NOT LISTED FOR SALE

5030 S Rainbow Blvd Unit 201 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $270,137 - $292,000

3 Beds
2 Baths
1,163 Sq Ft
7,662 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $255,000 $219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,597/month

Highlights

  • Fitness Center
  • Clubhouse
  • Great Room
  • Gated Community
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2024

GATED COMMUNITY WITH 6 SWIMMING POOLS, 4 SPAS, AND TENNIS COURTS WITH AN EXERCISE ROOM. MASTER BEDROOM HAS WALK-IN CLOSET AND AN ACCESS TO THE LARGE PATIO. KITCHEN HAS BRAND-NEW STAINLESS-STEEL APPLIANCES, GRANITE COUNTERTOPS. NICE SIZE GREAT ROOM WITH LOTS OF WINDOWS, 2 BALCONIES.

Last Agent to Rent the Property

zorik arakelyan

IHOME Realty LLC Brokerage Phone: 702-732-4862 License #B.0143249 Listed on: 02/07/2024

Last Renter's Agent

Carolina Chamorro

Realty ONE Group, Inc License #S.0072889

Realty ONE Group, Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $982

Year Built

  • Built in 1987

Lot Details

  • East Facing Home

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Great Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Schools

  • Earl Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,795
  • Property Available on 2/7/24
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Vizcaya Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$982

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas
  • Available Date: 2024-02-07
  • Security Deposit: 1795.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1759
  • Subdivision Name: Trails Amd
  • Directions: FROM TROPICANA AND S RAINBOW AND TROPICANA, S ON RAINBOW, TURN LEFT INTO VIZCAYA GATED COMMUNITY.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1987
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-732-4862
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Window Treatments
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub, Security
  • Association: VIZCAYA
  • Association Phone #2: 702-795-3344
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Earl, Marion B.,Earl, Ira J.
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Lot Size Sq Ft: 7663.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Sep 8, 2023
Sold by
Yee Lee Fong
Bought by
Lusikyan Hasmik
Seller's Agent
Admin Assistant
POA Commercial
Buyer's Agent
Robert Akopian
Archer Realty Group LLC
List Price
$258,000
Sold Price
$255,000
Premium/Discount to List
-$3,000
-1.16%
Views
236
Current Estimated Value
$278,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,034
Avg. Annual Appreciation
4.68%
Original Mortgage
$216,750
Outstanding Balance
$213,061
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$65,732

Purchase Details

Closed on
Mar 18, 2011
Sold by
Amtrust Reo I Llc
Bought by
Yee Lee Fong

Purchase Details

Closed on
Oct 5, 2010
Sold by
Bayer Robert and Bayer Virginia
Bought by
Amtrust Reo I Llc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Trails Property Llc
Bought by
Bayer Robert and Bayer Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,925
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lusikyan Hasmik $255,000 Lawyers Title
Yee Lee Fong $69,000 Fidelity Rainbow
Amtrust Reo I Llc $61,200 Accommodation
Bayer Robert $239,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lusikyan Hasmik $216,750
Previous Owner Bayer Robert $179,925
Previous Owner Bayer Robert $35,985
Previous Owner Bayer Robert $35,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Rented $1,595 0.0% --
02/22/2024 02/22/24 Price Changed $1,595 -5.9% $1 / Sq Ft
02/16/2024 02/16/24 Price Changed $1,695 -5.6% $1 / Sq Ft
02/07/2024 02/07/24 For Rent $1,795 0.0% --
09/12/2023 09/12/23 Sold $255,000 -1.2% $219 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $258,000 0.0% $222 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $258,000 -- $222 / Sq Ft
Source: Las Vegas REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $982 $44,918 $21,875 $23,043
2024 $910 $44,918 $21,875 $23,043
2023 $910 $50,076 $28,438 $21,638
2022 $837 $37,504 $17,500 $20,004
2021 $775 $37,079 $17,500 $19,579
2020 $717 $36,678 $17,063 $19,615
2019 $672 $36,269 $16,625 $19,644
2018 $641 $27,608 $8,313 $19,295
2017 $801 $27,297 $7,438 $19,859
2016 $602 $26,802 $6,563 $20,239
2015 $599 $25,609 $6,125 $19,484
2014 $581 $19,205 $5,250 $13,955
Source: Public Records

Agents Affiliated with this Home

  • z

    Landlord's Agent in 2024

    zorik arakelyan

    IHOME Realty LLC

    43 in this area

    163 Total Sales

    zorik arakelyan
    Section Image

  • C

    Tenant's Agent in 2024

    Carolina Chamorro

    Realty ONE Group, Inc

    (702) 533-9774

    3 in this area

    63 Total Sales

    Carolina Chamorro
    Section Image

  • A

    Seller's Agent in 2023

    Admin Assistant

    POA Commercial

    (702) 221-0055

    15 in this area

    24 Total Sales

    Admin Assistant
    Section Image

  • R

    Buyer's Agent in 2023

    Robert Akopian

    Archer Realty Group LLC

    (818) 935-9067

    5 in this area

    15 Total Sales

    Robert Akopian
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2558599

Las Vegas REALTORS®

APN: 163-26-110-579

Nevada Clark County Las Vegas 89118 Spring Valley

5030 S Rainbow Blvd Unit 201, Las Vegas, NV

This home is located at 5030 S Rainbow Blvd Unit 201, Las Vegas, NV 89118 since 07 February 2024 and is currently priced at $278,034. This property was built in 1987. 5030 S Rainbow Blvd Unit 201 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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