$220,000
SOLD NOV 25, 2024

5250 S Rainbow Blvd Unit 2012 Las Vegas, NV 89118

Spring Valley Neighborhood
1 Bed
1 Bath
744 Sq Ft
$377/mo HOA Fee

Recently Sold

$296 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • Fitness Center
  • 0.54 Acre Lot
  • Furnished
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

As of November 2024

Beautiful one bedroom unit. Fully furnished, New furnace, air conditioning, hot water heater, garbage disposal, Oct 2021. New kitchen sink faucet, microwave, can lights, and painted cabinets Oct 2023. Granite countertops, One car garage with entry to the home. Community is centrally located with easy freeway access.

Last Agent to Sell the Property

Delinda Smith

SMG Realty Brokerage Phone: 702-382-1664 License #S.0050700 Listed on: 09/15/2024

Last Buyer's Agent

Jasmine Bega

Sphere Real Estate License #BS.0143185

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $927

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Drip System Landscaping
  • Property is in excellent condition

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • 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

  • Sprinkler System
  • Balcony

Community Details

Overview

  • Association fees include ground maintenance
  • 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
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$927

Year Built

Built in 1997

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5351
  • Subdivision Name: Spanish Palms Condo
  • Directions: From 215 fwy go North on Rainbow, pass Hacienda and guard gate entrance on the right before Tropicana.
  • 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
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-382-1664
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Area: 744.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Private, Guest

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper Level
  • 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, Barbecue, Pool, Guard, Spa/Hot Tub
  • Association Fee: 377.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-988-0321
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Earl, Marion B.,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: 927.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Nov 26, 2024
Sold by
Cook Michael H
Bought by
Cave Claudia
Seller's Agent
Delinda Smith
SMG Realty
Buyer's Agent
Jasmine Bega
Sphere Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Total Days on Market
50
Views
57
Current Estimated Value
$219,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57
Avg. Annual Appreciation
-0.05%
Original Mortgage
$216,015
Outstanding Balance
$215,200
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$4,743

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 31, 2021
Sold by
Sisneros John
Bought by
Cook Michael H
Seller's Agent
Frank Nason
Residential Resources Inc
Buyer's Agent
Rachel Gaston
eXp Realty
List Price
$195,000
Sold Price
$193,000
Premium/Discount to List
-$2,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$187,540
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
The Reserve Development Llc
Bought by
Sisneros John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,720
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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 $220,000 Wfg Title
Bargain Sale Deed $193,000 Chicago Title Las Vegas
Interfamily Deed Transfer -- Chicago Title Las Vegas
Bargain Sale Deed $175,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Previous Owner $187,540 FHA
Previous Owner $5,626 Unknown
Previous Owner $140,720 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $220,000 -0.9% $296 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $222,000 -1.3% $298 / Sq Ft
10/09/2024 10/09/24 For Sale $225,000 0.0% $302 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/15/2024 09/15/24 For Sale $225,000 +16.6% $302 / Sq Ft
09/01/2021 09/01/21 Sold $193,000 -1.0% $259 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $195,000 -- $262 / 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 $954 $43,044 $19,040 $24,004
2024 $927 $43,044 $19,040 $24,004
2023 $927 $43,813 $21,560 $22,253
2022 $900 $37,158 $16,538 $20,620
2021 $874 $35,462 $15,488 $19,974
2020 $809 $35,465 $15,488 $19,977
2019 $758 $34,834 $14,963 $19,871
2018 $723 $29,121 $9,713 $19,408
2017 $845 $28,799 $8,925 $19,874
2016 $678 $25,572 $5,513 $20,059
2015 $676 $24,040 $4,988 $19,052
2014 $655 $22,283 $5,250 $17,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2617859

Las Vegas REALTORS®

APN: 163-26-214-024