$230,000
$10K PRICE DROP

5250 S Rainbow Blvd Unit 2138 Las Vegas, NV 89118

Estimated payment $1,725/month

Total Views 1,726
1 Bed
1 Bath
744 Sq Ft
$309 Price per Sq Ft

Highlights

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

About This Home

This exceptional one-bedroom condominium is situated in a corner unit, that offers privacy. Community is guard-gated, offering a unique blend of security, comfort and style. Property includes an attached garage, allowing for convenient parking and direct access to your NEW home. The beautiful kitchen includes, stainless steel appliances, very well maintained, while the spacious living room features a cozy fireplace and balcony access. This unit includes a separate dining room area, vinyl plank flooring throughout, and a washer and dryer. Community amenities include a pool, excersize room, various walk ways, perfect for walks, recreation and some perfect relaxation.

Listing Agent

Yesica Quiles

Simply Vegas Brokerage Phone: (702) 635-4002 License #S.0190974 Listed on: 09/24/2025

Simply Vegas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $959

Year Built

  • Built in 1997

Lot Details

  • North Facing Home
  • Desert Landscape

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

  • 744 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Balcony

Community Details

Overview

  • Association fees include management, ground maintenance, sewer
  • Spanish Palms Association, Phone Number (702) 988-0321
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • 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

$432 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5351
  • Ownership: Condominium
  • Subdivision Name: Spanish Palms Condo
  • Directions: 215 Rainbow exit #16, South on Rainbow into Spanish Palms Community. Make a left after the guard gate, follow the road, then make another left. Veer slightly to the right.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Windows
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: RESALE
  • Year Built: 1997
  • Property Sub Type Additional: Condominium
  • Attribution Contact: (702) 635-4002
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Ceiling Fan(s), Window Treatments
  • Living Area: 744.0
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper 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, Fitness Center, Gated, Pool, Guard, Spa/Hot Tub
  • Association Fee: 432.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms
  • Phone: 702-988-0321
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Grounds, Sewer

Schools

  • Elementary School: Earl, Marion B.,Lundy, Earl B.
  • 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

Rental Info

  • Land Lease Amount: 2100.0

Tax Info

  • Tax Annual Amount: 959.0

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

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2025 10/07/25 Price Changed $230,000 -4.2% $309 / Sq Ft
09/24/2025 09/24/25 For Sale $240,000 0.0% $323 / Sq Ft
06/27/2025 06/27/25 Rented $1,400 0.0% --
06/19/2025 06/19/25 Under Contract -- -- --
05/27/2025 05/27/25 Price Changed $1,400 -6.7% $2 / Sq Ft
05/02/2025 05/02/25 Price Changed $1,500 -4.8% $2 / Sq Ft
04/28/2025 04/28/25 Price Changed $1,575 -1.6% $2 / Sq Ft
04/07/2025 04/07/25 Price Changed $1,600 -5.9% $2 / Sq Ft
04/07/2025 04/07/25 Price Changed $1,700 -5.6% $2 / Sq Ft
03/17/2025 03/17/25 For Rent $1,800 0.0% --
03/13/2025 03/13/25 Off Market $1,800 -- --
03/13/2025 03/13/25 For Rent $1,800 +28.6% --
03/08/2024 03/08/24 Rented $1,400 0.0% --
03/04/2024 03/04/24 Under Contract -- -- --
02/28/2024 02/28/24 Price Changed $1,400 -6.7% $2 / Sq Ft
01/12/2024 01/12/24 Price Changed $1,500 -11.8% $2 / Sq Ft
01/03/2024 01/03/24 Price Changed $1,700 -10.5% $2 / Sq Ft
12/15/2023 12/15/23 Price Changed $1,900 -9.5% $3 / Sq Ft
12/04/2023 12/04/23 Price Changed $2,100 -8.7% $3 / Sq Ft
11/28/2023 11/28/23 For Rent $2,300 0.0% --
10/23/2023 10/23/23 Sold $205,999 0.0% $277 / Sq Ft View Prior Sale
09/07/2023 09/07/23 For Sale $205,999 +47.2% $277 / Sq Ft
04/20/2017 04/20/17 Sold $139,900 0.0% $188 / Sq Ft View Prior Sale
03/21/2017 03/21/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $139,900 -- $188 / Sq Ft
Source: Las Vegas REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $205,999 Clear 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 $195,699 New Conventional
Previous Owner $135,003 FHA
Previous Owner $11,200,000 Unknown
Source: Public Records

Source: Las Vegas REALTORS®

MLS Number: 2721993

Las Vegas REALTORS®

APN: 163-26-214-276

Nevada Clark County Las Vegas 89118

5250 S Rainbow Blvd Unit 2138, Las Vegas, NV

For Sale

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Las Vegas REALTORS® The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. Information is deemed reliable but not guaranteed. Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.

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Listing Agent
Yesica Quiles
Section Image
Simply Vegas
(702) 744-3052