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5056 S Rainbow Blvd Unit 201, Las Vegas, NV, 89118

$220,000

Home List Price

$2,613*

Closing Credit

1 Bedroom
1 Full Bath
907 SqFt
$243/SqFt
Condo
Schools Nearby

Location

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5056 S Rainbow Blvd Unit 201, Las Vegas$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Detached Carport, Uncovered, Guest
Year Built1987
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Living Room
MLS #2566652
Lot Size0.14 Acres
StatusActive

About 5056 S Rainbow Blvd Unit 201

Cozy Second Floor Condominium on the Southwest side of the Valley. Great open floor plan with one bedroom, one bathroom, gas fireplace in living room, and a balcony! Convenient to freeways, schools, shopping, restaurants, and more.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1987
  • Stories: 2
  • Living Area: 907 SqFt

Listing Office:

  • Office Name: Compass Realty & Management
  • Office Phone: (702) 586-1616
  • Listing Agent: Paul S. Arroyo

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Sprinkler/Irrigation

Parking Information:

  • Parking: Assigned, Detached Carport, Uncovered, Guest

Virtual/3D Tour

  • Virtual Tour: 5056 S Rainbow Blvd Unit 201

Virtual Tour

Lot Features

Lot Information:

  • Lot: Irrigation System, Landscaped
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Durango High School, Public District Grades 9-12
  • Grant Sawyer Middle School, Public District Grades 6-8
  • Marion B. Earl Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: W on Tropicana past Torrey Pines, L on Rainbow Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $243/SqFt

HOA Fees:

  • Amount: $185
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $579
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$408.9K

Med. Price/SqFt

$242

Avg. Days On Market

37

# of Sold Homes

1614

5056 S Rainbow Blvd Unit 201 vs Las Vegas

46 DAYS ON ROCKET

+9 Days

$220,000

-$188.9K Less

$243/SqFt

-$0 Less

KEY TAKEAWAY

This property is $188.9K less than the Median Sold Price and $0/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: #2566652

Listing Office:

  • Office Name: Compass Realty & Management
  • Office Phone: (702) 586-1616
  • Listing Agent: Paul S. Arroyo

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: 4/27/2024, 1:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 14, 2011Home Sold
$43,900
Feb 13, 2006Home Sold
$167,900
Sep 28, 2005Home Sold
$134,405

Tax History

YEARPROP. TAXASSESSMENT
2021$579$29,832
2020$576$29,506
2019$540$29,184
2018$516$22,261

History based on county public records data.

Payment Calculator

$1,351

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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.

Elementary School

school-card-donut-1268197
5
/10
  • Marion B. Earl Elementary School

  • 6650 W Reno Ave

  • 0.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1268198
4
/10
  • Grant Sawyer Middle School

  • 5450 Redwood St

  • 0.50 miles

  • Public District Grades 6-8

High School

school-card-donut-1268199
2
/10
  • Durango High School

  • 7100 W Dewey Dr

  • 0.58 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,472. The majority of Las Vegas, NV residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5056 S Rainbow Blvd Unit 201

What is the listing price of this property?

The listing price of 5056 S Rainbow Blvd Unit 201 property is $220,000.

What type of property is this?

The property 5056 S Rainbow Blvd Unit 201 is a condo located in Las Vegas, Nevada, 89118.

Is this property for sale now?

Active Listing: 5056 S Rainbow Blvd Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5056 S Rainbow Blvd Unit 201 are:
Marion B. Earl Elementary School: GreatSchools Rating 5/10
Grant Sawyer Middle School: GreatSchools Rating 4/10
Durango High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $579 (source: MLS/based on county public records data).

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

The last sale was on January 14, 2011 for $43,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5056 S Rainbow Blvd Unit 201 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5056 S Rainbow Blvd Unit 201 is 907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5056 S Rainbow Blvd Unit 201 is 1987.

Rocket Homes›Nevada›Clark County›Las Vegas›89118›5056 S Rainbow Blvd Unit 201

This home is located at 5056 S Rainbow Blvd Unit 201 in Las Vegas, NV and zip code 89118 in the Vizcaya at the Trails neighborhood. This 907 square foot home, which was built in 1987, sits on a 0.14 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $220,000.

In March 2024, from all listings sold in Las Vegas, NV there were more than 333 sold above asking price, over 873 sold below and more than 408 were sold right at the asked price. In March 2024 in Las Vegas, NV there were 9.4% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $408,990, 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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