5003 Rainbow Rd Midland, TX 79707
Wydewood NeighborhoodEstimated Value: $227,000 - $286,000
--
Bed
--
Bath
1,335
Sq Ft
$194/Sq Ft
Est. Value
About This Home
This home is located at 5003 Rainbow Rd, Midland, TX 79707 and is currently estimated at $258,636, approximately $193 per square foot. 5003 Rainbow Rd is a home located in Midland County with nearby schools including Bush Elementary School, Abell Junior High School, and Trinity School of Midland.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2014
Sold by
Chetirko Sharron
Bought by
Merriman Lauren
Current Estimated Value
Purchase Details
Closed on
Nov 6, 2013
Sold by
Jefferson Wayne and Jefferson Julianne
Bought by
Merriman Lauren and Chetirko Sharron
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2011
Sold by
Galvan Daniel and Galvan Annette
Bought by
Jefferson Wayne and Jefferson Julianne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,414
Interest Rate
5.04%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 19, 2007
Sold by
Johnson Virginia
Bought by
Galvan Daniel and Galvan Annette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 12, 2006
Sold by
Hanlan James Todd and Hanlan Amanda
Bought by
Johnson Virginia
Purchase Details
Closed on
Feb 8, 2002
Sold by
Hanlan James T
Bought by
Merriman Lauren
Purchase Details
Closed on
Jul 31, 1999
Bought by
Merriman Lauren
Purchase Details
Closed on
Feb 1, 1983
Bought by
Merriman Lauren
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merriman Lauren | -- | Chicago Title | |
| Merriman Lauren | -- | None Available | |
| Jefferson Wayne | -- | West Texas Abstract & Title | |
| Galvan Daniel | -- | Lone Star Abstract & Title C | |
| Johnson Virginia | -- | Lone Star Abstract & Title C | |
| Merriman Lauren | -- | -- | |
| Merriman Lauren | -- | -- | |
| Merriman Lauren | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Merriman Lauren | $140,000 | |
| Previous Owner | Jefferson Wayne | $99,414 | |
| Previous Owner | Galvan Daniel | $91,200 |
Source: Public Records
Tax History Compared to Growth
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 | $2,720 | $245,450 | $15,000 | $230,450 |
| 2024 | $2,725 | $252,430 | $15,000 | $237,430 |
| 2023 | $2,665 | $252,430 | $15,000 | $237,430 |
| 2022 | $3,575 | $228,820 | $15,000 | $213,820 |
| 2021 | $3,890 | $223,280 | $15,000 | $208,280 |
| 2020 | $3,078 | $209,720 | $15,000 | $194,720 |
| 2019 | $3,588 | $189,530 | $15,000 | $194,720 |
| 2018 | $3,350 | $172,300 | $15,000 | $157,300 |
| 2017 | $3,254 | $167,350 | $15,000 | $152,350 |
| 2016 | $3,138 | $161,100 | $15,000 | $146,100 |
| 2015 | -- | $161,100 | $15,000 | $146,100 |
| 2014 | -- | $158,100 | $15,000 | $143,100 |
Source: Public Records
Map
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