5250 S Rainbow Blvd Unit 2058, Las Vegas, NV, 89118

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5250 S Rainbow Blvd Unit 2058, Las Vegas$307,750

Buyer Closing Credits

$3,655^*

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, Natural Gas

CoolingCentral Air, Electric

FireplaceGas, Living Room

ViewNone

MLS #2624143

StatusActive

About 5250 S Rainbow Blvd Unit 2058

Discover a premier investment opportunity with this pristine 3-bedroom condo at Spanish Palms, 5250 South Rainbow Blvd. Nestled in a highly sought-after guard-gated community, this upstairs unit offers a 2-car attached garage with full-size washer and clothes dryer. Enjoy access to top-tier amenities, including two pools, a clubhouse, gym, dog park, putting green, and beautifully maintained mature landscaping. Located in the rapidly growing Southwest valley, this condo is just minutes from upscale shopping, dining, entertainment, the Las Vegas Strip, and Harry Reid International Airport, making it an excellent rental property or long-term investment in one of Las Vegas' most vibrant areas.

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1997
• Stories: 2
• Living Area: 1,131 SqFt

Listing Office:

• Office Name: BHHS Nevada Properties
• Office Email: James.MeadowsLVR@gmail.com
• Listing Agent: James W. Meadows Jr

Interior Features

Interior Information:

• Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
• Flooring Type: Laminate, Tile
• Interior: Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs
• Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• View: None
• Exterior: Patio

Parking Information:

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

Virtual/3D Tour

• Virtual Tour: 5250 S Rainbow Blvd Unit 2058

Virtual Tour

Lot Features

Lot Information:

• Lot: Landscaped

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: From Tropicana & Rainbow > South on Rainbow > Left into Spanish Palm Community before Hacienda, after you enter the gate > please make a RIGHT and then a LEFT , please park the car at the parking space there (Building #12).

Price Information

Listing Price Info

Price Summary:

• List Price: $307,750
• Price Per SqFt: $272/SqFt

HOA Fees:

• Amount: $377
• Frequency: Monthly

Tax Information:

• Annual Amount: $1,150
• 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

$429.9K

Med. Price/SqFt

$253

Avg. Days On Market

37

# of Sold Homes

1457

5250 S Rainbow Blvd Unit 2058 vs Las Vegas

41 DAYS ON ROCKET

+4 Days

$307,750

-$122.2K Less

$272/SqFt

+$19 More

KEY TAKEAWAY

This property is $122.2K less than the Median Sold Price and $19/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: #2624143

Listing Office:

• Office Name: BHHS Nevada Properties
• Office Email: James.MeadowsLVR@gmail.com
• Listing Agent: James W. Meadows Jr

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: 11/21/2024, 3:20:50 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
May 12, 2015	May 12, 2015Home Sold	$129,500
Aug 27, 2010	Aug 27, 2010Home Sold	$98,000
May 20, 2010	May 20, 2010Home Sold	$71,000
Jun 07, 2006	Jun 07, 2006Home Sold	$271,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,150	$50,841
2020	$1,147	$50,666
2019	$1,075	$49,720
2018	$1,026	$41,347

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 2058

This home is located at 5250 S Rainbow Blvd Unit 2058 in Las Vegas, NV and zip code 89118 in the Spanish Palms Condominiums neighborhood. This 1,131 square foot home was built in 1997. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $307,750.

Las Vegas, NV housing market in October 2024 saw over 242 listings sold above listed price, more than 427 sold at listed price and over 787 sold below. The number of homes for sale in Las Vegas, NV increased by 11.3% between September 2024 and October 2024. In October 2024 median list price was $429,997 and the average listing age was 37 days.

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