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401 Rainbow Ct; Albuquerque, NM Property Details

401 Rainbow Ct, Albuquerque, NM is a Apt House 5+ Units that was built in 1979. This property is currently Financed and is not for sale. Our records show that 401 Rainbow Ct has 8 bedrooms, and 4 bathrooms, and a total of 3,800 square feet. The lot size of 401 Rainbow Ct is 15,943 square feet.

Off market
401 Rainbow Ct SE Albuquerque, NM 87123
$265,000 Listing Price
8 Beds
4 Baths
3,800 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $172,700
  • Open Loans / Balance: 1 / $76,519
  • Est. Equity / %: $350,481 / 82.08%
  • Inv. Liens / Amount: 1 / $1,083
  • APN: 1-022-056-244-276-2-04-09
  • Situs County: Bernalillo
  • Length Of Ownership: 20 years, 3 months

Rooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 16

Structure

  • Floor Cover Type: Tile
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,800/SqFt
  • Lot: 15,943/SqFt
  • Gross: 3,800/SqFt
  • Living: 3,800/SqFt
  • Building: 3,800/SqFt
  • Ground: 3,928/SqFt
  • Price Per Square Foot: $45.45

Legal Description

  • Description: *41 SINGIMG ARROW SUBD REPLAT OF TRACT J DORADO VILLAGE & LO TS 1 & 2 BLK H CAN
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.06525 / -106.50694
  • Subdivision: Singimg Arrow Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3731
  • Bathroom Fixtures: 12
  • Heating: Forced air unit

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Monthly
  • H O A One Name: Anderson Heights Hoa
  • H O A One Type: Home Owner Association

Ownership Info

401 Rainbow Ct SE has no associated ownership info
401 Rainbow Ct SE has no associated ownership info.

Taxes

401 Rainbow Ct SE has 10 associated Taxes items

401 Rainbow Ct, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $98,875. The APN we've located for 401 Rainbow Ct is 1-022-056-244-276-2-04-09.

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Taxes
  • Assessed Value:  $98,875
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-022-056-244-276-2-04-09
  • Assessed Land Value:  22487
  • Market Land Value:  69492
  • Tax Amount:  4177.88
  • Tax Year:  2025
  • Market Value:  305553
  • Market Year:  2026

Tax History

401 Rainbow Ct SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $101,841 Land Value $23,162 Improvement Value $78,679 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,177.88 Change Rate +0.03154% Assessed CR Tax Rate
Year 2024 Assessed Value $95,995 Land Value $21,832 Improvement Value $74,163 Tax Amount $4,050.14 Change Rate +0.016933% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $93,200 Land Value $21,197 Improvement Value $72,003 Tax Amount $3,982.7 Change Rate +0.034844% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $90,485 Land Value $20,579 Improvement Value $69,906 Tax Amount $3,848.6 Change Rate +0.034737% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $87,850 Land Value $19,980 Improvement Value $67,870 Tax Amount $3,719.4 Change Rate +0.016652% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $85,291 Land Value $19,398 Improvement Value $65,893 Tax Amount $3,658.48 Change Rate +0.50905% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $56,534 Land Value $23,162 Improvement Value $33,372 Tax Amount $2,424.36 Change Rate +0.053085% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $56,534 Land Value $23,162 Improvement Value $33,372 Tax Amount $2,302.15 Change Rate +0.045861% Assessed CR Tax Rate +0.040722%
Year 2017 Assessed Value $54,887 Land Value $22,487 Improvement Value $32,400 Tax Amount $2,201.2 Change Rate Assessed CR Tax Rate +0.040104%
Year 2016 Assessed Value $51,738 Land Value $21,197 Improvement Value $30,541 Tax Amount $2,201.2 Change Rate -0.956178% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $50,230 Land Value $20,579 Improvement Value $29,651 Tax Amount $50,230 Change Rate +23.255857% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $48,768 Land Value $19,980 Improvement Value $28,788 Tax Amount $2,070.84 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $56,093 Land Value $19,398 Improvement Value $36,695 Tax Amount Change Rate Assessed CR Tax Rate