NOT LISTED FOR SALE

5062 S Rainbow Blvd Unit 201 Las Vegas, NV 89118

Estimated Value: $229,000 - $261,000

2 Beds
2 Baths
1,091 Sq Ft
6,403 Sq Ft Lot

Last Sold July 18, 2013

Last sale price $80,000 $73 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $1,369/month

Highlights

  • Laundry closet
  • Central Heating and Cooling System
  • North Facing Home
  • Tile Flooring
  • Washer and Dryer
  • Property is in excellent condition

About This Home

As of October 2023

Attractive 2nd floor unit with wood floors and NO CARPETS. New house paint. All appliances included. Many amenities in this development.

Last Agent to Rent the Property

Steve Marlis

Total Real Estate of Nevada Brokerage Phone: 702-685-8686 License #B.0022694 Listed on: 10/05/2023

Last Renter's Agent

Henok Anbesa

Neighborhood Assistance Corpor License #S.0186718

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $871

Year Built

  • Built in 1987

Lot Details

  • North Facing Home
  • Property is in excellent condition

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,091 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

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 $1,700
  • Property Available on 10/5/23
  • Tenant pays for cable TV, electricity, gas, grounds care, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Vizcaya At The Trail Association, Phone Number (702) 795-3434
  • Trails Amd Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$871

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Sewer, Trash Collection, Water
  • Available Date: 2023-10-05
  • Security Deposit: 1700.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Subdivision Name: TRAILS AMD
  • Directions: West on Tropicana, South on Rainbow and turn left into the Vizaya community
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1987
  • ResoPropertyType: ResidentialLease
  • Attribution Contact: 702-685-8686
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer/DryerAllInOne, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: None
  • Living Area: 1091.0

Exterior Features

  • Fencing: None
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Excellent
  • Roof: Tile

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: Vizcaya at the Trail
  • Association Phone #2: 702-795-3434
  • 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
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Lee Glen
Bought by
Lee Glen
Current Estimated Value
$244,230

Purchase Details

Closed on
Aug 12, 2014
Sold by
Lee Glen Kar Lim
Bought by
Lee Glen Kar Lim and Wu Tsui Chi

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 16, 2013
Sold by
Chen Jun Liang
Bought by
Lee Glen Kar Lim
Seller's Agent
Wing Ho Kong
All Vegas Properties
Buyer's Agent
Nancy Li
Keller Williams MarketPlace
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chen Junliang

Purchase Details

Closed on
Jun 22, 2010
Sold by
Ngoy Chet and Ngoy Susan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 17, 2005
Sold by
Trails Property Llc
Bought by
Ngoy Chet and Ngoy Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,925
Interest Rate
6.5%
Mortgage Type
Unknown
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
Lee Glen -- --
Lee Glen Kar Lim $80,000 None Available
Lee Glen Kar Lim $80,000 Nevada Title Las Vegas
Lee Glen Kar Lim -- Nevada Title Las Vegas
Chen Junliang $70,500 First American Title Paseo
Federal Home Loan Mortgage Corporation $55,410 Accommodation
Ngoy Chet $227,900 Stewart Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ngoy Chet $170,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Rented $1,495 0.0% --
10/16/2023 10/16/23 Under Contract -- -- --
10/05/2023 10/05/23 For Rent $1,495 +42.4% --
08/10/2020 08/10/20 For Rent $1,050 0.0% --
08/10/2020 08/10/20 Rented $1,050 +5.0% --
06/15/2018 06/15/18 For Rent $1,000 +5.3% --
06/15/2018 06/15/18 Rented $950 0.0% --
07/18/2013 07/18/13 Sold $80,000 0.0% $73 / Sq Ft View Prior Sale
06/18/2013 06/18/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $80,000 -- $73 / 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 $871 $41,337 $20,125 $21,212
2024 $733 $41,337 $20,125 $21,212
2023 $733 $46,090 $26,163 $19,927
2022 $669 $34,500 $16,100 $18,400
2021 $650 $34,118 $16,100 $18,018
2020 $628 $33,755 $15,698 $18,057
2019 $610 $33,368 $15,295 $18,073
2018 $592 $25,733 $7,980 $17,753
2017 $746 $25,437 $7,140 $18,297
2016 $562 $24,941 $6,300 $18,641
2015 $559 $23,840 $5,880 $17,960
2014 $543 $17,963 $5,040 $12,923
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Steve Marlis

    Total Real Estate of Nevada

    (702) 706-6376

    2 Total Sales

    Steve Marlis
    Section Image

  • H

    Tenant's Agent in 2023

    Henok Anbesa

    Neighborhood Assistance Corpor

    (702) 362-6199

    56 Total Sales

    Henok Anbesa
    Section Image

  • M

    Buyer's Agent in 2020

    Malcolm Gaines

    BHHS Nevada Properties

  • A

    Buyer's Agent in 2018

    Ann Chiong

    Ohana Realty Group

    (702) 340-1759

    45 Total Sales

    Ann Chiong
    Section Image

  • W

    Seller's Agent in 2013

    Wing Ho Kong

    All Vegas Properties

    40 Total Sales

    Wing Ho Kong
    Section Image
  • Nancy Li

    Buyer's Agent in 2013

    Nancy Li

    Keller Williams MarketPlace

    (702) 353-0529

    551 Total Sales

    Nancy Li
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2532687

Las Vegas REALTORS®

APN: 163-26-110-688

Nevada Clark County Las Vegas 89118

5062 S Rainbow Blvd Unit 201, Las Vegas, NV

This home is located at 5062 S Rainbow Blvd Unit 201, Las Vegas, NV 89118 since 05 October 2023 and is currently priced at $244,230. This property was built in 1987. 5062 S Rainbow Blvd Unit 201 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.

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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