NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 2146 Las Vegas, NV 89118

Spring Valley Neighborhood

Estimated Value: $269,998 - $291,000

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

Last Sold November 08, 2021

Last sale price $245,000 $237 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,971/month

Highlights

  • Fitness Center
  • Clubhouse
  • 2 Car Attached Garage
  • Gated Community
  • Community Pool
  • Park

About This Home

As of November 2021

Charming, hard to find, 2 bedrooms, 2 bath upstairs condominium with attached two car garage. New paint and carpet. Ready for move in. Open living area. Living room features a gas fireplace and adjacent dining area. Kitchen with granite counters and stainless-steel appliances. Primary bedroom with walk in closet. Bedrooms separated by the living area. Covered porch with great view. Guard gated community with resort style pool, club house, fitness room, playground, putting green and BBQ area, Minutes from Allegiant Stadium, and the Las Vegas Strip. Easy access to 215 and McCarran Airport. Near restaurants and hospital.

Last Agent to Sell the Property

Debra Ballard

Ballard Realty Group License #B.0028745 Listed on: 10/08/2021

Last Buyer's Agent

Barbara Reed

Prestige Properties License #B.0020718

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1997

Lot Details

  • South Facing Home
  • Partially Fenced Property
  • Block Wall Fence
  • Landscaped
  • Property is in very good condition

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

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

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Farming

  • Pasture

Utilities

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

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, security, taxes, trash
  • 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
  • Park

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,136

Year Built

Built in 1997

Lot Details

0

HOA Fees

$262 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Spanish Palms Condo
  • Directions: From Tropicana and Rainbow, South on Rainbow to 5250, Left to Guard Gate, Thru gate turn left then right. Condo on left.
  • 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: 702-570-6400
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1997

Interior Features

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

Exterior Features

  • Fencing: Block, Partial
  • Lot Features: Landscaped, < 1/4 Acre
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Covenants/Restrictions Disclosure
  • Direction Faces: South
  • Property Condition: Resale, Very Good Condition
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet, Upper Level
  • 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, Barbecue, Park, Pool, Guard
  • 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, Common Areas, Maintenance Grounds, Security, Taxes, Trash

Schools

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

Lot Info

  • Horse Amenities: Pasture
  • Lot Size Sq Ft: 1034.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1136.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 3, 2021
Sold by
Manzione Kathleen
Bought by
Gross Martin and Gross Bonnie
Seller's Agent
Debra Ballard
Ballard Realty Group
Buyer's Agent
Barbara Reed
Prestige Properties
List Price
$244,990
Sold Price
$245,000
Premium/Discount to List
$10
0.004%
Total Days on Market
0
Current Estimated Value
$283,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,250
Avg. Annual Appreciation
4.55%
Original Mortgage
$220,500
Outstanding Balance
$204,305
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$82,868

Purchase Details

Closed on
Jul 29, 2009
Sold by
Manzione Louis J
Bought by
Manzione Kathleen

Purchase Details

Closed on
Jul 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Manzione Kathleen

Purchase Details

Closed on
Jun 15, 2009
Sold by
Kang David N
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 24, 2006
Sold by
The Reserve Development Llc
Bought by
Kang David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
7.75%
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 Buyer Sale Price Title Company
Gross Martin $245,000 Lawyers Title Of Nevada
Manzione Kathleen -- Lawyers Title Of Nevada
Manzione Kathleen -- Fidelity National Default So
Manzione Kathleen $100,000 Fidelity National Default So
Federal Home Loan Mortgage Corporation $119,900 Fidelity National Default So
Kang David N $249,900 Land Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross Martin $220,500
Previous Owner Kang David N $199,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $245,000 0.0% $237 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $244,990 0.0% $237 / Sq Ft
07/02/2020 07/02/20 For Rent $1,295 0.0% --
07/02/2020 07/02/20 Rented $1,295 +23.3% --
06/12/2017 06/12/17 Rented $1,050 0.0% --
05/13/2017 05/13/17 Under Contract -- -- --
04/27/2017 04/27/17 For Rent $1,050 +7.1% --
04/06/2015 04/06/15 For Rent $980 +3.2% --
04/06/2015 04/06/15 Rented $950 -- --
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 $1,430 $54,704 $23,800 $30,904
2024 $1,325 $54,704 $23,800 $30,904
2023 $1,325 $55,579 $26,950 $28,629
2022 $1,227 $48,526 $22,050 $26,476
2021 $1,136 $46,349 $20,650 $25,699
2020 $1,052 $46,232 $20,650 $25,582
2019 $986 $45,360 $19,950 $25,410
2018 $941 $37,745 $12,950 $24,795
2017 $1,095 $37,349 $11,900 $25,449
2016 $882 $32,999 $7,350 $25,649
2015 $879 $32,207 $6,650 $25,557
2014 $852 $29,063 $7,000 $22,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Las Vegas REALTORS®

MLS Number: 2340070

Las Vegas REALTORS®

APN: 163-26-214-296