NOT LISTED FOR SALE

5038 S Rainbow Blvd Unit 105 Las Vegas, NV 89118

Estimated Value: $241,725 - $277,000

2 Beds
2 Baths
1,091 Sq Ft
$210/mo HOA Fee

Last Sold September 04, 2018

Last sale price $142,000 $130 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,636/month

36 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Gated Community
  • Tennis Courts
  • Double Pane Windows

About This Home

As of September 2018

Great condo located SW next to Spanish Trails . Close to shopping and and the strip. Very desirable 1st floor unit with patio. Home has updated kitchen with granite counter tops and breakfast bar. Stainless appliances. Living room is spacious with gas fireplace. Dining area open to patio. The master bedroom has 2 closets. Both baths have been retiled.

Last Agent to Sell the Property

Gio Carmona

United Realty Group License #BS.0032297 Listed on: 06/29/2018

Last Buyer's Agent

Leonides Roa

Silver State Realty & Inves License #S.0074516

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $563

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Open Parking
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Covered Patio or Porch

Community Details

Overview

  • Association fees include management, ground maintenance
  • Vizcaya At The Trai Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Fitness Center

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$563

Year Built

Built in 1987

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TRAILS AMD
  • Directions: From 215 and Rainbow. North on Rainbow Left at Vizcaya at the Trails Community. Us left entrance. Quick right all the way to the back.The far northeast corner
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 1091.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: Block, Full
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Guest, Open

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Fitness Center, Gated, Tennis Court(s)
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya at the Trai
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

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: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 563.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Llv Group Llc
Bought by
Maglasang Marc
Current Estimated Value
$253,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Outstanding Balance
$222,852
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$30,579

Purchase Details

Closed on
Dec 10, 2018
Sold by
Lin Nan and Beer Adrian
Bought by
Llv Group Llc

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 27, 2018
Sold by
Khan Sana and Shehzad Saqib
Bought by
Lin Nan
Seller's Agent
Gio Carmona
United Realty Group
Buyer's Agent
Leonides Roa
Silver State Realty & Inves
List Price
$145,000
Sold Price
$142,000
Premium/Discount to List
-$3,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Aug 13, 2016
Sold by
Khan Sana
Bought by
Khan Sana and Shehzad Saqib

Purchase Details

Listed on
Apr 26, 2015
Closed on
Oct 28, 2015
Sold by
New York Community Bank
Bought by
Khan Sana
Seller's Agent
Michael Moretti
Coldwell Banker Premier
Buyer's Agent
Gio Carmona
United Realty Group
List Price
$89,900
Sold Price
$71,000
Premium/Discount to List
-$18,900
-21.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Feb 10, 2015
Sold by
Glasser Stephen and Glasser Gloria
Bought by
New York Community Bank

Purchase Details

Closed on
Feb 13, 2007
Sold by
Trails Property Llc
Bought by
Glasser Stephen and Glasser Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,736
Interest Rate
8.25%
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
Maglasang Marc $245,000 Lawyers Title
Llv Group Llc -- Accommodation
Lin Nan -- Accommodation
Lin Nan $143,000 Stewart Title Company F
Khan Sana -- None Available
Khan Sana $71,000 Ticor Title Las Vegas
New York Community Bank $83,000 None Available
Glasser Stephen $173,420 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maglasang Marc $232,750
Previous Owner Glasser Stephen $138,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2018 09/04/18 Sold $142,000 -2.1% $130 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $145,000 +104.2% $133 / Sq Ft
11/02/2015 11/02/15 Sold $71,000 -21.0% $65 / Sq Ft View Prior Sale
10/03/2015 10/03/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $89,900 -- $82 / 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 $920 $41,337 $20,125 $21,212
2024 $852 $41,337 $20,125 $21,212
2023 $852 $46,090 $26,163 $19,927
2022 $783 $34,500 $16,100 $18,400
2021 $725 $34,118 $16,100 $18,018
2020 $671 $33,755 $15,698 $18,057
2019 $629 $33,368 $15,295 $18,073
2018 $600 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $563 $24,941 $6,300 $18,641
2015 $560 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2008088

Las Vegas REALTORS®

APN: 163-26-110-449