NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 1167 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $210,000 - $221,000

1 Bed
1 Bath
744 Sq Ft
$176/mo HOA Fee

Last Sold March 05, 2012

Last sale price $60,000 $81 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,476/month

28 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1 Car Attached Garage
  • Gated Community
  • Covered patio or porch
  • Security Guard

About This Home

As of March 2012

gorgeous 1 bedroom unit inside spanish palms. community has great ammenities. unit is a first floor close to clubhouse, and community pool.

Last Agent to Sell the Property

Marty Zabib

Sun Valley Realty License #B.1001012 Listed on: 02/05/2012

Last Buyer's Agent

Brenda Summers

BHHS Nevada Properties License #S.0008788

BHHS Nevada Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $649

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Inside Entrance
  • Open Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security
  • Spanish Palms Association, Phone Number (702) 737-8580
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$649

Year Built

Built in 1997

Lot Details

0

HOA Fees

$176 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SPANISH PALMS CONDO
  • Directions: rainbow and 215 head north on rainbow right into complex after hacienda
  • 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: None
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Bedroom on Main Level
  • 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
  • Exterior Features: Patio
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Good Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Inside Entrance, Open

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Fitness Center, Gated, Pool, Guard, Spa/Hot Tub
  • Association Fee: 176.0
  • Association Fee Frequency: Monthly
  • Association Name: spanish palms
  • Phone: 702-737-8580
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Security

Schools

  • Elementary School: Earl Ira*,Earl Ira*
  • 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: 649.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2013
Sold by
Sierra Del Oro Llc
Bought by
Slater Russell and Eclat Trust
Total Days on Market
28
Current Estimated Value
$215,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$38,400
Interest Rate
4.46%
Mortgage Type
Unknown
Estimated Equity
$179,744

Purchase Details

Listed on
Feb 5, 2012
Closed on
Feb 27, 2012
Sold by
Ponytail Llc
Bought by
Sierra Del Oro Llc
Seller's Agent
Marty Zabib
Sun Valley Realty
Buyer's Agent
Brenda Summers
BHHS Nevada Properties
List Price
$59,900
Sold Price
$60,000
Premium/Discount to List
$100
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Listed on
Feb 5, 2012
Closed on
Jan 16, 2012
Sold by
Cho Mi Jung and Cho Duk Young
Bought by
Ponytail Llc
Seller's Agent
Marty Zabib
Sun Valley Realty
Buyer's Agent
Brenda Summers
BHHS Nevada Properties
List Price
$59,900
Sold Price
$60,000
Premium/Discount to List
$100
0.17%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Dow Blake R
Bought by
Cho Duk Yong and Cho Mi Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2006
Sold by
The Reserve Development Llc
Bought by
Dow Blake R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
6.62%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Slater Russell $79,900 First American Title Paseo
Sierra Del Oro Llc $60,000 National Title Company
Ponytail Llc $42,600 None Available
Cho Duk Yong $178,000 National Alliance Title
Dow Blake R $183,400 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dandurand John F $50,000
Previous Owner Cho Duk Yong $142,400
Previous Owner Dow Blake R $123,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $60,000 +0.2% $81 / Sq Ft
02/05/2012 02/05/12 For Sale $59,900 -- $81 / Sq Ft
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 $1,083 $42,593 $19,040 $23,553
2024 $1,003 $42,593 $19,040 $23,553
2023 $1,003 $43,387 $21,560 $21,827
2022 $929 $36,763 $16,538 $20,225
2021 $861 $35,085 $15,488 $19,597
2020 $796 $35,086 $15,488 $19,598
2019 $746 $34,459 $14,963 $19,496
2018 $712 $28,757 $9,713 $19,044
2017 $834 $28,426 $8,925 $19,501
2016 $668 $25,195 $5,513 $19,682
2015 $665 $23,669 $4,988 $18,681
2014 $645 $21,928 $5,250 $16,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 1223755

Las Vegas REALTORS®

APN: 163-26-214-333