$289,000
SOLD JAN 13, 2012
Last list price

1005 Rainbow Dr Las Cruces, NM 88005

Mesilla Neighborhood
5 Beds
3 Baths
3,036 Sq Ft
0.56 Acres

Recently Sold

$95 Per Sq Ft

12 Days on Market

Highlights

  • RV Access or Parking
  • Outdoor Water Feature
  • Shed
  • 1 Fireplace
  • Courtyard
  • Forced Air Heating System

About This Home

As of October 2018

Gorgeous adobe, Santa Fe style home situated only a third mile from the Mesilla Plaza. Upon entering the front gate, you'll walk into a private, large courtyard with Koi pond, mature shade tree & beautiful flowers. The kitchen/ dining area has just been opened up to make it perfect for entertaining and there's a new breakfast bar. Other great features include a Kiva fireplace in one bedroom, built-in bookcases, updated lighting, 3 year old roof, new elastomeric paint & refrigerated air. Main house has 4 bd/ 1.75 baths (2460 sf) and a separate 1 bd/ 1 bath apartment (575 sf) only 3 years old. This passive solar home sits on a .55 acre corner lot with 9 pecan trees & EBID water rights. You'll have plenty of space to park an RV, boat...you name it!

Last Agent to Sell the Property

Irma Chavez-May

EXIT Realty Horizons License #42179 Listed on: 12/02/2011

EXIT Realty Horizons

Last Buyer's Agent

Monica Escamilla

Coldwell Banker Legacy Elite License #30697

Coldwell Banker Legacy Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 1971

Lot Details

  • 0.56 Acre Lot
  • Block Wall Fence
  • Wire Fence

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco
  • Adobe

Interior Spaces

  • 3,036 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Courtyard
  • Outdoor Water Feature
  • Shed

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Buena Vista Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,719

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1971
  • Co List Office Mls Id: LCNEXIT
  • Subdivision Name: Buena Vista Estates
  • Directions: Highway 28, East Boutz, right on Rainbow or Valley Drive, West Boutz, left on Rainbow.
  • Carport Spaces: 2
  • LivingArea: 3036
  • Special Features: None

Interior Features

  • Interior Amenities: Alarm Pre-Wire, Dryer, Smoke Detector(s), Washer
  • Basement: None
  • Total Bedrooms: 5
  • Fireplaces: 1

Exterior Features

  • Roof: Flat
  • Exterior Features: Cable TV, RV Access, Satellite Dish, Shed(s), Water Feature
  • Acres: 0.56
  • Construction Type: Adobe, Frame, Stucco
  • Patio And Porch Features: Courtyard

Utilities

  • Heating: Forced Air, Gas
  • Cooling: Refrigerated Central
  • Utilities: City Gas, EBID
  • Sewer: City Sewer
  • Water Source: City

Lot Info

  • Fencing: Adobe, Block, Wire
  • Lot Dimensions: .51 to .75 AC
  • Lot Size Sq Ft: 24360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Willows At Picacho Mountain
Bought by
Blalock Renee
Current Estimated Value
$534,694

Purchase Details

Listed on
May 29, 2018
Closed on
Oct 12, 2018
Sold by
Britain Kristen
Bought by
Benedict Gregory F and Benedict Denise M
Seller's Agent
Monica Escamilla
Coldwell Banker Legacy Elite
Buyer's Agent
Victoria Martin
BHGRE Steinborn & Associates
List Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2011
Closed on
Jan 13, 2012
Sold by
Green William
Bought by
Britain Kristen
Seller's Agent
Irma Chavez-May
EXIT Realty Horizons
Buyer's Agent
Monica Escamilla
Coldwell Banker Legacy Elite
List Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Green William and Green Tania
Bought by
Green William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,897
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2002
Sold by
Green William G
Bought by
Green William and Green Tania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,350
Interest Rate
6.42%

Purchase Details

Closed on
May 11, 2001
Sold by
Poling John Clark and Poling Jackie C
Bought by
Green William G and Green William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,334
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Dona Ana Title Company
Warranty Deed -- Dona Ana Title Company
Warranty Deed -- Dona Ana Title Company
Interfamily Deed Transfer -- Dona Ana Title Co Inc
Interfamily Deed Transfer -- Southwestern Abstract & Titl
Warranty Deed -- Dona Ana Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $301,500 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $233,040 FHA
Previous Owner $229,897 FHA
Previous Owner $45,000 Stand Alone Second
Previous Owner $137,400 Unknown
Previous Owner $34,500 Stand Alone Second
Previous Owner $119,350 No Value Available
Previous Owner $117,334 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2023 12/24/23 Off Market -- -- --
12/24/2023 12/24/23 Off Market -- -- --
09/24/2023 09/24/23 Off Market -- -- --
03/29/2021 03/29/21 Off Market -- -- --
10/20/2018 10/20/18 Off Market -- -- --
10/19/2018 10/19/18 Sold -- -- --
08/27/2018 08/27/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $325,000 -3.0% $107 / Sq Ft
06/12/2018 06/12/18 For Sale $335,000 0.0% $110 / Sq Ft
06/07/2018 06/07/18 Off Market -- -- --
05/29/2018 05/29/18 For Sale $335,000 +15.9% $110 / Sq Ft
01/13/2012 01/13/12 Sold -- -- --
12/14/2011 12/14/11 Pending -- -- --
12/02/2011 12/02/11 For Sale $289,000 -- $95 / Sq Ft
Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,719 $122,114 $10,000 $112,114
2023 $3,667 $118,557 $10,000 $108,557
2022 $3,719 $118,557 $10,000 $108,557
2021 $3,703 $118,467 $10,000 $108,467
2020 $3,614 $115,017 $10,000 $105,017
2019 $3,518 $111,667 $10,000 $101,667
2018 $2,497 $79,752 $10,000 $69,752
2017 $2,226 $77,429 $10,927 $66,502
2016 $2,256 $77,429 $10,927 $66,502
2015 $2,201 $225,523 $31,827 $193,696
2014 $2,136 $218,954 $30,900 $188,054
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Monica Escamilla

    Coldwell Banker Legacy Elite

    Section Image

  • V

    Buyer's Agent in 2018

    Victoria Martin

    BHGRE Steinborn & Associates

    Section Image
  • Irma Chavez-May

    Seller's Agent in 2012

    Irma Chavez-May

    EXIT Realty Horizons

    (575) 635-1113

    7 in this area

    274 Total Sales

    Irma Chavez-May
    Section Image
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Map

Source: Southern New Mexico MLS (Las Cruces Association of REALTORS®)

MLS Number: 1103406

Southern New Mexico MLS (Las Cruces Association of REALTORS®)

APN: 02-02844

New Mexico Dona Ana County Las Cruces 88005 Mesilla

1005 Rainbow Dr, Las Cruces, NM

This home is located at 1005 Rainbow Dr, Las Cruces, NM 88005 and is currently estimated at $289,000, approximately $95 per square foot. This property was built in 1971. 1005 Rainbow Dr is a home located in Dona Ana County with nearby schools including Mesilla Elementary School, Zia Middle School, and Las Cruces High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern New Mexico MLS (Las Cruces Association of REALTORS®) The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

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