$229,900

5250 S Rainbow Blvd Unit 1075 Las Vegas, NV 89118

Estimated payment $1,732/month

1 Bed
1 Bath
744 Sq Ft
$309 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Balcony

About This Home

This Beautiful yet cozy 1 bed 1 bath downstairs condo with attached 1 car garage is tucked away in the guard gated Resort Style Spanish Palms Community. This corner unit has upgraded flooring and a private balcony. Community amenities include 2 stunning pools, a clubhouse, a guard gate, a fitness center, and a putting Green. This community is so conveniently located too, just minutes away from the fabulous Las Vegas Strip and Allegiant Stadium. Close proximity to hospitals, shopping, restaurants, 215 Beltway, and Entertainment!

Listing Agent

Derek Miyano

ADG Realty Brokerage Phone: 702-315-6100 License #B.0040216 Listed on: 10/02/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $918

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Landscaped

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Inside Entrance
  • Garage Door Opener
  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Gas 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
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, security, trash, water
  • Spanish Palms Association, Phone Number (702) 988-0321
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$918

Year Built

Built in 1997

Lot Details

0

HOA Fees

$432 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5351
  • Road Surface Type: Paved
  • Ownership: Condominium
  • Subdivision Name: Spanish Palms Condo
  • Directions: From Tropicana and Rainbow (S) on Rainbow, (L) into Spanish Palms Community Through Guard Gate (R) to the end of the street (L) to the end of the street (R) before the end building 16 is on your left
  • 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
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-315-6100
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: West
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Balcony, Porch
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Private, Storage, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage
  • 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

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Barbecue, Playground, Pool, Guard, Spa/Hot Tub, Security
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-988-0321
  • Association: Yes

Fee Information

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

Schools

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

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 23308.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family

Rental Info

  • Land Lease Amount: 1340.0

Tax Info

  • Tax Annual Amount: 918.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $918 $42,593 $19,040 $23,553
2024 $851 $42,593 $19,040 $23,553
2023 $851 $43,387 $21,560 $21,827
2022 $788 $36,763 $16,538 $20,225
2021 $730 $35,085 $15,488 $19,597
2020 $675 $35,086 $15,488 $19,598
2019 $632 $34,459 $14,963 $19,496
2018 $614 $28,757 $9,713 $19,044
2017 $834 $28,426 $8,925 $19,501
2016 $583 $25,195 $5,513 $19,682
2015 $580 $23,669 $4,988 $18,681
2014 $562 $18,600 $5,250 $13,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2025 10/02/25 For Sale $229,900 0.0% $309 / Sq Ft
01/23/2024 01/23/24 Rented $1,295 0.0% --
01/11/2024 01/11/24 Under Contract -- -- --
12/04/2023 12/04/23 For Rent $1,295 0.0% --
11/22/2023 11/22/23 Sold $187,000 -1.6% $251 / Sq Ft View Prior Sale
10/19/2023 10/19/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $190,000 -6.6% $255 / Sq Ft
09/04/2023 09/04/23 For Sale $203,500 0.0% $274 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $203,500 +38.4% $274 / Sq Ft
03/12/2020 03/12/20 Sold $147,000 -1.9% $198 / Sq Ft View Prior Sale
02/11/2020 02/11/20 Pending -- -- --
08/19/2019 08/19/19 For Sale $149,900 +15.9% $201 / Sq Ft
05/03/2016 05/03/16 Sold $129,325 0.0% $174 / Sq Ft View Prior Sale
04/03/2016 04/03/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $129,325 -- $174 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $187,000 Chicago Title
Warranty Deed -- Servicelink Title
Trustee Deed $172,929 None Listed On Document
Bargain Sale Deed $147,000 Noble Title
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $129,325 First American Title Insura
Bargain Sale Deed $19,000,000 First American Title Insura
Trustee Deed $5,500,000 Stewart Title Las Vegas War
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,000 New Conventional
Previous Owner $150,381 VA
Previous Owner $126,981 FHA
Previous Owner $11,200,000 Unknown
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2725360

Las Vegas REALTORS®

APN: 163-26-214-149