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Backup Offers

5038 S Rainbow Blvd Unit 205, Las Vegas, NV, 89118

$248,500

Home List Price

$2,951*

Closing Credit

2 Bedrooms
2 Full Baths
1,091 SqFt
$228/SqFt
Condo

Location

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5038 S Rainbow Blvd Unit 205, Las Vegas$248,500

Buyer Closing Credits

$2,951*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Detached Carport, Guest
Year Built1987
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceFamily Room, Gas
Private PoolYes
MLS #2610474
StatusAccepting Backup Offers
(Active Under Contract)

About 5038 S Rainbow Blvd Unit 205

Highly Upgraded! Brand New Carpet In Bedrooms, New Blinds, Fresh Paint! Unit Renovated a few years back. This Light & Bright Upstairs Unit offers tons of Privacy & No Neighbors behind. Come up and enjoy the Large Inviting Main Living Area with Vaulted Ceilings, Cozy Fireplace, and Lots of Natural Light! The Kitchen offers a Breakfast Bar, Plenty of Counter Space, Granite Countertops, a Garden Window, and good sized Dining Niche to enjoy peaceful Dinners! Stainless Steel Appliances, Fridge, Dishwasher, Microwave, Washer & Dryer all included! Separate Bedrooms are Large, each with its own Bath & Good sized Closets w/Mirrored Doors! Terrific Community offer Lots of Amenities including 6 Sparkling Pools, Spas, Fitness Center, Tennis Courts & Clubhouse. Located in a Prime Las Vegas Location, this Complex is is Close to Everything! just minutes from the LV Strip, and Raiders Football Stadium, Popular eating establishments & Night Life! Perfect Starter Home or investment! Why Rent? Act Now!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1987
  • Stories: 2
  • Living Area: 1,091 SqFt

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (702) 545-0020
  • Listing Agent: Daniel F. Prorok

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Tile
  • Interior: Window Treatments, Programmable Thermostat
  • Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony

Parking Information:

  • Parking: Assigned, Covered, Detached Carport, Guest

Virtual/3D Tour

  • Virtual Tour: 5038 S Rainbow Blvd Unit 205
Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: RAINBOW & TROPICANA, South on Rainbow to 1st Left into Fabulous Centrally Located "VIZCAYA CONDOS!" After entering, Turn Left or Right and travel straight back to the end of community and turn Left to Building 5038! Just minutes from the Las Vegas Strip!

Price Information

Listing Price Info

Price Summary:

  • List Price: $248,500
  • Price Per SqFt: $228/SqFt

HOA Fees:

  • Amount: $225
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $670
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Las Vegas, NV.

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Las Vegas, NV

City

Med. Sold Price

$429.9K

Med. Price/SqFt

$253

Avg. Days On Market

37

# of Sold Homes

1457

5038 S Rainbow Blvd Unit 205 vs Las Vegas

81 DAYS ON ROCKET

+44 Days

$248,500

-$181.4K Less

$228/SqFt

-$25 Less

KEY TAKEAWAY

This property is $181.4K less than the Median Sold Price and $25/SqFt less than other homes in Las Vegas, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: GLVAR
  • MLS Number: #2610474

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (702) 545-0020
  • Listing Agent: Daniel F. Prorok

IDX Disclaimer: 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. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2024 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 11, 2017Home Sold
$105,000
Jul 30, 2013Home Sold
$90,000
Oct 17, 2006Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2021$670$34,118
2020$668$33,755
2019$626$33,368
2018$597$25,733

History based on county public records data.

Payment Calculator

$1,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$812

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-308650
5
/10

  • Marion B. Earl Elementary School

  • 6650 W Reno Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-308651
5
/10

  • Harvey N. Dondero Elementary School

  • 4450 Ridgeville St

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-308652
7
/10

  • P. A. Diskin Elementary School

  • 4220 Ravenwood Dr

  • 1.03 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,472. Residents of Las Vegas, NV typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5038 S Rainbow Blvd Unit 205

What is the listing price of this property?

The listing price of 5038 S Rainbow Blvd Unit 205 property is $248,500.

What type of property is this?

The property 5038 S Rainbow Blvd Unit 205 is a condo located in Las Vegas, Nevada, 89118.

Is this property for sale now?

Accepting Backup Offers: 5038 S Rainbow Blvd Unit 205 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $670 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 11, 2017 for $105,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5038 S Rainbow Blvd Unit 205 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5038 S Rainbow Blvd Unit 205 is 1,091 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5038 S Rainbow Blvd Unit 205 is 1987.

Rocket Homes›Nevada›Clark County›Las Vegas›89118›5038 S Rainbow Blvd Unit 205

This home is located at 5038 S Rainbow Blvd Unit 205 in Las Vegas, NV and zip code 89118 in the Vizcaya at the Trails neighborhood. This 1,091 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $248,500.

In October 2024, from all listings sold in Las Vegas, NV there were more than 242 sold above asking price, over 787 sold below and more than 427 were sold right at the asked price. The number of homes for sale in Las Vegas, NV increased by 11.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $429,997, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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