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408 Rainbow Ct; Albuquerque, NM Property Details

408 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 408 Rainbow Ct has 8 bedrooms, and 4 bathrooms, and a total of 3,816 square feet. The lot size of 408 Rainbow Ct is 8,451 square feet.

Off market
408 Rainbow Ct SE Albuquerque, NM 87123
$70,000 Listing Price
8 Beds
4 Baths
3,816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1979
  • Purchase Price: $421,475
  • Open Loans / Balance: 1 / $417,302
  • Est. Equity / %: $24,698 / 5.59%
  • APN: 1-022-056-264-263-2-04-12
  • Situs County: Bernalillo
  • Length Of Ownership: 3 months

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: 3,816/SqFt
  • Lot: 8,451/SqFt
  • Gross: 3,816/SqFt
  • Living: 3,816/SqFt
  • Building: 3,816/SqFt
  • Ground: 3,752/SqFt
  • Price Per Square Foot: $110.45

Legal Description

  • Description: *38 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: 35.0649 / -106.50633
  • Subdivision: Singimg Arrow Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3734
  • 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

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

Taxes

408 Rainbow Ct SE has 10 associated Taxes items

408 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 $114,688. The APN we've located for 408 Rainbow Ct is 1-022-056-264-263-2-04-12.

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Taxes
  • Assessed Value:  $114,688
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-022-056-264-263-2-04-12
  • Assessed Land Value:  13265
  • Market Land Value:  40994
  • Tax Amount:  7555.73
  • Tax Year:  2025
  • Market Value:  354423
  • Market Year:  2026

Tax History

408 Rainbow Ct SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $118,129 Land Value $13,663 Improvement Value $104,466 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,555.73 Change Rate +0.083265% Assessed CR Tax Rate
Year 2024 Assessed Value $114,688 Land Value $13,265 Improvement Value $101,423 Tax Amount $6,974.96 Change Rate +0.828491% Assessed CR Tax Rate +0.060817%
Year 2023 Assessed Value $89,266 Land Value $14,495 Improvement Value $74,771 Tax Amount $3,814.6 Change Rate +0.034838% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $86,666 Land Value $14,073 Improvement Value $72,593 Tax Amount $3,686.18 Change Rate +0.03474% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $84,142 Land Value $13,663 Improvement Value $70,479 Tax Amount $3,562.42 Change Rate +0.016661% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $81,691 Land Value $13,265 Improvement Value $68,426 Tax Amount $3,504.04 Change Rate -0.009447% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $82,491 Land Value $13,265 Improvement Value $69,226 Tax Amount $3,537.46 Change Rate +0.210083% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $82,491 Land Value $13,265 Improvement Value $69,226 Tax Amount $2,923.32 Change Rate +0.138977% Assessed CR Tax Rate +0.035438%
Year 2017 Assessed Value $68,626 Land Value $13,265 Improvement Value $55,361 Tax Amount $2,566.62 Change Rate Assessed CR Tax Rate +0.0374%
Year 2016 Assessed Value $60,327 Land Value $13,265 Improvement Value $47,062 Tax Amount $2,566.62 Change Rate -0.957827% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $60,860 Land Value $13,265 Improvement Value $47,595 Tax Amount $60,860 Change Rate +22.549896% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $60,860 Land Value $13,265 Improvement Value $47,595 Tax Amount $2,584.3 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $78,012 Land Value $14,495 Improvement Value $63,517 Tax Amount Change Rate Assessed CR Tax Rate