NOT LISTED FOR SALE

400 W Rainbow Dr Hobbs, NM 88240

Estimated Value: $110,721 - $119,000

Studio
-- Bath
-- Sq Ft
8,102 Sq Ft Lot

About This Home

This home is located at 400 W Rainbow Dr, Hobbs, NM 88240 and is currently estimated at $114,430. 400 W Rainbow Dr is a home located in Lea County with nearby schools including Southern Heights Elementary School, Heizer Middle School, and Hobbs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2025
Sold by
Milioti Rita
Bought by
Cortez Robert and Milioti Rita
Current Estimated Value
$110,587

Purchase Details

Closed on
Mar 22, 2017
Sold by
Cortez Richard Cano
Bought by
Milioli Rita R
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cortez Robert -- None Listed On Document
Milioli Rita R -- None Available
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 $515 $18,844 $842 $18,002
2023 $507 $18,295 $817 $17,478
2022 $486 $18,295 $817 $17,478
2021 $470 $17,245 $770 $16,475
2020 $450 $16,743 $748 $15,995
2019 $429 $16,255 $726 $15,529
2018 $412 $15,782 $705 $15,077
2017 $423 $45,966 $2,052 $43,914
2016 $370 $44,628 $1,992 $42,636
2015 $1,153 $43,329 $1,935 $41,394
2014 $1,020 $42,066 $1,878 $40,188
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

400 W Rainbow Dr, Hobbs, NM

Not Listed for Sale

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