Seller's Agent in 2026
Joseph Maez
The Maez Group
(505) 600-9114
2 in this area
1,437 Total Sales
408 Rainbow Ct SE Albuquerque, NM 87123
Singing Arrow NeighborhoodEstimated Value: $399,900
8
Beds
4
Baths
3,760
Sq Ft
$106/Sq Ft
Est. Value
Highlights
- Fireplace
- Tile Flooring
- Ceiling Fan
- Evaporated cooling system
- Forced Air Heating System
About This Home
As of April 2026Calling all Investors! Southeast Heights 4 Plex, Situated on a quiet cul-de-sac, now available to add to your portfolio! 3 Fully rented and refurbished, 2 bedroom and 1 bathroom units with either a balcony or yard. 1 vacant unit to be rented out! Assigned parking spaces! Great location close to restaurants, shopping and more!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,556
Year Built
- Built in 1979
Lot Details
- 8,451
Home Design
- Quadruplex
- Frame Construction
Interior Spaces
- 3,760 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Fireplace
- Free-Standing Electric Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- 8,451 Sq Ft Lot
Community Details
- 3,760 Sq Ft Building
- Singimg Arrow Subd Subdivision
Listing and Financial Details
- Total Actual Rent $3,300
- Tenant pays for electricity, gas, trash collection
- The owner pays for common area maintenance, water
- Assessor Parcel Number 102205626426320412
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2026
Closed on
Apr 16, 2026
Sold by
Bought by
Seller's Agent
Joseph Maez
The Maez Group
Buyer's Agent
Denis Muebake
American Dream Properties
List Price
$399,900
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$416,469
Interest Rate
6%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 8, 2023
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2018
Sold by
Bought by
Purchase Details
Listed on
Feb 2, 2017
Closed on
Mar 10, 2017
Sold by
Bought by
Seller's Agent
Carey Manders
REALHome Services & Solutions
Buyer's Agent
Patricia Spellman
Coldwell Banker Legacy
List Price
$148,400
Purchase Details
Closed on
Dec 1, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 6, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.23%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 1, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | New Mexico Land & Title | ||
| -- | -- | ||
| -- | Fidelity Nat Title Ins Co | ||
| -- | Rio Grande Title Co Inc | ||
| -- | None Available | ||
| -- | Fidelity Natl Title Ins Co | ||
| $140,000 | Albuquerque Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $417,302 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $140,318 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | Sold | -- | -- | -- | |
| 03/06/2026 03/06/26 | Pending | -- | -- | -- | |
| 03/04/2026 03/04/26 | For Sale | $399,900 | +169.5% | $106 / Sq Ft | |
| 03/24/2017 03/24/17 | Sold | -- | -- | -- | View Prior Sale |
| 03/02/2017 03/02/17 | Pending | -- | -- | -- | |
| 02/02/2017 02/02/17 | For Sale | $148,400 | -- | -- |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,556 | $114,688 | $13,265 | $101,423 |
| 2024 | $6,975 | $114,688 | $13,265 | $101,423 |
| 2023 | $3,815 | $89,266 | $14,495 | $74,771 |
| 2022 | $3,686 | $86,666 | $14,073 | $72,593 |
| 2021 | $3,562 | $84,142 | $13,663 | $70,479 |
| 2020 | $3,504 | $81,691 | $13,265 | $68,426 |
| 2019 | $3,537 | $82,491 | $13,265 | $69,226 |
| 2018 | $2,923 | $82,491 | $13,265 | $69,226 |
| 2017 | $2,804 | $68,626 | $13,265 | $55,361 |
| 2016 | $2,567 | $60,327 | $13,265 | $47,062 |
| 2015 | $60,860 | $60,860 | $13,265 | $47,595 |
| 2014 | $2,584 | $60,860 | $13,265 | $47,595 |
| 2013 | -- | $78,012 | $14,495 | $63,517 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Maez
-
Denis Muebake
D
Buyer's Agent in 2026
Denis Muebake
American Dream Properties
(505) 304-1017
2 in this area
39 Total Sales
-
C
Seller's Agent in 2017
Carey Manders
REALHome Services & Solutions
-
P
Buyer's Agent in 2017
Patricia Spellman
Coldwell Banker Legacy
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1099252
APN: 1-022-056-264-263-2-04-12
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.
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.
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