NOT LISTED FOR SALE

5038 S Rainbow Blvd Unit 106 Las Vegas, NV 89118

Estimated Value: $228,000 - $272,000

3 Beds
2 Baths
1,163 Sq Ft
$210/mo HOA Fee

Last Sold June 26, 2014

Last sale price $80,000 $69 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,641/month

244 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry closet
  • Landscaped
  • Covered Patio or Porch
  • 1 Detached Carport Space
  • Central Heating and Cooling System

About This Home

As of June 2014

SPACIOUS 3 BDRM, 2 FULL BTH CONDO, IN A GATED COMMUNITY WITH GREAT AMMENITIES, MULTIPLE POOLS & SPAS, EXERCISE RM, TWO TENNIS COURTS.

Last Agent to Sell the Property

Ryan Crighton

Rothwell Gornt Companies License #BS.0000254 Listed on: 09/25/2013

Last Buyer's Agent

Frank Rinaldi

Rothwell Gornt Companies License #S.0170261

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $563

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Property is in good condition

HOA Fees

  • $210 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
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

  • Association fees include recreation facilities, sewer, trash, water
  • Vizcaya@Trails Assoc Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

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
  • Ownership: Condominium
  • Subdivision Name: TRAILS AMD
  • Directions: FROM TROPICANA & RAINBOW, (S) ON RAINBOW, (L) INTO VIZCAYA COMMUNITY, GO THROUGH LEFT GATE TO BACK OF COMMUNITY TO BLDG #5038, UNIT #106.
  • 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
  • Special Features: 12
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Full
  • Lot Features: Landscaped, None, Rocks
  • 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

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: VIZCAYA@TRAILS-ASSOC
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Recreation Facilities, Sewer, Trash, Water

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

Listed on
Sep 25, 2013
Closed on
Jun 6, 2014
Sold by
Glasser Stephen and Glasser Gloria
Bought by
Babich Daniel Jacob
Seller's Agent
Ryan Crighton
Rothwell Gornt Companies
Buyer's Agent
Frank Rinaldi
Rothwell Gornt Companies
List Price
$70,000
Sold Price
$80,000
Premium/Discount to List
$10,000
14.29%
Current Estimated Value
$256,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,853
Avg. Annual Appreciation
10.88%
Original Mortgage
$60,000
Outstanding Balance
$18,672
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$238,181

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
$178,495
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Babich Daniel Jacob $80,000 Driggs Title Agency Inc
Glasser Stephen $178,495 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babich Daniel Jacob $60,000
Previous Owner Glasser Stephen $178,495
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $80,000 +14.3% $69 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $70,000 -- $60 / 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 $766 $44,918 $21,875 $23,043
2024 $744 $44,918 $21,875 $23,043
2023 $744 $50,076 $28,438 $21,638
2022 $717 $37,504 $17,500 $20,004
2021 $696 $37,079 $17,500 $19,579
2020 $673 $36,678 $17,063 $19,615
2019 $653 $36,269 $16,625 $19,644
2018 $634 $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: 1386059

Las Vegas REALTORS®

APN: 163-26-110-448