$274,888

5250 S Rainbow Blvd Unit 1155 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated payment $2,041/month

Total Views 2,242
2 Beds
2 Baths
1,034 Sq Ft
$266 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Community
  • Main Floor Primary Bedroom
  • RV Access or Parking
  • 23,308 Sq Ft lot
  • 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: 07/08/2025

J E T Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,366

Year Built

  • Built in 1997

Lot Details

  • North Facing Home
  • Drip System Landscaping

HOA Fees

  • $432 Monthly HOA Fees

Parking

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

Home Design

  • Tile Roof

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Luxury Vinyl Plank Tile

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

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

Laundry

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Sprinkler System

Schools

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

Utilities

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

Community Details

Overview

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

Recreation

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

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

$432 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
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank
  • 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: None
  • Lot Features: Drip Irrigation/Bubblers, Landscaped, Trees, < 1/4 Acre
  • Pool Features: Association, Community
  • Pool Private: No
  • Direction Faces: North
  • Exterior Features: None, Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Epoxy Flooring, Garage, Garage Door Opener, Guest, Inside Entrance, Open, Private, RV Potential, RV Access/Parking, Shelves

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage, 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: Fitness Center, Gated, Playground, Pool, Guard, Spa/Hot Tub
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-487-6225
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Sewer, 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

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 Change Sq Ft Price
07/08/2025 07/08/25 For Sale $274,888 -- $266 / 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

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Source: Las Vegas REALTORS®

MLS Number: 2699096

Las Vegas REALTORS®

APN: 163-26-214-305