$238,000 - $266,000
RENTED JUN 8, 2025

5038 S Rainbow Blvd Unit 205 Las Vegas, NV 89118

2 Beds
2 Baths
1,091 Sq Ft
7,741 Sq Ft Lot

Last Sold November 21, 2024

Last sale price $240,000 $220 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,410/month

Highlights

  • Fitness Center
  • Gated Community
  • Laundry Room
  • Private Pool
  • Clubhouse
  • Community Barbecue Grill

About This Home

As of June 2025

This Light & Bright Upstairs Unit offers tons of Privacy & No Neighbors behind. Come up and enjoy the Large Inviting Main Living Area with Vaulted Ceilings, Cozy Fireplace, and Lots of Natural Light! The Kitchen offers a Breakfast Bar, Plenty of Counter Space, Granite Countertops, a Garden Window, and good sized Dining Niche to enjoy peaceful Dinners! Stainless Steel Appliances, Fridge, Dishwasher, Microwave, Washer & Dryer all included! Separate Bedrooms are Large, each with its own Bath & Good sized Closets w/Mirrored Doors! Terrific Community offer Lots of Amenities including 6 Sparkling Pools, Spas, Fitness Center, Tennis Courts & Clubhouse. Located in a Prime Las Vegas Location, this Complex is is Close to Everything! just minutes from the LV Strip, and Raiders Football Stadium, Popular eating establishments & Night Life!

Last Agent to Rent the Property

Narine Vardanyan

Vegas Realty Experts Brokerage Phone: 702-985-5739 License #S.0192623 Listed on: 04/20/2025

Last Renter's Agent

Narine Vardanyan

Vegas Realty Experts Brokerage Phone: 702-985-5739 License #S.0192623 Listed on: 04/20/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $916

Year Built

  • Built in 1987

Lot Details

  • South Facing Home

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Underground Utilities
  • Cable TV Not Available

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 4/20/25
  • Tenant pays for cable TV, electricity, gas, security, sewer, trash collection
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Secondary HOA Phone (702) 882-7874
  • 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
  • Dog Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$916

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Security, Sewer, Trash Collection
  • Available Date: 2025-04-20
  • Security Deposit: 2000.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1777
  • Subdivision Name: Trails Amd
  • Directions: RAINBOW & TROPICANA, South on Rainbow to 1st Left into Fabulous Centrally Located "VIZCAYA CONDOS!" After entering, Turn Left or Right and travel straight back to the end of community and turn Left to Building 5038! Just minutes from the Las Vegas Strip!
  • Architectural Style: Two Story
  • Building Name: NONE
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1987
  • Attribution Contact: 702-985-5739
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Window Treatments, Programmable Thermostat
  • Living Area: 1091.0
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Fencing: None
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco, Drywall
  • Direction Faces: South
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Not Available, Underground Utilities

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Dog Park, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub
  • Association: VZ
  • Association Phone #2: 702-882-7874
  • Association: Yes
  • Pets Allowed: Call

Schools

  • Elementary School: Rogers, Lucille S.,Rogers, Lucille S.
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Lot Size Sq Ft: 7740.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2025
Sold by
Muradyan Ambartsum
Bought by
Jxa Enterprise Llc
Current Estimated Value
$250,262

Purchase Details

Listed on
Aug 18, 2024
Closed on
Nov 19, 2024
Sold by
Takvoryan Ovsanna
Bought by
Muradyan Ambartsum
Seller's Agent
Daniel Prorok
LPT Realty, LLC
Buyer's Agent
H Sima Madaryan
Vegas Realty Experts
List Price
$258,988
Sold Price
$240,000
Premium/Discount to List
-$18,988
-7.33%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$168,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2024
Closed on
Nov 13, 2024
Sold by
Contreras Yolanda
Bought by
Muradyan Ambartsum
Seller's Agent
Daniel Prorok
LPT Realty, LLC
Buyer's Agent
H Sima Madaryan
Vegas Realty Experts
List Price
$258,988
Sold Price
$240,000
Premium/Discount to List
-$18,988
-7.33%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 2, 2021
Sold by
Bella & Brandi Village Condominiums Llc
Bought by
Contreras Yolanda
Seller's Agent
Hector Miguel
Key Realty
Buyer's Agent
Anthony Luna
The Agency Las Vegas
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2021
Sold by
Fangonil Edwin S and Fangonil Elaine R
Bought by
Bella & Brandi Village Condominiums Llc

