NOT LISTED FOR SALE

5055 N Rainbow Blvd Las Vegas, NV 89130

Estimated Value: $491,989

0.84 Acre
$585,701 Price per Acre
36,590 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $475,000

Est. 4% increase in value since last sale

Current estimated payment $3,274/month

312 Days on Market

About This Lot

As of April 2024

0.84 acres of a ready to build pad with Drive-through  located at the corner of Rainbow Blvd. and N Rancho Drive. This site boasts easy access to 95 north and located directly across from a large new Apartment complex  development. Approved plan for 15K +/- sqf 2 story building office/retailDrive-through available. Terrible Herbst Convenience Store & Chevron Gas Station, Restaurants, medical office, church and school on site. Option to built two stories building Excellent visibility along Rainbow Blvd. and Rancho Drive ramp merging with US-95 Highway Less than half a mile away from Santa Fe Station Hotel & Casino, which is directly across Rancho Drive Approved plan for 15K +/- sqf 2 story building office/retail can be provide with the sale

Last Agent to Sell the Property

Mazal Bouganim

Realty ONE Group, Inc Brokerage Email: Mazal777re@gmail.com License #S.0188529 Listed on: 05/31/2023

Realty ONE Group, Inc

Last Buyer's Agent

Mazal Bouganim

Realty ONE Group, Inc Brokerage Email: Mazal777re@gmail.com License #S.0188529 Listed on: 05/31/2023

Realty ONE Group, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,287

Lot Details

  • 0.84 Acre Lot

HOA Fees

  • $298 Monthly HOA Fees

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer

Community Details

  • Rancho Santa Fe Association, Phone Number (702) 279-9839
  • Rancho Santa Fe Center Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,287

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.84
  • Subdivision Name: Rancho Santa Fe Center
  • Directions: From Craig Rd & N. Rancho Dr go to north towards the santa fe station casino, turn right on the N.rainbow . thevacant lot is right next to the gas station
  • ResoPropertyType: Land
  • Attribution Contact: Mazal777re@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Principal is Real Estate Licensed

Utilities

  • Sewer: Not Connected (nearby)
  • Utilities: Electricity Available
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association #2 Fee: 895.0
  • Association #2 Fee Frequency: Quarterly
  • Association Name: RANCHO SANTA FE
  • Phone: 702-279-9839
  • Association: Yes

Schools

Lot Info

  • Lot Size Sq Ft: 36590.0
  • Additional Parcels Description: ---
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3287.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Apr 8, 2024
Sold by
Yes Artic St Llc and Rain Dance Llc
Bought by
Truth Christian Ministries International Inc
Seller's Agent
Mazal Bouganim
Realty ONE Group, Inc
Buyer's Agent
Mazal Bouganim
Realty ONE Group, Inc
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%
Views
72
Current Estimated Value
$491,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,989
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Jul 2, 2021
Sold by
Sarapuchiello John J and The John J Sarapuchiello Trust
Bought by
Yes Artic St Llc and Rain Dance Llc

Purchase Details

Closed on
Apr 16, 2021
Sold by
Nevada New Builds Llc
Bought by
John J Sarapuchiello Trust and Sarapuchiello

Purchase Details

Closed on
Oct 1, 2016
Sold by
Overby Lyle A and Overby Jaon C
Bought by
Nevada New Builds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2009
Sold by
Wosoughkia Fariborz
Bought by
Overby Lyle A and Overby Joan C

Purchase Details

Closed on
Feb 21, 2007
Sold by
Wosoughkia Natasha
Bought by
Wosoughkia Fariborz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2007
Sold by
Ascendant Universal Fund 1 Llc
Bought by
Wosoughkia Fariborz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2006
Sold by
Onecap Properties
Bought by
Ascendant Universal Fund 1 Llc

Purchase Details

Closed on
Aug 31, 2004
Sold by
Visanondh Duangporn and Visanondh Narong
Bought by
Onecap Properties

Purchase Details

Closed on
Aug 23, 2004
Sold by
Greenrock Inc
Bought by
Visanondh Duangporn and Visanondh Narong

Purchase Details

Closed on
Oct 29, 2003
Sold by
Greenrock Inc
Bought by
Capital City Enterprises
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
Truth Christian Ministries International Inc $475,000 Ticor Title
Yes Artic St Llc $360,000 Element Title Llc
John J Sarapuchiello Trust $218,888 Fidelity National Title
Nevada New Builds Llc $400,000 First American Title
Overby Lyle A $600,000 Nevada Title Las Vegas
Wosoughkia Fariborz -- Nevada Title Company
Wosoughkia Fariborz $1,275,000 Nevada Title Company
Ascendant Universal Fund 1 Llc $1,450,000 Southwest Title
Onecap Properties $1,427,219 --
Visanondh Duangporn $1,536,084 Southwest Title
Capital City Enterprises -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nevada New Builds Llc $250,000
Previous Owner Wosoughkia Fariborz $1,260,000
Previous Owner Ascendant Universal Fund I Llc $1,200,000
Previous Owner Greenrock Inc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $475,000 -3.1% --
05/31/2023 05/31/23 For Sale $490,000 +157.9% --
04/02/2018 04/02/18 Sold $190,000 -4.5% --
03/03/2018 03/03/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $199,000 -- --
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 $3,794 $167,347 $153,678 $13,669
2024 $3,514 $167,347 $153,678 $13,669
2023 $3,514 $140,897 $128,065 $12,832
2022 $3,254 $133,347 $121,662 $11,685
2021 $3,013 $126,421 $115,259 $11,162
2020 $2,795 $126,313 $115,259 $11,054
2019 $2,619 $119,747 $108,855 $10,892
2018 $2,159 $102,452 $102,452 $0
2017 $2,939 $89,646 $89,646 $0
2016 $2,021 $61,471 $61,471 $0
2015 $2,016 $61,471 $61,471 $0
2014 $2,016 $84,523 $84,523 $0
Source: Public Records

Agents Affiliated with this Home

  • Mazal Bouganim

    Seller's Agent in 2024

    Mazal Bouganim

    Realty ONE Group, Inc

    (702) 601-4434

    29 Total Sales

    Mazal Bouganim
    Section Image

  • R

    Seller's Agent in 2018

    Ron Aldinger

    Wynn Realty Group

    (702) 769-7417

    11 Total Sales

    Ron Aldinger
    Section Image

  • G

    Buyer's Agent in 2018

    Gina Chen

    Evolve Realty

    (702) 526-9958

    72 Total Sales

    Gina Chen
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2499722

Las Vegas REALTORS®

APN: 125-34-712-013

Nevada Clark County Las Vegas 89108

5055 N Rainbow Blvd, Las Vegas, NV

This home is located at 5055 N Rainbow Blvd, Las Vegas, NV 89130 since 31 May 2023 and is currently estimated at $491,989. 5055 N Rainbow Blvd is a home located in Clark County with nearby schools including Ruthe Deskin Elementary School, Justice Myron E Leavitt Middle School, and Centennial High School.

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