The blurred tiles above are licensed stock photographs of other houses, not this home. Its own 29 photos are in the app.
5250 S Rainbow Blvd #2138, Las Vegas, NV 89118
Property
Asking 12% under what similar homes here sold for.
- Asking $242/sqft against $250/sqft for similar homes nearby, across 59 comparable sales
- 68 days on market against a 82-day median in 89118, counted from Kouzr's own daily snapshots; relists don't reset it
- The write-up mentions investment opportunity, the language that usually means work to do, and room to negotiate (see fixer-upper and as-is)
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
- Principal & interest
- $910
- Property tax
- $90
- Home insurance
- $52
- HOA
- $448
Loan $144,000 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 Community
A one-bedroom, one-bath condominium of 744 square feet, built in 1997 in a guard-gated community in the 89118 ZIP. The unit is a corner location with an attached one-car garage that has built-in shelving and direct interior access. Interior finishes include luxury vinyl plank flooring, granite counters, a breakfast bar, stainless appliances, and a pantry in the kitchen, plus a gas fireplace with glass doors in the living room and a balcony off it. Windows are double pane and low emissivity. Heating is gas central, cooling is electric central. A washer and dryer are included. The list price sits about 12 percent below nearby sales, with no price cuts in 66 days on market against a ZIP median of 80. The monthly association fee of 448 dollars covers water, sewer, trash, grounds, and access to a pool, spa, fitness center, dog park, and playground. A lease runs through December 2026.
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, finished garage, garage door opener, inside entrance, private, shelves, guest
- Fireplace
- gas, glass doors, living room
- Flooring
- luxury vinyl plank
- Windows
- double pane windows, low emissivity windows
- Appliances
- gas range
- Laundry
- gas dryer hookup, laundry closet
- Heating
- central, gas
- Cooling
- central air, electric
- Energy efficient
- windows
- Exterior
- balcony
- Lot
- desert landscaping, landscaped, less than quarter acre
- Roof
- tile
- Community
- clubhouse, dog park, fitness center, gated, barbecue, playground, pool, guard, spa/hot tub
- Utilities
- underground utilities, public sewer, public water
- Facing
- north
- Zoning
- multi-family
- Bedrooms possible
- 1
- Renovated
- 1997
- Annual tax
- $1,033
- Lease amount
- $1,325
- Lease expiration
- 2026-12-25
- Association name
- spanish palms
- Association fee includes
- association management, maintenance grounds, sewer, trash, water
Description and features as the listing agent gave them, not checked against the county record. Take the virtual 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 School4/100.2 mi
- Grant Sawyer Middle School3/100.5 mi
- Durango High School2/100.6 mi
Ratings from GreatSchools, as carried by the listing feed.
The market in 89118
146 homes for sale here right now.
This home asks 47% below the ZIP median, and 3% 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.
County record
$155,466 county value$54,413 assessedFY 2026-27District 417
- Construction
- Frame-Stucco
- Roof
- Concrete Tile
- Garage
- 460 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 59 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
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.