5050 North Rainbow Boulevard

5050 North Rainbow Boulevard in Las Vegas, NV was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a industrial property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 5050 North Rainbow Boulevard has 2,091 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,999,840 square feet.

Learn more about the property and building on this page. The roof of the home is made of metal. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of masonry. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5050 North Rainbow Boulevard was last sold in Aug 1, 2005 for $6,712,500. According to our calculations, that's $426.60 per sqft. Prior to that sales transaction, the property was sold for $6,712,500 in Feb 2, 2006. Current property owners are expected to pay $81,611 in taxes per year. The property on 5050 North Rainbow Boulevard was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $3,488,030. To break that down further, the land itself was valued at $2,249,590. While improvements to the property were assessed at a total of $1,238,440. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.