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Off market
  • $264,900

    5250 S Rainbow Blvd Unit 2087, Las Vegas, NV 89118

    2beds
    2baths
    1,034sqft
    Apartment
    Built in 1997
    -- sqft lot
    $264,900 Zestimate®
    $256/sqft
    $1,583 Estimated rent

    Home value

    $264,900

    $252,000 - $278,000

    $1,583/mo

    Zestimate® history
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    $1,812/mo

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    $1,812/mo

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    What's special

    This fully furnished, executive rental is a second-story, beautiful home architecturally rich with pleasing curves and angles, warm colors, and a mixture of modern and traditional elements. Nestled in the quiet community of Spanish Palms a fully managed, Guard Gated, and secure property on 36 acres displaying 1200 trees of various varieties and 88-large Palm trees. The amenities boast two outdoor swimming pools both with Jacuzzis, BBQ grills and gathering areas, clubhouse, fitness room, central mailbox building, small dog park area, putting green, and walking paths. Unique window dressings and open floor plan creates the perfect harmony of light and space. It offers much more than most of the Valley's rentals. This condo is secured with a RING video doorbell and Home Alarm system with 2-Contol Pads at front door and garage entry. The living room and dining room graciously flow together with the constant glow and view of a modern electric wall fireplace that warms up to 1200 sq ft. The Kitchen has granite counters, and stainless-steel appliances: refrigerator, dishwasher, microwave, and gas stove. Spacious master bedroom with mirrored pocket door leading to a fully remodeled bathroom and walk-in California closets. Full condo upper attic includes pull down steps - automatically lighted - plywood floors for storage. The Guest room bath is also fully remodeled with shower-tub, large linen closet, and the bedroom has California closets to keep everything organized. New ALL electric heating and cooling unit with Energy saving thermostat; new Water Heater with booster for instant hot water throughout; reverse osmosis drinking water system, ceiling fans and recessed lighting in every room; and a new stack washer dryer. A two Car garage with automatic garage door opener programmable to car, parking laser, keypad opener, epoxy floor with 2-car pads. Ample storage in an automatically lighted, full attic with pull down steps and plywood floors. This garage space includes a mudroom, an air conditioner and heater, large modern ceiling fan, and workbench for additional storage. The south end of the Las Vegas Strip is close enough to find the fun easily, and far enough away to enjoy a peaceful park like setting. Spring Valley Hospital is at your doorstep, public transportation is literally steps-away, main roads, highways, and all forms of travel are conveniently accessible. Local shops, restaurants, and shopping await throughout the city. Furnished executive condominium, utilities, Cable streaming, two car garage with workbench, additional parking, Ring Doorbell and Alarm System, House Cleaning Service twice a month NO Pets NO Smoking MUST follow Condominium CC&Rs and Rules Income 3X monthly expenses Credit Score of 700+ Furnished executive condominium Utilities and Cable streaming included Two car garage with workbench Additional Parking Ring Doorbell and Alarm System House Cleaning Service twice a month Income 3X monthly expenses Credit Score of 700+ NO Pets NO Smoking MUST follow Condominium CC&Rs and Rules

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,034 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    Details
    • Parcel number: 16326214177

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Roof: Other
    Condition
    • Year built: 1997

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $253 monthly
    Location
    • Region: Las Vegas

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $156,297
    • Annual tax amount: $1,157

    Price history

    DateEventPrice
    1/6/2023Sold$310,000-2.7%$300/sqft
    Source: LVR #2446187 Report a problem
    12/10/2022Pending sale$318,500$308/sqft
    Source: LVR #2446187 Report a problem
    11/30/2022Price change$318,500-1.8%$308/sqft
    Source: LVR #2446187 Report a problem
    10/14/2022Listed for sale$324,500-0.2%$314/sqft
    Source: LVR #2446187 Report a problem
    9/27/2022Listing removed--
    Source: LVR #2402968 Report a problem
    8/27/2022Price change$325,000-1.2%$314/sqft
    Source: LVR #2402968 Report a problem
    8/21/2022Price change$329,000-0.3%$318/sqft
    Source: LVR #2402968 Report a problem
    6/10/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/3/2022Listed for sale$330,000+0%$319/sqft
    Source: LVR #2402968 Report a problem
    6/3/2022Listing removed--
    Source: LVR #2397430 Report a problem
    5/19/2022Listed for sale$329,900+10%$319/sqft
    Source: LVR #2397430 Report a problem
    3/12/2022Listed for rent$3,300$3/sqft
    Source: Zillow Rental Manager Report a problem
    3/10/2022Listing removed--
    Source: Owner Report a problem
    2/23/2022Listed for sale$300,000+81.9%$290/sqft
    Source: Owner Report a problem
    5/13/2016Sold$164,900$159/sqft
    Source: LVR #1616976 Report a problem
    3/19/2016Pending sale$164,900$159/sqft
    Source: Northcap Commercial #1616976 Report a problem
    3/19/2016Listed for sale$164,900$159/sqft
    Source: Northcap Commercial #1616976 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$1,157 +8%$54,704 -1.1%
    2025$1,071 +7.9%$55,309 -0.5%
    2024$993 $55,579 +14.5%
    2023-- $48,526 +4.7%
    2022$37 -83.9%$46,349 +0.3%
    2021$233 -72.3%$46,232 +1.9%
    2020$840 +278.6%$45,360 +159.3%
    2019$222 -71.3%$17,495 -53.6%
    2018$772 $37,745 +1.1%
    2017$772 $37,349 +13.2%
    2016$772 +3.6%$32,999 +2.5%
    2015$745 $32,207 +30.6%
    2014$745 $24,660
    2013-- $24,660 -8.8%
    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

    Neighborhood: Spring Valley

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $264,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $264,900