NOT LISTED FOR SALE

2601 Rainbow Cir Midland, TX 79707

Estimated Value: $330,000 - $383,000

-- Bed
-- Bath
1,959 Sq Ft
$180/Sq Ft Est. Value

About This Home

This home is located at 2601 Rainbow Cir, Midland, TX 79707 and is currently estimated at $353,241, approximately $180 per square foot. 2601 Rainbow Cir is a home with nearby schools including Bush Elementary School, Abell Junior High School, and Legacy Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Stevens Construction
Bought by
Morgan Johnny and Morgan Teri
Current Estimated Value
$353,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$188,512
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$163,763
Source: Public Records

Range of Values:

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.

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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
Morgan Johnny -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Johnny $200,000
Previous Owner Ss Investments Inc $276,000
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 $3,399 $320,490 $16,750 $303,740
2023 $3,376 $320,490 $16,750 $303,740
2022 $5,398 $345,500 $16,750 $328,750
2021 $286 $16,750 $16,750 $0
Source: Public Records

Map

Texas Midland County Midland 79707

2601 Rainbow Cir, Midland, TX

This home is located at 2601 Rainbow Cir, Midland, TX 79707 and is currently estimated at $353,241, approximately $180 per square foot. 2601 Rainbow Cir is a home with nearby schools including Bush Elementary School, Abell Junior High School, and Legacy Senior High School.

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.

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