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  • $240,000

    5038 S Rainbow Blvd Unit 206, Las Vegas, NV 89118

    3beds
    1,163sqft
    Condominium
    Built in 1987
    -- sqft lot
    $239,300 Zestimate®
    $206/sqft
    $1,607 Estimated rent

    Home value

    $239,300

    $218,000 - $263,000

    $1,607/mo

    Zestimate® history
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    What's special

    Spacious open layoutPrimary suiteBrand-new kitchen appliancesDining areaCozy fireplaceWalk-in closetPrivate balcony
    Welcome to this fully updated 3-bedroom, 2-bath home located in a desirable gated community in Central Southwest. Freshly painted throughout, this unit also features brand-new flooring and brand-new kitchen appliances for a modern and move-in-ready feel. Enjoy the spacious open layout, featuring a large living room with a cozy fireplace that flows seamlessly into the dining area—perfect for relaxing or entertaining. The primary suite offers a private retreat with a walk-in closet and access to a private balcony. Two additional bedrooms and a second full bathroom provide plenty of space for family or guests. Community amenities include a clubhouse at the front of the neighborhood, complete with a gym and community pool.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Hudspeth BS.0146737 702-480-7033,

    Zzyzx Realty

    Bought with:

    Behailu Yirga, S.0056348

    Pulse Realty Group LLC

    Source: LVR,MLS#: 2722365MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Balcony
    • Dimensions: 12x14
    Bedroom 2
    • Description: Closet
    • Dimensions: 12x12
    Bedroom 3
    • Description: Closet
    • Dimensions: 10x12
    Dining room
    • Description: None
    • Dimensions: 10x11
    Kitchen
    • Description: Stainless Steel Appliances
    Living room
    • Description: None
    • Dimensions: 12x19
    Heating
    • Central, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Window Treatments
    • Flooring: Linoleum, Vinyl
    • Windows: Blinds
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas, Great Room
    Interior area
    • Total structure area: 1,163
    • Total interior livable area: 1,163 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Detached Carport, One Space, Guest
    • Carport spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    • Pool features: Community
    • Fencing: None
    Lot
    • Size: 7,740 Square Feet
    • Features: Zero Lot Line
    Details
    • Parcel number: 16326110442
    • 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
    • Roof: Tile
    Condition
    • Excellent,Resale
    • Year built: 1987

    Utilities & green energy

    • Electric: Photovoltaics None
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Features: Pool
    • Security: Gated Community
    • Subdivision: Trails Amd
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Gated, Pool
    • Services included: Sewer, Water
    • HOA fee: $220 monthly
    • HOA name: Vizcaya at the trail
    • HOA phone: 702-489-2892
    Location
    • Region: Las Vegas

    Financial & listing details

    • Price per square foot: $206/sqft
    • Tax assessed value: $128,337
    • Annual tax amount: $982
    • Date on market: 9/26/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    2/11/2026Sold$240,000-7.3%$206/sqft
    Source: LVR #2722365 Report a problem
    1/12/2026Contingent$259,000$223/sqft
    Source: LVR #2722365 Report a problem
    12/30/2025Pending sale$259,000$223/sqft
    Source: LVR #2722365 Report a problem
    11/20/2025Listed for sale$259,000$223/sqft
    Source: LVR #2722365 Report a problem
    11/14/2025Contingent$259,000$223/sqft
    Source: LVR #2722365 Report a problem
    9/26/2025Listed for sale$259,000-8.7%$223/sqft
    Source: LVR #2722365 Report a problem
    9/16/2025Listing removed$283,750$244/sqft
    Source: LVR #2695169 Report a problem
    6/24/2025Listed for sale$283,750-2.2%$244/sqft
    Source: LVR #2695169 Report a problem
    5/22/2025Listing removed$290,000$249/sqft
    Source: LVR #2670648 Report a problem
    4/2/2025Listed for sale$290,000+195.9%$249/sqft
    Source: LVR #2670648 Report a problem
    6/26/2018Listing removed$1,150$1/sqft
    Source: POA Commercial #2004687 Report a problem
    6/18/2018Listed for rent$1,150+44.7%$1/sqft
    Source: POA Commercial #2004687 Report a problem
    8/24/2016Listing removed$98,000$84/sqft
    Source: Urban Nest Realty #1827786 Report a problem
    8/23/2016Listed for sale$98,000+4.3%$84/sqft
    Source: Urban Nest Realty #1827786 Report a problem
    6/20/2016Sold$94,000-1.1%$81/sqft
    Source: LVR #1622730 Report a problem
    6/7/2016Pending sale$95,000-4%$82/sqft
    Source: Urban Nest Realty #1622730 Report a problem
    4/11/2016Listed for sale$99,000+29.4%$85/sqft
    Source: Urban Nest Realty #1622730 Report a problem
    3/26/2015Listing removed$795$1/sqft
    Source: Owner Report a problem
    3/21/2015Listed for rent$795$1/sqft
    Source: Owner Report a problem
    12/20/2012Sold$76,500+6.3%$66/sqft
    Source: LVR #1300528 Report a problem
    6/16/2010Sold$72,000-67.2%$62/sqft
    Source: Public Record Report a problem
    11/23/2005Sold$219,400$189/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,061 +8%$44,918 -0.3%
    2025$982 +7.9%$45,068 -10%
    2024$910 +8.7%$50,076 +33.5%
    2023$837 +8%$37,504 +1.1%
    2022$775 +7.8%$37,079 +1.1%
    2021$720 +6.8%$36,678 +1.1%
    2020$674 +4.8%$36,269 +31.4%
    2019$643 +6.9%$27,607 0%
    2018$602 $27,608 +1.1%
    2017$602 $27,297 +1.8%
    2016$602 +3.6%$26,802 +4.7%
    2015$581 $25,609 +33.3%
    2014$581 $19,205
    2013-- $19,205 +3.5%
    2012-- $18,564 -14.5%
    2011-- $21,707 +0.7%
    2010-- $21,562 -46.8%
    2009-- $40,538
    2008-- $40,538 -33.1%
    2007-- $60,619 +30.4%
    2006-- $46,503
    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
    $239,300
    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
    $239,300