NOT LISTED FOR SALE

7470 N Rainbow Blvd Las Vegas, NV 89131

Tule Springs Neighborhood

Estimated Value: $1,427,000 - $1,534,000

4 Beds
3.5 Baths
4,111 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 19, 2016

Last sale price $500,000 $122 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $8,476/month

527 Days on Market

Highlights

  • 4.18 Acre Lot
  • Family Room with Fireplace
  • Double Oven
  • Mountain View
  • No HOA
  • Circular Driveway

About This Home

As of July 2016

Great opportunity to own a ranch or develop and build new homes in a prime location! 4.18 acres, zoned RE (rural estates residential). Was previously approved for eight, 1/2 acre, homesites but the map was not recorded. This unique location has a rural feel but easy access to freeways, shopping, and dining and surrounded by huge homes.

Last Agent to Sell the Property

Russ Arnold

The Agency Las Vegas License #S.0167749 Listed on: 01/08/2015

The Agency Las Vegas

Last Buyer's Agent

Darlene Phillips

Signature Real Estate Group License #S.0068494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1987

Lot Details

  • 4.18 Acre Lot
  • North Facing Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Stucco Fence
  • Desert Landscape
  • Property is in below average condition

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,111 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Double Oven
  • Built-In Electric Oven

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Heckethorn Howard E* Elementary School
  • Saville Anthony Middle School
  • Shadow Ridge High School

Farming

  • Pasture

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities
  • Shared Well
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,011

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.18
  • Ownership: Single Family Residential
  • Subdivision Name: none
  • Directions: From Ann and I95, east on Ann, north on Tenaya, east on Elkhorn, north on Rainbow to property
  • Architectural Style: One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built Details: RESALE
  • Year Built: 1987
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Electric Oven, Double Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Bedroom on Main Level, None

Exterior Features

  • Fencing: Full, Stucco Wall, Wrought Iron
  • Lot Features: 1 to 5 Acres, Desert Landscaping, Landscaped
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Exterior Features: Circular Driveway
  • Property Condition: Poor Condition, Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Photovoltaics None
  • Sewer: Septic Tank
  • Utilities: Above Ground Utilities, Septic Available
  • Water Source: Community/Coop, Shared Well, Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Heckethorn Howard E*,Heckethorn Howard E*
  • High School: Shadow Ridge
  • Middle Or Junior School: Saville Anthony

Lot Info

  • Current Use: Residential
  • Horse Amenities: Pasture
  • Lot Size Sq Ft: 182081.0
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Cogar Allison A and Cogar Christopher M
Bought by
Castro Lalena and Brown Kenyaun
Total Days on Market
527
Current Estimated Value
$1,492,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Outstanding Balance
$1,125,079
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$367,668

Purchase Details

Closed on
Apr 23, 2021
Sold by
Bwnv Llc
Bought by
Cogar Christopher M and Cogar Allison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Mar 11, 2021
Sold by
Klapperick Robert L and Klapperick Patricia A
Bought by
Cogar Allison A and Cogar Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2017
Sold by
Klapperick Robert and Klapperick Patricia
Bought by
Klapperick Robert L and Klapperick Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.23%
Mortgage Type
New Conventional
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
Castro Lalena $1,425,000 Chicago Title
Cogar Christopher M $19,000 None Listed On Document
Cogar Allison A $1,175,000 First American Title Insu
Klapperick Robert L -- Equity Title Of Nevada
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Lalena $1,140,000
Previous Owner Cogar Allison A $1,175,000
Previous Owner Klapperick Robert L $564,000
Previous Owner Klapperick Robert L $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2016 07/19/16 Sold $500,000 0.0% --
07/19/2016 07/19/16 Sold $500,000 -37.4% $122 / Sq Ft
06/19/2016 06/19/16 Pending -- -- --
06/19/2016 06/19/16 Pending -- -- --
01/08/2015 01/08/15 For Sale $799,000 0.0% $194 / Sq Ft
01/06/2015 01/06/15 For Sale $799,000 -- --
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 $6,652 $330,620 $118,125 $212,495
2024 $6,160 $330,620 $118,125 $212,495
2023 $6,160 $297,786 $98,000 $199,786
2022 $5,981 $274,147 $89,600 $184,547
2021 $6,022 $215,378 $81,200 $134,178
2020 $4,567 $215,963 $81,200 $134,763
2019 $4,280 $209,694 $77,000 $132,694
Source: Public Records

Agents Affiliated with this Home

  • Russ Arnold

    Seller's Agent in 2016

    Russ Arnold

    The Agency Las Vegas

    (702) 501-2992

    1 in this area

    95 Total Sales

    Russ Arnold
    Section Image
  • Darlene Phillips

    Buyer's Agent in 2016

    Darlene Phillips

    Signature Real Estate Group

    (702) 219-9080

    25 Total Sales

    Darlene Phillips
    Section Image
See All Agents

Map

Source: Las Vegas REALTORS®

MLS Number: 1506301

Las Vegas REALTORS®

APN: 125-14-304-005

Nevada Clark County Las Vegas 89131 Tule Springs

7470 N Rainbow Blvd, Las Vegas, NV

This home is located at 7470 N Rainbow Blvd, Las Vegas, NV 89131 since 08 January 2015 and is currently estimated at $1,492,747, approximately $363 per square foot. This property was built in 1987. 7470 N Rainbow Blvd is a home located in Clark County with nearby schools including Howard E Heckethorn Elementary School, Anthony Saville 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.

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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