$264,900
$20K PRICE DROP

5250 S Rainbow Blvd Unit 2120 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated payment $2,005/month

Total Views 5,647
2 Beds
2 Baths
1,034 Sq Ft
$256 Price per Sq Ft

Highlights

  • Fitness Center
  • 0.36 Acre Lot
  • Community Pool
  • Gated Community
  • Clubhouse
  • Balcony

About This Home

Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the highly sought-after guard-gated Spanish Palm Community! This private upstairs unit offers both security and convenience, with an oversized two-car attached garage providing direct access to the home. Step inside to find vinyl wood flooring, a cozy gas fireplace, and a stylish kitchen with granite countertops and stainless steel appliances. The open-concept living area extends to a private balcony, perfect for morning coffee or evening relaxation. All appliances are included, making this home truly move-in ready. Residents enjoy resort-style amenities, including two sparkling pools, a fitness center, a pet park, a playground, BBQ areas, 24/7 security, and an on-site HOA office. Don’t miss this opportunity—schedule your showing today!

Listing Agent

Aubrey Huerbana

Vegas Pro Realty LLC Brokerage Phone: 702-333-1878 License #S.0192362

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1997

Lot Details

  • East Facing Home
  • Desert Landscape

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • 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
  • Underground Utilities

Community Details

Overview

  • Association fees include management, ground maintenance, security, 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
  • Park
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,252

Year Built

Built in 1997

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.3649
  • Subdivision Name: Spanish Palms Condo
  • Directions: FROM TROPICANA AND RAINBOW: SOUTH ON RAINBOW. LEFT INTO THE SPANISH PALMS COMMUNITY, TO THE GUARD GATE. MAKE A LEFT, FOLLOW THE PAVED ROAD TO THE BACK TOWARDS THE BACK OF THE COMMUNITY. THE PROPERTY IS LOCATED IN BUILDING #24
  • 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: 702-333-1878
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Linoleum, Vinyl
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 1034.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Inside Entrance, Private

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Dog Park, Fitness Center, Gated, Barbecue, Park, Pool, Guard
  • 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, Maintenance Grounds, Security, Water

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: 15897.0
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1252.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,252 $54,704 $23,800 $30,904
2024 $1,160 $54,704 $23,800 $30,904
2023 $1,160 $55,579 $26,950 $28,629
2022 $1,074 $48,526 $22,050 $26,476
2021 $995 $46,349 $20,650 $25,699
2020 $921 $46,232 $20,650 $25,582
2019 $863 $45,360 $19,950 $25,410
2018 $824 $37,745 $12,950 $24,795
2017 $1,095 $37,349 $11,900 $25,449
2016 $772 $32,999 $7,350 $25,649
2015 $769 $32,207 $6,650 $25,557
2014 $745 $24,660 $7,000 $17,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 Price Changed $264,900 -1.5% $256 / Sq Ft
04/18/2025 04/18/25 Price Changed $269,000 -1.3% $260 / Sq Ft
03/29/2025 03/29/25 Price Changed $272,500 -0.9% $264 / Sq Ft
03/21/2025 03/21/25 Price Changed $275,000 -1.8% $266 / Sq Ft
03/06/2025 03/06/25 Price Changed $280,000 -1.8% $271 / Sq Ft
02/08/2025 02/08/25 For Sale $285,000 +44.7% $276 / Sq Ft
09/11/2020 09/11/20 Sold $197,000 -1.5% $191 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $199,900 -- $193 / Sq Ft
Source: Las Vegas REALTORS®

Deed History

Date Type Sale Price Title Company
Bargain Sale Deed $197,000 Lawyers Title Chinatown L
Bargain Sale Deed $169,000 First American Title Ins
Bargain Sale Deed $19,000,000 First American Title Insura
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,200 New Conventional
Previous Owner $38,640,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $23,450,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $11,200,000 Unknown
Previous Owner $39,400,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Similar Homes in Las Vegas, NV

  • 5250 S Rainbow Blvd Unit 1144, Las Vegas, NV 89118

    $220,000

    • 1 Bed
    • 1 Bath
    • 744 Sq Ft
    • 5250 S Rainbow Blvd
    • Unit 1144
    • Las Vegas, NV

    This great 1 bedroom, 1 bathroom, 1st Floor condo in a guard gated community comes complete w/ an attached 1 car garage, kitchen w/ granite countertops & stainless-steel appliances, family room w/ fireplace, good sized primary bedroom w/ mirrored closet door, cozy patio & the beautiful grounds offer a community pool, spa, clubhouse, fitness center & so much more! You will love this central

    Harvey Blankfeld BHHS Nevada Properties

    Section Image
  • 4865 S Torrey Pines Dr Unit 106, Las Vegas, NV 89103

    $269,900

    • 2 Beds
    • 2 Baths
    • 942 Sq Ft
    • 4865 S Torrey Pines Dr
    • Unit 106
    • Las Vegas, NV

    Discover the allure of this charming ground floor condo boasting a delightful private patio and a cozy fireplace in the inviting living room. Recently adorned with a fresh coat of paint, the well-designed layout places the bedrooms on opposite sides of the living room for enhanced privacy and comfort. Conveniently situated with its entrance on Tropicana, this residence occupies the prime position

