NOT LISTED FOR SALE

5250 S Rainbow Blvd Unit 2155 Las Vegas, NV 89118

Estimated Value: $267,469 - $278,000

2 Beds
2 Baths
1,034 Sq Ft
$235/mo HOA Fee

Last Sold October 29, 2013

Last sale price $110,000 $106 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,807/month

106 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • 2 Car Attached Garage
  • Clubhouse
  • Balcony
  • Security Guard

About This Home

As of October 2013

Upper 2 bedroom 2 bath unit that is very well appointed. 2 car garage with direct unit access. Stacked washer / dryer in hall closet. This is the home you've been looking for! Hurry it won't last long!

Last Agent to Sell the Property

Steve Littig

Simply Vegas License #S.0048123 Listed on: 06/14/2013

Simply Vegas

Last Buyer's Agent

Steve Littig

Simply Vegas License #S.0048123 Listed on: 06/14/2013

Simply Vegas

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $793

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,034 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Earl Ira* 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, security
  • Spanish Palms HOA, Phone Number (702) 787-8580
  • Spanish Palms Condo Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$793

Year Built

Built in 1997

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SPANISH PALMS CONDO
  • Directions: From Tropicana & Rainbow, south on Rainbow to Spanish Palms 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
  • Special Features: 4108
  • 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, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Window Treatments
  • Living Area: 1034.0
  • Window Features: Window Treatments

Exterior Features

  • Fencing: None
  • Lot Features: Landscaped, None
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, Covenants/Restrictions Disclosure
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Exterior Steps
  • Patio And Porch Features: Balcony
  • Property Condition: Resale, Very Good Condition
  • Roof: Flat

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Open, Private

Utilities

  • Laundry Features: Gas Dryer Hookup, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Clubhouse, Gated, Pool, Guard
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association Name: Spanish Palms HOA
  • Phone: 702-787-8580
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Earl Ira*,Earl Ira*
  • High School: Durango
  • Middle Or Junior School: Sawyer Grant*

Lot Info

  • Current Use: Residential
  • Horse Amenities: None
  • Lot Size Sq Ft: 1.0
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 793.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 16, 2013
Sold by
Bauchman Brian
Bought by
Slater Russell and Eclat Trust
Seller's Agent
Steve Littig
Simply Vegas
Buyer's Agent
Steve Littig
Simply Vegas
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$274,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,867
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Oct 18, 2007
Sold by
Reserve Development Llc
Bought by
Bauchman Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,592
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Slater Russell $110,000 Fidelity National Title
Bauchman Brian $249,490 National Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauchman Brian $199,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $110,000 -4.3% $106 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $114,900 -- $111 / 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 $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: 1355393

Las Vegas REALTORS®

APN: 163-26-214-311