NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 1033 Las Vegas, NV 89118

Estimated Value: $215,000 - $224,000

1 Bed
1 Bath
744 Sq Ft
$253/mo HOA Fee

Last Sold June 23, 2016

Last sale price $133,900 $180 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,472/month

24 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Clubhouse
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of June 2016

Attached Garage with this, downstairs/one bedroom/one bathroom unit in the Spanish Palms complex. Granite countertops, stainless appliances, a fireplace and attached garage make this a comfortable condo in a convenient location. Only minutes to the 15, 215, Strip, shopping and Casinos. Complex has a waterfall pool area/spa/workout room. New laminate flooring in living area, new paint, move in ready

Last Agent to Sell the Property

Tim Hanley

TR Realty License #S.0178174 Listed on: 04/29/2016

Last Buyer's Agent

Michelle Kim

Barrett & Co, Inc License #S.0177391

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $665

Year Built

  • Built in 1997

Lot Details

  • East Facing Home
  • Property is Fully Fenced
  • Desert Landscape
  • Property is in excellent condition

HOA Fees

  • $253 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, sewer, security, trash
  • Rmi Association, Phone Number (702) 737-4036
  • Spanish Palms Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$665

Year Built

Built in 1997

Lot Details

0

HOA Fees

$253 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: SPANISH PALMS CONDO
  • Directions: From tropicana and rainbow blvd go south on rainbow to complex on east side and enter thru guard gate
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 744.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Full
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Excellent, Resale
  • Roof: Other

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage, Garage Door Opener, Indoor, Inside Entrance

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage
  • Cooling: Central Air, Gas
  • 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

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Gated, Pool, Guard, Spa/Hot Tub
  • Association Fee: 253.0
  • Association Fee Frequency: Monthly
  • Association Name: RMI
  • Phone: 702-737-4036
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Security, Trash

Schools

  • Elementary School: Earl Ira*,Earl Ira*
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 22, 2016
Sold by
Pearl Fund Llc
Bought by
Harris Robert William
Seller's Agent
Tim Hanley
TR Realty
Buyer's Agent
Michelle Kim
Barrett & Co, Inc
List Price
$132,900
Sold Price
$133,900
Premium/Discount to List
$1,000
0.75%
Current Estimated Value
$217,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,360
Avg. Annual Appreciation
5.32%
Original Mortgage
$131,474
Outstanding Balance
$104,673
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$112,587

Purchase Details

Closed on
May 28, 2009
Sold by
Hsbc Bank Usa
Bought by
Pearl Fund I Llc

Purchase Details

Closed on
Mar 5, 2009
Sold by
Wakefield Robert
Bought by
Hsbc Bank Usa and Luminent 2007-1

Purchase Details

Closed on
May 19, 2006
Sold by
The Reserve Development Llc
Bought by
Wakefield Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,300
Interest Rate
6.12%
Source: Public Records

Range of Values:

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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
Harris Robert William $133,900 National Title Co
Pearl Fund I Llc $57,900 Chicago Title The Pointe
Hsbc Bank Usa $153,486 Fidelity National Default So
Wakefield Robert $180,400 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Robert William $131,474
Previous Owner Wakefield Robert $144,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $133,900 +0.8% $180 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $132,900 -- $179 / 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 $853 $42,593 $19,040 $23,553
2024 $829 $42,593 $19,040 $23,553
2023 $668 $43,387 $21,560 $21,827
2022 $805 $36,763 $16,538 $20,225
2021 $781 $35,085 $15,488 $19,597
2020 $756 $35,086 $15,488 $19,598
2019 $746 $34,459 $14,963 $19,496
2018 $712 $28,757 $9,713 $19,044
2017 $834 $28,426 $8,925 $19,501
2016 $668 $25,195 $5,513 $19,682
2015 $665 $23,669 $4,988 $18,681
2014 $645 $21,928 $5,250 $16,678
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tim Hanley

    TR Realty

  • M

    Buyer's Agent in 2016

    Michelle Kim

    Barrett & Co, Inc

    (702) 244-0033

    21 Total Sales

    Michelle Kim
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Map

Source: Las Vegas REALTORS®

MLS Number: 1627790

Las Vegas REALTORS®

APN: 163-26-214-065

Nevada Clark County Las Vegas 89118

5250 S Rainbow Blvd Unit 1033, Las Vegas, NV

This home is located at 5250 S Rainbow Blvd Unit 1033, Las Vegas, NV 89118 since 29 April 2016 and is currently estimated at $217,260, approximately $292 per square foot. This property was built in 1997. 5250 S Rainbow Blvd Unit 1033 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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