$196,000 - $210,000
RENTED AUG 2, 2024

5062 S Rainbow Blvd Unit 103 Las Vegas, NV 89118

Spring Valley Neighborhood
1 Bed
1 Bath
841 Sq Ft
$244 Price per Sq Ft

Last Sold June 12, 2023

Last sale price $190,000 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,143/month

About This Home

As of June 2023

Location, location and location! Prime southwest of the valley, very central location. Just 10 mins away to the Airport, the Strip and downtown Summerlin. Spring Valley hospital within few steps away. Property features open floor plan, living/dining/kitchen combo, 2 balconies, wood-looked like tile flooring throughout. No carpets. Great size bedroom, walk in closet, all appliances included. Tenant to pay power and gas ONLY. No pets, Non smokers please. Clean and move in ready!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 9, 2023
Sold by
Gutierrez Pedro E
Bought by
Sung Mei Fang and Sung May-Chu
Seller's Agent
Patrick Stafford
Desert Sand Property Mgmt
Buyer's Agent
Emily Yu
RE/MAX United
List Price
$198,000
Sold Price
$190,000
Premium/Discount to List
-$8,000
-4.04%
Views
33
Current Estimated Value
$205,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,204
Avg. Annual Appreciation
3.92%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Aug 11, 2017
Sold by
Gutierrez Pedro E
Bought by
Gutierrez Pedro E
Seller's Agent
David Santos
Desert Sand Property Mgmt
Buyer's Agent
Amy Sowers
Desert Sand Property Mgmt
Sold Price
$750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2012
Sold by
Gutierrez Pedro E
Bought by
Treasurer Of Clark County

Purchase Details

Closed on
Oct 25, 2005
Sold by
Trails Property Llc
Bought by
Gutierrez Pedro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,485
Interest Rate
6.37%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Sung Mei Fang $190,000 Lawyers Title
Gutierrez Pedro E -- Lawyers Title
Treasurer Of Clark County -- None Available
Gutierrez Pedro E $146,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Pedro E $96,000
Previous Owner Gutierrez Pedro E $55,000
Previous Owner Gutierrez Pedro E $95,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Rented $1,300 0.0% --
08/01/2024 08/01/24 Under Contract -- -- --
07/26/2024 07/26/24 For Rent $1,300 0.0% --
07/25/2024 07/25/24 Off Market $1,300 -- --
07/23/2024 07/23/24 Price Changed $1,300 -7.1% $2 / Sq Ft
07/18/2024 07/18/24 For Rent $1,400 0.0% --
06/12/2023 06/12/23 Sold $190,000 -4.0% $226 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $198,000 0.0% $235 / Sq Ft
09/11/2017 09/11/17 For Rent $750 0.0% --
09/11/2017 09/11/17 Rented $750 +20.0% --
12/08/2014 12/08/14 Rented $625 0.0% --
11/08/2014 11/08/14 Under Contract -- -- --
11/06/2014 11/06/14 For Rent $625 -- --

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 $34,018 $16,625 $17,393
2024 $630 $34,018 $16,625 $17,393
2023 $660 $38,020 $21,613 $16,407
2022 $605 $28,438 $13,300 $15,138
2021 $561 $28,097 $13,300 $14,797
2020 $518 $27,787 $12,968 $14,819
2019 $485 $26,150 $11,305 $14,845
2018 $463 $19,913 $5,320 $14,593
2017 $580 $19,772 $4,760 $15,012
2016 $435 $19,507 $4,200 $15,307
2015 $433 $17,938 $3,920 $14,018
2014 $419 $13,864 $3,360 $10,504
Source: Public Records

Agents Affiliated with this Home

  • Emily Yu

    Seller's Agent in 2024

    Emily Yu

    RE/MAX

    (702) 610-5608

    16 in this area

    59 Total Sales

    Emily Yu
    Section Image

  • R

    Buyer's Agent in 2024

    Richard Huynh

    John Griffith Realty

    (702) 400-0074

    1 Total Sale

    Richard Huynh
    Section Image

  • P

    Seller's Agent in 2023

    Patrick Stafford

    Desert Sand Property Mgmt

    5 in this area

    16 Total Sales

    Patrick Stafford
    Section Image

  • D

    Seller's Agent in 2017

    David Santos

    Desert Sand Property Mgmt

    (702) 483-5716

    David Santos
    Section Image

  • A

    Buyer's Agent in 2017

    Amy Sowers

    Desert Sand Property Mgmt

See All Agents

Map

Nevada Clark County Las Vegas 89118 Spring Valley

5062 S Rainbow Blvd Unit 103, Las Vegas, NV

This home is located at 5062 S Rainbow Blvd Unit 103, Las Vegas, NV 89118 and is currently estimated at $205,204, approximately $244 per square foot. 5062 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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