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407 Rainbow Ct; Albuquerque, NM Property Details

407 Rainbow Ct, Albuquerque, NM is a Apt House 5+ Units that was built in 1978. This property is currently a cash purchase and is not for sale. Our records show that 407 Rainbow Ct has 8 bedrooms, and 4 bathrooms, and a total of 3,800 square feet. The lot size of 407 Rainbow Ct is 9,975 square feet.

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

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1978
  • Open Loans / Balance: 1 / $76,519
  • Est. Equity / %: $350,481 / 82.08%
  • APN: 1-022-056-244-264-2-04-08
  • Situs County: Bernalillo
  • Length Of Ownership: 7 years

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Cover Type: Shingle (Not Wood)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,800/SqFt
  • Lot: 9,975/SqFt
  • Gross: 3,800/SqFt
  • Living: 3,800/SqFt
  • Building: 3,800/SqFt
  • Ground: 3,928/SqFt

Legal Description

  • Description: *42 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: 35.06494 / -106.506966
  • Subdivision: Singimg Arrow Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3730
  • 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

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

Taxes

407 Rainbow Ct SE has 10 associated Taxes items

407 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 $95,397. The APN we've located for 407 Rainbow Ct is 1-022-056-244-264-2-04-08.

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Taxes
  • Assessed Value:  $95,397
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-022-056-244-264-2-04-08
  • Assessed Land Value:  16846
  • Market Land Value:  52059
  • Tax Amount:  4030.92
  • Tax Year:  2025
  • Market Value:  294807
  • Market Year:  2026

Tax History

407 Rainbow Ct SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $98,259 Land Value $17,351 Improvement Value $80,908 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,030.92 Change Rate +0.031538% Assessed CR Tax Rate
Year 2024 Assessed Value $92,619 Land Value $16,355 Improvement Value $76,264 Tax Amount $3,907.68 Change Rate +0.016926% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $89,922 Land Value $15,879 Improvement Value $74,043 Tax Amount $3,842.64 Change Rate +0.034843% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $87,303 Land Value $15,417 Improvement Value $71,886 Tax Amount $3,713.26 Change Rate +0.034744% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $84,761 Land Value $14,968 Improvement Value $69,793 Tax Amount $3,588.58 Change Rate +0.016635% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $82,292 Land Value $14,532 Improvement Value $67,760 Tax Amount $3,529.86 Change Rate +0.455997% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $56,534 Land Value $17,351 Improvement Value $39,183 Tax Amount $2,424.36 Change Rate +0.053081% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $56,534 Land Value $17,351 Improvement Value $39,183 Tax Amount $2,302.16 Change Rate +0.045885% Assessed CR Tax Rate +0.040722%
Year 2017 Assessed Value $54,888 Land Value $16,846 Improvement Value $38,042 Tax Amount $2,201.16 Change Rate Assessed CR Tax Rate +0.040103%
Year 2016 Assessed Value $51,737 Land Value $15,879 Improvement Value $35,858 Tax Amount $2,201.16 Change Rate -0.956179% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $50,231 Land Value $15,417 Improvement Value $34,814 Tax Amount $50,231 Change Rate +23.25634% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $48,768 Land Value $14,968 Improvement Value $33,800 Tax Amount $2,070.84 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $56,086 Land Value $14,532 Improvement Value $41,554 Tax Amount Change Rate Assessed CR Tax Rate