NOT LISTED FOR SALE

5058 S Rainbow Blvd Unit 103 Las Vegas, NV 89118

Estimated Value: $174,000 - $222,000

2 Beds
1 Bath
949 Sq Ft
$210/mo HOA Fee

Last Sold March 09, 2021

Last sale price $128,000 $135 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,369/month

85 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of March 2021

Location, Location, Location. Incredible investment property. Tenant in place. Great 2 bedroom unit with open floor plan. Breakfast bar and separate dining area. 2 patios: 1 patio off living room and 1 patio with access from both bedrooms! SW location just minutes from the 215 and the strip. Community boasts mature landscaping, multiple pools and close proximity to shopping and restaurants. Community also has tennis courts and fitness center.

Last Agent to Sell the Property

Rayne Alexander

Century 21 1st Priority Realty License #S.0060777 Listed on: 11/13/2020

Last Buyer's Agent

Scott Shin

Century 21 1st Priority Realty License #S.0064562

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $554

Year Built

  • Built in 1987

Lot Details

  • North Facing Home
  • Landscaped
  • Property is in average condition

HOA Fees

  • $210 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities
  • Vizcaya Association, Phone Number (702) 489-2892
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$554

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 head South on Rainbow & make left into Viscaya development. Turn right to first gate then left and follow down to the building on your left.
  • 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

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Disposal, Gas Range, Microwave
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 949.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: North
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Average Condition, Resale
  • Roof: Tile

Garage/Parking

  • Parking Features: Assigned, Covered, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Laundry Room
  • Cooling: Central Air, 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, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya
  • Phone: 702-489-2892
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities

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: Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 850.0

Tax Info

  • Tax Annual Amount: 554.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Mar 4, 2021
Sold by
Malek Marcel M
Bought by
Cox Todd and Cox Victoria
Seller's Agent
Rayne Alexander
Century 21 1st Priority Realty
Buyer's Agent
Scott Shin
Century 21 1st Priority Realty
List Price
$142,800
Sold Price
$128,000
Premium/Discount to List
-$14,800
-10.36%
Current Estimated Value
$205,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,742
Avg. Annual Appreciation
10.92%
Original Mortgage
$93,000
Outstanding Balance
$83,368
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$122,374

Purchase Details

Closed on
Jun 2, 2014
Sold by
Community Bank Of Pleasant Hill
Bought by
Malek Marcel M

Purchase Details

Closed on
Dec 4, 2013
Sold by
Malek Marc
Bought by
Community Bank Of Pleasant Hill and First Trust Of Midamerica

Purchase Details

Closed on
May 16, 2009
Sold by
Malek Marcel
Bought by
Defined Bendfit Pension Plan

Purchase Details

Closed on
Jan 30, 2006
Sold by
Trails Property Llc
Bought by
Malek Marcel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,260
Interest Rate
7.62%
Mortgage Type
Unknown
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
Cox Todd $128,000 Old Republic Title Co Of Nv
Malek Marcel M $58,349 None Available
Community Bank Of Pleasant Hill -- None Available
Defined Bendfit Pension Plan $95,000 None Available
Malek Marcel $161,400 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Todd $93,000
Previous Owner Malek Marcel $145,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2021 03/09/21 Sold $128,000 -10.4% $135 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $142,800 -- $150 / 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 $811 $36,712 $17,500 $19,212
2024 $752 $36,712 $17,500 $19,212
2023 $496 $40,838 $22,750 $18,088
2022 $691 $30,700 $14,000 $16,700
2021 $640 $30,335 $14,000 $16,335
2020 $591 $30,012 $13,650 $16,362
2019 $554 $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

  • Rayne Alexander

    Seller's Agent in 2021

    Rayne Alexander

    Century 21 1st Priority Realty

    (702) 809-8701

    28 Total Sales

    Rayne Alexander
    Section Image
  • Scott Shin

    Buyer's Agent in 2021

    Scott Shin

    Century 21 1st Priority Realty

    (702) 277-2306

    79 Total Sales

    Scott Shin
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2247564

Las Vegas REALTORS®

APN: 163-26-110-635

Nevada Clark County Las Vegas 89118

5058 S Rainbow Blvd Unit 103, Las Vegas, NV

This home is located at 5058 S Rainbow Blvd Unit 103, Las Vegas, NV 89118 since 13 November 2020 and is currently estimated at $205,742, approximately $216 per square foot. This property was built in 1987. 5058 S Rainbow Blvd Unit 103 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.

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