NOT LISTED FOR SALE

5435 N Rainbow Blvd Las Vegas, NV 89130

North Cheyenne Neighborhood

Estimated Value: $1,153,000 - $1,351,544

6 Beds
4.5 Baths
2,768 Sq Ft
$452/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $1,190,000 $430 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,468/month

6 Days on Market

Highlights

  • RV Garage
  • Private Yard
  • Double Oven
  • 1.24 Acre Lot
  • No HOA
  • 2 Car Detached Garage

About This Home

As of September 2021

main House 2700 Sq fT 5 beds plus 1.Guest house plus 1.Bunk House 1.Rv Garage work shop well and sewer total lots combined is 3.5 acres
zoned 8+ houses to an acre This 3.52 acre property is eligible to be zoned C-1 Commercial(3 total parcels). Property includes a 2700+ sqft Main house, 2 casitas, Separate building with 7 offices and conference room, 1 workshop with drive through Rv garage and paved roadways throughout the entire compound. $300,000+ of just landscaping with 100+ palm trees. The entire property is gated and has two RV gates in the very rear.

Last Agent to Sell the Property

Randall Bell

LIFE Realty District License #S.0074293 Listed on: 07/27/2021

Last Buyer's Agent

Amy Allen

Leading Vegas Realty License #S.0182792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 2002

Lot Details

  • 1.24 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Property is in below average condition

Parking

  • 2 Car Detached Garage
  • 1 Detached Carport Space
  • RV Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Tile Flooring

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Neal Joseph Elementary School
  • Saville Anthony Middle School
  • Arbor View High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,372

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.24
  • Ownership: Single Family Residential
  • Subdivision Name: none
  • Directions: 95 off at Ann rd Rt to rainbow property on left side .
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 2002
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 702-800-5054
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 2002

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Gas Oven, Double Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Primary Downstairs
  • Living Area: 2768.0
  • Window Features: Blinds

Exterior Features

  • Fencing: Block, Full
  • Lot Features: 1 to 5 Acres, Landscaped
  • Pool Private: No
  • Direction Faces: South
  • Exterior Features: Private Yard
  • Property Condition: Poor Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Detached Carport, Detached, Garage, RV Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None, 220 Volts in Garage
  • Sewer: Public Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Schools

  • Elementary School: Neal Joseph,Neal Joseph
  • High School: Arbor View
  • Middle Or Junior School: Saville Anthony

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 162042.0
  • Additional Parcels Description: ---
  • Zoning Description: Commercial,Single Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Land Lease Amount: 7500.0

Tax Info

  • Tax Annual Amount: 1372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Aug 31, 2021
Sold by
Farr Stephen W and The J & J Revocable Trust
Bought by
Ohman Laura
Seller's Agent
Randall Bell
LIFE Realty District
Buyer's Agent
Amy Allen
Leading Vegas Realty
List Price
$1,600,000
Sold Price
$1,190,000
Premium/Discount to List
-$410,000
-25.62%
Current Estimated Value
$1,246,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,447
Avg. Annual Appreciation
-1.84%
Original Mortgage
$950,000
Outstanding Balance
$872,630
Interest Rate
2.7%
Mortgage Type
Assumption
Estimated Equity
$233,437

Purchase Details

Closed on
Mar 16, 2016
Sold by
Practical Renewable Energy Corp
Bought by
Farr Stephen W and J & J Revocable Trust

Purchase Details

Closed on
Jan 5, 2011
Sold by
Stoltzfus Christian and Stoltzfus Nellie
Bought by
Practical Renewable Energy Corp

Purchase Details

Closed on
Oct 10, 2005
Sold by
Stoltzfus Christian and Stoltzfus Nellis
Bought by
Stoltzfus Christian and Stoltzfus Nellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mayes Martha L
Bought by
Stoltzfus Christian and Stoltzfus Nellis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2002
Sold by
Mayes Lloyd F
Bought by
Mayes Lloyd F and Mayes Martha L
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
Ohman Laura $1,190,000 Equity Title Of Nevada
Farr Stephen W -- None Available
Practical Renewable Energy Corp $320,000 National Title Company
Stoltzfus Christian -- Old Republic Title Co Of Nv
Stoltzfus Christian $750,000 National Title Company
Mayes Lloyd F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohman Laura $950,000
Previous Owner Farr Stephen W $237,000
Previous Owner Practical Renewable Energy Corp $285,000
Previous Owner Stoltzfus Christian $150,000
Previous Owner Stoltzfus Christian $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $1,190,000 -25.6% $430 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,600,000 -- $578 / 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 $7,011 $224,789 $87,500 $137,289
2024 $6,492 $224,789 $87,500 $137,289
2023 $2,049 $211,971 $76,440 $135,531
2022 $6,012 $183,286 $56,420 $126,866
2021 $5,755 $175,450 $52,500 $122,950
2020 $5,699 $175,322 $50,960 $124,362
2019 $5,341 $173,668 $49,140 $124,528
2018 $5,097 $172,986 $50,960 $122,026
2017 $3,024 $92,241 $50,960 $41,281
2016 $2,049 $88,164 $36,400 $51,764
2015 $2,045 $74,166 $27,300 $46,866
2014 $1,981 $58,636 $25,480 $33,156
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Randall Bell

    LIFE Realty District

    1 in this area

    49 Total Sales

    Section Image
  • Amy Allen

    Buyer's Agent in 2021

    Amy Allen

    Leading Vegas Realty

    (619) 792-2409

    4 in this area

    94 Total Sales

    Section Image
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Map

Source: Las Vegas REALTORS®

MLS Number: 2318382

Las Vegas REALTORS®

APN: 125-35-103-001

Nevada Clark County Las Vegas 89130 North Cheyenne

5435 N Rainbow Blvd, Las Vegas, NV

This home is located at 5435 N Rainbow Blvd, Las Vegas, NV 89130 since 27 July 2021 and is currently estimated at $1,252,272, approximately $452 per square foot. This property was built in 2002. 5435 N Rainbow Blvd is a home located in Clark County with nearby schools including Ernest May Elementary School, Theron L Swainston Middle School, and Shadow Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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