$318,000
SOLD AUG 15, 2024 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
$377/mo HOA Fee

Recently Sold

$281 Per Sq Ft

5% Below List Price

180 Days on Market

Highlights

  • Fitness Center
  • 0.54 Acre Lot
  • Main Floor Primary Bedroom
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

As of August 2024

New paint. Neutral colors. Tile and travertine flooring thru out (no carpet) re-grouted like brand new. 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. This condo looks and feels brand new. Beautifully landscaped guard gated community features resort style pool & spa, clubhouse and fitness room. Conveniently located to Allegiant Stadium, 215 and the LV Strip.

Last Agent to Sell the Property

Debra Ballard

Ballard Realty Group Brokerage Phone: 702-570-6400 License #B.0028745 Listed on: 02/16/2024

Last Buyer's Agent

Shan Xiao

Desert Springs Realty LTD License #S.0189093

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Landscaped
  • Property is in excellent condition

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Epoxy
  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Ceramic Tile

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Windows
  • Porch

Community Details

Overview

  • Association fees include ground maintenance, security
  • Spanish Palms Condo Association, Phone Number (702) 487-6225
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,445

Year Built

Built in 1997

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5351
  • Subdivision Name: Spanish Palms Condo
  • Directions: From Tropicana & Rainbow, South on Rainbow to Spanish Palms Entrance on East Side of Rainbow just North of Hacienda. Guarded gates show guard your card. Through gate to left
  • 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
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-570-6400
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1131.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: South
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Epoxy Flooring, Garage, Inside Entrance, Private, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage
  • 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, Playground, Pool, Guard, Spa/Hot Tub, Security
  • Association #2 Fee: 377.0
  • Association #2 Fee Frequency: Monthly
  • Association Name: Spanish Palms Condo
  • Phone: 702-487-6225
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Security

Schools

  • Elementary School: Earl, Ira J.,Earl, Ira J.
  • 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: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1445.0

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%
Total Days on Market
180
Views
77
Current Estimated Value
$307,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,265
Avg. Annual Appreciation
-1.98%

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

Similar Homes in Las Vegas, NV

  • 5052 S Rainbow Blvd Unit 201, Las Vegas, NV 89118

    $288,888

    • 3 Beds
    • 2 Baths
    • 1,163 Sq Ft
    • 5052 S Rainbow Blvd
    • Unit 201
    • Las Vegas, NV

    RARE 3-Bedroom Condo in a Prime Location!This spacious, open-concept unit features soaring ceilings and an abundance of natural light throughout. Enjoy upgraded granite countertops, stylish tile flooring, and a layout that feels both open and inviting. Located just 15 minutes from the Las Vegas Strip with convenient access to Rainbow Blvd, this home is perfectly situated within a gated

    Blake Bonvicin LPT Realty, LLC

    Section Image
  • 4865 S Torrey Pines Dr Unit 106, Las Vegas, NV 89103

    $269,900

    • 2 Beds
    • 2 Baths
    • 942 Sq Ft
    • 4865 S Torrey Pines Dr
    • Unit 106
    • Las Vegas, NV

    Discover the allure of this charming ground floor condo boasting a delightful private patio and a cozy fireplace in the inviting living room. Recently adorned with a fresh coat of paint, the well-designed layout places the bedrooms on opposite sides of the living room for enhanced privacy and comfort. Conveniently situated with its entrance on Tropicana, this residence occupies the prime position

    Gwendolyn Lion Love Las Vegas Realty

    Section Image
  • 4843 S Torrey Pines Dr Unit 101, Las Vegas, NV 89103

    $245,000

    • 2 Beds
    • 2 Baths
    • 884 Sq Ft
    • 4843 S Torrey Pines Dr
    • Unit 101
    • Las Vegas, NV

    Move-In Ready Spring Valley Condo at Los Verdes! This immaculate 2BR/2BA first-floor unit offers 884 sq ft of comfortable living with stunning hardwood floors and fresh white finishes throughout. The updated galley kitchen features white cabinetry, a gas range, brand-new countertops, sink, and faucet, plus plenty of storage—perfect for cooking and entertaining. Enjoy the ease of ground-level

    Ryan Crighton Rothwell Gornt Companies

    Section Image
  • 5000 Red Rock St Unit 241, Las Vegas, NV 89118

    $299,960

    • 3 Beds
    • 2 Baths
    • 1,439 Sq Ft
    • 5000 Red Rock St
    • Unit 241
    • Las Vegas, NV

