$220,000
SOLD MAR 28, 2025

5250 S Rainbow Blvd Unit 2133 Las Vegas, NV 89118

1 Bed
1 Bath
744 Sq Ft
$377/mo HOA Fee

Recently Sold

$296 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Basketball Court
  • Fitness Center
  • Community Spa
  • Balcony

About This Home

As of March 2025

Completely upgraded, upstairs unit with one bedroom and one bathroom. Previous owner was an interior decorator, and it shows.

This community has it all for amenities as well as being guard gated. True resort style living.

Last Agent to Sell the Property

Michael Splaine

Wardley Real Estate Brokerage Phone: 702-256-4900 License #S.0168551 Listed on: 01/27/2025

Last Buyer's Agent

Robert Akopian

Archer Realty Group LLC License #B.0145722

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $959

Year Built

  • Built in 1997

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities

Community Details

Overview

  • Spanish Palm Association, Phone Number (702) 287-6225
  • Spanish Palms Condo Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$959

Year Built

Built in 1997

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5351
  • Subdivision Name: Spanish Palms Condo
  • Directions: From 215, North on Rainbow and right into Spanish Palms.
  • 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: 702-256-4900
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Gas Cooktop, 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: None
  • Living Area: 744.0

Exterior Features

  • Fencing: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Direction Faces: East
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Property Condition: Excellent, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Private, Guest

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Closet
  • 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

  • Senior Community: No
  • Amenities: Basketball Court, Fitness Center, Golf Course, Gated, Barbecue, Playground, Guard, Spa/Hot Tub
  • Association Fee: 377.0
  • Association Fee Frequency: Monthly
  • Association Name: spanish palm
  • Phone: 702-287-6225
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Cahlan, Marion,Cahlan, Marion
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 23308.0
  • Additional Parcels Description: ---
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 959.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 25, 2025
Sold by
Vargas Tommy
Bought by
Dicusar Filip
Seller's Agent
Michael Splaine
Wardley Real Estate
Buyer's Agent
Robert Akopian
Archer Realty Group LLC
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
20
Current Estimated Value
$214,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,327
Avg. Annual Appreciation
-5.67%
Original Mortgage
$209,000
Outstanding Balance
$208,291
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$6,382

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 3, 2024
Sold by
Anderson Bruce
Bought by
Vargas Tommy
Seller's Agent
Kristine Murray
Award Realty
Buyer's Agent
Michael Splaine
Wardley Real Estate
List Price
$227,500
Sold Price
$228,500
Premium/Discount to List
$1,000
0.44%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.75%

Purchase Details

Closed on
Nov 11, 2016
Sold by
Dk Spanish Palms Llc
Bought by
Anderson Bruce

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
Stand Alone Refi Refinance Of Original Loan
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 $220,000 Landmark Title
Bargain Sale Deed $228,500 Landmark Title
Bargain Sale Deed $139,900 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
Open $209,000 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 Purchase Money Mortgage
Previous Owner $39,400,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $220,000 +2.3% $296 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $215,000 -2.3% $289 / Sq Ft
02/08/2025 02/08/25 Price Changed $220,000 -4.3% $296 / Sq Ft
01/27/2025 01/27/25 For Sale $230,000 +0.7% $309 / Sq Ft
08/06/2024 08/06/24 Sold $228,500 +0.4% $307 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $227,500 -- $306 / 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 $959 $43,044 $19,040 $24,004
2024 $889 $43,044 $19,040 $24,004
2023 $889 $43,813 $21,560 $22,253
2022 $823 $37,158 $16,538 $20,620
2021 $763 $35,462 $15,488 $19,974
2020 $705 $35,465 $15,488 $19,977
2019 $661 $34,834 $14,963 $19,871
2018 $631 $29,121 $9,713 $19,408
2017 $845 $28,799 $8,925 $19,874
2016 $592 $25,572 $5,513 $20,059
2015 $589 $24,040 $4,988 $19,052
2014 $571 $18,884 $5,250 $13,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2649981

Las Vegas REALTORS®

APN: 163-26-214-271