$228,500
SOLD AUG 6, 2024

5250 S Rainbow Blvd Unit 2133 Las Vegas, NV 89118

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

Recently Sold

$307 Per Sq Ft

3 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Balcony
  • Gated Community
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of March 2025

RESORT STYLE LIVING IN THE GUARD GATED SPANISH PALMS COMMUNITY! Amazing Designer One Bedroom Condo**2nd Floor**with Desirable Attached 1 Car Garage! Very Well Maintained and Upgraded Unit! Beautiful Waterproof Luxury Vinyl Plank Flooring, Updated Lighting and a Custom Gas Fireplace in the Living Room! Kitchen Features Custom Cabinets, Gorgeous Caesarstone Countertops, Stainless Steel Appliances and a Granite Sink. Spacious Bedroom with a Custom Closet! Updated Bathroom with a Stylish Vanity and Large Walk In Shower! Lovely Covered Patio that Creates Indoor/Outdoor Space! Washer and Dryer Inside the Unit! Spectacular Oversized Garage with Epoxy Floors and Storage Cabinets. Beautiful Community with Pools, Fitness Center and Clubhouse. Convenient Central Location Near Shopping, Dining and Just Minutes from the STRIP!

Last Agent to Sell the Property

Kristine Murray

Award Realty Brokerage Phone: (702) 575-2109 License #BS.0146454 Listed on: 07/09/2024

Last Buyer's Agent

Michael Splaine

Wardley Real Estate License #S.0168551

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $889

Year Built

  • Built in 1997

Lot Details

  • East Facing Home
  • Landscaped
  • Property is in good 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
  • Window Treatments
  • 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

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include management, trash
  • Spanish Palms Association, Phone Number (702) 287-6225
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$889

Year Built

Built in 1997

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: From 215, N on Rainbow, 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) 575-2109
  • 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: Window Treatments
  • Living Area: 744.0
  • Window Features: Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • 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: 1.0
  • Parking Features: Attached, Garage, Private, Guest

Utilities

  • Laundry Features: Electric 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: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Guard, Spa/Hot Tub, Security
  • Association Fee: 377.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-287-6225
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Trash

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: 889.0

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
$217,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,721
Avg. Annual Appreciation
-3.59%
Original Mortgage
$209,000
Outstanding Balance
$209,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$8,279

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

Similar Homes in Las Vegas, NV

  • 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
  • 4843 S Torrey Pines Dr Unit 101, Las Vegas, NV 89103

    $245,000

    • 2 Beds
    • 2 Baths
    • 884 Sq Ft
    • 4843 S Torrey Pines Dr
    • Unit 101
    • Las Vegas, NV

    Move-In Ready Spring Valley Condo at Los Verdes! This immaculate 2BR/2BA first-floor unit offers 884 sq ft of comfortable living with stunning hardwood floors and fresh white finishes throughout. The updated galley kitchen features white cabinetry, a gas range, brand-new countertops, sink, and faucet, plus plenty of storage—perfect for cooking and entertaining. Enjoy the ease of ground-level

    Ryan Crighton Rothwell Gornt Companies

    Section Image
  • 5000 Red Rock St Unit 259, Las Vegas, NV 89118

    $269,900

    • 2 Beds
    • 2 Baths
    • 1,212 Sq Ft
    • 5000 Red Rock St
    • Unit 259
    • Las Vegas, NV

    Welcome to this beautifully maintained 2-bedroom, 2-bath condo in a gated community just minutes from shopping, dining, and the Las Vegas Strip. Enjoy resort-style amenities including a pool, spa, and gym.The open layout features a seamless flow between the kitchen, dining area, and living room, centered around a cozy gas fireplace. The living room opens to a private balcony with a peaceful view

    James Sharp SimpliHOM

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

    $240,000

    • 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
  • 5097 Indian River Dr Unit 172, Las Vegas, NV 89103

    $260,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft
    • 5097 Indian River Dr
    • Unit 172
    • Las Vegas, NV

    Charming Two-Bedroom Condo in Prime Location! This beautifully updated second-floor condo offers the perfect blend of modern living and convenience. Featuring two spacious bedrooms, this unit is designed for both comfort and style. The fully updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, making it a chef's delight. The dining area is perfect for

    Roya Khavari Habibi Signature Real Estate Group

    Section Image
  • 7950 W Flamingo Rd Unit 1081, Las Vegas, NV 89147

    $244,900

    • 2 Beds
    • 2 Baths
    • 1,023 Sq Ft
    • 7950 W Flamingo Rd
    • Unit 1081
    • Las Vegas, NV

    BEAUTIFUL CONDO IN A GATED COMMUNITY WITH AMAZING RESORT STYLE AMENITIES, INCLUDING A SPARKLING COMMUNITY POOL, RELAXING SPA, AND MORE! THIS HOME FEATURES A BRIGHT, OPEN, AND AIRY FLOOR PLAN. LOW MAITENCE WIDE-PLANKED PORECLAIN TILE FLOORING THROUGHOUT! THE RENOVATED KITCHEN OFFERS A BREAKFAST BAR, A SPACIOUS PANTRY, AND A DINING AREA. THE PRIMARY BEDROOM IS A PEACEFUL RETREAT WITH A CEILING FAN

    Rick Brenkus Keller Williams MarketPlace

    Section Image
  • 7185 S Durango Dr Unit 213, Las Vegas, NV 89113

    $239,999

    • 1 Bed
    • 1 Bath
    • 823 Sq Ft
    • 7185 S Durango Dr
    • Unit 213
    • Las Vegas, NV

    GREAT 1 BEDROOM 1 BATH CONDO IN VISTANA. 1 CAR ATTACHED GARAGE W/ OPENER. UPSTAIRS UNIT. OPEN FLOORPLAN. PRIMARY BEDROOM WITH WALK IN CLOSET. CARPET & VINYL FLOORING. GATED COMMUNITY, WITH COMMUNITY POOLS & SPAS, EXERCISE ROOM AND BBQ AREAS. MUST SEE!! GREAT UNIT!!

    Geoffrey Lavell THE Brokerage A RE Firm

    Section Image

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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 2598324

Las Vegas REALTORS®

APN: 163-26-214-271