NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 2032 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $285,000 - $297,000

2 Beds
2 Baths
1,034 Sq Ft
$262/mo HOA Fee

Last Sold April 28, 2021

Last sale price $215,000 $208 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,984/month

25 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 2 Car Attached Garage
  • Gated Community
  • Balcony
  • Security Guard

About This Home

As of April 2021

Guard Gated Spanish Palms Community. 2 bedrooms, 2 Bath, 2 Car Garage Condo with direct access. Granite Counter-tops, fireplace, refrigerator, washer and dryer included. Pools, fitness center, BBQ area, on site HOA.

Last Agent to Sell the Property

Jason Smith

Jsmitty Vegas Realty LLC License #B.1003134 Listed on: 04/02/2021

Last Buyer's Agent

Natasha Kattau

Coldwell Banker Premier License #BS.0144941

Coldwell Banker Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $987

Year Built

  • Built in 1997

Lot Details

  • North Facing Home
  • Drip System Landscaping
  • Front Yard
  • Property is in excellent condition

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Gas Cooktop
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • 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
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Balcony

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security
  • Spanish Palms Association, Phone Number (702) 487-6225
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$987

Year Built

Built in 1997

Lot Details

0

HOA Fees

$262 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: Tropicana and Rainbow go South on Rainbow. Left into Spanish Palms Community to Guard Gate.
  • 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
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: None
  • Living Area: 1034.0

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Open

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper 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: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Fitness Center, Gated, Pool, Guard
  • Association Fee: 262.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-487-6225
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 1034.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 987.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 26, 2021
Sold by
Giouzelis Sotiros
Bought by
Dovnar Larisa and Dzemski Ihar
Seller's Agent
Jason Smith
Jsmitty Vegas Realty LLC
Buyer's Agent
Natasha Kattau
Coldwell Banker Premier
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$292,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,505
Avg. Annual Appreciation
7.80%

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 23, 2019
Sold by
Liumai Cathylnne
Bought by
Giouzelis Sotiros
Seller's Agent
Marina (Minnie) Blanco
BHHS Nevada Properties
Buyer's Agent
Dawn Holmes
Holmes Realty LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$129,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2014
Sold by
Cathrylnne Liumai Llc
Bought by
Liumai Cathyinne

Purchase Details

Closed on
Jan 21, 2012
Sold by
Li Ann Song Kun
Bought by
Cathylnne Liumai Llc and Candi Liumai Llc

Purchase Details

Closed on
Dec 15, 2010
Sold by
Liumai Cathylnne
Bought by
Lia Ann Song Kun and Liu Jian

Purchase Details

Closed on
Mar 24, 2006
Sold by
The Reserve Development Llc
Bought by
Liumai Cathylnne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Dovnar Larisa $215,000 Ticor Title Las Vegas Sum
Giouzelis Sotiros $185,000 Chicago Title Las Vegas
Liumai Cathyinne $92,020 None Available
Cathylnne Liumai Llc $40,000 None Available
Lia Ann Song Kun $120,000 Fidelity National Title Las
Liumai Cathylnne $239,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giouzelis Sotiros $129,500
Previous Owner Liumai Cathylnne $185,000
Previous Owner Liumai Cathylnne $191,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $215,000 0.0% $208 / Sq Ft
04/02/2021 04/02/21 For Sale $215,000 +16.2% $208 / Sq Ft
10/11/2019 10/11/19 Sold $185,000 -5.1% $179 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $195,000 0.0% $189 / Sq Ft
07/29/2016 07/29/16 Rented $1,100 -8.3% --
06/29/2016 06/29/16 Under Contract -- -- --
06/14/2016 06/14/16 For Rent $1,200 +26.3% --
09/02/2012 09/02/12 For Rent $950 0.0% --
09/02/2012 09/02/12 Rented $950 -- --
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 $1,220 $54,704 $23,800 $30,904
2024 $1,185 $54,704 $23,800 $30,904
2023 $1,243 $55,579 $26,950 $28,629
2022 $1,151 $48,526 $22,050 $26,476
2021 $1,066 $46,349 $20,650 $25,699
2020 $987 $46,232 $20,650 $25,582
2019 $958 $45,360 $19,950 $25,410
2018 $930 $37,745 $12,950 $24,795
2017 $1,095 $37,349 $11,900 $25,449
2016 $882 $32,999 $7,350 $25,649
2015 $879 $32,207 $6,650 $25,557
2014 $852 $29,063 $7,000 $22,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2283906

Las Vegas REALTORS®

APN: 163-26-214-064