NOT LISTED FOR SALE

206 E Rainbow Dr Ruidoso, NM 88345

Estimated Value: $322,000 - $446,000

3 Beds
2 Baths
1,900 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 27, 2022

Current estimated payment $2,436/month

35 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Mountain Architecture
  • Golf Course View
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of May 2022

Location, Location! This 3/2, 1 level home is centrally located on Ruidoso's 5th hole of Cree Meadows golf course. Easy year around access with lots of huge closets, fenced backyard, single garage, and extra playroom/multi-purpose room. Plenty of wildlife to enjoy from the front covered porch; Fully-furnished and established AirBNB and turnkey for immediate cashflow! Bring your toothbrush or make money, Ready to go for the arriving tourist season! PRICE REDUCED for area of damaged siding!!!

Last Agent to Sell the Property

Kelli Shelton

Southern New Mexico Realty License #48423,20304 Listed on: 02/21/2022

Last Buyer's Agent

Nenada Maslovaric

Century 21 Aspen Real Estate License #54328

Century 21 Aspen Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Back Yard Fenced
  • Property is zoned R1

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Property Views

  • Golf Course
  • Trees

Home Design

  • Mountain Architecture
  • Pitched Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near golf course

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Window Unit Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Assessor Parcel Number 4072064124313

Community Details

Overview

  • Golf Course Est Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1978 | Remodeled

Lot Details

8,712 Sq Ft Lot

HOA Fees

$130 per month

Parking

1

Listing Details

  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1978
  • Lot Size Acres: 0.2
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Paved
  • Co List Office Phone: 575-257-1111
  • MLS Status: Closed
  • Subdivision Name: Golf Course Est
  • Architectural Style: Mountain
  • ResoBuildingAreaSource: Owner
  • ResoBuildingAreaSource: Owner
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Ceiling Fan(s)2: Yes
  • View TreesWoods: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Roof:Metal3: Yes
  • Utilities:Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • View:Golf Course2: Yes
  • Flooring:Carpet: Yes
  • Rooms:Living Room: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring Laminate: Yes
  • Flooring:Linoleum: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator
  • Flooring: Carpet, Laminate, Linoleum
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Washer Hookup, Electric Dryer Hookup
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Washer Hookup: Yes
  • Other Rooms:Dining Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Fencing: Full, Back Yard
  • Lot Features: Interior Lot, Level, Near Golf Course, Wooded
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Roof: Metal, Pitched
  • View: Golf Course, Trees/Woods
  • Construction Type: Wood Siding
  • Exterior Features: Storage
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Front Porch: Yes
  • ConstructionSiding:Roof Pitched: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Exterior Features:Fencing - Full: Yes
  • Lot Features:Near Golf Course: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Circular Driveway, Paved

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Association/Amenities

  • OtherFeesAssociationFee: 129.99
  • OtherFeesAssociationFeeFrequency: Monthly
  • Common Amenities:Golf Course: Yes

Condo/Co-op/Association

  • Association Fee: 129.99
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1719.27
  • Tax Block: 7
  • Tax Lot: 2
  • Tax Map Number: 4072064124313
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 19, 2022
Sold by
Alfonso Lozano Luis and True Jeanne
Bought by
Platt Audrey and Platt Josie
Seller's Agent
Kelli Shelton
Southern New Mexico Realty
Buyer's Agent
Nenada Maslovaric
Century 21 Aspen Real Estate
List Price
$379,000
Current Estimated Value
$389,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$263,600
Outstanding Balance
$248,339
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$141,049

Purchase Details

Closed on
Apr 28, 2005
Sold by
Lozano Oscar and Lozano Maria Elena
Bought by
Lozano Luis Alfonso and Lozano Jeannie Marie True
Source: Public Records
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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
Platt Audrey -- New Title Company Name
Lozano Luis Alfonso -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platt Audrey $263,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold -- -- --
03/28/2022 03/28/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $379,000 -- $199 / Sq Ft
Source: Ruidoso/Lincoln County Association of REALTORS®

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
2025 $3,096 $104,543 $15,529 $89,014
2024 $3,083 $104,543 $15,529 $89,014
2023 $3,083 $104,543 $15,529 $89,014
2022 $1,897 $58,861 $15,529 $43,332
2021 $1,719 $57,141 $15,075 $42,066
2020 $1,684 $55,478 $14,637 $40,841
2019 $1,576 $54,390 $14,350 $40,040
2018 $1,521 $52,806 $13,932 $38,874
2017 $1,464 $51,268 $13,526 $37,742
2015 $1,467 $51,273 $13,527 $37,746
2014 $1,467 $51,273 $13,527 $37,746
Source: Public Records

Agents Affiliated with this Home

  • Kelli Shelton

    Seller's Agent in 2022

    Kelli Shelton

    Southern New Mexico Realty

    (575) 937-8056

    111 in this area

    167 Total Sales

    Kelli Shelton
    Section Image

  • N

    Buyer's Agent in 2022

    Nenada Maslovaric

    Century 21 Aspen Real Estate

    (727) 768-5864

    35 in this area

    59 Total Sales

    Nenada Maslovaric
    Section Image
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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 127763

APN: 4072064124313000000

New Mexico Lincoln County Ruidoso 88345

206 E Rainbow Dr, Ruidoso, NM

Not Listed for Sale

Detached

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