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  • $240,000

    5038 S Rainbow Blvd Unit 205, Las Vegas, NV 89118

    2beds
    1,091sqft
    Condominium
    Built in 1987
    -- sqft lot
    $230,700 Zestimate®
    $220/sqft
    $1,446 Estimated rent

    Home value

    $230,700

    $217,000 - $247,000

    $1,446/mo

    Zestimate® history
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    What's special

    Highly Upgraded! Brand New Carpet In Bedrooms, New Blinds, Fresh Paint! Unit Renovated a few years back. This Light & Bright Upstairs Unit offers tons of Privacy & No Neighbors behind. Come up and enjoy the Large Inviting Main Living Area with Vaulted Ceilings, Cozy Fireplace, and Lots of Natural Light! The Kitchen offers a Breakfast Bar, Plenty of Counter Space, Granite Countertops, a Garden Window, and good sized Dining Niche to enjoy peaceful Dinners! Stainless Steel Appliances, Fridge, Dishwasher, Microwave, Washer & Dryer all included! Separate Bedrooms are Large, each with its own Bath & Good sized Closets w/Mirrored Doors! Terrific Community offer Lots of Amenities including 6 Sparkling Pools, Spas, Fitness Center, Tennis Courts & Clubhouse. Located in a Prime Las Vegas Location, this Complex is is Close to Everything! just minutes from the LV Strip, and Raiders Football Stadium, Popular eating establishments & Night Life! Perfect Starter Home or investment! Why Rent? Act Now!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel F. Prorok S.0048417 702-528-4277,

    LPT Realty, LLC

    Bought with:

    H Sima Madaryan, S.0072084

    Urban Nest Realty

    Source: LVR,MLS#: 2610474MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Mirrored Door,Pbr Separate From Other
    • Dimensions: 12X12
    Bedroom 2
    • Description: Mirrored Door,With Bath
    • Dimensions: 12x12
    Family room
    • Description: Upstairs,Vaulted Ceiling
    • Dimensions: 16X16
    Kitchen
    • Description: Breakfast Bar/Counter,Breakfast Nook/Eating Area,Garden Window,Granite Countertops,Pantry,Tile Flooring
    Heating
    • Central, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Gas Dryer Hookup, Laundry Closet, Upper Level
    Features
    • Window Treatments, Programmable Thermostat
    • Flooring: Carpet, Ceramic Tile, Tile
    • Windows: Blinds, Double Pane Windows, Tinted Windows
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 1,091
    • Total interior livable area: 1,091 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Covered, Detached Carport, Guest
    • Carport spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Private, Association, Community
    • Has spa: Yes
    • Fencing: None
    Lot
    • Size: 1,091 Square Feet
    • Features: Desert Landscaping, Landscaped, < 1/4 Acre
    Details
    • Parcel number: 16326110443
    • Zoning description: Multi-Family
    • Horse amenities: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Two Story
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Frame, Stucco, Drywall
    • Roof: Tile
    Condition
    • Good Condition,Resale
    • Year built: 1987
    Details
    • Builder model: UpStairs

    Utilities & green energy

    • Electric: Photovoltaics None
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities
    Green energy
    • Energy efficient items: Windows

    Community & HOA

    Community
    • Features: Pool
    • Security: Gated Community
    • Subdivision: Trails Amd
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Fitness Center, Gated, Barbecue, Pool, Spa/Hot Tub, Tennis Court(s)
    • Services included: Association Management, Common Areas, Maintenance Grounds, Recreation Facilities, Sewer, Taxes, Trash
    • HOA fee: $225 monthly
    • HOA name: Vizcaya at The Trail
    • HOA phone: 702-489-2892
    Location
    • Region: Las Vegas

    Financial & listing details

    • Price per square foot: $220/sqft
    • Tax assessed value: $118,106
    • Annual tax amount: $849
    • Date on market: 9/3/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    6/6/2025Listing removed$1,650$2/sqft
    Source: LVR #2674050 Report a problem
    5/16/2025Price change$1,650-2.9%$2/sqft
    Source: LVR #2674050 Report a problem
    4/20/2025Listed for rent$1,700+78.9%$2/sqft
    Source: LVR #2674050 Report a problem
    11/21/2024Sold$240,000-3.4%$220/sqft
    Source: LVR #2610474 Report a problem
    11/13/2024Pending sale$248,500$228/sqft
    Source: LVR #2610474 Report a problem
    10/18/2024Contingent$248,500$228/sqft
    Source: LVR #2610474 Report a problem
    10/9/2024Price change$248,500-0.6%$228/sqft
    Source: LVR #2610474 Report a problem
    10/7/2024Price change$249,888+0.4%$229/sqft
    Source: LVR #2610474 Report a problem
    10/4/2024Price change$248,988-3.9%$228/sqft
    Source: LVR #2610474 Report a problem
    9/3/2024Listed for sale$258,988+26.3%$237/sqft
    Source: LVR #2610474 Report a problem
    10/12/2021Sold$205,000+5.1%$188/sqft
    Source: LVR #2329311 Report a problem
    9/10/2021Pending sale$195,000$179/sqft
    Source: LVR #2329311 Report a problem
    9/8/2021Listed for sale$195,000+85.7%$179/sqft
    Source: LVR #2329311 Report a problem
    6/1/2017Listing removed$950$1/sqft
    Source: Triumph Property Management Co #1898444 Report a problem
    5/19/2017Listed for rent$950$1/sqft
    Source: TRIUMPH PROPERTY MANAGEMENT Report a problem
    5/11/2017Sold$105,000+10.5%$96/sqft
    Source: LVR #1887923 Report a problem
    4/20/2017Listed for sale$95,000+5.6%$87/sqft
    Source: Triumph Property Management Co #1887923 Report a problem
    7/30/2013Sold$90,000-43.8%$82/sqft
    Source: Public Record Report a problem
    10/17/2006Sold$160,000$147/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$989 +8%$41,337 -0.5%
    2025$916 +7.9%$41,535 -9.9%
    2024$849 +8.8%$46,090 +33.6%
    2023$780 +8%$34,500 +1.1%
    2022$723 +7.8%$34,118 +1.1%
    2021$670 +6.8%$33,755 +1.2%
    2020$628 +4.8%$33,368 +29.7%
    2019$599 +6.9%$25,733
    2018$561 $25,733 +1.2%
    2017$561 $25,437 +2%
    2016$561 +3.7%$24,941 +4.6%
    2015$541 $23,840 +32.7%
    2014$541 $17,963
    2013-- $17,963 +3.4%
    2012-- $17,368 -14.3%
    2011-- $20,266 +0.6%
    2010-- $20,155 -47.2%
    2009-- $38,156
    2008-- $38,156 -35.5%
    2007-- $59,174 +31.3%
    2006-- $45,074
    Find assessor info on the county website

    Neighborhood: Spring Valley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Earl, Marion B.,Earl, Marion B.
    • Middle: Sawyer Grant
    • High: Durango

    Source: LVR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $230,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $230,700