    Gwendolyn Lion Love Las Vegas Realty

    Section Image
  • 4869 S Torrey Pines Dr Unit 101, Las Vegas, NV 89103

    $225,000

    • 2 Beds
    • 2 Baths
    • 884 Sq Ft
    • 4869 S Torrey Pines Dr
    • Unit 101
    • Las Vegas, NV

    **PRICED TO SELL** Welcome to this delightful and spacious first-floor corner unit, now available for a discerning buyer. This home is in pristine condition, featuring maintenance-free flooring in the main living areas. The large living room includes a cozy gas fireplace and opens up to a HUGE private covered patio.. The patio also houses a relatively new water heater and a convenient stackable

    Erik Newkirk Keller Williams MarketPlace

    Section Image
  • 4955 Lindell Rd Unit H130, Las Vegas, NV 89118

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,202 Sq Ft
    • 4955 Lindell Rd
    • Unit H130
    • Las Vegas, NV

    GATED 1ST FLOOR CONDO FEATURING 3 BEDROOMS & 2 BATHS! FORMAL LIVING ROOM & OPEN CONCEPT LAYOUT! GOURMET KITCHEN INCLUDES STAINLESS STEEL APPLIANCES, BUILT-IN MICROWAVE, GRANITE COUNTERTOPS, BREAKFAST BAR/COUNTER & EATING AREA! HUGE PRIMARY SUITE FEATURES 2 SINKS, FULL BATH & WALK-IN CLOSET! ALL ROOMS INCLUDE CEILING FANS! PRIVATE COVERED PATIO WITH STORAGE AREA! LAMINATE & TILE FLOORS THROUGHOUT

    Rick Brenkus Keller Williams MarketPlace

    Section Image
  • 8070 W Russell Rd Unit 2121W, Las Vegas, NV 89113

    $230,000

    • 2 Beds
    • 2 Baths
    • 948 Sq Ft
    • 8070 W Russell Rd
    • Unit 2121W
    • Las Vegas, NV

    NEWER CARPET! NEWER VINYL! NEWER PAINT! WONDERFUL LOCATION WITH COMMUNITY POOL, CONVENIENT COVERED PARKING SPACE JUST IN FRONT OF THE UNIT, ATTENTIVE COMMUNITY MANAGEMENT, GREAT COMMUNITY MAINTENANCE AND MORE! THE HOME IS CURRENTLY RENTED, BUT IS AVAILABLE FOR OWNER OCCUPANT OR EXTENDED TENANCY, IDEAL FOR INVESTORS.

    Geoffrey Lavell THE Brokerage A RE Firm

    Section Image
  • 6250 W Flamingo Rd Unit 43, Las Vegas, NV 89103

    $325,000

    • 2 Beds
    • 2.5 Baths
    • 1,424 Sq Ft
    • 6250 W Flamingo Rd
    • Unit 43
    • Las Vegas, NV

    This spacious 2-bedroom, 2.5-bath condo features a bright, open-concept layout perfect for modern living. The kitchen showcases white cabinetry, sleek quartz countertops, and stainless steel appliances. Tile flooring flows throughout the downstairs area, providing durability and style, while luxury vinyl flooring upstairs adds comfort and elegance. The primary bedroom includes a private balcony,

    Jason Aguirre Huntington & Ellis, A Real Est

    Section Image
  • 5415 W Harmon Ave Unit 1074, Las Vegas, NV 89103

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,006 Sq Ft
    • 5415 W Harmon Ave
    • Unit 1074
    • Las Vegas, NV

    Modern and move-in ready, this updated condo features an open floor plan with modern finishes throughout. The kitchen includes quartz countertops, stainless steel appliances, an extended breakfast bar, and luxury vinyl flooring. The primary suite offers a remodeled bathroom with double sinks and a free-standing soaking tub. The second bathroom features a stylish tiled walk-in shower. The living

    Nina Grozav Wardley Real Estate

    Section Image
  • 5125 W Reno Ave Unit 2071, Las Vegas, NV 89118

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,108 Sq Ft
    • 5125 W Reno Ave
    • Unit 2071
    • Las Vegas, NV

    Great location minutes from the strip! This 2 bed 2 full bath condo WITH garage, has a balcony and small loft. Within a gated community that has a POOL and exercise room. Come make this your home today!

    Miguel Sanchez Wardley Real Estate

    Section Image
  • 5241 Janfred Ct Unit 26, Las Vegas, NV 89103

    $250,000

    • 2 Beds
    • 2 Baths
    • 852 Sq Ft
    • 5241 Janfred Ct
    • Unit 26
    • Las Vegas, NV

    This beautifully updated 2-bedroom condo features beautiful wood laminate flooring throughout, fresh baseboards, and a convenient laundry closet. All furniture & tv's convey with the sale of the home! The modern kitchen boasts stainless steel appliances, sleek quartz countertops, and soft-close cabinets. Gorgeous drop in kitchen sink and quartz countertops. Step out onto your balcony for stunning

    Nathan Petrosian Realty ONE Group, Inc

    Section Image

Source: Las Vegas REALTORS®

MLS Number: 2654649

Las Vegas REALTORS®

APN: 163-26-214-240