Location, location, location! This move-in-ready, fully furnished 2-bedroom condo with a 2-car garage is located in a desirable guard-gated Southwest community with 24/7 security and an on-site HOA office and ideally situated less than 5 minutes from the 215 freeway and under 15 minutes to the Las Vegas Strip or Summerlin, with walking-distance access to schools, medical offices, and a hospital. The well-maintained community offers a pet park and BBQ area. Thoughtful upgrades include new flooring, a newer A/C unit and water heater, epoxy-coated garage, updated appliances, and wooden blinds throughout. All appliances are included, and HOA dues cover water, sewer, and trash—making this home truly turnkey and never used as a rental.
Closed
$252,000
5250 S Rainbow Blvd Unit 1140, Las Vegas, NV 89118
2beds
1,034sqft
Condominium
Built in 1997
-- sqft lot
$251,400 Zestimate®
$244/sqft
$1,583 Estimated rent
Home value
$251,400
$229,000 - $277,000
$1,583/mo
Zestimate® history
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$1,915/mo
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List your homeWhat's special
Epoxy-coated garagePet parkBbq areaNew flooringUpdated appliancesWooden blinds throughout
Zillow last checked:
Listing updated:
Listed by:
June H. Jang S.0056013 june@vegasonerealty.com,
Vegas One Realty
Bought with:
June H. Jang, S.0056013
Vegas One Realty
Source: LVR,MLS#: 2754256
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: Ceiling Fan,Ceiling Light,Closet
- Dimensions: 12x13
Bedroom 2
- Description: Closet
- Dimensions: 10x10
Primary bathroom
- Description: Tub/Shower Combo
Kitchen
- Description: Granite Countertops,Tile Flooring
Living room
- Description: Front
- Dimensions: 13x17
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
- Laundry: Gas Dryer Hookup, In Garage, Main Level
Features
- Bedroom on Main Level, Primary Downstairs, None
- Flooring: Luxury Vinyl Plank
- Number of fireplaces: 1
- Fireplace features: 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, Guest, Private
- Attached garage spaces: 2
Features
- Stories: 2
- Exterior features: Courtyard
- Pool features: Community
- Fencing: None
Lot
- Size: 0.54 Acres
- Features: Desert Landscaping, Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214278
- 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: Underground Utilities
Community & HOA
Community
- Features: Pool
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Fitness Center, Gated, Barbecue, Pool, Guard, Security
- Services included: Association Management, Sewer, Trash
- HOA fee: $432 monthly
- HOA name: spanish palms
- HOA phone: 702-487-6225
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $156,060
- Annual tax amount: $1,140
- Date on market: 2/5/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $252,000$244/sqft |
Source:  LVR #2754256 Report a problem | ||
| 4/24/2026 | Pending sale | $252,000$244/sqft |
Source: LVR #2754256 Report a problem | ||
| 2/5/2026 | Listed for sale | $252,000-9.7%$244/sqft |
Source: LVR #2754256 Report a problem | ||
| 9/8/2025 | Listing removed | $279,000$270/sqft |
Source: LVR #2681848 Report a problem | ||
| 6/2/2025 | Price change | $279,000-3.8%$270/sqft |
Source: LVR #2681848 Report a problem | ||
| 5/22/2025 | Price change | $290,000-4.9%$280/sqft |
Source: LVR #2681848 Report a problem | ||
| 5/14/2025 | Listed for sale | $305,000+27.1%$295/sqft |
Source: LVR #2681848 Report a problem | ||
| 2/3/2025 | Sold | $240,000+108.7%$232/sqft |
Source: Public Record Report a problem | ||
| 7/24/2014 | Sold | $115,000-56%$111/sqft |
Source: LVR #1418713 Report a problem | ||
| 1/17/2008 | Sold | $261,490$253/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,143 +3% | $54,621 -1% |
| 2025 | $1,109 +3% | $55,196 -0.5% |
| 2024 | $1,077 +3% | $55,499 +14.5% |
| 2023 | $1,046 +3% | $48,456 +4.7% |
| 2022 | $1,016 +3.1% | $46,281 +0.3% |
| 2021 | $986 +3.1% | $46,159 +1.9% |
| 2020 | $956 +3% | $45,293 +20.2% |
| 2019 | $929 +5.7% | $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: 0.2 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.6 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
$251,400
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Estimated market value
$251,400
- Nevada
- Clark County
- Las Vegas
- 89118
- Spring Valley
- 5250 S Rainbow Blvd Unit 1140
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