$252,500
$13K PRICE DROP

5250 S Rainbow Blvd Unit 1155 Las Vegas, NV 89118

Estimated payment $1,867/month

Total Views 2,174
2 Beds
2 Baths
1,034 Sq Ft
$244 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Great Room
  • Gated Community
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

NICE 2 BED, 2 FULL BATH 1ST FLOOR CONDO IN PRESTIGEOUS SPANISH PALMS, GUARD GATED COMMUNITY. THIS COMMUNITY HAS ALWAYS BEEN ONE OF THE PREMIERE CONDO COMMUNITIES IN LAS VEGAS, SINCE IT WAS BUILT IN 1997. UNIQUE FRONT/BACK CONFIGURATION TO ENTER THE PROPERTY THROUGH 2 CAR ATTACHED GARAGE, OR FROM THE FRONT DOOR, OPPOSITE SIDE. SEWER/TRASH/WATER, ROVING SECURITY & GUARD GATED ARE ALL INCLUDED IN THE HOA FEE. THIS IS A GREAT PROPERTY IF YOU'RE SIZING DOWN, OR JUST WANT TO LIVE IN A SAFE, SECLUDED COMMUNITY, THAT'S ALSO CLOSE TO EVERYTHING.

Listing Agent

Eric Vongoerken

J E T Real Estate Group License #B.0146887 Listed on: 10/12/2025

J E T Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $423 Monthly HOA Fees

Parking

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

Home Design

  • Tile Roof

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Great Room

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Additional Features

  • Energy-Efficient Windows
  • Porch

Community Details

Overview

  • Association fees include ground maintenance, sewer, security, taxes, water
  • Spanish Palms Association, Phone Number (702) 487-6225
  • Spanish Palms Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,366

Year Built

Built in 1997

Lot Details

0

HOA Fees

$423 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: TAKE RAINBOW SOUTH FROM TROPICANA TO SPANISH PALMS (EAST SIDE OF RAINBOW) SHOW COPY OF LISTING TO GUARD, THRU GATE, TURN LEFT ALL THE WAY TO THE END, TURN RIGHT, GO ALL THE WAY TO THE END INTO THE PARKING AREA AND YOU'LL SEE THE GARAGE FOR UNIT 1155. PARK IN THAT AREA, AND WALK AROUND TO THE LEFT, AROUND THE BUILDING TO ACCESS THE FRONT DOOR.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1997
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Luxury Vinyl Plank, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 1034.0
  • Window Features: Blinds, Double Pane Windows, Window Treatments

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Association, Community
  • Pool Private: No
  • Direction Faces: South
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance, Open, Shelves, Guest

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Guard
  • Association Fee: 423.0
  • Association Fee Frequency: Monthly
  • Association Name: SPANISH PALMS
  • Phone: 702-487-6225
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Security, Taxes, Water

Schools

  • Elementary School: May, Ernest,May, Ernest
  • 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

Tax Info

  • Tax Annual Amount: 1366.0

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 $1,366 $54,621 $23,800 $30,821
2024 $1,265 $54,621 $23,800 $30,821
2023 $1,265 $55,499 $26,950 $28,549
2022 $1,172 $48,456 $22,050 $26,406
2021 $1,085 $46,281 $20,650 $25,631
2020 $1,005 $46,159 $20,650 $25,509
2019 $942 $45,293 $19,950 $25,343
2018 $914 $37,682 $12,950 $24,732
2017 $1,093 $37,274 $11,900 $25,374
2016 $867 $32,934 $7,350 $25,584
2015 $864 $32,149 $6,650 $25,499
2014 $839 $28,952 $7,000 $21,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Price Changed $252,500 -0.8% $244 / Sq Ft
10/31/2025 10/31/25 Price Changed $254,500 -1.0% $246 / Sq Ft
10/27/2025 10/27/25 Price Changed $256,950 -0.8% $249 / Sq Ft
10/24/2025 10/24/25 Price Changed $258,900 -2.3% $250 / Sq Ft
10/13/2025 10/13/25 Price Changed $264,900 0.0% $256 / Sq Ft
10/12/2025 10/12/25 For Sale $265,000 -- $256 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $223,400 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,720 New Conventional
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2726954

Las Vegas REALTORS®

APN: 163-26-214-305