NOT LISTED FOR SALE

1020 Rainbow Dr Las Cruces, NM 88005

Mesilla Neighborhood

Estimated Value: $385,734 - $464,000

4 Beds
3 Baths
2,694 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 1020 Rainbow Dr, Las Cruces, NM 88005 and is currently estimated at $424,867, approximately $157 per square foot. 1020 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2003
Sold by
Ortiz Robert William and Padula Ortiz Alicia Alipio
Bought by
Ballinger Jim and Ballinger Judy
Current Estimated Value
$424,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Ballinger Jim -- Southwestern Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballinger James $132,000
Closed Ballinger Jim $130,000
Source: Public Records

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 $1,960 $70,346 $10,000 $60,346
2023 $1,927 $68,298 $10,000 $58,298
2022 $1,892 $66,309 $10,000 $56,309
2021 $1,825 $64,378 $10,000 $54,378
2020 $1,775 $62,503 $10,000 $52,503
2019 $1,723 $60,682 $10,000 $50,682
2018 $1,657 $58,915 $10,000 $48,915
2017 $1,472 $57,199 $10,000 $47,199
2016 $1,443 $55,533 $13,033 $42,500
2015 $1,403 $161,763 $39,146 $122,617
2014 $1,357 $157,051 $38,005 $119,046
Source: Public Records

Map

New Mexico Dona Ana County Las Cruces 88005 Mesilla

1020 Rainbow Dr, Las Cruces, NM

This home is located at 1020 Rainbow Dr, Las Cruces, NM 88005 and is currently estimated at $424,867, approximately $157 per square foot. 1020 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.

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