NOT LISTED FOR SALE

5032 S Rainbow Blvd Unit 203 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $216,000 - $227,000

2 Beds
1 Bath
949 Sq Ft
$210/mo HOA Fee

Last Sold November 30, 2021

Last sale price $185,000 $195 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,522/month

107 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Balcony
  • Gated Community
  • Community Pool
  • Laundry closet

About This Home

As of November 2021

**LOWEST PRICED UNIT IN ALL OF VIZCAYA** This incredibly appointed two bedroom condo is located in the heart of Southwest Vegas. Vizcaya is close to all the action including the brand new Allegiant Stadium, T-Mobile Arena, and a short drive to Downtown Summerlin and Ikea! Unit boasts vaulted ceilings, a fireplace to keep you warm on those brisk desert winter nights and a large balcony to take in the sun. This gated community offers pools, a clubhouse, a gym, and so much more! Living here truly encapsulates resort style living, welcome home!

Last Agent to Sell the Property

Jason Schifrin

Real Broker LLC License #S.0175840 Listed on: 07/15/2021

Real Broker LLC

Last Buyer's Agent

Sherri Simhayoff-Cohen

Wardley Real Estate License #S.0067797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $591

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Drip System Landscaping
  • Property is in good condition

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Additional Features

  • Sprinkler System
  • Balcony

Community Details

Overview

  • Association fees include management, insurance
  • Vizcaya Association, Phone Number (702) 489-2892
  • 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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$591

Year Built

Built in 1987

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Trails Amd
  • Directions: From 215/Rainbow, head North on Rainbow. Before Tropicana turn right into Vizcaya community.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-496-5000
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Living Area: 949.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Full
  • Lot Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: South
  • Exterior Features: Balcony, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance

Schools

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

Lot Info

  • Horse Amenities: None
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 18, 2021
Sold by
Vst 32 203 Realty Group Llc
Bought by
Koren Gali and Abrams Steve Z
Seller's Agent
Jason Schifrin
Real Broker LLC
Buyer's Agent
Sherri Simhayoff-Cohen
Wardley Real Estate
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Total Days on Market
107
Current Estimated Value
$221,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,584
Avg. Annual Appreciation
5.25%
Original Mortgage
$129,500
Outstanding Balance
$105,605
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$115,910

Purchase Details

Closed on
Apr 12, 2006
Sold by
Lliteras Jason and Lliteras Karna Lynn
Bought by
Vst 32-203 Realty Group Llc

Purchase Details

Closed on
Nov 7, 2005
Sold by
Trails Property Llc
Bought by
Lliteras Jason and Lliteras Daniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,520
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lliteras Karna
Bought by
Lliteras Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,520
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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
Koren Gali $185,000 Wfg National Title Compan
Vst 32-203 Realty Group Llc $144,400 None Available
Lliteras Jason $144,400 None Available
Lliteras Jason $144,400 Stewart Title Of Nevada
Lliteras Jason -- Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koren Gali $129,500
Previous Owner Lliteras Jason $115,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $185,000 -2.6% $195 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $190,000 0.0% $200 / Sq Ft
09/27/2013 09/27/13 Rented $700 -6.7% --
08/28/2013 08/28/13 Under Contract -- -- --
07/11/2013 07/11/13 For Rent $750 -- --
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 $811 $36,712 $17,500 $19,212
2024 $752 $36,712 $17,500 $19,212
2023 $752 $40,838 $22,750 $18,088
2022 $691 $30,700 $14,000 $16,700
2021 $640 $30,335 $14,000 $16,335
2020 $591 $30,012 $13,650 $16,362
2019 $554 $29,687 $13,300 $16,387
2018 $529 $22,754 $6,650 $16,104
2017 $661 $22,523 $5,950 $16,573
2016 $496 $22,144 $5,250 $16,894
2015 $494 $21,210 $4,900 $16,310
2014 $478 $15,828 $4,200 $11,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2314834

Las Vegas REALTORS®

APN: 163-26-110-481