$260,078 - $293,000
RENTED MAY 28, 2025

5042 S Rainbow Blvd Unit 106 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,163 Sq Ft
1987 Built

Highlights

  • Gated Community
  • Community Pool
  • Central Heating and Cooling System
  • Main Floor Primary Bedroom
  • Guest Parking
  • Washer and Dryer

About This Home

As of May 2025

First floor three-bedroom condo in gated Spring Valley community available now! Enjoy this freshly painted home featuring light floors, fireplace, tile countertops, two patios, new dishwasher, and washer and dryer in unit. Primary bedroom has a nice walk-in closet and private patio. Great location in the community tucked away, and right next to pool and spa. Other community amenities amenities include additional pool, fitness center, and clubhouse. You will love the shopping, dining, 215 access, and grocery stores nearby.

Last Agent to Rent the Property

Hayley Smith

Housing Helpers Of Las Vegas Brokerage Phone: 702-456-7368 License #B.1002438 Listed on: 03/26/2025

Last Renter's Agent

Bryan Haas

Keller Williams MarketPlace License #BS.0146272

Keller Williams MarketPlace

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $982

Year Built

  • Built in 1987

Lot Details

  • East Facing Home
  • Property is Fully Fenced

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 3/26/25
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Vizcaya Association, Phone Number (702) 222-2288
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$982

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas
  • Available Date: 2025-03-26
  • Security Deposit: 1595.0
  • Pet Deposit: 300.0
  • Pets Allowed: Yes

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Trails Amd
  • Directions: Tropicana & Rainbow, Head S on Rainbow, L into Vizcaya & enter right gates, take first L, straight to back wall of community, take a L, first L to dead-end BLDG 5042
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1987
  • Attribution Contact: 702-456-7368
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Full
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool, Spa/Hot Tub
  • Association: Vizcaya
  • Association Phone #2: 702-222-2288
  • Association: Yes
  • Pets Allowed: Yes

Schools

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

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2007
Sold by
Trails Property Llc
Bought by
Glasser Stephen and Glasser Gloria
Current Estimated Value
$279,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,525
Outstanding Balance
$121,156
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,364
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Glasser Stephen $180,525 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasser Stephen $180,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Rented $1,595 0.0% --
05/28/2025 05/28/25 Under Contract -- -- --
03/26/2025 03/26/25 For Rent $1,595 -6.2% --
02/26/2024 02/26/24 Rented $1,700 +6.6% --
02/23/2024 02/23/24 Under Contract -- -- --
02/01/2024 02/01/24 Price Changed $1,595 -3.3% $1 / Sq Ft
01/05/2024 01/05/24 Price Changed $1,650 -2.7% $1 / Sq Ft
10/03/2023 10/03/23 For Rent $1,695 +13.0% --
10/15/2021 10/15/21 For Rent $1,500 0.0% --
10/15/2021 10/15/21 Rented $1,500 +66.7% --
03/02/2016 03/02/16 For Rent $900 -5.3% --
03/02/2016 03/02/16 Rented $950 -2.6% --
05/25/2013 05/25/13 Rented $975 +8.3% --
04/25/2013 04/25/13 Under Contract -- -- --
02/11/2013 02/11/13 For Rent $900 -- --
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 $602 $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

  • Hayley Smith

    Landlord's Agent in 2025

    Hayley Smith

    Housing Helpers Of Las Vegas

    (941) 875-4723

    2 in this area

    31 Total Sales

    Hayley Smith
    Section Image

  • B

    Tenant's Agent in 2025

    Bryan Haas

    Keller Williams MarketPlace

    (702) 682-5885

    Bryan Haas
    Section Image
  • Hunter Tipold

    Buyer's Agent in 2024

    Hunter Tipold

    Keller Williams Realty Las Veg

    (808) 292-4243

    7 Total Sales

    Hunter Tipold
    Section Image

  • S

    Seller's Agent in 2016

    Susan Twining

    Gavish Real Estate and PM

  • N

    Buyer's Agent in 2016

    Nikki Artale

    Realty ONE Group, Inc

  • N

    Buyer's Agent in 2013

    Nick Leysath

    Gavish Real Estate and PM

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2668399

Las Vegas REALTORS®

APN: 163-26-110-568

Nevada Clark County Las Vegas 89118 Spring Valley

5042 S Rainbow Blvd Unit 106, Las Vegas, NV

This home is located at 5042 S Rainbow Blvd Unit 106, Las Vegas, NV 89118 since 26 March 2025 and is currently priced at $279,520. This property was built in 1987. 5042 S Rainbow Blvd Unit 106 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

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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.

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