Off market

Zestimate^®

$398,800

218 E Rainbow Dr, Ruidoso, NM 88345

3beds

1,878sqft

SingleFamily

Built in 1989

0.26 Acres Lot

$398,800 Zestimate^®

$212/sqft

$2,314 Estimated rent

Home value

$398,800

$375,000 - $427,000

$2,314/mo

Zestimate^® history

Owner options

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$2,314/mo

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$2,314/mo

Rent Zestimate^®

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$2,490/mo

Est. payment

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$2,490/mo

Est. payment

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What's special

Great one level house, with sweet covered decks front and back... granite counters in Kitchen.... Existing long term renters trying to get qualified to buy this....they have been paying Rent of $1450/month and all the bills..... except owner pays membership to Cree Meadows GC. $130/month. This is in C21 Property Mgt. net to owner is $1214/month... so net to owner before property tax and insurance is $1084/month.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Features

Appliances Only, Washer Hookup, Breakfast Bar, Ceiling Fan(s), Open Floorplan, Eat-in Kitchen, In-Law Floorplan

Interior area

Total interior livable area: 1,878 sqft

Property

Parking

Total spaces: 2

Features

Levels: One
Patio & porch: Covered, Front Porch, Rear Porch
Fencing: Fenced, Partial, Back Yard, Chain Link

Lot

Size: 0.26 Acres
Features: Level, Forestry Compliance, Wooded, Views, Near Golf Course, Usable Slopes

Details

Additional structures: Storage
Parcel number: 4072064168329000000
Zoning: R1

Construction

Type & style

Home type: SingleFamily

Condition

Updated/Remodeled
Year built: 1989

Utilities & green energy

Water: Public
Utilities for property: Electricity Connected, Water Connected, Natural Gas Connected, Sewer Connected, Cable Connected

Community & HOA

Community

Security: Smoke Detector(s)

HOA

Has HOA: Yes
HOA fee: $129 monthly

Location

Region: Ruidoso

Financial & listing details

Price per square foot: $212/sqft
Tax assessed value: $363,252
Annual tax amount: $3,656

Price history

Date	Event	Price
4/8/2022	Sold	--
Source: RLCMLS #126705 Report a problem
1/28/2022	Listed for sale	$339,000+4.3%$181/sqft
Source: RLCMLS #126705 Report a problem
12/22/2021	Listing removed	--
Source: RLCMLS #126705 Report a problem
6/8/2021	Listed for sale	$325,000$173/sqft
Source: RLCMLS #126705 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,656 +3.4%	$121,084 +3%
2024	$3,534 +4.5%	$117,557 +3%
2023	$3,381 +30.9%	$114,133 +33.6%
2022	$2,583 +3.5%	$85,439 +3%
2021	$2,496 +2.1%	$82,951 +3%
2020	$2,445 +6.9%	$80,535 +2%
2019	$2,288 +3.6%	$78,956 +3%
2018	$2,208 +3.9%	$76,656 +3%
2017	$2,125	$74,416 0%
2015	$2,125 -0.2%	$74,423
2014	$2,130 +28.7%	$74,423 +18.4%
2010	$1,654	$62,849