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

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

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

Buyer Closing Credits

$3,655^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

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.

View More

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

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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 2058 vs Las Vegas

71 DAYS ON ROCKET

+32 Days

$307,750

-$123.7K Less

$272/SqFt

+$18 More

KEY TAKEAWAY

This property is $123.7K less than the Median Sold Price and $18/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: 12/22/2024, 9:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

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.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,980

Per Month

Principal & Interest

$1,536

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$377

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$989

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**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.

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. In November 2024 in Las Vegas, NV there were 3.2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $431,527, while the average time on the real estate market was 39 days.

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