$94,000
SOLD JUN 20, 2016

5038 S Rainbow Blvd Unit 206 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,163 Sq Ft
$208/mo HOA Fee

Recently Sold

$81 Per Sq Ft

5% Below List Price

39 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Balcony
  • Clubhouse
  • Tennis Courts
  • Laundry closet

About This Home

As of June 2016

SPACIOUS 3 BEDROOM 2 BATH LOCATED UPPER-LEVEL CONDO WITH VAULTED CEILING. LOCATED IN GATED COMMUNITY WITH COMMNUNITY POOLS, SPAS, AND EXERCISE FACILITY. TENANT OCCUPIED. ROOM DIMENSIONS ARE APPROXIMATE.

Last Agent to Sell the Property

Lee Wen

Real Broker LLC License #S.0172456 Listed on: 04/11/2016

Real Broker LLC

Last Buyer's Agent

Agnes Chan-Au-Yeung

Vertex Realty & Property Manag License #S.0174215

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $599

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $208 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
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

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

Overview

  • Association fees include management, ground maintenance, sewer, water
  • Vizcaya At Trails Association, Phone Number (702) 489-2892
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$599

Year Built

Built in 1987

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TRAILS AMD
  • Directions: FROM TROPICANA AND RAINBOW, SOUTH ON RAINBOW, LEFT INTO VIZCAYA COMMUNIY. LEFT GATE TO ENTER, FOLLOW DOWN TO BACK OF THE COMMUNITY, LEFT TURN TO END TO BUILDING 5038#206
  • 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: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • 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, None
  • Pool Features: Community
  • Pool Private: No
  • View: None
  • View: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Balcony
  • 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
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • 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, Gated, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 208.0
  • Association Fee Frequency: Monthly
  • Association Name: VIZCAYA AT TRAILS
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Sewer, 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: 599.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 20, 2016
Sold by
Chan Gabriel Pun Leung
Bought by
Chung Shi Yiu
Seller's Agent
Lee Wen
Real Broker LLC
Buyer's Agent
Agnes Chan-Au-Yeung
Vertex Realty & Property Manag
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 17, 2016
Sold by
Lsy Investment Group Llc
Bought by
Chung Shul Yiu
Seller's Agent
Lee Wen
Real Broker LLC
Buyer's Agent
Agnes Chan-Au-Yeung
Vertex Realty & Property Manag
List Price
$99,000
Sold Price
$94,000
Premium/Discount to List
-$5,000
-5.05%

Purchase Details

Listed on
Nov 12, 2012
Closed on
Dec 19, 2012
Sold by
Leung Ying Tsz
Bought by
Li Ling
Seller's Agent
Ted Morrison
Realty ONE Group, Inc
Buyer's Agent
Shaw Wen
Realty of America Investment
List Price
$86,000
Sold Price
$76,500
Premium/Discount to List
-$9,500
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Jan 22, 2012
Closed on
Mar 18, 2012
Sold by
Li Ling
Bought by
Lsy Investment Group Llc
Seller's Agent
Meredith Wetmore
Home Property Management & Rea
Buyer's Agent
Meredith Wetmore
Home Property Management & Rea
Sold Price
$875

Purchase Details

Closed on
Sep 23, 2010
Sold by
Shanklin Geoffrey N
Bought by
Leung Ying Tsz

Purchase Details

Closed on
May 24, 2010
Sold by
Haas George Michael and Haas Deborah L
Bought by
Shanklin Geoffrey N and Leung Ying Tsz

Purchase Details

Closed on
Nov 21, 2005
Sold by
Trails Property Llc
Bought by
Haas George Michael and Hass Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,910
Interest Rate
10%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Bargain Sale Deed -- Lawyers Title Of Nevada
Bargain Sale Deed $94,000 Lawyers Title Of Nevada
Bargain Sale Deed $76,500 Old Republic Title Co
Quit Claim Deed -- None Available
Grant Deed -- None Available
Bargain Sale Deed $72,000 Fidelity National Title Las
Bargain Sale Deed $219,400 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $32,910 Credit Line Revolving
Previous Owner $164,550 Purchase Money Mortgage
Previous Owner $32,910 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $283,750 0.0% $244 / Sq Ft
04/01/2022 04/01/22 For Rent $1,595 +6.3% --
04/01/2022 04/01/22 Rented $1,500 +30.4% --
06/18/2018 06/18/18 For Rent $1,150 0.0% --
06/18/2018 06/18/18 Rented $1,150 0.0% --
06/20/2016 06/20/16 Sold $94,000 -5.1% $81 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $99,000 +29.4% $85 / Sq Ft
12/20/2012 12/20/12 Sold $76,500 -11.0% $66 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/12/2012 11/12/12 For Sale $86,000 0.0% $74 / Sq Ft
11/01/2012 11/01/12 Rented $875 0.0% --
10/02/2012 10/02/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $875 0.0% --
04/02/2012 04/02/12 Rented $875 0.0% --
03/03/2012 03/03/12 Under Contract -- -- --
01/22/2012 01/22/12 For Rent $875 -- --
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: 1622730

Las Vegas REALTORS®

APN: 163-26-110-442