Spanish Palms Condominiums is a highly desirable, resort-style, guard-gated community with 24-hour security, featuring a stunning pool area with a waterfall, lush landscaping, and BBQ facilities. Residents also enjoy access to a fitness center and beautifully maintained parks. Ideally situated in a central Las Vegas location, the community offers convenient access to major employment hubs, dining, shopping, and entertainment. This downstairs 2-bedroom, 2-bath residence features a highly sought-after floor plan with bedrooms separated for privacy. The spacious family room includes a fireplace and opens to a private patio. A rare attached 2-car garage with direct interior access adds exceptional value and convenience.
Closed
$235,000
5250 S Rainbow Blvd Unit 1040, Las Vegas, NV 89118
2beds
1,034sqft
Condominium
Built in 1997
-- sqft lot
$228,500 Zestimate®
$227/sqft
$1,583 Estimated rent
Home value
$228,500
$217,000 - $240,000
$1,583/mo
Zestimate® history
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Bbq facilitiesPrivate patioLush landscapingSpacious family roomBeautifully maintained parks
Zillow last checked:
Listing updated:
Listed by:
Daniel I. Angelo S.0054668 702-795-4663,
Black & Cherry Real Estate
Bought with:
Stanislava Deguerra, S.0191750
Signature Real Estate Group
Source: LVR,MLS#: 2752476
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: Closet,Walk-In Closet(s)
- Dimensions: 15x14
Bedroom 2
- Description: Closet
- Dimensions: 14x12
Kitchen
- Description: Breakfast Bar/Counter,Garden Window
Heating
- Central, Gas
Cooling
- Central Air, Gas
Appliances
- Included: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, In Garage, Main Level
Features
- Window Treatments
- Flooring: Carpet, Luxury Vinyl Plank, Tile
- Windows: Window Treatments
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 1,034
- Total interior livable area: 1,034 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener, Inside Entrance, Private, Guest
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
- Pool features: Association, Community
- Fencing: None
Lot
- Size: 0.54 Acres
- Features: Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214078
- 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
- Good Condition,Resale
- Year built: 1997
Utilities & green energy
- Electric: Photovoltaics None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Underground Utilities
Community & HOA
Community
- Features: Pool
- Security: Gated Community
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Gated, Barbecue, Park, Pool, Guard, Spa/Hot Tub
- Services included: Association Management, Maintenance Grounds, Sewer, Water
- HOA fee: $432 monthly
- HOA name: Spanish Palms
- HOA phone: 702-988-0321
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $156,060
- Annual tax amount: $1,536
- Date on market: 1/30/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $235,000$227/sqft |
Source:  LVR #2752476 Report a problem | ||
| 6/2/2026 | Contingent | $235,000$227/sqft |
Source: LVR #2752476 Report a problem | ||
| 5/11/2026 | Price change | $235,000-4.1%$227/sqft |
Source: LVR #2752476 Report a problem | ||
| 4/21/2026 | Price change | $245,000-1.8%$237/sqft |
Source: LVR #2752476 Report a problem | ||
| 1/30/2026 | Listed for sale | $249,500+142.2%$241/sqft |
Source: LVR #2752476 Report a problem | ||
| 5/8/2020 | Listing removed | $1,250$1/sqft |
Source: Black & Cherry Real Estate #2187236 Report a problem | ||
| 3/31/2020 | Listed for rent | $1,250+4.6%$1/sqft |
Source: Black & Cherry Real Estate #2187236 Report a problem | ||
| 1/23/2019 | Listing removed | $1,195$1/sqft |
Source: Black & Cherry Real Estate #2053046 Report a problem | ||
| 1/17/2019 | Price change | $1,195-7.7%$1/sqft |
Source: Black & Cherry Real Estate #2053046 Report a problem | ||
| 12/5/2018 | Listed for rent | $1,295$1/sqft |
Source: Black & Cherry Real Estate #2053046 Report a problem | ||
| 9/18/2012 | Sold | $103,000+3.5%$100/sqft |
Source: LVR #1276609 Report a problem | ||
| 8/17/2012 | Listed for sale | $99,500+13.1%$96/sqft |
Source: Wardley Real Estate Report a problem | ||
| 4/28/2010 | Sold | $88,000-10.2%$85/sqft |
Source: Public Record Report a problem | ||
| 1/26/2010 | Sold | $98,000-60.1%$95/sqft |
Source: Public Record Report a problem | ||
| 6/6/2006 | Sold | $245,400$237/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
Neighborhood: Spring Valley
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Nearby schools
GreatSchools rating
- 7/10Marion B Earl Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.5 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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Estimated market value
$228,500
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Estimated market value
$228,500
- Nevada
- Clark County
- Las Vegas
- 89118
- Spring Valley
- 5250 S Rainbow Blvd Unit 1040
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