NOT LISTED FOR SALE

5042 S Rainbow Blvd Unit 203 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $209,378 - $226,000

2 Beds
1 Bath
949 Sq Ft
$179/mo HOA Fee

Last Sold June 20, 2017

Last sale price $105,000 $111 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,429/month

12 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Cooling Available
  • Gated Community
  • Balcony
  • Desert Landscape

About This Home

As of June 2017

Wonderful two bedroom condo in great location in the southwest close to everything you need , school,shopping very easy access to 215. Not a bank owned or short sale. Open floor plan with huge living room with cozy fireplace and beautiful view of pool area ,large bedrooms, balconies on both sides .

Last Agent to Sell the Property

Farshad Hashemikohanzadeh

America's Choice Realty LLC License #S.0178016 Listed on: 05/08/2017

Last Buyer's Agent

Anelia Mollova

Realty ONE Group, Inc License #S.0057141

Realty ONE Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $494

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include management
  • Vizcaya @ Trails Association, Phone Number (702) 932-6886
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$494

Year Built

Built in 1987

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: TRAILS AMD
  • Directions: From Rainbow & Tropicana ,S. ON Rainbow , Left to Vizcaya Community
  • Architectural Style: Two Story
  • Carport Y N: No
  • 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: None
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Drywall
  • Direction Faces: North
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Uncovered

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • Security: Gated Community
  • Cooling: 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: Fitness Center, Gated, Pool, Spa/Hot Tub
  • Association Fee: 179.0
  • Association Fee Frequency: Monthly
  • Association Name: VIZCAYA @ TRAILS
  • Phone: 702-932-6886
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management

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: 494.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 14, 2017
Sold by
Alan Shokoufeh
Bought by
Petrov Teodor Tsvetanov
Seller's Agent
Farshad Hashemikohanzadeh
America's Choice Realty LLC
Buyer's Agent
Anelia Mollova
Realty ONE Group, Inc
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$217,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,345
Avg. Annual Appreciation
9.38%
Original Mortgage
$80,750
Outstanding Balance
$67,966
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$150,790

Purchase Details

Closed on
Jul 28, 2014
Sold by
Alan Shokoufeh and Saee Ali
Bought by
Alan Shokoufeh

Purchase Details

Closed on
May 19, 2014
Sold by
Alan Shokoufeh
Bought by
Alan Shokoufeh and Saee Ali

Purchase Details

Closed on
Apr 2, 2012
Sold by
Moghbel Shahin
Bought by
Alan Shokoufeh

Purchase Details

Closed on
Aug 9, 2010
Sold by
Fleming Robert and Fleming Kristine
Bought by
Moghbel Shahin

Purchase Details

Closed on
Apr 20, 2006
Sold by
Trails Property Llc
Bought by
Fleming Robert and Fleming Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,190
Interest Rate
5.91%
Mortgage Type
Stand Alone Second
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
Petrov Teodor Tsvetanov $105,000 Lawyers Title Of Nevada
Alan Shokoufeh -- None Available
Alan Shokoufeh $49,000 None Available
Alan Shokoufeh $49,000 National Title Company
Moghbel Shahin $40,100 None Available
Fleming Robert $181,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrov Teodor Tsvetanov $80,750
Previous Owner Fleming Robert $18,190
Previous Owner Fleming Robert $145,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $105,000 -4.5% $111 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $110,000 0.0% $116 / Sq Ft
02/20/2013 02/20/13 For Rent $700 0.0% --
02/20/2013 02/20/13 Rented $700 -- --
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 $786 $36,712 $17,500 $19,212
2024 $612 $36,712 $17,500 $19,212
2023 $494 $40,838 $22,750 $18,088
2022 $589 $30,700 $14,000 $16,700
2021 $571 $30,335 $14,000 $16,335
2020 $552 $30,012 $13,650 $16,362
2019 $536 $29,687 $13,300 $16,387
2018 $520 $22,754 $6,650 $16,104
2017 $661 $22,523 $5,950 $16,573
2016 $494 $22,144 $5,250 $16,894
2015 $492 $20,422 $4,900 $15,522
2014 $476 $15,828 $4,200 $11,628
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Farshad Hashemikohanzadeh

    America's Choice Realty LLC

    4 in this area

    25 Total Sales

    Farshad Hashemikohanzadeh
    Section Image

  • A

    Buyer's Agent in 2017

    Anelia Mollova

    Realty ONE Group, Inc

    (702) 808-2370

    5 in this area

    20 Total Sales

    Anelia Mollova
    Section Image

  • H

    Seller's Agent in 2013

    Heather Bates

    Rustic Properties

    (702) 550-9619

    Heather Bates
    Section Image

  • B

    Buyer's Agent in 2013

    Brenda Baldwin

    RX Realty

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1893973

Las Vegas REALTORS®

APN: 163-26-110-565

Nevada Clark County Las Vegas 89118 Spring Valley

5042 S Rainbow Blvd Unit 203, Las Vegas, NV

This home is located at 5042 S Rainbow Blvd Unit 203, Las Vegas, NV 89118 since 08 May 2017 and is currently estimated at $217,345, approximately $229 per square foot. This property was built in 1987. 5042 S Rainbow Blvd Unit 203 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