$170,000
SOLD MAY 3, 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

$187 Per Sq Ft

6% Below List Price

106 Days on Market

Highlights

  • Clubhouse
  • Desert Landscape
  • South Facing Home
  • Community Pool
  • Central Heating and Cooling System
  • Carpet

About This Home

As of July 2024

Lots of potential in this cute 1 bedroom condo. Large open living room with a fire place and vaulted ceilings. Property feels larger than sf. Located near the park and tennis courts. Fantastic location close to many conveniences and less than 2 miles from freeway access. Guard gated with mature landscaping.

Last Agent to Sell the Property

Tina Africk

iProperties International Brokerage Phone: 702-216-4888 License #B.0017417 Listed on: 01/17/2024

Last Buyer's Agent

Craig Tribus

My Realty LLC License #B.1002753

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 907 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking
  • Assigned Parking

Schools

  • Earl 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 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

  • 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
  • Ownership: Condominium
  • Subdivision Name: Trails Amd
  • Directions: From 1/215 exit Rainbow North, proceed about 2 miles to community on east side of street, right into Vizcaya, 5060 is behind the tennis courts.
  • 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
  • Attribution Contact: 702-216-4888
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Window Treatments
  • Living Area: 907.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Assigned, Covered, Open

Utilities

  • Laundry Features: Gas Dryer Hookup, Main Level
  • 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, Pool, Spa/Hot Tub
  • 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, Ira J.,Earl, Ira J.
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 1127.0
  • Additional Parcels Description: ---
  • Zoning Description: Single 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
Views
18
Current Estimated Value
$218,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,414
Avg. Annual Appreciation
-2.77%
Original Mortgage
$215,000
Outstanding Balance
$213,558
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$5,028

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: 2553347

Las Vegas REALTORS®

APN: 163-26-110-694