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Closed
    • $195,000

    5250 S Rainbow Blvd Unit 1086, Spring Valley, NV 89118

    1beds
    744sqft
    Condominium
    Built in 1997
    -- sqft lot
    $194,900 Zestimate®
    $262/sqft
    $1,345 Estimated rent

    Home value

    $194,900

    $179,000 - $212,000

    $1,345/mo

    Zestimate® history
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    What's special

    Modern baseboardsLush mature landscapingAbundant treesStainless steel appliancesFreshly painted
    Welcome to this beautifully updated first floor condo in the popular Guard-Gated Spanish Palms community! This move-in-ready home has been freshly painted and features NEW Luxury Vinyl Plank flooring, modern baseboards and STAINLESS STEEL appliances. The attached 1-car garage provides added storage and easy access. Spanish Palms is known for its lush mature landscaping, abundant trees and exceptional amenities, including a clubhouse, fitness center, pet park and two community pools. The main pool offers a resort-style setting complete with a stunning waterfall feature, creating the perfect place to relax and unwind. Less than 5 miles away from the new Durango Casino and Resort and ideally located in the heart of Las Vegas near shopping, dining, entertainment and major freeway access, this condo is perfect for a primary residence, second home or investment opportunity. Enjoy low-maintenance living in one of the area's most desirable guard-gated communities!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Delaney S.0179527 (702)330-4878,

    Signature Real Estate Group

    Bought with:

    Marc A. Cannella, S.0197609

    Coldwell Banker Premier

    Source: LVR,MLS#: 2784780MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Description: Ceiling Fan,Ceiling Light,Closet
    • Dimensions: 11x12
    Primary bedroom
    • Dimensions: 10x9
    Dining room
    • Description: Living Room/Dining Combo
    • Dimensions: 9x7
    Kitchen
    • Description: Breakfast Bar/Counter,Granite Countertops,Stainless Steel Appliances
    • Dimensions: 10x12
    Living room
    • Dimensions: 18x14
    Heating
    • Central, Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
    • Laundry: Gas Dryer Hookup, In Garage
    Features
    • Bedroom on Main Level, Ceiling Fan(s), Primary Downstairs, Window Treatments
    • Flooring: Luxury Vinyl Plank
    • Windows: Window Treatments
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 744
    • Total interior livable area: 744 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, Inside Entrance, Private, Guest
    • Attached garage spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Patio
    • Pool features: Community
    • Fencing: None
    Lot
    • Features: Landscaped, < 1/4 Acre
    Details
    • Parcel number: 16326214166
    • Zoning description: Single 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
    • Resale,Very Good Condition
    • 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: Gated Community
    • Subdivision: Spanish Palms Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Fitness Center, Gated, Barbecue, Playground, Pool, Guard, Spa/Hot Tub
    • Services included: Association Management, Maintenance Grounds, Recreation Facilities, Sewer, Security, Trash, Water
    • HOA fee: $448 monthly
    • HOA name: Spanish Palms
    • HOA phone: 702-988-0321
    Location
    • Region: Spring Valley

    Financial & listing details

    • Price per square foot: $262/sqft
    • Tax assessed value: $121,694
    • Annual tax amount: $842
    • Date on market: 5/29/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    7/10/2026Sold$195,000$262/sqft
    Source: LVR #2784780 Report a problem
    6/16/2026Contingent$195,000$262/sqft
    Source: LVR #2784780 Report a problem
    5/29/2026Listed for sale$195,000+1.8%$262/sqft
    Source: LVR #2784780 Report a problem
    7/27/2021Sold$191,500+54.6%$257/sqft
    Source: Public Record Report a problem
    3/20/2020Listing removed$1,050$1/sqft
    Source: Northcap Residential Report a problem
    3/4/2020Listed for rent$1,050+5.5%$1/sqft
    Source: Northcap Residential Report a problem
    2/13/2018Listing removed$995$1/sqft
    Source: Northcap Commercial #1961514 Report a problem
    2/6/2018Price change$995-0.5%$1/sqft
    Source: Northcap Commercial #1961514 Report a problem
    1/23/2018Listed for rent$1,000-4.8%$1/sqft
    Source: Northcap Report a problem
    7/22/2015Listing removed$1,050$1/sqft
    Source: Northcap Report a problem
    6/18/2015Listed for rent$1,050$1/sqft
    Source: NorthCap Report a problem
    5/20/2015Sold$123,900$167/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$845 +3%$42,593 -0.7%
    2025$820 +2.9%$42,876 -1.2%
    2024$797 +3%$43,387 +18%
    2023$774 +25181%$36,763 +4.8%
    2022$3 -99.6%$35,085 0%
    2021$697 +6.8%$35,086 +1.8%
    2020$653 +4.8%$34,459 +19.8%
    2019$623 +6.9%$28,756 0%
    2018$583 $28,757 +1.2%
    2017$583 $28,426 +12.8%
    2016$583 +3.7%$25,195 +6.4%
    2015$562 $23,669 +27.3%
    2014$562 $18,600
    2013-- $18,600 -9.1%
    2012-- $20,467 -7.6%
    2011-- $22,150 -8.6%
    2010-- $24,241 -25.1%
    2009-- $32,381
    2008-- $32,381 -43.5%
    2007-- $57,265 +139.9%
    2006-- $23,872
    Find assessor info on the county website

    Neighborhood: Spring Valley

    Nearby homes

    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
    $194,900
    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
    $194,900

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