$290,000
SOLD NOV 8, 2024

5250 S Rainbow Blvd Unit 1153 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,131 Sq Ft
$340/mo HOA Fee

Recently Sold

$256 Per Sq Ft

9% Below List Price

107 Days on Market

Highlights

  • Fitness Center
  • Great Room
  • Business Center
  • Gated Community
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of November 2024

GROUND FLOOR UNIT WITH QUIET INTERIOR LOCATION!!!!THIS IS A UNIQUE OPPORTUNITY TO OWN A PROPERTY IN THIS SOUGHT-AFTER LOCATION AT A PRICE POINT THAT WONT BREAK THE BANK. 3 BEDROOM 2 BATH , FIREPLACE, WOODEN BLINDS, LUXURY VINYL PLANK FLOORING THROUGHOUT. ATTACHED "EXTRA" LARGE 2 CAR GARAGE WITH ADDITIONAL STORAGE AREA AND SIDE BY SIDE WASHER/DRYER!!! THIS GROUND FLOOR CONDO IS A HIDDEN GEM IN AN EXCEPTIONAL LOCATION. ACT FAST BEFORE IT'S GONE

Last Agent to Sell the Property

Jena McIntosh

Award Realty Brokerage Phone: (702) 768-2636 License #S.0037093 Listed on: 07/23/2024

Last Buyer's Agent

Kathleen Ayala

Turner Realty License #S.0191645

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1997

Lot Details

  • North Facing Home
  • Desert Landscape
  • Property is in very good condition

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Great Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

Overview

  • Association fees include water
  • Spanish Palms Association, Phone Number (702) 287-6225
  • Spanish Palms Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Business Center

Recreation

  • Fitness Center
  • Community Pool
  • Park
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,266

Year Built

Built in 1997

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: FROM TROPICANA AND RAINBOW HEAD SOUTH ON RAINBOW APPROXIMATELY 3/4 MILE TO SPANISH PALMS ON YOUR LEFT HAND SIDE. HEAD THROUGH THE GATES AND HEAD TO BUILDING #15. PARK AND LOCKBOX ON THE OUTSIDE RAILING.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (702) 768-2636
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Primary Downstairs, Window Treatments, Programmable Thermostat
  • Living Area: 1131.0
  • Window Features: Blinds, Double Pane Windows, Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Direction Faces: North
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Open, Private, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Business Center, Dog Park, Fitness Center, Gated, Barbecue, Park, Pool, Guard
  • Association Fee: 340.0
  • Association Fee Frequency: Monthly
  • Association Name: SPANISH PALMS
  • Phone: 702-287-6225
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water

Schools

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

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 29, 2024
Sold by
Su Shing Yuan and Lee Jocelin
Bought by
Limehouse Rita Rose
Seller's Agent
Jena McIntosh
Award Realty
Buyer's Agent
Kathleen Ayala
Turner Realty
List Price
$318,000
Sold Price
$290,000
Premium/Discount to List
-$28,000
-8.81%
Total Days on Market
107
Views
48
Current Estimated Value
$296,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,199
Avg. Annual Appreciation
3.63%
Original Mortgage
$281,300
Outstanding Balance
$278,296
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$17,546

Purchase Details

Listed on
Jul 23, 2024
Closed on
Oct 9, 2024
Sold by
Lee Matthew Shieh-Ming
Bought by
Su Shing Yuan
Seller's Agent
Jena McIntosh
Award Realty
Buyer's Agent
Kathleen Ayala
Turner Realty
List Price
$318,000
Sold Price
$290,000
Premium/Discount to List
-$28,000
-8.81%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,300
Outstanding Balance
$278,296
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$17,546

Purchase Details

Closed on
May 15, 2015
Sold by
Dk Spanish Palms Llc
Bought by
Su Shing Yuan and Lee Joselin

Purchase Details

Closed on
Dec 20, 2013
Sold by
Spanish Palms Marketing Llc
Bought by
Dk Spanish Palms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,640,000
Interest Rate
4.17%
Mortgage Type
Unknown
Source: Public Records

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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 Type Sale Price Title Company
Bargain Sale Deed $290,000 Equity Title Of Nevada
Bargain Sale Deed -- Equity Title Of Nevada
Bargain Sale Deed $166,900 First American Title Ins
Bargain Sale Deed $19,000,000 First American Title Insura
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $281,300 New Conventional
Previous Owner $38,640,000 Unknown
Previous Owner $23,450,000 Unknown
Previous Owner $11,200,000 Purchase Money Mortgage
Previous Owner $39,400,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $290,000 -5.8% $256 / Sq Ft
08/26/2024 08/26/24 Price Changed $308,000 -3.1% $272 / Sq Ft
07/23/2024 07/23/24 For Sale $318,000 0.0% $281 / Sq Ft
03/01/2016 03/01/16 Rented $1,275 -5.6% --
01/31/2016 01/31/16 Under Contract -- -- --
09/11/2015 09/11/15 For Rent $1,350 0.0% --
09/04/2015 09/04/15 Sold $166,900 0.0% $148 / Sq Ft
08/18/2015 08/18/15 For Sale $166,900 -- $148 / 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 $1,366 $60,011 $26,180 $33,831
2024 $1,266 $60,011 $26,180 $33,831
2023 $1,266 $60,985 $29,645 $31,340
2022 $1,172 $54,347 $25,358 $28,989
2021 $1,086 $50,852 $22,715 $28,137
2020 $1,005 $50,677 $22,715 $27,962
2019 $942 $49,731 $21,945 $27,786
2018 $899 $41,357 $14,245 $27,112
2017 $1,199 $40,885 $13,090 $27,795
2016 $843 $36,113 $8,085 $28,028
2015 $840 $35,223 $7,315 $27,908
2014 $814 $26,916 $7,700 $19,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2602316

Las Vegas REALTORS®

APN: 163-26-214-303