$209,900

5250 S Rainbow Blvd Unit 1180 Las Vegas, NV 89118

Estimated payment $1,660/month

Total Views 173
3 Beds
2 Baths
1,131 Sq Ft
$186 Price per Sq Ft

Highlights

  • Golf Course Community
  • Gated Community
  • Community Pool
  • Fitness Center
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

Calling all investors! Looking for a highly sought-after Spanish Palms guard-gated community condominium? Do not miss this deal of a lifetime. This first-floor, 3-bedroom, 2-bathroom, with an attached, direct entrance two-car garage, needs repairs but has great potential for anyone with hindsight. Open, flowing floor plan. The property was subject to a flood prior to the owner securing possession. It appears the prior owner had the property professionally cleaned. Prime location, near the strip, schools, shopping, and entertainment. HOA offers so many amenities. Do not let this deal get away.

Listing Agent

Charles Santoro

Signature Real Estate Group Brokerage Phone: (619) 796-1051 License #BS.0046200 Listed on: 10/27/2025

Signature Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Desert Landscape
  • Front and Back Yard Sprinklers

HOA Fees

  • $432 Monthly HOA Fees

Parking

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

Home Design

  • Fixer Upper
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Patio

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, sewer, security, taxes, water
  • Spanish Palms Association, Phone Number (702) 988-0321
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,539

Year Built

Built in 1997

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Spanish Palms Condo
  • Directions: From Tropicana and Rainbow, South on Rainbow, Left into Spanish Palms Community to Gate Guard, the Guard will direct you.
  • 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
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (619) 796-1051
  • Special Features: 5120
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Tile
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1131.0
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Timer, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco, Drywall
  • Direction Faces: South
  • Exterior Features: Patio, Sprinkler/Irrigation
  • Patio And Porch Features: Patio
  • Property Condition: Resale, Fixer
  • Roof: Tile

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
  • 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: Dog Park, Fitness Center, Golf Course, Gated, Barbecue, Pool, Guard, Spa/Hot Tub
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-988-0321
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, Sewer, Security, Taxes, Water

Schools

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

Lot Info

  • Horse Amenities: None
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1539.0

Map

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

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 $1,539 $60,011 $26,180 $33,831
2024 $1,425 $60,011 $26,180 $33,831
2023 $1,425 $60,985 $29,645 $31,340
2022 $1,320 $54,347 $25,358 $28,989
2021 $1,222 $50,852 $22,715 $28,137
2020 $1,132 $50,677 $22,715 $27,962
2019 $1,061 $49,731 $21,945 $27,786
2018 $1,012 $41,357 $14,245 $27,112
2017 $1,199 $40,885 $13,090 $27,795
2016 $949 $36,113 $8,085 $28,028
2015 $946 $35,223 $7,315 $27,908
2014 $918 $31,706 $7,700 $24,006
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $209,900 -- $186 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Trustee Deed $287,673 Servicelink Title
Trustee Deed $21,000 --
Bargain Sale Deed $271,490 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,192 Unknown
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2730664

Las Vegas REALTORS®

APN: 163-26-214-358