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    • Price cut: $5K (7/25)
    $264,900

    5250 S Rainbow Blvd Unit 2032, Las Vegas, NV 89118

    2beds
    1,034sqft
    : 
    $2,148/mo
    Get pre-qualified
    Condominium
    Built in 1997
    -- sqft lot
    $263,100 Zestimate®
    $256/sqft
    $423/mo HOA

    What's special

    Inside Spanish Palms, a guard-gated community that feels like a lush, tropical getaway - must see community! This beautifully updated 2-bedroom 2nd floor unit features brand-new ceramic tile floors throughout, a private balcony perfect for relaxing or entertaining, and a rare 2-car garage for added convenience and storage. Surrounded by swaying palm trees and manicured greenery, the community exudes a resort-like atmosphere, offering a serene escape while being conveniently located near shopping, dining, and entertainment. This home is more than a home; it’s a lifestyle waiting for you to enjoy.
    166 days
    |
    81
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalya Kattau BS.0144941 (702)249-0211,

    Coldwell Banker Premier

    Source: LVR,MLS#: 2757533MLS LogoOriginating MLS: Greater Las Vegas Association of Realtors Inc

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Description: Closet
      • Dimensions: 14x12
      Bedroom 2
      • Description: Closet
      • Dimensions: 12x11
      Primary bathroom
      • Description: Double Sink
      Kitchen
      • Description: Custom Cabinets
      Heating
      • Central, Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Disposal, Gas Range, Microwave
      • Laundry: Gas Dryer Hookup, Laundry Room
      Features
      • Ceiling Fan(s), Primary Downstairs, Window Treatments
      • Flooring: Ceramic Tile
      • Windows: Window Treatments
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Gas
      Interior area
      • Total structure area: 1,034
      • Total interior livable area: 1,034 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Assigned, Attached, Garage, One Space
      • Attached garage spaces: 2
      Features
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Pool features: Association, Community
      • Fencing: None
      Lot
      • Size: 0.37 Acres
      • Features: Landscaped, < 1/4 Acre
      Details
      • Parcel number: 16326214064
      • 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
      • Year built: 1997

      Utilities & green energy

      • Electric: Photovoltaics None
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Pool
      • 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
      • HOA fee: $423 monthly
      • HOA name: Spanish Palms
      • HOA phone: 702-487-6225
      Location
      • Region: Las Vegas

      Financial & listing details

      • Price per square foot: $256/sqft
      • Tax assessed value: $156,297
      • Annual tax amount: $1,220
      • Date on market: 2/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $263,100

        $250,000 - $276,000

        $1,583/mo

        Price history

        DateEventPrice
        7/25/2026Price change$264,900-1.9%$256/sqft
        Source: LVR #2757533 Report a problem
        5/27/2026Price change$269,900-3.6%$261/sqft
        Source: LVR #2757533 Report a problem
        3/25/2026Price change$279,900-3.4%$271/sqft
        Source: LVR #2757533 Report a problem
        2/21/2026Listed for sale$289,900-3.3%$280/sqft
        Source: LVR #2757533 Report a problem
        3/1/2025Listing removed$299,900$290/sqft
        Source: LVR #2648173 Report a problem
        1/21/2025Listed for sale$299,900+39.5%$290/sqft
        Source: LVR #2648173 Report a problem
        4/28/2021Sold$215,000$208/sqft
        Source: LVR #2283906 Report a problem
        4/5/2021Pending sale$215,000$208/sqft
        Source: LVR #2283906 Report a problem
        4/3/2021Listed for sale$215,000+16.2%$208/sqft
        Source: LVR #2283906 Report a problem
        10/11/2019Sold$185,000+362.5%$179/sqft
        Source: LVR #2129122 Report a problem
        1/23/2012Sold$40,000-66.7%$39/sqft
        Source: Public Record Report a problem
        12/17/2010Sold$120,000-50%$116/sqft
        Source: Public Record Report a problem
        4/5/2006Sold$239,900$232/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$1,257 +3%$54,704 -1.1%
        2025$1,220 -1.8%$55,309 -0.5%
        2024$1,243 +8%$55,579 +14.5%
        2023$1,151 +8%$48,526 +4.7%
        2022$1,066 +7.7%$46,349 +0.3%
        2021$989 +3.1%$46,232 +1.9%
        2020$960 +3%$45,360 +20.2%
        2019$932 +5.7%$37,745
        2018$882 $37,745 +1.1%
        2017$882 $37,349 +13.2%
        2016$882 +3.6%$32,999 +2.5%
        2015$852 $32,207 +10.8%
        2014$852 $29,063
        2013-- $29,063 +7.5%
        2012-- $27,042 -7.6%
        2011-- $29,275 -8.6%
        2010-- $32,018 -25.4%
        2009-- $42,911
        2008-- $42,911 -44.4%
        2007-- $77,228 +160.1%
        2006-- $29,688
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: Spring Valley

        Getting around

        54 / 100
        Somewhat Walkable
        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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