    Welcome to this exceptional & spacious 3-bed, 2-bath condo—the largest unit in the community! This rare oversized end-unit is ideally located in one of the best spots in the neighborhood, offering peaceful views of tranquil water features. Inside, you’ll find soaring vaulted ceilings, beautiful tile flooring throughout, granite countertops, white cabinetry, a walk-in pantry & shutters on every

    Gina Gallegos Weichert Realtors-Millennium

    Section Image
  • 5000 Red Rock St Unit 259, Las Vegas, NV 89118

    $269,900

    • 2 Beds
    • 2 Baths
    • 1,212 Sq Ft
    • 5000 Red Rock St
    • Unit 259
    • Las Vegas, NV

    Welcome to this beautifully maintained 2-bedroom, 2-bath condo in a gated community just minutes from shopping, dining, and the Las Vegas Strip. Enjoy resort-style amenities including a pool, spa, and gym.The open layout features a seamless flow between the kitchen, dining area, and living room, centered around a cozy gas fireplace. The living room opens to a private balcony with a peaceful view

    James Sharp SimpliHOM

    Section Image
  • 5097 Indian River Dr Unit 172, Las Vegas, NV 89103

    $260,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft
    • 5097 Indian River Dr
    • Unit 172
    • Las Vegas, NV

    Charming Two-Bedroom Condo in Prime Location! This beautifully updated second-floor condo offers the perfect blend of modern living and convenience. Featuring two spacious bedrooms, this unit is designed for both comfort and style. The fully updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, making it a chef's delight. The dining area is perfect for

    Roya Khavari Habibi Signature Real Estate Group

    Section Image
  • 7950 W Flamingo Rd Unit 1081, Las Vegas, NV 89147

    $244,900

    • 2 Beds
    • 2 Baths
    • 1,023 Sq Ft
    • 7950 W Flamingo Rd
    • Unit 1081
    • Las Vegas, NV

    BEAUTIFUL CONDO IN A GATED COMMUNITY WITH AMAZING RESORT STYLE AMENITIES, INCLUDING A SPARKLING COMMUNITY POOL, RELAXING SPA, AND MORE! THIS HOME FEATURES A BRIGHT, OPEN, AND AIRY FLOOR PLAN. LOW MAITENCE WIDE-PLANKED PORECLAIN TILE FLOORING THROUGHOUT! THE RENOVATED KITCHEN OFFERS A BREAKFAST BAR, A SPACIOUS PANTRY, AND A DINING AREA. THE PRIMARY BEDROOM IS A PEACEFUL RETREAT WITH A CEILING FAN

    Rick Brenkus Keller Williams MarketPlace

    Section Image
  • 4200 S Valley View Blvd Unit 2009, Las Vegas, NV 89103

    $385,000

    • 2 Beds
    • 2 Baths
    • 902 Sq Ft
    • 4200 S Valley View Blvd
    • Unit 2009
    • Las Vegas, NV

    Fully remodeled second-floor condo in the heart of Las Vegas! This turnkey 2-bedroom, 2-bathroom unit is fully furnished, just minutes from the iconic Las Vegas Strip, Allegiant Stadium, and T-Mobile Arena. Step into a spacious living area adorned with chic furnishings, a modern kitchen boasting granite countertops, and a cozy dining nook perfect for entertaining. The bedrooms offer generous

    Marc Capri Wynn Realty Group

    Section Image
  • 9050 W Warm Springs Rd Unit 1128, Las Vegas, NV 89148

    $285,000

    • 2 Beds
    • 2 Baths
    • 936 Sq Ft
    • 9050 W Warm Springs Rd
    • Unit 1128
    • Las Vegas, NV

    This lovely 2-bedroom, 2-bath condo offers comfort, convenience, and community amenities in a prime Southwest location.? Features Include:Spacious walk-in closetsBeautiful wood flooringCozy patio balcony – perfect for morning coffee or relaxing evenings?? Community Highlights:Secure gated communityThree sparkling pools & a heated

    Marcella Quezada Monarch Property Management &

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $318,000 Lawyers Title
Bargain Sale Deed $129,900 Chicago Title Las Vegas
Bargain Sale Deed $276,490 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $193,543 Negative Amortization
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 -- --
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 $1,559 $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

See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2560713

Las Vegas REALTORS®

APN: 163-26-214-323