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5250 S Rainbow Blvd Unit 2054, Las Vegas, NV, 89118

$345,000

Home List Price

$4,097*

Closing Credit

3 Bedrooms
2 Full Baths
1,131 SqFt
$305/SqFt
Condo
Schools Nearby

Location

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5250 S Rainbow Blvd Unit 2054, Las Vegas$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Private, Storage, Guest
Attached Garage2 spaces
Year Built1997
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FireplaceGas, Living Room
MLS #2569860
Lot Size0.54 Acres
StatusActive

About 5250 S Rainbow Blvd Unit 2054

Come settle into your new home in the beautiful guard gated Spanish Palms community! Located near Spring Valley Hospital, close to TONS of dining, shopping, & entertainment with easy access to the 215 beltway. 3 bedroom 2 bath condo with large balcony & ATTACHED 2 car garage with extra storage space. Home is FULLY FURNISHED - everything from pots & pans, linens & all furnishings in property! This beautiful space provides the perfect cozy environment to settle down in after a long day. Community amenities include multiple pool/spas, a state of the art fitness center, park & playground, a beautiful clubhouse with business center, a dog park, a putting green & MORE!!! This home has it all and the community offers so much to make this the perfect space all the way around!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Hive Real Estate Group
  • Office Phone: (702) 839-2798
  • Listing Agent: Corinne Gordon

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater, Warming Drawer, Washer
  • Flooring Type: Luxury Vinyl Plank, Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Finished Garage, Garage, Garage Door Opener, Inside Entrance, Private, Storage, Guest

Virtual/3D Tour

  • Virtual Tour: 5250 S Rainbow Blvd Unit 2054

Virtual Tour

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.54 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: From 215 W head North on Rainbow, right into Spanish Palms guard gated community. Park in front of clubhouse - Unit is near fitness center on the right #2054.

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $305/SqFt

HOA Fees:

  • Amount: $340
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,007
  • 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

5250 S Rainbow Blvd Unit 2054 vs Las Vegas

35 DAYS ON ROCKET

-2 Days

$345,000

-$63.9K Less

$305/SqFt

+$62 More

KEY TAKEAWAY

This property is $63.9K less than the Median Sold Price and $62/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: #2569860

Listing Office:

  • Office Name: Hive Real Estate Group
  • Office Phone: (702) 839-2798
  • Listing Agent: Corinne Gordon

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, 8:25:14 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

Apr 01, 2019Home Sold
$216,000
Aug 18, 2015Home Sold
$166,900
Apr 18, 2011Home Sold
$5,500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,007$50,841
2020$1,004$50,666
2019$941$49,720
2018$899$41,347

History based on county public records data.

Payment Calculator

$2,129

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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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-1573484
5
/10
  • Marion B. Earl Elementary School

  • 6650 W Reno Ave

  • 0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1573485
4
/10
  • Grant Sawyer Middle School

  • 5450 Redwood St

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1573486
2
/10
  • Durango High School

  • 7100 W Dewey Dr

  • 0.37 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. Typical income of Las Vegas, NV residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5250 S Rainbow Blvd Unit 2054

What is the listing price of this property?

The listing price of 5250 S Rainbow Blvd Unit 2054 property is $345,000.

What type of property is this?

The property 5250 S Rainbow Blvd Unit 2054 is a condo located in Las Vegas, Nevada, 89118.

Is this property for sale now?

Active Listing: 5250 S Rainbow Blvd Unit 2054 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5250 S Rainbow Blvd Unit 2054 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 $1,007 (source: MLS/based on county public records data).

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

The last sale was on April 1, 2019 for $216,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5250 S Rainbow Blvd Unit 2054 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5250 S Rainbow Blvd Unit 2054 is 1,131 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5250 S Rainbow Blvd Unit 2054 is 1997.

Rocket Homes›Nevada›Clark County›Las Vegas›89118›5250 S Rainbow Blvd Unit 2054

This home is located at 5250 S Rainbow Blvd Unit 2054 in Las Vegas, NV and zip code 89118 in the Spanish Palms Condominiums neighborhood. This 1,131 square foot home, which was built in 1997, sits on a 0.54 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $345,000.

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. The inventory of homes for sale in Las Vegas, NV between February 2024 and March 2024 increased by 9.4%. 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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