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  • $275,000

    5250 S Rainbow Blvd Unit 1054, Las Vegas, NV 89118

    3beds
    1,131sqft
    Condominium
    Built in 1997
    -- sqft lot
    $280,900 Zestimate®
    $243/sqft
    $1,673 Estimated rent

    Home value

    $280,900

    $267,000 - $295,000

    $1,673/mo

    Zestimate® history
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    What's special

    Spacious primary suiteUpdated kitchenMaple cabinetryWalk-in closetFreshly paintedGranite countertops
    THIS BEAUTIFUL 24-HOUR GUARD-GATED SPANISH PALMS CONDO COMMUNITY IS JUST MINUTES FROM THE LAS VEGAS STRIP & DOWNTOWN SUMMERLIN! Perfect for All seeking space & convenience, this desirable first-floor, single-level 3-bed, 2 full bath home offers comfort & functionality in the sought-after 89118 zip. The updated kitchen features stainless steel appliances w/ black trim, maple cabinetry, & granite countertops—ideal for daily living & gatherings. The spacious primary suite includes a walk-in closet & tub/shower combo, while two additional bedrooms offer flexibility for children, guests, or a home office. Enjoy rare convenience of an oversized 2-car garage w/ direct access. Freshly painted & new carpet in all bedrooms. HVAC replaced May 2022 w/ upgraded larger-capacity water heater. Residents enjoy clubhouse, fitness center, pool, & spa just steps away. Minutes from the Strip, Las Vegas Raiders Stadium, Aviators Las Vegas Ballpark, Down Town Summerlin & more. This will not last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Tinnel BS.0146918 702-498-2696,

    LPT Realty, LLC

    Bought with:

    Alexandra V. Sarris, S.0200884

    Scofield Group LLC

    Source: LVR,MLS#: 2758451MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: Ceiling Fan
    • Dimensions: 13x12
    Bedroom 2
    • Description: Ceiling Light,Closet,Mirrored Door
    • Dimensions: 10x10
    Bedroom 3
    • Description: Ceiling Light,Closet
    • Dimensions: 10x11
    Primary bathroom
    • Description: Tub/Shower Combo
    Dining room
    • Description: Dining Area
    • Dimensions: 9x8
    Kitchen
    • Description: Breakfast Nook/Eating Area,Granite Countertops,Lighting Recessed,Pantry,Tile Flooring
    Living room
    • Description: Front
    • Dimensions: 17x13
    Heating
    • Central, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, In Garage, Main Level
    Features
    • Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
    • Flooring: Carpet, Laminate, Tile
    • Windows: Blinds, Double Pane Windows
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 1,131
    • Total interior livable area: 1,131 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Inside Entrance, Private
    • Attached garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Porch, Patio
    • Pool features: Community
    • Fencing: None
    Lot
    • Size: 0.54 Acres
    • Features: Desert Landscaping, Landscaped, Trees, < 1/4 Acre
    Details
    • Parcel number: 16326214104
    • 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: 1997

    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: Spanish Palms Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Gated, Barbecue, Pool, Guard, Spa/Hot Tub
    • Services included: Association Management
    • HOA fee: $448 monthly
    • HOA name: Spanish Palms
    • HOA phone: 702-362-6262
    Location
    • Region: Las Vegas

    Financial & listing details

    • Price per square foot: $243/sqft
    • Tax assessed value: $171,460
    • Annual tax amount: $1,405
    • Date on market: 2/22/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/8/2026Sold$275,000-3.5%$243/sqft
    Source: LVR #2758451 Report a problem
    3/26/2026Contingent$284,900$252/sqft
    Source: LVR #2758451 Report a problem
    3/19/2026Price change$284,900-1.7%$252/sqft
    Source: LVR #2758451 Report a problem
    2/22/2026Listed for sale$289,900-12.1%$256/sqft
    Source: LVR #2758451 Report a problem
    5/19/2024Listing removed--
    Source: LVR #2577084 Report a problem
    4/20/2024Listed for sale$329,900+40.4%$292/sqft
    Source: LVR #2577084 Report a problem
    8/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/5/2023Listed for rent$2,300+43.8%$2/sqft
    Source: Zillow Rentals Report a problem
    11/30/2020Sold$235,000-4.1%$208/sqft
    Source: Public Record Report a problem
    7/8/2020Listed for sale$245,000$217/sqft
    Source: Award Realty #2210526 Report a problem
    8/11/2019Listing removed$245,000$217/sqft
    Source: Award Realty #2119531 Report a problem
    7/25/2019Listed for sale$245,000+20.1%$217/sqft
    Source: Award Realty #2119531 Report a problem
    12/22/2018Listing removed$1,600$1/sqft
    Source: Award Realty #2046699 Report a problem
    11/7/2018Listed for rent$1,600$1/sqft
    Source: Award Realty #2046699 Report a problem
    7/31/2018Listing removed$1,600$1/sqft
    Source: Award Realty #2009984 Report a problem
    7/6/2018Listed for rent$1,600$1/sqft
    Source: Award Realty #2009984 Report a problem
    8/12/2015Sold$204,000$180/sqft
    Source: LVR #1563826 Report a problem
    8/11/2015Pending sale$204,000$180/sqft
    Source: Northcap Commercial #1563826 Report a problem
    8/11/2015Listed for sale$204,000$180/sqft
    Source: Northcap Commercial #1563826 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,476 +8%$60,011 -1%
    2025$1,366 +7.9%$60,597 -0.6%
    2024$1,266 +8%$60,985 +12.2%
    2023$1,172 +8%$54,347 +6.9%
    2022$1,086 +7.7%$50,852 +0.3%
    2021$1,008 +6.8%$50,677 +1.9%
    2020$944 +4.8%$49,731 +20.2%
    2019$901 +6.9%$41,357
    2018$843 $41,357 +1.2%
    2017$843 $40,885 +13.2%
    2016$843 +3.6%$36,113 +2.5%
    2015$814 $35,223 +30.9%
    2014$814 $26,916
    2013-- $26,916 -8.7%
    2012-- $29,490 -7.6%
    2011-- $31,917 -8.5%
    2010-- $34,898 -25.6%
    2009-- $46,889
    2008-- $46,889 -40.9%
    2007-- $79,361 +149.6%
    2006-- $31,792
    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
    $280,900
    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
    $280,900