$278,792 - $290,000
RENTED DEC 30, 2024

5250 S Rainbow Blvd Unit 1049 Las Vegas, NV 89118

Spring Valley Neighborhood
2 Beds
2 Baths
1,034 Sq Ft
$276 Price per Sq Ft

Last Sold August 06, 2024

Last sale price $280,000 $271 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,629/month

About This Home

As of August 2024

Rare find GUARD GATED condo - SPANISH PALMS WITH 2 BEDROOM / 2 FULL BATH AND LARGE 2 CAR ATTACHED GARAGE entrance to house. Downstairs UNIT OPEN FLOOR LAYOUT. STAINLESS STEEL APPLIANCES, WOOD PLANKED FLOORING THROUGHOUT, TILE BATHROOMS, QUARTZ KITCHEN COUNTER TOPS, WASHER & DRYER IN THE GARAGE. COZY FIREPLACE IN LIVING ROOM. CLOSED HIGHWAY 215, AIRPORT VEGAS STRIPS and everything.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 29, 2024
Sold by
Koon Lim Cheng Trust and Cheng Koon Lim
Bought by
Ark Realty Llc
Seller's Agent
Zion Cin
One Stop Realty
Buyer's Agent
Sau Lan Woo
A-Me Realty & Property Mgmt
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Views
14
Current Estimated Value
$284,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,948
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Apr 12, 2016
Sold by
Cheng Koon Kim
Bought by
Cheng Koon Lim and The Koon Lim Cheng Trust

Purchase Details

Closed on
Jan 20, 2011
Sold by
Lee Su
Bought by
Lee Su and Lee Trust

Purchase Details

Closed on
Mar 10, 2010
Sold by
Hardy Lang
Bought by
Cheng Koon L

Purchase Details

Closed on
May 19, 2006
Sold by
The Reserve Development Llc
Bought by
Hardy Lang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,320
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Ark Realty Llc $280,000 Lawyers Title
Cheng Koon Lim -- None Available
Lee Su -- None Available
Cheng Koon L $80,000 First American Title Paseo
Hardy Lang $245,400 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Lang $196,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Rented $1,500 0.0% --
12/20/2024 12/20/24 Under Contract -- -- --
11/28/2024 11/28/24 Price Changed $1,500 -9.1% $1 / Sq Ft
09/16/2024 09/16/24 For Rent $1,650 0.0% --
08/06/2024 08/06/24 Sold $280,000 -3.1% $271 / Sq Ft
06/28/2024 06/28/24 For Sale $289,000 0.0% $279 / Sq Ft
05/13/2022 05/13/22 For Rent $1,575 0.0% --
05/13/2022 05/13/22 Rented $1,575 -- --

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 $1,409 $54,621 $23,800 $30,821
2024 $1,305 $54,621 $23,800 $30,821
2023 $1,305 $55,499 $26,950 $28,549
2022 $1,209 $48,456 $22,050 $26,406
2021 $1,119 $46,281 $20,650 $25,631
2020 $1,036 $46,159 $20,650 $25,509
2019 $971 $45,293 $19,950 $25,343
2018 $927 $37,682 $12,950 $24,732
2017 $1,093 $37,274 $11,900 $25,374
2016 $869 $32,934 $7,350 $25,584
2015 $866 $32,149 $6,650 $25,499
2014 $839 $28,952 $7,000 $21,952
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2024

    Zion Cin

    One Stop Realty

    (702) 292-9222

    12 in this area

    51 Total Sales

    Zion Cin
    Section Image

  • Y

    Seller's Agent in 2024

    Yan Kun Zhang

    A-Me Realty & Property Mgmt

    (702) 606-8299

    4 in this area

    7 Total Sales

    Yan Kun Zhang
    Section Image

  • S

    Buyer's Agent in 2024

    Sau Lan Woo

    A-Me Realty & Property Mgmt

    (702) 835-9256

    15 in this area

    34 Total Sales

    Sau Lan Woo
    Section Image

  • D

    Seller's Agent in 2022

    Doris Cin

    One Stop Realty

    3 in this area

    5 Total Sales

    Doris Cin
    Section Image

  • L

    Buyer's Agent in 2022

    Lynne Hoffman

    Simply Vegas

    12 Total Sales

    Lynne Hoffman
    Section Image
See All Agents

Map

Nevada Clark County Las Vegas 89118 Spring Valley

5250 S Rainbow Blvd Unit 1049, Las Vegas, NV

This home is located at 5250 S Rainbow Blvd Unit 1049, Las Vegas, NV 89118 and is currently estimated at $284,948, approximately $275 per square foot. 5250 S Rainbow Blvd Unit 1049 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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