NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 2045 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $214,000 - $220,000

1 Bed
1 Bath
744 Sq Ft
$253/mo HOA Fee

Last Sold June 22, 2018

Last sale price $150,000 $202 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,496/month

34 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Porch
  • Gated Community
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of June 2018

Here is your RARE 1-Bedroom condo in Spanish Palms, set away from Rainbow Blvd! Extremely well-kept w/ all appliances included! Kitchen has granite, upgraded pantry w/ slide-out drawers, more! Newer AC, Nest, Bdrm has walk-in closet w/ custom built-ins. Oversized ATTACHED garage has built-in shelving, epoxy, & wall organizers. Great guard-gated neighborhood with pools, gym, clubhouse, & more! Close to shopping, hospital, airport, strip & more!

Last Agent to Sell the Property

Robert Andy Stahl

Raintree Real Estate License #B.0144071 Listed on: 04/18/2018

Last Buyer's Agent

Sheng Ong

Compass Realty & Management License #S.0177856

Compass Realty & Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $678

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Landscaped
  • Front Yard
  • Property is in very good condition

HOA Fees

  • $253 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Workshop in Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Porch

Schools

  • Earl Marion B* Elementary School
  • Sawyer Grant* Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, security
  • Spanish Palms Bbcm Association, Phone Number (702) 953-2226
  • Spanish Palms Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$678

Year Built

Built in 1997

Lot Details

0

HOA Fees

$253 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SPANISH PALMS CONDO
  • Directions: South on Rainbow from Tropicana, Left into Spanish Palms neighborhood, thru gate, right, left at T, 1st right, straight or 1st right to parking lots.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Doors, Windows
  • 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

  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Glass Doors, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 744.0
  • Window Features: Blinds, Double Pane Windows, Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Front Yard, Landscaped, None, Rocks
  • Pool Features: Community
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Guest, Private, Storage, Workshop in Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • 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, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Pool, Guard
  • Association Fee: 253.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms - BBCM
  • Phone: 702-953-2226
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, 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

  • Current Use: Residential
  • Horse Amenities: None
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 678.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 29, 2018
Sold by
Chow Chang Kwong
Bought by
Cheung Ngan Che
Seller's Agent
Robert Andy Stahl
Raintree Real Estate
Buyer's Agent
Sheng Ong
Compass Realty & Management
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Total Days on Market
34
Current Estimated Value
$216,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,851
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 24, 2018
Sold by
Cartwright Peter E
Bought by
Cheung Ngan Chu
Seller's Agent
Robert Andy Stahl
Raintree Real Estate
Buyer's Agent
Sheng Ong
Compass Realty & Management
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Purchase Details

Closed on
Nov 17, 2011
Sold by
Cartwright Peter E
Bought by
Cartwright Peter E and Peter E Cartwright Family Trust

Purchase Details

Closed on
Apr 15, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cartwright Peter E

Purchase Details

Closed on
Oct 7, 2008
Sold by
Lee Keith C and Lee Eva
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 24, 2006
Sold by
The Reserve Development Llc
Bought by
Lee Keith C and Lee Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,520
Interest Rate
6.55%
Mortgage Type
Unknown
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
Cheung Ngan Che -- Fidelity National Title
Cheung Ngan Chu $150,000 Fidelity National Title
Cartwright Peter E -- None Available
Cartwright Peter E $73,000 Fidelity National Title Las
Federal Home Loan Mortgage Corporation $64,582 First American National Defa
Lee Keith C $176,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Keith C $141,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $150,000 -5.7% $202 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $159,000 -- $214 / 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 $1,100 $43,044 $19,040 $24,004
2024 $1,019 $43,044 $19,040 $24,004
2023 $1,019 $43,813 $21,560 $22,253
2022 $944 $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: 1985715

Las Vegas REALTORS®

APN: 163-26-214-095