$309,000
SOLD OCT 30, 2024

5250 S Rainbow Blvd Unit 2092 Las Vegas, NV 89118

Spring Valley Neighborhood
3 Beds
2 Baths
1,131 Sq Ft
$377/mo HOA Fee

Recently Sold

$273 Per Sq Ft

3% Below List Price

73 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • 15,640 Sq Ft lot
  • Community Pool

About This Home

As of October 2024

This 3-bedroom, 2-bath condo is truly move-in ready, offering a turnkey experience in a beautifully maintained community. The condo features stunning dark wood vinyl plank floors, granite countertops, and sleek stainless steel kitchen appliances. Nothing was spared as upgrades include a new furnace, A/C unit, water heater, and completely revamped plumbing in the kitchen and bathrooms. Freshly painted with new blinds throughout, this home is ready for you! Open living room layout with a gas fireplace next to dining area and kitchen. Master bedroom has walk in closet, while additional bedrooms all have great windows and mirrored closets. Attached is a spacious two-car garage, and in-unit washer/dryer! Located in a central area close to shopping and freeway access. Spanish Palms offers top-notch amenities, guard gated with 24/7 security. Don’t miss your chance to live in this quiet community where pride of ownership shines! Contact me for more details and financing options!

Last Agent to Sell the Property

Mayra Kuhlman

BHHS Nevada Properties Brokerage Phone: (702) 769-3099 License #S.0197789 Listed on: 07/27/2024

BHHS Nevada Properties

Last Buyer's Agent

Jenny Minucci

BHHS Nevada Properties License #S.0174928

BHHS Nevada Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Desert Landscape
  • Property is in good condition

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Earl Elementary School
  • Sawyer Grant Middle School
  • Durango High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Above Ground Utilities

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, sewer, security
  • Spanish Palms Association, Phone Number (702) 988-0321
  • Spanish Palms Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,265

Year Built

Built in 1997

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Spanish Palms Condo
  • Directions: From I-215 W take rainbow exit and merge right. Continue on rainbow blvd, after crossing hacienda ave take immediate right into spanish Palms guard gated entrance.
  • 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) 769-3099
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Luxury VinylPlank
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1131.0

Exterior Features

  • Fencing: None
  • Lot Features: Desert Landscaping, Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Direction Faces: West
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Good Condition, Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Private, Guest

Utilities

  • Laundry Features: Electric 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: Above Ground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Dog Park, Fitness Center, Golf Course, Gated, Barbecue, Playground, 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, Recreation Facilities, Sewer, 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: 15640.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1265.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Oct 17, 2024
Sold by
Crabb Brent P
Bought by
Back Jacob and Watson Rose
Seller's Agent
Mayra Kuhlman
BHHS Nevada Properties
Buyer's Agent
Jenny Minucci
BHHS Nevada Properties
List Price
$317,999
Sold Price
$309,000
Premium/Discount to List
-$8,999
-2.83%
Total Days on Market
73
Views
18
Current Estimated Value
$311,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,041
Avg. Annual Appreciation
1.14%
Original Mortgage
$299,730
Outstanding Balance
$297,948
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$13,093

Purchase Details

Listed on
Jul 2, 2015
Closed on
May 15, 2015
Sold by
Dk Spanish Palms Llc
Bought by
Crabb Brent D
Seller's Agent
Darcy Barajas
Realty Now
Buyer's Agent
Ronald Lewis
Platinum Real Estate Prof
List Price
$150,900
Sold Price
$150,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Spanish Palms Marketing Llc
Bought by
Dk Spanish Palms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,640,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 14, 2011
Sold by
The Reserve Development Llc
Bought by
Spanish Palms Marketing Llc
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 $309,000 First American Title Insurance
Bargain Sale Deed $150,900 First American Title Ins
Bargain Sale Deed $19,000,000 First American Title Insura
Trustee Deed $5,500,000 Stewart Title Las Vegas War
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,730 New Conventional
Previous Owner $12,000 Credit Line Revolving
Previous Owner $38,640,000 Unknown
Previous Owner $23,450,000 Unknown
Previous Owner $11,200,000 Purchase Money Mortgage
Previous Owner $39,400,000 Unknown
Previous Owner $137,735,100 Loan Amount Between One & Nine Billion
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $309,000 0.0% $273 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/02/2024 09/02/24 Price Changed $309,000 -2.8% $273 / Sq Ft
07/27/2024 07/27/24 For Sale $317,999 0.0% $281 / Sq Ft
06/05/2018 06/05/18 For Rent $1,400 0.0% --
06/05/2018 06/05/18 Rented $1,400 0.0% --
07/06/2015 07/06/15 Sold $150,900 0.0% $133 / Sq Ft
07/02/2015 07/02/15 For Sale $150,900 -- $133 / 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 $1,366 $59,998 $26,180 $33,818
2024 $1,265 $59,998 $26,180 $33,818
2023 $1,265 $60,972 $29,645 $31,327
2022 $1,172 $54,336 $25,358 $28,978
2021 $1,085 $50,841 $22,715 $28,126
2020 $1,005 $50,666 $22,715 $27,951
2019 $942 $49,720 $21,945 $27,775
2018 $899 $41,347 $14,245 $27,102
2017 $1,199 $40,875 $13,090 $27,785
2016 $842 $36,103 $8,085 $28,018
2015 $839 $35,212 $7,315 $27,897
2014 -- $26,908 $7,700 $19,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2603621

Las Vegas REALTORS®

APN: 163-26-214-186