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6375 South Rainbow Boulevard

6375 South Rainbow Boulevard, Las Vegas, NV 89118
Property in Sovana
6375 South Rainbow Boulevard has been categorized by the local assessors in Las Vegas, NV as a commercial type of property. The building on the property was first built in 2005 and is 19 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6375 South Rainbow Boulevard has 9,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 46,609 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 56 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The exterior walls of the building are made of a combination of material. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6375 South Rainbow Boulevard sold most recently in Sep 26, 2018 for a total of $19,500,000. If you work out the math, that's approximately a cost of $2,152.32 per sqft. Before that, the property was also sold for $8,000,000 in Oct 29, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,244 in taxes each year. 6375 South Rainbow Boulevard was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $661,100. If we break it down further, the land itself was valued at $256,932. Improvements to the property, however, were assessed at a total of $404,168. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Business/Commerical Units Count: 5
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 56

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 9,060
  • Gross Building Area: 9,060
  • Building Area: 9,060
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 9,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Specialized buildings
  • Property Class: Commercial
  • Subdivision: RAINBOW SUNSET PAVILION
  • Land Acres: 1.07
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: RAINBOW SUNSET PAVILION PLAT BOOK 123 PAGE 92 PT UNNUMBERED LOT

Ownership

  • Current Owner : GALLO PAUL C
  • Current Owner 2: THE PAUL C GALLO TRUST
  • Previous Owner : BRENTWOOD RAINBOW SUNSET LLC
  • Owner Before Previous Owner: BRENTWOOD PAVILION LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Clark County School District
  • Census Tract: 002975

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 163-034
  • District: SPRV
  • Parcel: 163-34-811-025
  • Meridian: SEC 34 TWN 21S RNG 60E
  • Municipality: SPRING VALLEY TOWN
  • Latitude: 36.0725
  • Longitude: -115.244

    Address

  • Full Address: 6375 S Rainbow Blvd
  • Address - House Number: 6375
  • Street Direction: S
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Blvd
  • State: NV
  • City Name: Las Vegas
  • Carrier Code: C073
  • 4-Digit Zip Code: 3219
  • Zip Code: 89118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,244
  • Tax Rate Code Area: 417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,836,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $5,836,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $1,538,863
  • Market Land Value: $608,246
  • Market Improvement Value: $930,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,100
  • Assessed Land Value: $256,932
  • Assessed Improvements Value: $404,168

    Sales

  • Current Sale Contract Date: Sep 26, 2018
  • Current Sale Recording Date: Oct 01, 2018
  • Current Sale Transaction ID: 11510842684
  • Current Sale Price: $19,500,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20181001-0000886
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Contract Date: Oct 29, 2011
  • Previous Sale Amount: $8,000,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Oct 01, 2018
  • First Mortgage Loan Amount: $5,836,000
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Financing

  • First Mortgage Financing Type: Variable

About Sovana



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Frequently Asked Questions

What neighborhood is 6375 South Rainbow Boulevard located in?
The 6375 South Rainbow Boulevard is a located in the neighborhood of Sovana in Sovana, Las Vegas.
What is the average sales price for listings in 6375 South Rainbow Boulevard?
The average sales price for units in 6375 South Rainbow Boulevard is $0 currently.

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