NOT LISTED FOR SALE

5032 S Rainbow Blvd Unit 206 Las Vegas, NV 89118

Estimated Value: $267,000 - $290,000

3 Beds
2 Baths
1,163 Sq Ft
$205/mo HOA Fee

Last Sold June 24, 2014

Last sale price $92,000 $79 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,743/month

211 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • Newly Remodeled
  • Clubhouse
  • Tennis Courts

About This Home

As of June 2014

THIS IS A SHORT SALE. AWESOME 2ND FLOOR UNIT IN A CENTRALLY LOCATED GATED WITH CLUBHOUSE CONDO COMMUNITY. THIS CONDO FEATURES 3 BED / 2 BATH DUAL BALCONIES (ONE OF MASTER). GREAT FOR ENJOYING OUR BEATUFIUL LAS VEGAS SUNNY DAYS. CLEAN AND READY TO GO!

Last Agent to Sell the Property

Ken Ravago

RE/MAX Advantage License #BS.0049230 Listed on: 10/25/2013

RE/MAX Advantage

Last Buyer's Agent

Katherine Little

Realty ONE Group, Inc License #BS.0051494

Realty ONE Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $563

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • North Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

Overview

  • Association fees include management, trash
  • Rmi Association, Phone Number (702) 912-6897
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$563

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: TRAILS AMD
  • Directions: FROM 1-15 AND TROPICANA HEAD WEST TOWARD RAINBOW. ON RAINBOW HEAD SOUTH THEN LEFT ON VIZCAYA AT THE TRAILS COMMUNITY
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: NEW
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 14
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: North
  • Property Condition: Good Condition, New Construction
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub, Security, Tennis Court(s)
  • Association Fee: 205.0
  • Association Fee Frequency: Monthly
  • Association Name: RMI
  • Phone: 702-912-6897
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Trash

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2016
Sold by
Wang Ruby C
Bought by
Wang Julia
Current Estimated Value
$278,232

Purchase Details

Listed on
Oct 25, 2013
Closed on
Jun 11, 2014
Sold by
Wehofer Stuart A
Bought by
Wang Ruby C
Seller's Agent
Ken Ravago
RE/MAX Advantage
Buyer's Agent
Katherine Little
Realty ONE Group, Inc
List Price
$80,000
Sold Price
$92,000
Premium/Discount to List
$12,000
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Trails Property Llc
Bought by
Wehofer Stuart A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,520
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wang Julia -- None Available
Wang Ruby C $92,000 Netco
Wehofer Stuart A $211,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wehofer Stuart A $169,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2014 06/24/14 Sold $92,000 +15.0% $79 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $80,000 0.0% $69 / Sq Ft
05/01/2012 05/01/12 Rented $750 -11.8% --
04/01/2012 04/01/12 Under Contract -- -- --
03/07/2012 03/07/12 For Rent $850 -- --
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

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Map

Source: Las Vegas REALTORS®

MLS Number: 1395221

Las Vegas REALTORS®

APN: 163-26-110-478