$129,900
SOLD AUG 15, 2014 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
$176/mo HOA Fee

Recently Sold

$115 Per Sq Ft

24% Above List Price

516 Days on Market

Highlights

  • Fitness Center
  • Marble Flooring
  • 2 Car Attached Garage
  • Gated Community
  • Community Pool
  • Community Playground

About This Home

As of August 2024

This spacious 3 bedroom 2 full bath 1131 SF condo offers living area with fireplace for cozy evenings, granite counter tops with all stainless appliances on 18' marble floors in the kithcen as well as in all wet areas. 2 bedrooms have mirrored closet doors, master with walk in closet. Front patio for relaxing. NEar pool but not to close. VERY CLEAN!! OFFER WITH CONFIDENCE.

Last Agent to Sell the Property

Paul Caruso

Keller Williams MarketPlace License #S.0069141 Listed on: 02/14/2013

Keller Williams MarketPlace

Last Buyer's Agent

Miguel Landrove

Platinum Real Estate Prof License #S.0169719

Platinum Real Estate Prof

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $865

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Desert Landscape
  • Property is in average condition

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener
  • Guest Parking

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,131 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Built-In Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

  • Earl Marion B 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, security
  • Spanish Palms Condo Association, Phone Number (702) 737-8500
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$865

Year Built

Built in 1997

Lot Details

0

HOA Fees

$176 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SPANISH PALMS CONDO
  • Directions: N I-215 head North on Rainbow past Hacienda *Entrance is on your right. Through Gaurd gate make a left Building 33 on your right walk around to your RIGHT.
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: 4108
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s)
  • Living Area: 1131.0
  • Window Features: Blinds

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Average Condition, Resale
  • Roof: Pitched

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, 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
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Fitness Center, Gated, Playground, Pool, Guard
  • Association Fee: 176.0
  • Association Fee Frequency: Monthly
  • Association Name: SPANISH PALMS CONDO
  • Phone: 702-737-8500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Security

Schools

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

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 865.0

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%
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

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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 $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

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Map

Source: Las Vegas REALTORS®

MLS Number: 1321464

Las Vegas REALTORS®

APN: 163-26-214-323