NOT LISTED FOR SALE

5056 S Rainbow Blvd Unit 103 Las Vegas, NV 89118

Estimated Value: $212,280 - $225,000

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

Last Sold August 17, 2018

Last sale price $125,000 $132 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,401/month

46 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Cooling Available
  • Clubhouse
  • Tennis Courts
  • Tile Flooring

About This Home

As of August 2018

Good condition condo with tenant occupied. Great opportunity for investors. Located in SW area guard gated community Vizcaya at the Trail

Last Agent to Sell the Property

Ken Weng

RE/MAX United License #B.0145279 Listed on: 06/01/2018

Last Buyer's Agent

Garth Clizbe

Custom Realty LLC License #S.0173368

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $496

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in average 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

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • 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

  • Vizcaya At The Trail Association, Phone Number (702) 795-3434
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$496

Year Built

Built in 1987

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: TRAILS AMD
  • Directions: From Tropicana & Rainbow head south on Rainbow, left on 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: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, None
  • Living Area: 949.0

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Laundry Features: Gas Dryer Hookup, Main 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

  • Senior Community: No
  • Amenities: Clubhouse, Gated, Tennis Court(s)
  • Association Fee: 179.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya at the Trail
  • Phone: 702-795-3434
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

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: 496.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2018
Sold by
San Iris
Bought by
Ardebilina Meisam
Current Estimated Value
$220,570

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 9, 2018
Sold by
Sdw Investments Llc
Bought by
Ardebiliha Meisam and San Iris
Seller's Agent
Ken Weng
RE/MAX United
Buyer's Agent
Garth Clizbe
Custom Realty LLC
List Price
$126,900
Sold Price
$125,000
Premium/Discount to List
-$1,900
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Singer Blair M and Singer Eileen T
Bought by
Sdw Investments Llc

Purchase Details

Closed on
Dec 5, 2005
Sold by
Trails Property Llc
Bought by
Singer Blair M and Singer Eileen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,120
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Ardebilina Meisam -- None Available
Ardebiliha Meisam $125,000 Ticor Title Las Vegas 8
Sdw Investments Llc -- None Available
Singer Blair M $156,400 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ardebiliha Meisam $100,000
Previous Owner Singer Blair M $125,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $125,000 -1.5% $132 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $126,900 0.0% $134 / Sq Ft
03/28/2014 03/28/14 Rented $700 0.0% --
02/26/2014 02/26/14 Under Contract -- -- --
02/06/2014 02/06/14 For Rent $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 $640 $36,712 $17,500 $19,212
2024 $622 $36,712 $17,500 $19,212
2023 $622 $40,838 $22,750 $18,088
2022 $598 $30,700 $14,000 $16,700
2021 $581 $30,335 $14,000 $16,335
2020 $561 $30,012 $13,650 $16,362
2019 $544 $29,687 $13,300 $16,387
2018 $529 $22,754 $6,650 $16,104
2017 $661 $22,523 $5,950 $16,573
2016 $496 $22,144 $5,250 $16,894
2015 $494 $20,422 $4,900 $15,522
2014 $478 $15,828 $4,200 $11,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1998863

Las Vegas REALTORS®

APN: 163-26-110-645