NOT LISTED FOR SALE

106 Rainbow Dr Ruidoso, NM 88345

Estimated Value: $380,000 - $718,000

5 Beds
6 Baths
2,084 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2023

Current estimated payment $3,700 / mo

49 Days on Market

Highlights

  • Guest House
  • 1.45 Acre Lot
  • Chalet
  • Views of Trees
  • Open Floorplan
  • Deck

About This Home

As of October 2023

Nestled on a large lot in the cool pines, this property consists of two homes. Both homes having abundance of beautiful woodwork both inside and out. These properties have both gas fireplaces and wood burning and will convey furnished. There is a main home consisting of three bedrooms and three bathrooms. The second home is smaller, consisting of two bedrooms and two bathrooms. The larger home was formerly a pottery studio. In recent years it was converted into a beautiful cabin that has performed incredibly as a nightly rental. These properties are within walking distance from Casablanca and Rio Grande. The home features wonderful views, a relaxing setting, a very large yard, a circular driveway, and more space for buildings in the future.

Last Agent to Sell the Property

Gavin Bigger

Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso License #52102 Listed on: 06/07/2023

Last Buyer's Agent

Anette Wood

Ruidoso Dream Catcher Realty License #18967

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,043

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.45 Acre Lot
  • Dog Run
  • Rectangular Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Trees
  • Canyon
  • Mountain
  • Forest

Home Design

  • Chalet
  • Mountain Architecture
  • Log Cabin
  • Pitched Roof
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stucco

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Water Heater
  • Water Softener is Owned

Community Details

  • Young Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 4071064462360

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,043

Year Built

Built in 1957 | Remodeled

Lot Details

1.45 Acres

Listing Details

  • Directions: Turn onto Rainbow from Mechem across from Summit Dental
  • Unit Levels: Two
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1957
  • Current Use: None
  • Lot Size Acres: 1.45
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Asphalt
  • Co List Office Phone: 575-257-4011
  • MLS Status: Closed
  • Subdivision Name: Young Heights
  • Architectural Style: Mountain, Cabin, Chalet, Log
  • ResoBuildingAreaSource: Assessor
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Water Softener Owned, Microwave, Refrigerator, Washer, Dishwasher, Gas Range, Double Oven, Dryer, Gas Cooktop, Water Heater
  • Flooring: Carpet, Wood, Vinyl
  • Other Equipment: None
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Features: Ceiling Fan(s), Eat-in Kitchen, Master Downstairs, Open Floorplan, Recessed Lighting

Exterior Features

  • Lot Features: Gentle Sloping, Level, Rectangular Lot, Views, Wooded, Usable Slopes
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Roof: Metal, Pitched
  • View: Mountain(s), Trees/Woods, Forest, Canyon
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Log Siding, Wood Siding, Stucco
  • Exterior Features: Balcony, Dog Run, Lighting, Rain Gutters, Storage
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Fireplace(s), Forced Air, Natural Gas, Central
  • Security: Smoke Detector(s)
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Electricity Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer

Lot Info

  • Zoning: R1
  • Lot Dimensions: see map
  • Lot Size Sq Ft: 63162.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 4071064462360

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7043.0
  • Tax Block: 1
  • Tax Lot: 3
  • Tax Tract: -

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 28, 2023
Sold by
Bought by
Seller's Agent
Gavin Bigger
Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso
Buyer's Agent
Anette Wood
Ruidoso Dream Catcher Realty
List Price
$699,000
Views
180
Current Estimated Value
$593,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%
Original Mortgage
$215,800
Outstanding Balance
$210,932
Interest Rate
7.09%
Mortgage Type
VA
Estimated Equity
$382,252

Purchase Details

Closed on
Mar 15, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lincoln County Abstract & Titl
-- None Listed On Document
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $215,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold -- -- --
07/24/2023 07/24/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $699,000 -- $335 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,019 $199,188 $9,537 $189,651
2024 $5,848 $196,528 $9,259 $187,269
2023 $5,848 $108,965 $8,989 $99,976
2022 $3,286 $105,791 $8,727 $97,064
2021 $3,222 $59,634 $8,472 $51,162
2020 $3,071 $57,897 $8,225 $49,672
2019 $2,878 $56,762 $8,064 $48,698
2018 $2,811 $55,108 $7,829 $47,279
2017 $2,775 $53,503 $7,601 $45,902
2015 $2,660 $91,753 $7,381 $84,372
2014 $2,555 $89,081 $7,166 $81,915
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gavin Bigger

    Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso

  • A

    Buyer's Agent in 2023

    Anette Wood

    Ruidoso Dream Catcher Realty

    (619) 813-6734

    31 Total Sales

    Anette Wood
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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 129688

APN: 4071064462360000000

New Mexico Lincoln County Ruidoso 88345

106 Rainbow Dr, Ruidoso, NM

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