NOT LISTED FOR SALE

407 W Rainbow Dr Hobbs, NM 88240

Estimated Value: $97,605 - $108,000

-- Bed
-- Bath
-- Sq Ft
7,754 Sq Ft Lot

About This Home

This home is located at 407 W Rainbow Dr, Hobbs, NM 88240 and is currently estimated at $102,202. 407 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.

Range of Values:

Collateral Analytics

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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
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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

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 $355 $13,000 $842 $12,158
2023 $350 $12,621 $817 $11,804
2022 $335 $12,621 $817 $11,804
2021 $325 $11,896 $770 $11,126
2020 $310 $11,550 $748 $10,802
2019 $296 $11,213 $726 $10,487
2018 $284 $10,887 $705 $10,182
2017 $292 $31,707 $2,052 $29,655
2016 $295 $30,783 $1,992 $28,791
2015 $19 $29,886 $1,935 $27,951
2014 $18 $29,016 $1,878 $27,138
Source: Public Records

Map

New Mexico Lea County Hobbs 88240

407 W Rainbow Dr, Hobbs, NM

This home is located at 407 W Rainbow Dr, Hobbs, NM 88240 and is currently estimated at $102,202. 407 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.

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