Well kept single level condo, 2 bedrooms, 2 full baths, 2 car garage, with a fireplace and balcony area. Close to restaurants, shops, easy 215 Beltway access, close to the Las Vegas Strip. The condo complex features a pool, fitness center, 2 parks and a it's guard gated. This is a short sale listing. Final terms, pricing and conditions to be set by sellers loan servicer.
Active
Price cut: $15K (7/14)
$226,000
5250 S Rainbow Blvd Unit 1025, Las Vegas, NV 89118
2beds
1,034sqft
:
Get pre-qualified$1,934/mo
Condominium
Built in 1997
-- sqft lot
$-- Zestimate®
$219/sqft
$448/mo HOA
What's special
Single level condoBalcony area
- 177 days |
- 267 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Michael Bondi S.0063494 702-768-2552,
Real Broker LLC
Source: LVR,MLS#: 2757056
Originating MLS: Greater Las Vegas Association of Realtors Inc
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Ceiling Fan,Closet,Walk-In Closet(s)
- Dimensions: 15X10
Bedroom 2
- Description: Closet
- Dimensions: 12X10
Dining room
- Description: Living Room/Dining Combo
- Dimensions: 6X7
Kitchen
- Description: Luxury Vinyl Plank
- Dimensions: 6X5
Living room
- Description: Front
- Dimensions: 16X13
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Main Level
Features
- Bedroom on Main Level, Primary Downstairs
- Flooring: Linoleum, Vinyl
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 1,034
- Total interior livable area: 1,034 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Inside Entrance, Private, Guest
- Attached garage spaces: 2
Features
- Stories: 2
- Exterior features: None
- Pool features: Community
- Fencing: None
Lot
- Size: 0.37 Acres
- Features: Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214049
- Zoning description: Single Family
- Special conditions: Short Sale
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Two Story
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Roof: Tile
Condition
- Resale
- Year built: 1997
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Pool
- Security: Prewired, Gated Community
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Gated, Park, Pool, Guard
- Services included: Maintenance Grounds, Recreation Facilities, Security
- HOA fee: $448 monthly
- HOA name: Spanish Palms Condo
- HOA phone: 702-940-7066
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $156,060
- Annual tax amount: $1,536
- Date on market: 2/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $226,000-6.2%$219/sqft |
Source: | ||
| 6/22/2026 | Price change | $241,000-1.6%$233/sqft |
Source: | ||
| 6/2/2026 | Price change | $245,000+3.8%$237/sqft |
Source: | ||
| 5/31/2026 | Listed for sale | $236,000$228/sqft |
Source: | ||
| 5/15/2026 | Pending sale | $236,000$228/sqft |
Source: | ||
| 5/8/2026 | Price change | $236,000+7.3%$228/sqft |
Source: | ||
| 3/24/2026 | Pending sale | $220,000$213/sqft |
Source: | ||
| 3/19/2026 | Price change | $220,000-6.4%$213/sqft |
Source: | ||
| 2/16/2026 | Listed for sale | $235,000-17.5%$227/sqft |
Source: | ||
| 2/9/2023 | Sold | $285,000-0.3%$276/sqft |
Source: | ||
| 1/9/2023 | Pending sale | $285,900$276/sqft |
Source: | ||
| 12/28/2022 | Listed for sale | $285,900+281.7%$276/sqft |
Source: | ||
| 7/25/2011 | Sold | $74,900-67.9%$72/sqft |
Source: Public Record Report a problem | ||
| 3/20/2006 | Sold | $233,400$226/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,539 +8% | $54,621 -1% |
| 2025 | $1,425 +7.9% | $55,196 -0.5% |
| 2024 | $1,320 +8% | $55,499 +14.5% |
| 2023 | $1,223 +8% | $48,456 +4.7% |
| 2022 | $1,132 +7.7% | $46,281 +0.3% |
| 2021 | $1,051 +6.8% | $46,159 +1.9% |
| 2020 | $984 +4.8% | $45,293 +20.2% |
| 2019 | $939 +6.9% | $37,682 |
| 2018 | $879 | $37,682 +1.1% |
| 2017 | $879 | $37,274 +13.2% |
| 2016 | $879 +3.6% | $32,934 +2.4% |
| 2015 | $849 | $32,149 +11% |
| 2014 | $849 | $28,952 |
| 2013 | -- | $28,952 +7.5% |
| 2012 | -- | $26,944 -7.6% |
| 2011 | -- | $29,168 -8.6% |
| 2010 | -- | $31,899 -25.5% |
| 2009 | -- | $42,790 |
| 2008 | -- | $42,790 -44.5% |
| 2007 | -- | $77,113 +160.8% |
| 2006 | -- | $29,573 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Spring Valley
Nearby schools
GreatSchools rating
- 7/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.4 mi
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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A local agent can set up tours, give advice and negotiate with sellers.



