NOT LISTED FOR SALE

5042 S Rainbow Blvd Unit 205 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $228,000 - $269,000

2 Beds
2 Baths
1,091 Sq Ft
$210/mo HOA Fee

Last Sold April 16, 2019

Last sale price $150,000 $137 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,629/month

142 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Cooling Available
  • Gated Community
  • Community Pool
  • Laundry Room

About This Home

As of April 2019

Centrally located by Rainbow & Tropicana. Close to restaurants and shopping, close to Freeway & the strip. Great for owner occupied or investment property. Gated Community. Open floor plan with 2 bedrooms. Master bedroom is very spacious and second bedroom also have access to bath. Tile floor through out and carpet in bedrooms. Balcony by dining area.

Last Agent to Sell the Property

Eleanor Cheng

Century 21 1st Priority Realty License #S.0046611 Listed on: 10/25/2018

Last Buyer's Agent

Willis Hill

DeVille Realty Group License #S.0078742

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $563

Year Built

  • Built in 1987

Lot Details

  • North Facing Home
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

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

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

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
  • Subdivision Name: TRAILS AMD
  • Directions: From Tropicana and Rainbow, S on Rainbow. Left into Vizcaya, then thru left gate. Building 5042.
  • 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

  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1091.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Partial
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: North
  • Exterior Features: Exterior Steps
  • 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 Room, Upper Level
  • 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: Clubhouse, Fitness Center, Gated, Pool
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, 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
  • Lot Size Sq Ft: 1091.0
  • 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
Oct 25, 2018
Closed on
Apr 9, 2019
Sold by
Lim Christopher A
Bought by
Janzer Marek J and Janzer Renita D
Seller's Agent
Eleanor Cheng
Century 21 1st Priority Realty
Buyer's Agent
Willis Hill
DeVille Realty Group
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%
Current Estimated Value
$246,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,410
Avg. Annual Appreciation
8.22%
Original Mortgage
$12,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Mar 15, 2019
Sold by
Lindell 102 Series A Nevada Series Llc
Bought by
Lim Christopher A
Seller's Agent
Eleanor Cheng
Century 21 1st Priority Realty
Buyer's Agent
Willis Hill
DeVille Realty Group
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 25, 2016
Sold by
Liu Lih Huah and Chang Lee Hong
Bought by
The Rainbow 205 Series Of Cqlh Enterpris
Seller's Agent
Admin Assistant
POA Commercial
Buyer's Agent
Eleanor Cheng
Century 21 1st Priority Realty
List Price
$89,800
Sold Price
$88,000
Premium/Discount to List
-$1,800
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Amtrust Reo I Llc
Bought by
Liu Lih Huah and Chang Lee Hong

Purchase Details

Closed on
Mar 9, 2011
Sold by
Powell James and Powell Kristie
Bought by
Amtrust Reo I Llc

Purchase Details

Closed on
Sep 5, 2007
Sold by
Powell James and Powell Kristie
Bought by
Newton Properties Llc

Purchase Details

Closed on
Oct 17, 2006
Sold by
Trails Property Llc
Bought by
Powell James and Powell Kristie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,280
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Janzer Marek J $150,000 Noble Title
Lim Christopher A -- Noble Title
Lim Christopher A $88,000 Noble Title
The Rainbow 205 Series Of Cqlh Enterpris $88,000 Noble Title
Liu Lih Huah $59,000 Lsi Title Agency Inc
Amtrust Reo I Llc $55,250 Accommodation
Newton Properties Llc -- None Available
Powell James $220,400 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janzer Marek J $109,486
Closed Lim Christopher A $12,500
Closed Lim Christopher A $12,500
Previous Owner Powell James $154,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $150,000 -9.1% $137 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
10/25/2018 10/25/18 For Sale $165,000 +87.5% $151 / Sq Ft
08/30/2016 08/30/16 Sold $88,000 -2.0% $81 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $89,800 -- $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 $920 $41,337 $20,125 $21,212
2024 $852 $41,337 $20,125 $21,212
2023 $852 $46,090 $26,163 $19,927
2022 $783 $34,500 $16,100 $18,400
2021 $725 $34,118 $16,100 $18,018
2020 $671 $33,755 $15,698 $18,057
2019 $629 $33,368 $15,295 $18,073
2018 $600 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $563 $24,941 $6,300 $18,641
2015 $560 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Eleanor Cheng

    Century 21 1st Priority Realty

    (702) 338-3344

    26 in this area

    64 Total Sales

    Eleanor Cheng
    Section Image

  • W

    Buyer's Agent in 2019

    Willis Hill

    DeVille Realty Group

    8 Total Sales

    Willis Hill
    Section Image

  • A

    Seller's Agent in 2016

    Admin Assistant

    POA Commercial

    (702) 221-0055

    15 in this area

    24 Total Sales

    Admin Assistant
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2042931

Las Vegas REALTORS®

APN: 163-26-110-563

Nevada Clark County Las Vegas 89118 Spring Valley

5042 S Rainbow Blvd Unit 205, Las Vegas, NV

This home is located at 5042 S Rainbow Blvd Unit 205, Las Vegas, NV 89118 since 25 October 2018 and is currently estimated at $246,410, approximately $225 per square foot. This property was built in 1987. 5042 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