$204,000
SOLD MAY 9, 2025

5250 S Rainbow Blvd Unit 2056 Las Vegas, NV 89118

1 Bed
1 Bath
744 Sq Ft
$432/mo HOA Fee

Recently Sold

$274 Per Sq Ft

3% Below List Price

87 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1 Car Attached Garage
  • Clubhouse
  • Balcony
  • Double Pane Windows

About This Home

As of May 2025

Luxury condo in a prestigious guard-gated community. Features travertine flooring in the kitchen and bathroom, laminate floors in the living area and bedroom, and granite countertops with stainless steel appliances. Decorated in neutral colors, the living room boasts a cozy gas fireplace. Enjoy the convenience of direct access to a one-car garage and a spacious balcony. The beautiful complex offers resort-style amenities, including a pool, BBQ area, weight room, and clubhouse. Conveniently located with easy access to the Las Vegas Strip, the 215 freeway, and Harry Reid Airport. Water, sewer, and trash included in HOA fee.

Last Agent to Sell the Property

Kami Zargari

Triumph Property Management Co Brokerage Phone: 702-367-2323 License #B.1000830 Listed on: 01/20/2025

Last Buyer's Agent

Olivia Rascon Casas

Realty of America LLC License #S.0196235

Realty of America LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Landscaped
  • Property is in good condition

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Tile Roof

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

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
  • Underground Utilities

Additional Features

  • Energy-Efficient Windows
  • Balcony

Community Details

Overview

  • Association fees include management, sewer, trash, 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
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,005

Year Built

Built in 1997

Lot Details

0

HOA Fees

$432 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: From Tropicana & Rainbow, South on Rainbow, East into Spanish Palms just before Hacienda. Through gate to the right, unit 2056 on the left at the end
  • 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
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 702-367-2323
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Window Treatments
  • Living Area: 744.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage

Utilities

  • Laundry Features: Gas Dryer Hookup, Upper Level
  • 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: Clubhouse, Fitness Center, Barbecue, Pool, Spa/Hot Tub
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-988-0321
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Sewer, Trash, 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: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1005.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
May 7, 2025
Sold by
Hay David
Bought by
Martinez Jaime Rosas and Araiza Reyna Rivera
Seller's Agent
Kami Zargari
Triumph Property Management Co
Buyer's Agent
Olivia Rascon Casas
Realty of America LLC
List Price
$210,000
Sold Price
$204,000
Premium/Discount to List
-$6,000
-2.86%
Views
1937
Current Estimated Value
$209,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,100
Avg. Annual Appreciation
6.37%
Original Mortgage
$183,600
Outstanding Balance
$182,950
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$26,150

Purchase Details

Closed on
Apr 24, 2006
Sold by
The Reserve Development Llc
Bought by
Hay David

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
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Bargain Sale Deed $204,000 Wfg National Title
Quit Claim Deed -- Wfg National Title
Bargain Sale Deed $176,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,600 New Conventional
Previous Owner $141,520 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2025 05/09/25 Sold $204,000 +2.5% $274 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $199,000 -4.8% $267 / Sq Ft
03/18/2025 03/18/25 Price Changed $209,000 -0.5% $281 / Sq Ft
01/20/2025 01/20/25 For Sale $210,000 0.0% $282 / Sq Ft
12/17/2020 12/17/20 Rented $1,100 0.0% --
11/17/2020 11/17/20 Under Contract -- -- --
10/28/2020 10/28/20 For Rent $1,100 +10.0% --
01/31/2020 01/31/20 Rented $1,000 -13.0% --
01/01/2020 01/01/20 Under Contract -- -- --
10/22/2019 10/22/19 For Rent $1,150 -- --
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 $1,085 $43,044 $19,040 $24,004
2024 $1,005 $43,044 $19,040 $24,004
2023 $669 $43,813 $21,560 $22,253
2022 $931 $37,158 $16,538 $20,620
2021 $862 $35,462 $15,488 $19,974
2020 $798 $35,465 $15,488 $19,977
2019 $748 $34,834 $14,963 $19,871
2018 $714 $29,121 $9,713 $19,408
2017 $845 $28,799 $8,925 $19,874
2016 $669 $25,572 $5,513 $20,059
2015 $667 $24,040 $4,988 $19,052
2014 $647 $22,283 $5,250 $17,033
Source: Public Records

Agents Affiliated with this Home

  • Kami Zargari

    Seller's Agent in 2025

    Kami Zargari

    Triumph Property Management Co

    (702) 367-2323

    164 Total Sales

    Kami Zargari
    Section Image

  • O

    Buyer's Agent in 2025

    Olivia Rascon Casas

    Realty of America LLC

    (702) 913-5342

    17 Total Sales

    Olivia Rascon Casas
    Section Image

  • D

    Seller's Agent in 2020

    Debra Ballard

    Ballard Realty Group

    (702) 570-6400

    43 Total Sales

    Debra Ballard
    Section Image
  • debbie Lopez

    Buyer's Agent in 2020

    debbie Lopez

    eXp Realty

    (702) 528-5324

    13 Total Sales

    debbie Lopez
    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2648083

Las Vegas REALTORS®

APN: 163-26-214-112

Nevada Clark County Las Vegas 89118

5250 S Rainbow Blvd Unit 2056, Las Vegas, NV

This home is located at 5250 S Rainbow Blvd Unit 2056, Las Vegas, NV 89118 and is currently priced at $204,000, approximately $274 per square foot. This property was built in 1997. 5250 S Rainbow Blvd Unit 2056 is a home located in Clark County with nearby schools including Marion B Earl Elementary School, Grant Sawyer Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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