$301,610 - $329,000
RENTED NOV 6, 2024

5250 S Rainbow Blvd Unit 1163 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,131 Sq Ft
$276 Price per Sq Ft

Last Sold August 15, 2024

Last sale price $318,000 $281 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,785/month

About This Home

As of August 2024

3 bedroom 2 bath condo with ATTACHED 2 car garage & extra storage space. Tile thru out, new paint. Living room features fireplace. Upgraded kitchen counters and stainless-steel appliances. Washer/dryer & attached 2 garage with direct access. Freshly painted garage floor and front porch. Beautifully landscaped guard gated community features resort style pool & spa, clubhouse and fitness room. Conveniently located near Spring Valley Hospital, close to TONS of dining, shopping, & entertainment with easy access to the 215 beltway.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Aug 15, 2024
Sold by
Park Joo H and Park Soo S
Bought by
Williamson Family Revocable Living Trust and Williamson
Seller's Agent
Debra Ballard
Ballard Realty Group
Buyer's Agent
Shan Xiao
Desert Springs Realty LTD
List Price
$335,000
Sold Price
$318,000
Premium/Discount to List
-$17,000
-5.07%
Views
77
Current Estimated Value
$311,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,097
Avg. Annual Appreciation
-2.39%

Purchase Details

Listed on
Feb 14, 2013
Closed on
Aug 6, 2014
Sold by
Encarnacion Jose and Encarnacion Corazon
Bought by
Park Joo H and Park Soo S
Seller's Agent
Paul Caruso
Keller Williams MarketPlace
Buyer's Agent
Miguel Landrove
Platinum Real Estate Prof
List Price
$104,900
Sold Price
$129,900
Premium/Discount to List
$25,000
23.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Dec 18, 2006
Sold by
The Reserve Development Llc
Bought by
Encarnacion Jose and Encarnacion Corazon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,543
Interest Rate
8.25%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

Collateral Analytics

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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
Williamson Family Revocable Living Trust $318,000 Lawyers Title
Park Joo H $129,900 Chicago Title Las Vegas
Encarnacion Jose $276,490 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Encarnacion Jose $193,543
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Rented $1,700 0.0% --
10/25/2024 10/25/24 Under Contract -- -- --
10/10/2024 10/10/24 Price Changed $1,700 -5.6% $2 / Sq Ft
09/24/2024 09/24/24 For Rent $1,800 0.0% --
08/15/2024 08/15/24 Sold $318,000 -2.8% $281 / Sq Ft
05/08/2024 05/08/24 Price Changed $327,000 -2.4% $289 / Sq Ft
02/16/2024 02/16/24 For Sale $335,000 0.0% $296 / Sq Ft
12/18/2020 12/18/20 Rented $1,450 -3.3% --
11/18/2020 11/18/20 Under Contract -- -- --
10/15/2020 10/15/20 For Rent $1,500 +20.0% --
10/06/2017 10/06/17 For Rent $1,250 -3.8% --
10/06/2017 10/06/17 Rented $1,300 +4.0% --
03/27/2017 03/27/17 Rented $1,250 -3.8% --
02/25/2017 02/25/17 Under Contract -- -- --
01/24/2017 01/24/17 For Rent $1,299 0.0% --
08/15/2014 08/15/14 Sold $129,900 +23.8% $115 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
02/14/2013 02/14/13 For Sale $104,900 0.0% $93 / Sq Ft
03/09/2012 03/09/12 Rented $999 -9.2% --
02/08/2012 02/08/12 Under Contract -- -- --
12/08/2011 12/08/11 For Rent $1,100 -- --

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 $1,559 $60,011 $26,180 $33,831
2024 $1,445 $60,011 $26,180 $33,831
2023 $1,445 $60,985 $29,645 $31,340
2022 $1,338 $54,347 $25,358 $28,989
2021 $1,239 $50,852 $22,715 $28,137
2020 $1,147 $50,677 $22,715 $27,962
2019 $1,075 $49,731 $21,945 $27,786
2018 $1,026 $41,357 $14,245 $27,112
2017 $1,199 $40,885 $13,090 $27,795
2016 $962 $36,113 $8,085 $28,028
2015 $959 $35,223 $7,315 $27,908
2014 $929 $31,706 $7,700 $24,006
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shan Xiao

    Desert Springs Realty LTD

    (702) 505-3092

    5 in this area

    11 Total Sales

    Shan Xiao
    Section Image

  • D

    Seller's Agent in 2024

    Debra Ballard

    Ballard Realty Group

    (702) 570-6400

    10 in this area

    41 Total Sales

    Debra Ballard
    Section Image
  • Belem Sada Villegas

    Buyer's Agent in 2024

    Belem Sada Villegas

    Signature Real Estate Group

    (702) 401-4425

    18 Total Sales

    Belem Sada Villegas
    Section Image

  • M

    Buyer's Agent in 2020

    Mike Gold

    eXp Realty

    (646) 479-7134

    5 Total Sales

    Mike Gold
    Section Image
  • Paul Caruso

    Seller's Agent in 2014

    Paul Caruso

    Keller Williams MarketPlace

    (702) 877-2500

    5 in this area

    67 Total Sales

    Paul Caruso
    Section Image
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Map

Nevada Clark County Las Vegas 89118 Spring Valley

5250 S Rainbow Blvd Unit 1163, Las Vegas, NV

This home is located at 5250 S Rainbow Blvd Unit 1163, Las Vegas, NV 89118 and is currently estimated at $311,903, approximately $275 per square foot. 5250 S Rainbow Blvd Unit 1163 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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