5000 Rainbow Rd Midland, TX 79707
Wydewood NeighborhoodEstimated Value: $327,000 - $366,000
Studio
2
Baths
2,009
Sq Ft
$170/Sq Ft
Est. Value
About This Home
This home is located at 5000 Rainbow Rd, Midland, TX 79707 and is currently estimated at $341,669, approximately $170 per square foot. 5000 Rainbow Rd is a home located in Midland County 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
Sep 27, 2018
Sold by
Humphreys Ronald K and Humphreys Susan W
Bought by
Harkins Jason L and Harkins Kasey J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,215
Outstanding Balance
$234,671
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$106,998
Purchase Details
Closed on
Dec 18, 2014
Sold by
Stephens Donald M and Stephens Laurie A
Bought by
Humphreys Ronald K and Humphreys Susan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 1997
Bought by
Humphreys Ronald K
Purchase Details
Closed on
Jun 1, 1990
Bought by
Humphreys Ronald K
Purchase Details
Closed on
Apr 1, 1990
Bought by
Humphreys Ronald K
Purchase Details
Closed on
Apr 1, 1985
Bought by
Humphreys Ronald K
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harkins Jason L | -- | West Texas Abstract & Title | |
| Humphreys Ronald K | -- | West Texas Abstract & Title | |
| Humphreys Ronald K | -- | -- | |
| Humphreys Ronald K | -- | -- | |
| Humphreys Ronald K | -- | -- | |
| Humphreys Ronald K | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harkins Jason L | $270,215 | |
| Previous Owner | Humphreys Ronald K | $165,000 |
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 |
|---|---|---|---|---|
| 2025 | $4,717 | $310,650 | $31,120 | $279,530 |
| 2024 | $3,623 | $315,390 | $31,120 | $284,270 |
| 2023 | $3,562 | $315,390 | $31,120 | $284,270 |
| 2022 | $4,580 | $293,120 | $31,120 | $262,000 |
| 2021 | $4,988 | $286,330 | $31,120 | $255,210 |
| 2019 | $5,198 | $274,560 | $31,120 | $243,440 |
| 2018 | $4,651 | $239,200 | $31,120 | $208,080 |
| 2017 | $4,510 | $231,940 | $31,120 | $200,820 |
| 2016 | $4,294 | $220,460 | $31,120 | $189,340 |
| 2015 | -- | $220,460 | $31,120 | $189,340 |
| 2014 | -- | $214,520 | $0 | $0 |
Source: Public Records
Map
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