$275,000
$35K PRICE DROP

5250 S Rainbow Blvd Unit 1165 Las Vegas, NV 89118

Estimated payment $1,999/month

Total Views 8,074
2 Beds
2 Baths
1,034 Sq Ft
$266 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Main Floor Primary Bedroom
  • Balcony

About This Home

POOLSIDE PREMIUM UNIT! Downstairs LUXURY CONDO in a Resort-Style GUARD-GATED Community with 24 HOURS SECURITY*BEST LOCATION Right Across from the Gorgeous Pool Area with Lush Landscape, Palapas, Babq area and a Massive Water Fall with a Tropical feel*2 Bedrooms, 2 Bathrooms, Attached 2 CAR GARAGE*Most popular floor plan with the Primary Suite completely separate from the Secondary Bedroom*MODERN LUXURY FLOORING throughout all main areas*Painted cabinets*STAINLESS STEEL APPLIANCES*GRANITE COUNTERTOPS in kitchen and bathrooms*Family room with beautiful FIREPLACE and BALCONY*The 2 Car Garage access is from the inside of the unit* Located Centrally in Las Vegas near World-Class Dining, Shopping, and Entertainment, this Exclusive Community offers both Security and Tranquillity*The Community also offers a MODERN FITNESS CENTER and Beautifully Landscaped Parks*WATER,SEWER AND TRASH INCLUDED in HOA fee*Tenant with lease until 6/2026*

Listing Agent

Valentina Fields

Realty ONE Group, Inc Brokerage Phone: (702) 419-4378 License #S.0067669 Listed on: 02/15/2025

Realty ONE Group, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,425

Year Built

  • Built in 1997

Lot Details

  • East Facing Home
  • Back Yard Fenced
  • Stucco Fence
  • Landscaped

HOA Fees

  • $432 Monthly HOA Fees

Parking

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

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

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 ground maintenance, recreation facilities, sewer, security, trash, water
  • Spanish Palms Condos Association, Phone Number (702) 940-7066
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,425

Year Built

Built in 1997

Lot Details

0

HOA Fees

$432 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 AND RAINBOW GO SOUTH ON RAINBOW; LEFT INTO THE SPANISH PALMS COMMUNITY, TO THE GUARD GATE; AS SOON AS YOU GO THROUGH THE GATE PARK IN FRONT OF THE CLUBHOUSE; WALK TO THE LEFT OF THE POOL AREA. PROPERTY IS LOCATED IN BUILDING #33; DOWNSTAIRS UNIT 1165.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1997
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (702) 419-4378
  • 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
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
  • Living Area: 1034.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Back Yard, Stucco Wall
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Association, Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Private, 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, Dog Park, Fitness Center, Gated, Barbecue, Playground, Park, Pool, Guard, Spa/Hot Tub, Security
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms Condos
  • Phone: 702-940-7066
  • Association: Yes

Fee Information

  • Association Fee Includes: 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: Multi-Family

Rental Info

  • Land Lease Amount: 1695.0

Tax Info

  • Tax Annual Amount: 1425.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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 $1,425 $54,621 $23,800 $30,821
2024 $1,320 $54,621 $23,800 $30,821
2023 $1,320 $55,499 $26,950 $28,549
2022 $1,223 $48,456 $22,050 $26,406
2021 $1,132 $46,281 $20,650 $25,631
2020 $1,048 $46,159 $20,650 $25,509
2019 $983 $45,293 $19,950 $25,343
2018 $938 $37,682 $12,950 $24,732
2017 $1,093 $37,274 $11,900 $25,374
2016 $879 $32,934 $7,350 $25,584
2015 $876 $32,149 $6,650 $25,499
2014 $849 $28,952 $7,000 $21,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2025 07/19/25 Price Changed $275,000 0.0% $266 / Sq Ft
07/19/2025 07/19/25 For Sale $275,000 -1.8% $266 / Sq Ft
06/07/2025 06/07/25 Off Market $280,000 -- --
05/09/2025 05/09/25 Price Changed $280,000 -1.8% $271 / Sq Ft
04/19/2025 04/19/25 Price Changed $285,000 -1.7% $276 / Sq Ft
03/28/2025 03/28/25 Price Changed $290,000 -1.7% $280 / Sq Ft
03/15/2025 03/15/25 Price Changed $295,000 -1.7% $285 / Sq Ft
02/25/2025 02/25/25 Price Changed $299,999 -3.2% $290 / Sq Ft
02/15/2025 02/15/25 For Sale $310,000 0.0% $300 / Sq Ft
06/20/2024 06/20/24 Rented $1,650 0.0% --
06/19/2024 06/19/24 Under Contract -- -- --
05/21/2024 05/21/24 For Rent $1,650 +1.5% --
03/29/2022 03/29/22 For Rent $1,625 0.0% --
03/29/2022 03/29/22 Rented $1,625 0.0% --
07/20/2012 07/20/12 Sold $93,500 +4.0% $90 / Sq Ft View Prior Sale
06/20/2012 06/20/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $89,900 -- $87 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- Chicago Title Las Vegas
Bargain Sale Deed $93,500 Chicago Title Las Vegas
Bargain Sale Deed $93,500 Chicago Title Las Vegas
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- National Alliance Title
Bargain Sale Deed $252,990 National Alliance Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $202,392 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2656566

Las Vegas REALTORS®

APN: 163-26-214-325

Nevada Clark County Las Vegas 89118

5250 S Rainbow Blvd Unit 1165, Las Vegas, NV

For Sale

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.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

Nearby Homes
Listing Agent
Valentina Fields
Section Image
Realty ONE Group, Inc
(702) 919-4926