$225,000
SOLD JUL 23, 2024

5060 S Rainbow Blvd Unit 201 Las Vegas, NV 89118

Spring Valley Neighborhood
1 Bed
1 Bath
907 Sq Ft
$185/mo HOA Fee

Recently Sold

$248 Per Sq Ft

15 Days on Market

Highlights

  • Clubhouse
  • Tennis Courts
  • Laundry closet
  • Community Pool
  • Balcony
  • 1 Detached Carport Space

About This Home

As of July 2024

This beautifully remodeled one bedroom unit is peacefully located in the interior of the property overlooking the tennis courts and both pools. Updates to the property include but are not limited to: new paint, flooring, countertops and fireplace surround, new shower, vanity, lighting and hardware throughout. These unit also have two balconies.

Last Agent to Sell the Property

Craig Tribus

My Realty LLC Brokerage Phone: 702-763-1111 License #B.1002753 Listed on: 06/10/2024

Last Buyer's Agent

Emmett Morgan

Galindo Group Real Estate License #S.0183870

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Property is in good condition

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 907 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony

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, ground maintenance
  • Vizcaya HOA, Phone Number (702) 737-8580
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$638

Year Built

Built in 1987

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1453
  • Subdivision Name: Trails Amd
  • Directions: Tropicana and Rainbow, one complex west of Trop
  • 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
  • Attribution Contact: 702-763-1111
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Window Treatments
  • Living Area: 907.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
  • 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

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association #2 Fee: 185.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Vizcaya HOA
  • Phone: 702-737-8580
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds

Schools

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

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 6328.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 638.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Jul 22, 2024
Sold by
Lrs Trust and Sklar Laura Rose
Bought by
Vo Nha Thanh
Seller's Agent
Craig Tribus
My Realty LLC
Buyer's Agent
Emmett Morgan
Galindo Group Real Estate
List Price
$225,000
Sold Price
$225,000
Total Days on Market
15
Views
18
Current Estimated Value
$218,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,058
Avg. Annual Appreciation
-3.16%
Original Mortgage
$215,000
Outstanding Balance
$213,558
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$5,384

Purchase Details

Listed on
Jan 17, 2024
Closed on
May 2, 2024
Sold by
Wang Bruce Jer and Gibson Tameka
Bought by
Lrs Trust and Sklar
Seller's Agent
Tina Africk
iProperties International
Buyer's Agent
Craig Tribus
My Realty LLC
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
257.55%
Original Mortgage
$170,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2020
Sold by
Crawley Gary Paul
Bought by
Wang Bruce Jer

Purchase Details

Closed on
Dec 16, 2015
Sold by
Wang Bruce Jer
Bought by
Wang Bruce Jer and Crawley Gary Paul

Purchase Details

Closed on
Jan 22, 2010
Sold by
Fannie Mae
Bought by
Wang Bruce Jer

Purchase Details

Closed on
Oct 22, 2009
Sold by
Stone Arlene F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 3, 2006
Sold by
Trails Property Llc
Bought by
Stone Arlene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,910
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $225,000 Wfg National Title
Bargain Sale Deed $225,000 Wfg National Title
Bargain Sale Deed $170,000 Equity Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $47,100 Old Republic Title Company
Trustee Deed $93,187 Accommodation
Bargain Sale Deed $119,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Closed $215,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $37,473 Unknown
Previous Owner $10,000 Credit Line Revolving
Previous Owner $107,910 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $225,000 0.0% $248 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $225,000 +32.4% $248 / Sq Ft
05/03/2024 05/03/24 Sold $170,000 -5.6% $187 / Sq Ft
01/17/2024 01/17/24 For Sale $180,000 -- $198 / 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 $648 $36,114 $17,500 $18,614
2024 $638 $36,114 $17,500 $18,614
2023 $638 $40,289 $22,750 $17,539
2022 $577 $30,193 $14,000 $16,193
2021 $560 $29,832 $14,000 $15,832
2020 $541 $29,506 $13,650 $15,856
2019 $525 $29,184 $13,300 $15,884
2018 $510 $22,261 $6,650 $15,611
2017 $645 $22,008 $5,950 $16,058
2016 $484 $21,623 $5,250 $16,373
2015 $482 $19,929 $4,900 $15,029
2014 $467 $15,439 $4,200 $11,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2590630

Las Vegas REALTORS®

APN: 163-26-110-694