Welcome to easy living in this charming 1-bedroom condo located in a beautifully maintained guard-gated community. This home features an open floorplan that creates a spacious and comfortable flow between the living, dining, and kitchen areas.The kitchen is equipped with newer appliances and the air conditioning system was replaced just two years ago!
Step outside to your private balcony, perfect for relaxing with your morning coffee or enjoying the evening breeze.This condo also includes a 1-car garage, providing secure parking and additional storage.
Residents enjoy resort-style amenities like a pool/spa, gym, clubhouse, and pet park, all within the safety of the guard-gate.
The HOA covers water, sewer, trash, exterior maintenance, roof, and landscaping, allowing you to enjoy a truly low-maintenance lifestyle. Whether you’re a first-time buyer, downsizing, or looking for a great investment opportunity, this condo is it!
Closed
$195,000
5250 S Rainbow Blvd Unit 2038, Las Vegas, NV 89118
1beds
744sqft
Condominium
Built in 1997
-- sqft lot
$194,900 Zestimate®
$262/sqft
$1,288 Estimated rent
Home value
$194,900
$179,000 - $212,000
$1,288/mo
Zestimate® history
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$1,366/mo
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Open floorplan
Zillow last checked:
Listing updated:
Listed by:
Patricia Georges S.0180251 702-900-7305,
Real Broker LLC
Bought with:
Mariko K. Dior, S.0051935
Compass Realty & Management
Source: LVR,MLS#: 2763019
Originating MLS: Greater Las Vegas Association of Realtors Inc
Originating MLS: Greater Las Vegas Association of Realtors IncFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Description: Closet
- Dimensions: 11x10
Primary bathroom
- Description: Tub/Shower Combo
Dining room
- Description: Dining Area
- Dimensions: 12x10
Kitchen
- Description: Breakfast Bar/Counter
Heating
- Central, Gas
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
- Laundry: Gas Dryer Hookup, Upper Level
Features
- Ceiling Fan(s), Window Treatments
- Flooring: Laminate, Tile
- Windows: Blinds
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 744
- Total interior livable area: 744 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Private, Guest
- Attached garage spaces: 1
Features
- Stories: 2
- Exterior features: Handicap Accessible
- Pool features: Community
- Fencing: None
Lot
- Size: 0.53 Acres
- Features: Desert Landscaping, Landscaped, < 1/4 Acre
Details
- Parcel number: 16326214076
- 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
- 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
- Security: Gated Community
- Subdivision: Spanish Palms Condo
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Gated, Pool, Guard, Spa/Hot Tub
- HOA fee: $462 monthly
- HOA name: Spanish Palms
- HOA phone: 702-988-0321
Location
- Region: Las Vegas
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $122,983
- Annual tax amount: $938
- Date on market: 3/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Sold | $195,000$262/sqft |
Source:  LVR #2763019 Report a problem | ||
| 5/5/2026 | Pending sale | $195,000$262/sqft |
Source: LVR #2763019 Report a problem | ||
| 3/24/2026 | Price change | $195,000-2.5%$262/sqft |
Source: LVR #2763019 Report a problem | ||
| 3/10/2026 | Listed for sale | $200,000+38.9%$269/sqft |
Source: LVR #2763019 Report a problem | ||
| 4/30/2019 | Sold | $144,000$194/sqft |
Source: LVR #2025657 Report a problem | ||
| 1/16/2019 | Price change | $144,000-12.7%$194/sqft |
Source: Global Assets #2025657 Report a problem | ||
| 8/25/2018 | Listed for sale | $165,000+120%$222/sqft |
Source: Global Assets #2025657 Report a problem | ||
| 4/6/2012 | Listing removed | $74,990$101/sqft |
Source: Congress Realty Report a problem | ||
| 10/23/2009 | Listed for sale | $74,990+7.3%$101/sqft |
Source: Congress Realty Report a problem | ||
| 9/30/2009 | Sold | $69,900-60.5%$94/sqft |
Source: Public Record Report a problem | ||
| 6/15/2006 | Sold | $176,900$238/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $941 +3% | $43,044 -0.7% |
| 2025 | $913 +2.9% | $43,348 -1.1% |
| 2024 | $887 +3% | $43,813 +17.9% |
| 2023 | $861 -1.5% | $37,158 +4.8% |
| 2022 | $874 +7.8% | $35,462 0% |
| 2021 | $811 +6.8% | $35,465 +1.8% |
| 2020 | $760 +4.8% | $34,834 +19.6% |
| 2019 | $725 +6.9% | $29,120 0% |
| 2018 | $678 | $29,121 +1.1% |
| 2017 | $678 | $28,799 +12.6% |
| 2016 | $678 +3.6% | $25,572 +6.4% |
| 2015 | $655 | $24,040 +7.9% |
| 2014 | $655 | $22,283 |
| 2013 | -- | $22,283 +7.2% |
| 2012 | -- | $20,786 -7.6% |
| 2011 | -- | $22,496 -8.7% |
| 2010 | -- | $24,630 -24.9% |
| 2009 | -- | $32,777 |
| 2008 | -- | $32,777 -43.1% |
| 2007 | -- | $57,645 +137.7% |
| 2006 | -- | $24,248 |
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: 0.3 mi
- 5/10Grant Sawyer Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Durango High SchoolGrades: 9-12Distance: 0.4 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
$194,900
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Estimated market value
$194,900
- Nevada
- Clark County
- Las Vegas
- 89118
- Spring Valley
- 5250 S Rainbow Blvd Unit 2038
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