Purchase Details

Listed on
May 19, 2017
Closed on
May 9, 2017
Sold by
Soleimani Sima
Bought by
Fangonil Edwin and Fangonil Elaine
Seller's Agent
Kami Zargari
Triumph Property Management Co
Buyer's Agent
Andy Espinoza
Solstice Real Estate Group
Sold Price
$950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Listed on
Jun 18, 2013
Closed on
Jul 8, 2013
Sold by
Taber Robert B and Taber Linda A
Bought by
Soleimani Sima
Seller's Agent
Carlos Caipa
BHHS Nevada Properties
Buyer's Agent
Johnny Chua
United Pacific Realty
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Oct 13, 2006
Sold by
Trails Property Llc
Bought by
Taber Robert B and Taber Linda A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jxa Enterprise Llc -- None Listed On Document
Muradyan Ambartsum -- Roc Title
Muradyan Ambartsum -- Roc Title
Muradyan Ambartsum $240,000 Roc Title
Contreras Yolanda $205,000 Equity Title Of Nevada
Bella & Brandi Village Condominiums Llc $1,670 None Listed On Document
Fangonil Edwin $105,000 Chicago Title Las Vegas
Soleimani Sima $90,000 Old Republic Title Co
Taber Robert B $160,000 Great American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muradyan Ambartsum $168,000
Previous Owner Contreras Yolanda $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2025 06/08/25 Rented $1,650 0.0% --
06/06/2025 06/06/25 Under Contract -- -- --
05/16/2025 05/16/25 Price Changed $1,650 -2.9% $2 / Sq Ft
04/20/2025 04/20/25 For Rent $1,700 0.0% --
11/21/2024 11/21/24 Sold $240,000 -3.4% $220 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $248,500 -0.6% $228 / Sq Ft
10/07/2024 10/07/24 Price Changed $249,888 0.0% $229 / Sq Ft
10/06/2024 10/06/24 Price Changed $249,988 +0.4% $229 / Sq Ft
10/04/2024 10/04/24 Price Changed $248,988 -3.9% $228 / Sq Ft
09/03/2024 09/03/24 For Sale $258,988 +26.3% $237 / Sq Ft
10/12/2021 10/12/21 Sold $205,000 +5.1% $188 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $195,000 0.0% $179 / Sq Ft
05/19/2017 05/19/17 For Rent $950 0.0% --
05/19/2017 05/19/17 Rented $950 0.0% --
05/11/2017 05/11/17 Sold $105,000 +10.5% $96 / Sq Ft
04/20/2017 04/20/17 For Sale $95,000 +5.6% $87 / Sq Ft
07/30/2013 07/30/13 Sold $90,000 0.0% $82 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $90,000 -- $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 $916 $41,337 $20,125 $21,212
2024 $849 $41,337 $20,125 $21,212
2023 $561 $46,090 $26,163 $19,927
2022 $780 $34,500 $16,100 $18,400
2021 $723 $34,118 $16,100 $18,018
2020 $668 $33,755 $15,698 $18,057
2019 $626 $33,368 $15,295 $18,073
2018 $597 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $561 $24,941 $6,300 $18,641
2015 $558 $23,840 $5,880 $17,960
2014 $541 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

  • Narine Vardanyan

    Landlord's Agent in 2025

    Narine Vardanyan

    Vegas Realty Experts

    46 Total Sales

    Narine Vardanyan
    Section Image

  • D

    Seller's Agent in 2024

    Daniel Prorok

    LPT Realty, LLC

    (702) 528-4277

    42 Total Sales

    Daniel Prorok
    Section Image

  • H

    Buyer's Agent in 2024

    H Sima Madaryan

    Vegas Realty Experts

    (702) 215-9408

    31 Total Sales

    H Sima Madaryan
    Section Image

  • H

    Seller's Agent in 2021

    Hector Miguel

    Key Realty

    (702) 277-4975

    15 Total Sales

    Hector Miguel
    Section Image

  • A

    Buyer's Agent in 2021

    Anthony Luna

    The Agency Las Vegas

    (702) 575-1519

    21 Total Sales

    Anthony Luna
    Section Image
  • Kami Zargari

    Seller's Agent in 2017

    Kami Zargari

    Triumph Property Management Co

    (702) 367-2323

    164 Total Sales

    Kami Zargari
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2674050

Las Vegas REALTORS®

APN: 163-26-110-443

Nevada Clark County Las Vegas 89118

5038 S Rainbow Blvd Unit 205, Las Vegas, NV

This home is located at 5038 S Rainbow Blvd Unit 205, Las Vegas, NV 89118 since 20 April 2025 and is currently priced at $250,262. This property was built in 1987. 5038 S Rainbow Blvd Unit 205 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.

Nearby Homes