$199,000
PENDING $11K PRICE DROP

5250 S Rainbow Blvd Unit 2056 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated payment $1,620/month

Total Views 329,209
1 Bed
1 Bath
744 Sq Ft
$267 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Kami Zargari

Triumph Property Management Co Brokerage Phone: 702-367-2323 License #B.1000830

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Landscaped

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: 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

Map

Range of Values:

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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 $1,085 $43,044 $19,040 $24,004
2024 $1,005 $43,044 $19,040 $24,004
2023 $1,005 $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

Property History

Date Event Price Change Sq Ft Price
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®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $176,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $28,152,000 Unknown
Closed $141,520 New Conventional
Source: Public Records

About the Listing Agent

Kami Zargari

Triumph Property Management Co

(725) 525-0784

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Source: Las Vegas REALTORS®

MLS Number: 2648083

Las Vegas REALTORS®

APN: 163-26-214-112