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Active under contract
  • $269,000

    5250 S Rainbow Blvd Unit 1071, Spring Valley, NV 89118

    2beds
    1,034sqft
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    Condominium
    Built in 1997
    -- sqft lot
    $262,600 Zestimate®
    $260/sqft
    $450/mo HOA

    What's special

    Beautiful quartz countertopsBright open layout
    Welcome home to this desirable guard-gated community and upgraded, move in ready condo! This 2-bedroom, 2- full bath first floor condo offers stylish living with beautiful quartz countertops, a bright open layout, and a cozy fireplace as the focal point of the living room. The primary bedroom has a nice walk- in closet and the primary bathroom has been fully upgraded. Designed for comfort and convenience, this home is perfect for easy everyday living. Ac unit is only 2 years old and has a water softener. HOA covers water, sewer, trash and exterior maintenance. Ideally located near shopping, dining and major freeway access-everything you need in just minutes.
    107 days
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    11
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Meadows S.0185460 (702)769-4866,

    Real Broker LLC

    Source: LVR,MLS#: 2765983MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Walk-In Closet(s)
      • Dimensions: 11x15
      Bedroom 2
      • Description: Closet
      • Dimensions: 11x11
      Kitchen
      • Description: Quartz Countertops
      Living room
      • Description: Front
      • Dimensions: 14x15
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Built-In Gas Oven, Dryer, Disposal, Microwave, Refrigerator, Washer
      • Laundry: Gas Dryer Hookup, Main Level
      Features
      • Ceiling Fan(s), Primary Downstairs, Window Treatments
      • Flooring: Luxury Vinyl Plank, Tile
      • Windows: Blinds, Double Pane Windows, Window Treatments
      • 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, Private, Guest
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Balcony
      • Exterior features: Balcony, Sprinkler/Irrigation
      • Pool features: Community
      • Fencing: None
      Lot
      • Size: 0.36 Acres
      • Features: Drip Irrigation/Bubblers, Desert Landscaping, Landscaped, < 1/4 Acre
      Details
      • Parcel number: 16326214141
      • Zoning description: Multi-Family
      • Horse amenities: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: One Story
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Roof: Composition,Shingle
      Condition
      • 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: Dog Park, Fitness Center, Gated, Barbecue, Playground, Park, Pool, Guard, Spa/Hot Tub, Security
      • Services included: Maintenance Grounds, Sewer, Security, Water
      • HOA fee: $450 monthly
      • HOA name: Spanish Palms
      • HOA phone: 702-719-6100
      Location
      • Region: Spring Valley

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $156,060
      • Annual tax amount: $1,202
      • Date on market: 3/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $262,600

        $249,000 - $276,000

        $1,596/mo

        Price history

        DateEventPrice
        6/25/2026Contingent$269,000$260/sqft
        Source: LVR #2765983 Report a problem
        6/25/2026Listed for sale$269,000$260/sqft
        Source: LVR #2765983 Report a problem
        6/25/2026Contingent$269,000$260/sqft
        Source: LVR #2765983 Report a problem
        5/21/2026Pending sale$269,000$260/sqft
        Source: LVR #2765983 Report a problem
        3/21/2026Listed for sale$269,000-8.8%$260/sqft
        Source: LVR #2765983 Report a problem
        9/26/2024Sold$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        9/3/2024Pending sale$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        8/28/2024Listed for sale$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        8/6/2024Pending sale$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        8/1/2024Listed for sale$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        7/16/2024Pending sale$295,000$285/sqft
        Source: LVR #2598225 Report a problem
        7/10/2024Listed for sale$295,000+1.8%$285/sqft
        Source: LVR #2598225 Report a problem
        10/4/2022Sold$289,900$280/sqft
        Source: LVR #2428972 Report a problem
        9/6/2022Pending sale$289,900$280/sqft
        Source: LVR #2428972 Report a problem
        9/3/2022Contingent$289,900$280/sqft
        Source: LVR #2428972 Report a problem
        8/13/2022Listed for sale$289,900+36.1%$280/sqft
        Source: LVR #2428972 Report a problem
        7/24/2020Sold$213,000-3.2%$206/sqft
        Source: Public Record Report a problem
        7/9/2020Price change$219,990-2.2%$213/sqft
        Source: Vegas Valley Group #2203170 Report a problem
        6/9/2020Listed for sale$225,000+56.2%$218/sqft
        Source: Vegas Valley Group #2203170 Report a problem
        8/24/2015Sold$144,001+0.1%$139/sqft
        Source: LVR #1563948 Report a problem
        8/11/2015Pending sale$143,900$139/sqft
        Source: Northcap Commercial #1563948 Report a problem
        8/11/2015Listed for sale$143,900$139/sqft
        Source: Northcap Commercial #1563948 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,205 +8%$54,621 -1%
        2025$1,116 +3%$55,196 -0.5%
        2024$1,084 +8%$55,499 +14.5%
        2023$1,004 +8%$48,456 +4.7%
        2022$930 $46,281 +0.3%
        2021-- $46,159 +1.9%
        2020$68 +204%$45,293 +324%
        2019$22 -97.1%$10,682 -71.7%
        2018$769 $37,682 +1.1%
        2017$769 $37,274 +13.2%
        2016$769 +3.6%$32,934 +2.4%
        2015$743 $32,149 +30.8%
        2014$743 $24,571
        2013-- $24,571 -8.8%
        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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Spring Valley

        Getting around

        46 / 100
        Car-Dependent
        40 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        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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