5048 Rainbow Blvd
Las Vegas, NV 89118
3 bd 2 ba 1,163 sqft Built 1987 condo
Most recent sale
$104,791
Feb 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Listed | $280,000 | MLS #2416309 |
| Jul 12, 2022 | Listed | $280,000 | MLS #2416309 |
| Feb 3, 2021 | Sold | $104,791 | Public Record |
| Jan 23, 2007 | Sold | $172,400 | Public Record |
| Feb 24, 2005 | Sold | $44,000,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $22,695 | $21,875 | $44,570 | $962 |
| 2024 | $24,068 | $21,000 | $45,068 | $937 |
| 2023 | $21,638 | $28,438 | $50,076 | $910 |
| 2022 | $20,004 | $17,500 | $37,504 | $837 |
| 2021 | $19,579 | $17,500 | $37,079 | $775 |
| 2020 | $19,615 | $17,063 | $36,678 | $717 |
| 2019 | $19,644 | $16,625 | $36,269 | $672 |
| 2018 | $19,295 | $8,313 | $27,608 | $641 |
| 2017 | $19,859 | $7,438 | $27,296 | $801 |
| 2016 | $20,239 | $7,438 | $27,677 | $602 |
| 2015 | $20,239 | $6,563 | $26,802 | $599 |
| 2014 | $19,484 | $6,125 | $25,609 | $564 |
| 2013 | $13,955 | $5,250 | $19,205 | $563 |
| 2012 | $13,314 | $5,250 | $18,564 | $545 |
| 2011 | $16,474 | $5,233 | $21,707 | $637 |
| 2010 | $15,524 | $6,038 | $21,562 | $634 |
| 2008 | $20,480 | $33,600 | $54,080 | $1,314 |
| 2007 | $18,619 | $42,000 | $60,619 | $1,216 |
Property facts
Year built
1987
Property type
condo
Stories
1
Beds
3
Baths
2
Living area
1,163 sqft
Lot size
—
ZIP code
89118
City
Las Vegas
Street
Rainbow Blvd
Coordinates
36.09583, -115.23894
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$629
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5048 Rainbow Blvd last sell?
5048 Rainbow Blvd most recently sold on Feb 3, 2021 for $104,791.
What is the current tax assessment for 5048 Rainbow Blvd?
The most recent total assessment for 5048 Rainbow Blvd (year 2025) is $44,570 with $962 in property tax.
How does 5048 Rainbow Blvd's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $104,791.
When was 5048 Rainbow Blvd built?
5048 Rainbow Blvd was built in 1987.
How does 5048 Rainbow Blvd compare to others on Rainbow Blvd?
We track 8 other properties on Rainbow Blvd. Browse the list under "Other properties on Rainbow Blvd" to compare beds, baths, and sale history.
What are the property facts for 5048 Rainbow Blvd?
5048 Rainbow Blvd is a 3 bed, 2 bath, 1,163 sqft condo.
Is 5048 Rainbow Blvd a flip candidate?
No — 5048 Rainbow Blvd does not appear in our flips dataset.
Is 5048 Rainbow Blvd a tax-appeal candidate?
No — 5048 Rainbow Blvd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.2%
2026 Q2
$1M
2026 Q3
$1.02M
ZIP 89118 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Blvd