5004 Rainbow Rd Midland, TX 79707
Wydewood NeighborhoodEstimated Value: $272,000 - $326,646
--
Bed
2
Baths
1,947
Sq Ft
$159/Sq Ft
Est. Value
About This Home
This home is located at 5004 Rainbow Rd, Midland, TX 79707 and is currently estimated at $310,162, approximately $159 per square foot. 5004 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
Jun 12, 2020
Sold by
Cranston Tomothy and Cranston Maegan
Bought by
Hre Bawi and Par Mang Hlei
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
$253,326
Outstanding Balance
$224,057
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$86,105
Purchase Details
Closed on
Sep 19, 2016
Sold by
Levine Glenn Richard and Levine Laura Berenice
Bought by
Cranston Timothy and Cranston Maegan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,052
Interest Rate
3.45%
Mortgage Type
VA
Purchase Details
Closed on
Jul 31, 2015
Sold by
Moore Patricia J
Bought by
Levine Glenn Richard and Levine Laura Berenice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,260
Interest Rate
4.13%
Mortgage Type
VA
Purchase Details
Closed on
Jan 1, 2010
Sold by
Milson James N
Bought by
Moore Patricia J and Milson James N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2009
Sold by
Martinez Samuel P and Hendricks Dandra R
Bought by
Moore Patricia J and Milson James N
Purchase Details
Closed on
Jun 23, 1999
Bought by
Cranston Timothy
Purchase Details
Closed on
Mar 2, 1994
Bought by
Cranston Timothy
Purchase Details
Closed on
Jun 1, 1989
Bought by
Cranston Timothy
Purchase Details
Closed on
Feb 1, 1989
Bought by
Cranston Timothy
Purchase Details
Closed on
Jan 1, 1987
Bought by
Cranston Timothy
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 |
|---|---|---|---|
| Hre Bawi | -- | Permian Abstract Company | |
| Cranston Timothy | -- | West Tx Abstract & Title Co | |
| Levine Glenn Richard | -- | West Tx Abstract & Title Co | |
| Moore Patricia J | -- | None Available | |
| Milson James N | -- | None Available | |
| Moore Patricia J | -- | None Available | |
| Cranston Timothy | -- | -- | |
| Cranston Timothy | -- | -- | |
| Cranston Timothy | -- | -- | |
| Cranston Timothy | -- | -- | |
| Cranston Timothy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hre Bawi | $253,326 | |
| Previous Owner | Cranston Timothy | $240,052 | |
| Previous Owner | Levine Glenn Richard | $227,260 | |
| Previous Owner | Milson James N | $170,000 |
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 | $3,396 | $290,470 | $22,040 | $268,430 |
| 2024 | $3,402 | $299,890 | $22,040 | $277,850 |
| 2023 | $3,343 | $299,890 | $22,040 | $277,850 |
| 2022 | $4,324 | $276,780 | $22,040 | $254,740 |
| 2021 | $4,707 | $270,180 | $22,040 | $248,140 |
| 2020 | $3,728 | $259,740 | $22,040 | $237,700 |
| 2019 | $4,695 | $247,990 | $22,040 | $237,700 |
| 2018 | $4,384 | $225,450 | $22,040 | $203,410 |
| 2017 | $4,196 | $215,780 | $22,040 | $193,740 |
| 2016 | $4,041 | $207,440 | $22,040 | $185,400 |
| 2015 | -- | $207,440 | $22,040 | $185,400 |
| 2014 | -- | $201,590 | $0 | $0 |
Source: Public Records
Map
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