NOT LISTED FOR SALE

218 E Rainbow Dr Ruidoso, NM 88345

Estimated Value: $338,000 - $488,000

3 Beds
2 Baths
1,878 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 08, 2022

Current estimated payment $2,483/month

266 Days on Market

Highlights

  • Golf Course View
  • Wooded Lot
  • Great Room
  • Open Floorplan
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of April 2022

Great one level house, with sweet covered decks front and back... granite counters in Kitchen....
Attached garage ,stuccoed exterior and EZ, EZ access! Includes a not severable membership to Cree
Meadows golf course...$130/month for free golf..carts not included.

Last Agent to Sell the Property

Scott Roser

Roser Real Estate License #12931 Listed on: 01/28/2022

Last Buyer's Agent

Scott Roser

Century 21 Aspen Real Estate License #12931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 80x129x82x150
  • Level Lot
  • Wooded Lot
  • Back Yard Fenced
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Property Views

  • Golf Course
  • Trees
  • Mountain
  • Forest
  • Valley

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,878 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Utility Room
  • Washer
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near golf course

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Golf Course Est Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 7
  • Assessor Parcel Number 4072064168329

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,400

Year Built

Built in 1989 | Remodeled

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Directions: Off Mechem, East on Rainbow left on Lower Terrace, quick right on E. Rainbow.
  • Unit Levels: One
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1989
  • Lot Size Acres: 0.26
  • Road Frontage Type: City/Public Street
  • Road Surface Type: Asphalt, Paved
  • Co List Office Phone: 575-257-9057
  • MLS Status: Closed
  • Subdivision Name: Golf Course Est
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • ResoBuildingAreaSource: Assessor
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • View TreesWoods: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Utilities Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Back Yard: Yes
  • View:Golf Course2: Yes
  • Flooring:Carpet: Yes
  • Security Features:Smoke Detector(s): Yes
  • Fencing:Partial: Yes
  • View:Mountain(s): Yes
  • Utilities Cable Connected: Yes
  • Roof:Shingle: Yes
  • Other Structures:Storage3: Yes
  • View Forest: Yes
  • Flooring:Linoleum: Yes
  • Roof:Composition: Yes
  • View:Valley: Yes
  • Fencing:Chain Link: Yes
  • Fencing Fenced: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Appliances Only, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Open Floorplan, Washer Hookup
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Washer Hookup: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Other Rooms:Great Room: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Fencing: Chain Link, Fenced, Partial, Back Yard
  • Lot Features: Forestry Compliance, Level, Near Golf Course, Usable Slopes, Views, Wooded
  • Other Structures: Storage, None
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Roof: Composition, Shingle
  • View: Forest, Golf Course, Mountain(s), Trees/Woods, Valley
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Rain Gutters
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Near Golf Course: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Paved

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes
  • Water Heater: Yes

Lot Info

  • Lot Dimensions: 80x129x82x150
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Block: 7
  • Tax Lot: 8
  • Tax Map Number: 4072064168329
  • Tax Tract: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Apr 7, 2022
Sold by
Oreilly Melanie P and Oreilly John D
Bought by
Montoya Michael R and Montoya Candice Joy
Seller's Agent
Scott Roser
Roser Real Estate
Buyer's Agent
Scott Roser
Roser Real Estate
List Price
$325,000
Current Estimated Value
$414,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$302,100
Outstanding Balance
$285,133
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$128,970

Purchase Details

Closed on
Sep 10, 2012
Sold by
Brown John L and Brown Deborah L
Bought by
Oreilly Melanie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Woods Paul B and Woods Jackie
Bought by
Brown Deborah L and Brown John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Montoya Michael R -- Alliance Title
Oreilly Melanie P -- None Available
Brown Deborah L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montoya Michael R $302,100
Previous Owner Oreilly Melanie P $198,000
Previous Owner Brown Deborah L $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold -- -- --
03/01/2022 03/01/22 Pending -- -- --
06/08/2021 06/08/21 For Sale $325,000 -- $173 / 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 $3,656 $121,084 $16,475 $104,609
2024 $3,534 $117,557 $15,995 $101,562
2023 $3,534 $114,133 $15,529 $98,604
2022 $2,583 $85,439 $15,077 $70,362
2021 $2,496 $82,943 $14,637 $68,306
2020 $2,445 $80,527 $14,211 $66,316
2019 $2,288 $78,948 $13,932 $65,016
2018 $2,208 $76,649 $13,526 $63,123
2017 $2,125 $74,416 $13,132 $61,284
2015 $2,129 $74,423 $13,133 $61,290
2014 $2,130 $74,423 $13,133 $61,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ruidoso/Lincoln County Association of REALTORS®

MLS Number: 126705

APN: 4072064168329000000

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