NOT LISTED FOR SALE

16 Rainbow Ln Santa Fe, NM 87505

Estimated Value: $385,164 - $390,000

-- Bed
-- Bath
423,969 Sq Ft
$1/Sq Ft Est. Value

About This Home

This home is located at 16 Rainbow Ln, Santa Fe, NM 87505 and is currently estimated at $387,582, approximately $0 per square foot. 16 Rainbow Ln is a home located in Santa Fe County with nearby schools including Wood-Gormley Elementary School, Santa Fe High School, and Santa Fe Waldorf School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2025
Sold by
Borsuk Justin Michael
Bought by
Justin M Borsuk Trust and Borsuk
Current Estimated Value
$387,582

Purchase Details

Closed on
May 6, 2025
Sold by
Borsuk/Springer Trust and Borsuk Justin Michael
Bought by
Borsuk Justin Michael

Purchase Details

Closed on
Nov 29, 2016
Sold by
Patrick Michael and Martinez Lynore
Bought by
Braun Kevin W and Anderson Joy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2006
Sold by
Horn Karl and Horn Susan
Bought by
Patrick Michael and Martinez Lynore

Purchase Details

Closed on
Feb 3, 1999
Sold by
Steinman Warren M and Steinman Susan
Bought by
Horn Karl and Horn Susan
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Justin M Borsuk Trust -- None Listed On Document
Borsuk Justin Michael -- None Listed On Document
Braun Kevin W -- Prima Title Llc
Patrick Michael -- Capitol City Title
Horn Karl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braun Kevin W $150,000
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 $2,709 $284,000 $284,000 --
2023 $2,641 $276,500 $276,500 $0
2022 $1,317 $136,125 $136,125 $0
2021 $1,374 $47,174 $47,174 $0
2020 $1,312 $45,049 $45,049 $0
2019 $1,312 $45,049 $45,049 $0
2018 $1,312 $45,049 $45,049 $0
2017 $2,302 $78,999 $78,999 $0
2016 $1,413 $50,000 $50,000 $0
2015 $1,866 $66,667 $66,667 $0
2014 $1,854 $66,600 $66,600 $0
Source: Public Records

Map

New Mexico Santa Fe County Santa Fe 87505

16 Rainbow Ln, Santa Fe, NM

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