5250 S Rainbow Blvd Unit 1056, Las Vegas, NV, 89118

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5250 S Rainbow Blvd Unit 1056, Las Vegas$225,000

Buyer Closing Credits

$2,672^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAttached, Garage, Private, Guest

Attached Garage2 spaces

Year Built1997

HeatingCentral, Electric

CoolingCentral Air, Electric

FireplaceFamily Room, Gas

MLS #2641729

StatusActive

About 5250 S Rainbow Blvd Unit 1056

BEAUTIFUL UNIT ON GROUND FLOOR. LOCATED IN INTERIOR OF THE COMPLEX FOR EASY ACCESS TO FITNESS CENTER, BUSINESS CENTER, POOL AREAS, BBQ AREA AND MAILBOXES. OPEN KITCHEN WITH ATTACHED EXTRA LARGE GARAGE. TENANT IN PLACE.

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Property Details

Property Features

Property Information:

• Architectural Style: One Story
• Year Built: 1997
• Stories: 1
• Living Area: 744 SqFt

Listing Office:

• Office Name: Award Realty
• Office Phone: (702) 768-2636
• Listing Agent: Jena McIntosh

Interior Features

Interior Information:

• Appliances: Dryer, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Washer
• Flooring Type: Luxury Vinyl, Luxury VinylPlank
• Interior: Primary Downstairs, Window Treatments, Programmable Thermostat
• Fireplace: Family Room, Gas

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Private Pool: No
• Exterior: Patio

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Attached, Garage, Private, Guest

Lot Features

Lot Information:

• Lot: Landscaped

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: FROM TROPICANA AND RAINBOW HEAD SOUTH ON RAINBOW 3/4 MILE TO ENTRANCE ON LEFT HAND SIDE. HAND GUARD YOUR CARD AND PROCEED TO THE UNIT.

Price Information

Listing Price Info

Price Summary:

• List Price: $225,000
• Price Per SqFt: $302/SqFt

HOA Fees:

• Amount: $414
• Frequency: Monthly

Tax Information:

• Annual Amount: $697
• Tax Year: 2021

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Housing Market Comparison

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

Las Vegas, NV

City

Med. Sold Price

$431.5K

Med. Price/SqFt

$254

Avg. Days On Market

39

# of Sold Homes

1305

5250 S Rainbow Blvd Unit 1056 vs Las Vegas

1 DAY ON ROCKET

-38 Days

$225,000

-$206.5K Less

$302/SqFt

+$48 More

KEY TAKEAWAY

This property is $206.5K less than the Median Sold Price and $48/SqFt more 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: #2641729

Listing Office:

• Office Name: Award Realty
• Office Phone: (702) 768-2636
• Listing Agent: Jena McIntosh

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: 12/24/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Dec 28, 2016	Dec 28, 2016Home Sold	$138,900
Apr 18, 2011	Apr 18, 2011Home Sold	$5,500,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$697	$35,085
2020	$694	$35,086
2019	$650	$34,459
2018	$621	$28,757

History based on county public records data.

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**Disclosures

Rocket Homes›Nevada›Clark County›Las Vegas›89118›5250 S Rainbow Blvd Unit 1056

This home is located at 5250 S Rainbow Blvd Unit 1056 in Las Vegas, NV and zip code 89118 in the Spanish Palms Condominiums neighborhood. This 744 square foot home was built in 1997. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 24, 2024 and is currently priced at $225,000.

While more than 200 listings in Las Vegas, NV in November 2024 were sold above asking price, there were more than 342 listings sold at asking price, and more than 762 were sold below. The number of homes for sale in Las Vegas, NV increased by 3.2% between October 2024 and November 2024. Listings spent 39 days on the market in November 2024, and had a median list price of $431,527 during the same period.

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