$259,000
$26K PRICE DROP

5042 S Rainbow Blvd Unit 206 Las Vegas, NV 89118

Estimated payment $1,655/month

Total Views 3,263
3 Beds
2 Baths
1,163 Sq Ft
$223 Price per Sq Ft

Highlights

  • Gated Community
  • Tennis Courts
  • Guest Parking
  • Community Spa
  • Tile Flooring
  • 1 Detached Carport Space

About This Home

LOVELY 3 BEDROOM UPSTAIRS CONDO IN THE SOUTHWEST! New stainless dishwasher, fridge, microwave, and stove. New carpet, blinds, and paint throughout the unit! Washer and Dryer included. Gated community with 6 community pools, fitness center, and tennis courts. Trash and water included in the HOA. Plenty of parking and close to shopping, airport, schools, and parks. Move In READY!!

Listing Agent

Diana Albiston

Shelter Realty, Inc Brokerage Phone: 702-376-7379 License #S.0169144 Listed on: 06/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $805

Year Built

  • Built in 1987

Lot Details

  • East Facing Home
  • Desert Landscape

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Detached 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

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$805

Year Built

Built in 1987

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Trails Amd
  • Directions: From the 215 and West Tropicana head east on Tropicana. Turn Right on Rainbow and left into the community. Enter the gate on the right and head to the back of the complex. Unit is near the pool.
  • 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
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-376-7379
  • 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, Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 1163.0
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: East
  • Exterior Features: None
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Gated, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya
  • Phone: 702-489-2892
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Trash, Water

Schools

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

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 805.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $805 $44,918 $21,875 $23,043
2024 $782 $44,918 $21,875 $23,043
2023 $819 $50,076 $28,438 $21,638
2022 $790 $37,504 $17,500 $20,004
2021 $731 $37,079 $17,500 $19,579
2020 $676 $36,678 $17,063 $19,615
2019 $656 $36,269 $16,625 $19,644
2018 $637 $27,608 $8,313 $19,295
2017 $801 $27,297 $7,438 $19,859
2016 $598 $26,802 $6,563 $20,239
2015 $597 $25,609 $6,125 $19,484
2014 $578 $19,205 $5,250 $13,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $259,000 -3.7% $223 / Sq Ft
08/21/2025 08/21/25 Price Changed $269,000 -3.6% $231 / Sq Ft
07/21/2025 07/21/25 Price Changed $279,000 -2.1% $240 / Sq Ft
06/16/2025 06/16/25 For Sale $285,000 0.0% $245 / Sq Ft
04/21/2021 04/21/21 Rented $1,350 0.0% --
03/22/2021 03/22/21 Under Contract -- -- --
03/05/2021 03/05/21 For Rent $1,350 +22.7% --
01/14/2019 01/14/19 Rented $1,100 0.0% --
12/15/2018 12/15/18 Under Contract -- -- --
11/30/2018 11/30/18 For Rent $1,100 +22.4% --
07/16/2015 07/16/15 Rented $899 0.0% --
06/16/2015 06/16/15 Under Contract -- -- --
05/19/2015 05/19/15 For Rent $899 +2.7% --
08/17/2012 08/17/12 Rented $875 -5.4% --
07/18/2012 07/18/12 Under Contract -- -- --
07/03/2012 07/03/12 For Rent $925 -- --
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $103,626 None Available
Bargain Sale Deed $75,000 Fidelity National Title Las
Trustee Deed $56,000 None Available
Bargain Sale Deed $227,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $182,320 Purchase Money Mortgage
Previous Owner $22,790 Credit Line Revolving
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2693051

Las Vegas REALTORS®

APN: 163-26-110-562

Nevada Clark County Las Vegas 89118

5042 S Rainbow Blvd Unit 206, Las Vegas, NV

This home is located at 5042 S Rainbow Blvd Unit 206, Las Vegas, NV 89118 and is currently priced at $259,000, approximately $222 per square foot. This property was built in 1987. 5042 S Rainbow Blvd Unit 206 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.

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Listing Agent
Diana Albiston
Section Image
Shelter Realty, Inc
(702) 766-9460