NOT LISTED FOR SALE

5062 S Rainbow Blvd Unit 103 Las Vegas, NV 89118

Estimated Value: $189,262 - $215,000

1 Bed
1 Bath
841 Sq Ft
1987 Built

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 $1,144/month

Highlights

  • Gated Community
  • Community Pool
  • Ceramic Tile Flooring
  • Main Floor Primary Bedroom
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of August 2024

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!

Last Agent to Rent the Property

Emily Yu

RE/MAX United Brokerage Phone: 702-749-7070 License #S.0050615 Listed on: 07/17/2024

RE/MAX United

Last Renter's Agent

Richard Huynh

John Griffith Realty License #S.0201707

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $648

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Property is in very good condition

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 841 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 7/17/24
  • Tenant pays for electricity, gas

Community Details

Overview

  • Property has a Home Owners Association
  • Trails Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$648

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Available Date: 2024-07-17
  • Security Deposit: 1500.0
  • Lease Term Options: 12 Months
  • Pets Allowed: No

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: Trails Amd
  • Directions: W. Tropicana and Rainbow Blvd* S on Rainbow* Vizcaya community on the left* Go thru the right gate to the building 5062
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1987
  • Attribution Contact: 702-749-7070
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs, Window Treatments
  • Living Area: 841.0
  • Window Features: Window Treatments

Exterior Features

  • Fencing: Block, Full
  • Lot Features: < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Very Good Condition
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Gated, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association: Trails
  • Association Phone #2: 702-795-3344
  • Association: Yes
  • Pets Allowed: No

Schools

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

Lot Info

  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family,Single Family

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
$205,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,566
Avg. Annual Appreciation
3.44%

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:

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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 $55,000
Previous Owner Gutierrez Pedro E $95,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 -- --
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 $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

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Map

Source: Las Vegas REALTORS®

MLS Number: 2600918

Las Vegas REALTORS®

APN: 163-26-110-691