NOT LISTED FOR SALE

5062 S Rainbow Blvd Unit 102 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $225,000 - $252,000

2 Beds
2 Baths
1,091 Sq Ft
$220/mo HOA Fee

Last Sold June 04, 2021

Last sale price $173,000 $159 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,650/month

10 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Great Room
  • Tennis Courts

About This Home

As of June 2021

NICE 2 BEDROOM 2 FULL BATHS DOWNSTAIRS CONDO located in West side of Las Vegas. HOA complex is gated communities with mature landscaping, six Community pool, tennis. This gated community close to Las Vegas strip, convenient to shopping, restaurants, hospital, sport Stadium and Tmobile Arena. Perfect for investor to buy and Tenant in place.

Last Agent to Sell the Property

Admin Assistant

POA Commercial License #B.0046162 Listed on: 04/24/2021

Last Buyer's Agent

Dominic DelGrosso

Ascension Realty License #B.1001974

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $671

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Great Room
  • Carpet

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Schools

  • Iverson Mervin Elementary School
  • Saville Anthony Middle School
  • Durango High School

Utilities

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

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Balcony

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, recreation facilities, security, taxes, water
  • Vizcaya At The Trail Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$671

Year Built

Built in 1987

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Trails Amd
  • Directions: FROM TROPICANA AND RAINBOW-SOUTH ON RAINBOW left turn INTO VIZCAYA, ENTRANCE ON THE LEFT SIDE OF THE GATE, GO TO BUILDING 22, RIGHT TO 5062.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Living Area: 1091.0
  • Window Features: Blinds, Low Emissivity Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Laundry Room
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Underground Utilities, Septic Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association Name: Vizcaya at the Trail
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Recreation Facilities, Security, Taxes, Water

Schools

  • Elementary School: Iverson Mervin,Iverson Mervin
  • High School: Durango
  • Middle Or Junior School: Saville Anthony

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 1091.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 950.0

Tax Info

  • Tax Annual Amount: 671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
May 29, 2021
Sold by
L & L Capital Llc
Bought by
Fan Allan and Fan Ian
Seller's Agent
Admin Assistant
POA Commercial
Buyer's Agent
Dominic DelGrosso
Ascension Realty
List Price
$175,000
Sold Price
$173,000
Premium/Discount to List
-$2,000
-1.14%
Total Days on Market
10
Current Estimated Value
$241,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,058
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Mar 29, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
L & L Capital Llc

Purchase Details

Closed on
Nov 30, 2010
Sold by
Graham Dennis E and Graham Marliese M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 21, 2007
Sold by
Graham Dennis E and Graham Marliese M
Bought by
Denmar Arizona Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2007
Sold by
Trails Property Llc
Bought by
Graham Dennis E and Graham Marliese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.61%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Fan Allan $168,000 Stewart Title Company
L & L Capital Llc $55,500 Capital Title Company Of Ne
Federal Home Loan Mortgage Corporation $48,750 First American National Def
Denmar Arizona Llc $158,000 None Available
Graham Dennis E $157,800 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Dennis E $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $173,000 -1.1% $159 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $175,000 0.0% $160 / Sq Ft
08/24/2017 08/24/17 For Rent $1,150 +21.1% --
08/24/2017 08/24/17 Rented $950 -- --
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 $920 $41,337 $20,125 $21,212
2024 $890 $41,337 $20,125 $21,212
2023 $890 $46,090 $26,163 $19,927
2022 $783 $34,500 $16,100 $18,400
2021 $725 $34,118 $16,100 $18,018
2020 $671 $33,755 $15,698 $18,057
2019 $629 $33,368 $15,295 $18,073
2018 $600 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $563 $24,941 $6,300 $18,641
2015 $560 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Admin Assistant

    POA Commercial

    (702) 221-0055

    15 in this area

    24 Total Sales

    Admin Assistant
    Section Image

  • D

    Buyer's Agent in 2021

    Dominic DelGrosso

    Ascension Realty

    (702) 371-0686

    8 in this area

    26 Total Sales

    Dominic DelGrosso
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2288675

Las Vegas REALTORS®

APN: 163-26-110-692

Nevada Clark County Las Vegas 89118 Spring Valley

5062 S Rainbow Blvd Unit 102, Las Vegas, NV

This home is located at 5062 S Rainbow Blvd Unit 102, Las Vegas, NV 89118 since 24 April 2021 and is currently estimated at $241,058, approximately $220 per square foot. This property was built in 1987. 5062 S Rainbow Blvd Unit 102 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

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Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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