$197,000
SOLD SEP 11, 2020

5250 S Rainbow Blvd Unit 2120 Las Vegas, NV 89118

Spring Valley Neighborhood
2 Beds
2 Baths
1,034 Sq Ft
$262/mo HOA Fee

Recently Sold

$191 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Great Room
  • Gated Community
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of September 2020

* SPANISH PALMS * GUARD GATED CONDO * IMMACULATELY CLEAN * 2 BEDROOM * 2 BATHROOM * OVER SIZED 2 CAR ATTACHED GARAGE WITH DIRECT ENTRANCE INTO HOME * PRIVATE AND SECURE UPSTAIRS LOCATION * CONVENIENTLY LOCATED 4 MILES FROM THE FAMOUS LAS VEGAS STRIP * CLOSE TO RESTAURANTS, SHOPPING, SPRING VALLEY HOSPITAL, AND THE I 215 * HIGH CEILINGS * STAINLESS STEELE APPLIANCES * GRANITE COUNTERS * GAS FIREPLACE * PATIO W/BAR * VINYL WOOD PLANK FLOORING * REFRIGERATOR, WASHER, AND DRYER INCLUDED * COMMUNITY FEATURES INCLUDE TWO POOLS, FITNESS CENTER, PET PARK, PLAYGROUND, BBQ AREA, 24/7 SECURITY, AND ON SITE HOA OFFICE * LINK FOR 3D VIRTUAL TOUR * PRICED BELOW THE TWO MOST RECENT COMPS *

Last Agent to Sell the Property

William Santoro

Realty ONE Group, Inc License #S.0059235

Last Buyer's Agent

Wing Yim

Vegas Pro Realty LLC License #S.0034891

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $863

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Guest Parking
  • Open Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony

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

Community Details

Overview

  • Association fees include management, ground maintenance, recreation facilities, security, water
  • Spanish Palms Association, Phone Number (702) 487-6225
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$863

Year Built

Built in 1997

Lot Details

0

HOA Fees

$262 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condominium
  • Subdivision Name: Spanish Palms Condo
  • Directions: FROM TROPICANA AND RAINBOW: SOUTH ON RAINBOW. LEFT INTO THE SPANISH PALMS COMMUNITY, TO THE GUARD GATE. 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
  • 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: Gas, Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Linoleum, Vinyl
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
  • Living Area: 1034.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, In Garage, Main Level
  • 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, Pool, Guard, Security
  • Association Fee: 262.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-487-6225
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Recreation Facilities, 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
  • Additional Parcels Description: ---
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 863.0

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

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®

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

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

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

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Source: Las Vegas REALTORS®

MLS Number: 2218619

Las Vegas REALTORS®

APN: 163-26-214-240