Kouzr

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$165,0001 bd · 1 ba · 744 sqft · $222/sqft 23% below the area

5250 S Rainbow Blvd #1012, Las Vegas, NV 89118

© OpenStreetMap · Protomaps

Property

1 bd / 1 ba 744 sqft built 1997 23,310 sqft lot Condo/1 Story Multi-Family C - SFR Unit in Multi Unit Bldg. Condo Ownership no pool garage virtual tour HOA $448/mo Las Vegas 89118
Kouzr's read
Better than 97% of homes in the Las Vegas Valley · from 53 nearby sales

Asking 23% under what similar homes here sold for.

$213,981
estimated value, from 53 comparable sales
23% under
estimate $214kbelow the estimate by $48,981range $201k-$227k
  • Asking $222/sqft against $258/sqft for similar homes nearby, across 53 comparable sales
  • 89 days on market against a 82-day median in 89118, counted from Kouzr's own daily snapshots; relists don't reset it

Generated by Kouzr's model from county records, our own daily price snapshots, and the listing text; comps context is an automated estimate, not an appraisal. Open this home in the app for the full score breakdown, comp list, and alerts.

Monthly payment

$1,413
per month, all in
$33,000
down · 20%
Principal & interest
$834
Property tax
$83
Home insurance
$48
HOA
$448

Loan $132,000 over 30 years at 6.5%, with 0.6% property tax and 0.35% insurance, Clark County defaults, not a quote. Keep them on your account in the app.

Try a different price or down payment in the payment calculator, or see how long you would need to stay for buying to beat renting in the rent-vs-buy calculator; the HOA dues are the listing's own figure.

About this home

  • Primary Downstairs
  • Gated

A 744 square foot attached home built in 1997 in the Spanish Palms association, with one bedroom, one full bathroom, a gas fireplace in the living room, and an attached one-car garage with direct access and shelving. The kitchen has a breakfast bar, pantry, solid surface counters, and stainless appliances. Flooring is a mix of carpet, tile, vinyl, and linoleum. Laundry is on the main level with a gas dryer hookup, and there is a covered patio off the living area. Central gas heat and electric central air. The asking figure sits about 23 percent below nearby sales. It has been listed 83 days against a ZIP median of 76, with no price reductions so far. Monthly dues of 448 cover guard-gated access, pools, spa, fitness center, park, and playground.

Written by Kouzr from the listing facts and the county record, not by the listing agent.

  • Property Attached
  • Home Owners Association
  • Monthly
Pool
community
Garage
attached, 1 space, private, shelves
Fireplace
gas, living room
Flooring
carpet, linoleum, tile, vinyl
Appliances
gas range
Laundry
gas dryer hookup, main level
Heating
central, gas
Cooling
central air, electric
Lot
desert landscaping, landscaped, rocks, less than quarter acre
Roof
tile
Community
fitness center, playground, park, pool, guard, spa/hot tub
Utilities
cable available, public sewer, public water
Facing
west
Bedrooms possible
1
Renovated
1997
Annual tax
$832
Association name
spanish palms
Association fee includes
association management

Description and features as the listing agent gave them, not checked against the county record. Open the tour. See it on the original listing

Neighborhood

Walkability
14 / 20 — somewhat walkabletransit 14 · street network 17 · land-use mix 17
Climate
104°F summer highs · 40°F winter lows · 82 days over 100°F
Natural hazard risk
Relatively ModerateFEMA National Risk Index

Assigned schools

  • Marion B Earl Elementary School4/100.3 mi
  • Grant Sawyer Middle School3/100.4 mi
  • Durango High School2/100.4 mi

Ratings from GreatSchools, as carried by the listing feed.

The market in 89118

146 homes for sale here right now.

$337kmedian asking price
$250median $/sqft
74median days on market
3%have cut their price

This home asks 51% below the ZIP median, and 11% below on price per square foot.

Computed from the 146 homes we currently track in 89118, not from an MLS market report. Homes that have gone pending or sold are left out of the asking figures. No confirmed closings here yet: a sale is only counted once a home has been off our pulls long enough to confirm it sold.

Every home for sale in 89118 · Spring Valley market report

County record

$170,791 county value$59,777 assessedFY 2026-27District 417

Construction
Frame-Stucco
Roof
Concrete Tile
Garage
504 sqft
Casita
None on record
Addition
None on record
Spa
No
Fireplaces
1
Basement
None
Units
1

Clark County Assessor, as of the last parcel read. The county's value is what it taxes, not an appraisal, and not a market estimate.

The full read on this home

Kouzr scores every home in the valley against the rest of it. The page above shows the result; the working is in the app.

  • The seven components behind the deal score, and which one moved it
  • The 53 comparable sales behind the discount, address by address
  • Owner tenure, estimated equity, and whether the owner lives here
  • Recorded notices of default, trustee sales, and other distress filings
  • Email the moment this price drops
Open this home in the app

More homes in Spring Valley

Card pictures are licensed stock photographs, blurred, not the homes themselves. Each home's own photos are in the Kouzr app.

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