NOT LISTED FOR SALE

5074 S Rainbow Blvd Unit 201 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $263,604 - $286,000

3 Beds
2 Baths
1,163 Sq Ft
$200/mo HOA Fee

Last Sold July 30, 2020

Last sale price $185,000 $159 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,762/month

26 Days on Market

Highlights

  • Arena
  • Gated Community
  • Laundry closet
  • In Ground Spa
  • Balcony
  • 1 Detached Carport Space

About This Home

As of July 2020

Completely remodeled, turn-key property in the heart of town. Updated fixtures, countertops, and flooring with modern color palette. Quality finishes and attention to detail are evident! Community amenities include pool and spa and tennis courts. Perfect for entertaining out of town guests with quick access to freeways and entertainment.

Last Agent to Sell the Property

Rachel Hagberg

Real Broker LLC License #S.0177814 Listed on: 06/03/2020

Last Buyer's Agent

Nancy Lessnick

Simply Vegas License #BS.0047840

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $672

Year Built

  • Built in 1987

Lot Details

  • West Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Drip System Landscaping
  • Property is in excellent condition

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,163 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Pool

  • In Ground Spa
  • Fence Around Pool

Schools

  • Heard Lomie Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Balcony
  • Arena

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, sewer, trash, water
  • Zizcaya Association, Phone Number (702) 795-3344
  • Trails Amd Subdivision

Security

  • Gated Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$672

Year Built

Built in 1987

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Trails Amd
  • Directions: From the 215 EXIT on Rainbow, Head North on Rainbow, past Hacienda, turn right into Vizcaya andgo right
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dishwasher, Electric Water Heater, Disposal, Microwave
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1163.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Drip Irrigation/Bubblers, < 1/4 Acre
  • Pool Features: Fenced
  • Pool Private: No
  • Direction Faces: West
  • Exterior Features: Balcony, Tennis Court(s), Sprinkler/Irrigation
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Zizcaya
  • Phone: 702-795-3344
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Heard Lomie,Heard Lomie
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Horse Amenities: Arena
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 672.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 27, 2020
Sold by
Nv Home Solutions Llc
Bought by
Humer Sarah Schrager and Humer Robert Peter
Seller's Agent
Rachel Hagberg
Real Broker LLC
Buyer's Agent
Nancy Lessnick
Simply Vegas
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Current Estimated Value
$274,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,151
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Oct 12, 2018
Sold by
French Preston Essie
Bought by
Nv Home Solutions Llc

Purchase Details

Closed on
Mar 30, 2006
Sold by
French Preston Essie
Bought by
Distinguished Diversified Investors Inc

Purchase Details

Closed on
Dec 6, 2005
Sold by
Trails Property Llc
Bought by
French Preston Essie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,815
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 5, 2005
Sold by
Preston Louis A
Bought by
French Preston Essie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,815
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
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
Humer Sarah Schrager $185,000 Old Republic Title Co Of Nv
Nv Home Solutions Llc $147,100 Old Republic Title
Distinguished Diversified Investors Inc $233,900 None Available
French Preston Essie $233,900 Stewart Title
French Preston Essie -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French Preston Essie $198,815
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $185,000 -2.1% $159 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $189,000 -- $163 / 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 $816 $44,918 $21,875 $23,043
2024 $793 $44,918 $21,875 $23,043
2023 $831 $50,076 $28,438 $21,638
2022 $801 $37,504 $17,500 $20,004
2021 $742 $37,079 $17,500 $19,579
2020 $717 $36,678 $17,063 $19,615
2019 $672 $36,269 $16,625 $19,644
2018 $641 $27,608 $8,313 $19,295
2017 $801 $27,297 $7,438 $19,859
2016 $602 $26,802 $6,563 $20,239
2015 $599 $25,609 $6,125 $19,484
2014 $581 $19,205 $5,250 $13,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2201962

Las Vegas REALTORS®

APN: 163-26-110-827