NOT LISTED FOR SALE

201 W Rainbow Dr Hobbs, NM 88240

Estimated Value: $111,000 - $124,507

3 Beds
1 Bath
1,480 Sq Ft
$78/Sq Ft Est. Value

Last Sold October 04, 2024

Current estimated payment $661/month

13 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of October 2024

Great large corner Lot, Brick Home, RV storage cover, covered patio, fenced side yard, 3 bedroom, 1 bath, Large living area with fireplace, Property to be sold in an As-IS Where-Is condition.

Last Agent to Sell the Property

Bobby Shaw

BURKETT - SHAW REALTY / HOBBS Listed on: 09/09/2024

Last Buyer's Agent

Rusty Taylor

Edge Realty Group License #32732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1945

Lot Details

  • Fenced
  • Irregular Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Free-Standing Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000025140001

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • New Construction: No
  • Year Built: 1945
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoLotFeatures: Irregular Lot, Sprinklers In Front
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: No
  • Reso Flooring: Carpet
  • Garage Yn: Yes
  • Reso Interior Features: Fireplace
  • Unit Levels: One
  • Reso Other Structures: Shed(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Living Room
  • Appliances: Free-Standing Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Fencing: Fenced
  • Construction Type: Brick, Floor-Wood, Frame
  • Patio And Porch Features: Patio Covered

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Attached, RV Access/Parking

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Other (see Remarks)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 4000025140001

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 587.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 4, 2024
Sold by
Clampitt Lou Jean
Bought by
Valenzula Julio Cesar Beltra and Ozuna Rabago Manuelita
Seller's Agent
Bobby Shaw
BURKETT - SHAW REALTY / HOBBS
Buyer's Agent
Rusty Taylor
Edge Realty Group
List Price
$109,900
Views
12
Current Estimated Value
$116,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$84,000
Outstanding Balance
$83,135
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$32,992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valenzula Julio Cesar Beltra -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzula Julio Cesar Beltra $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold -- -- --
09/22/2024 09/22/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $109,900 -- $74 / Sq Ft
Source: New Mexico MLS

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 $588 $23,508 $1,395 $22,113
2023 $577 $22,823 $1,354 $21,469
2022 $551 $22,823 $1,354 $21,469
2021 $532 $21,514 $1,277 $20,237
2020 $508 $20,888 $1,240 $19,648
2019 $483 $20,280 $1,204 $19,076
2018 $462 $19,689 $1,169 $18,520
2017 $473 $57,348 $3,405 $53,943
2016 $476 $55,677 $3,306 $52,371
2015 $422 $54,057 $3,210 $50,847
2014 -- $52,482 $3,117 $49,365
Source: Public Records

Agents Affiliated with this Home

  • Bobby Shaw

    Seller's Agent in 2024

    Bobby Shaw

    BURKETT - SHAW REALTY / HOBBS

    (575) 399-0272

    62 Total Sales

    Bobby Shaw
    Section Image
  • Rusty Taylor

    Buyer's Agent in 2024

    Rusty Taylor

    Edge Realty Group

    (575) 393-4083

    49 Total Sales

    Rusty Taylor
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20245484

New Mexico MLS

APN: 4000025140001

New Mexico Lea County Hobbs 88240

201 W Rainbow Dr, Hobbs, NM

Not Listed for Sale

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.

New Mexico MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes