NOT LISTED FOR SALE

307 W Rainbow Dr Hobbs, NM 88240

Estimated Value: $88,000 - $102,000

3 Beds
1 Bath
957 Sq Ft
$101/Sq Ft Est. Value

Last Sold March 25, 2025

Current estimated payment $520/month

3 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property
  • Attached Carport

About This Home

As of March 2025

Cozy, 3 bedroom, 1 bath home. Bathroom needs remodeled. Windows and exterior paint upgraded in 2019. Granite counter tops and newer cabinets in the kitchen. All appliances included even the washer and dryer! Call today for an appointment to see this home, sweet home! We can't wait to welcome you home!

Last Agent to Sell the Property

Dawn Stixrud

REMAX ASPIRE License #51615 Listed on: 03/05/2025

Last Buyer's Agent

Cesar Jimenez

Rivas Real Estate Team Co. License #REC-2024-0732

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $207

Year Built

  • Built in 1948

Lot Details

  • 8,100 Sq Ft Lot
  • Lot Dimensions are 135 x 60

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4000022720001

Home Details

Home Type

Single Family

Est. Annual Taxes

$207

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • New Construction: No
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Site Built
  • Prop. Type: Residential
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer, Water Heater - One
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.186
  • Construction Type: Frame, Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2

Utilities

  • Utilities: Sewer Connected
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 135 x 60
  • Lot Size Sq Ft: 8100
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000022720001
  • ResoLotSizeUnits: SquareFeet

Green Features

Tax Info

  • Year: 2024
  • Tax Annual Amount: 206.62

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Mar 24, 2025
Sold by
Cruce Susan and Cruce Brandon
Bought by
Morales-Martinez Americo
Seller's Agent
Dawn Stixrud
REMAX ASPIRE
Buyer's Agent
Cesar Jimenez
Rivas Real Estate Team Co.
List Price
$105,000
Views
23
Current Estimated Value
$96,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
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

Purchase History

Date Buyer Sale Price Title Company
Morales-Martinez Americo -- Pioneer Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold -- -- --
03/08/2025 03/08/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $105,000 -- $110 / Sq Ft
Source: New Mexico MLS

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 $207 $9,560 $842 $8,718
2023 $202 $9,281 $817 $8,464
2022 $192 $9,281 $817 $8,464
2021 $184 $8,748 $770 $7,978
2020 $175 $8,494 $748 $7,746
2019 $165 $8,246 $726 $7,520
2018 $157 $8,006 $705 $7,301
2017 $159 $23,316 $2,052 $21,264
2016 $159 $22,638 $1,992 $20,646
2015 $866 $21,981 $1,935 $20,046
2014 $798 $21,339 $1,878 $19,461
Source: Public Records

Agents Affiliated with this Home

  • Dawn Stixrud

    Seller's Agent in 2025

    Dawn Stixrud

    RE/MAX

    (575) 942-4519

    145 Total Sales

    Dawn Stixrud
    Section Image

  • C

    Buyer's Agent in 2025

    Cesar Jimenez

    Rivas Real Estate Team Co.

    (575) 602-5795

    28 Total Sales

    Cesar Jimenez
    Section Image
See All Agents

Map

Source: New Mexico MLS

MLS Number: 20251262

New Mexico MLS

APN: 4000022720001

New Mexico Lea County Hobbs 88240

307 W Rainbow Dr, Hobbs, NM

Not Listed for Sale

Detached

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