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100 W Rainbow Dr; Hobbs, NM Property Details

100 W Rainbow Dr, Hobbs, NM is a Single Family. This property is currently Financed and is not for sale. The lot size of 100 W Rainbow Dr is 35,668 square feet.

Off market  •   Bankruptcy ✓
100 W Rainbow Dr Hobbs, NM 88240
$50,246 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $10,518,300
  • Est. Equity / %: $154,000 / 100%
  • APN: 4 000 007 910 001
  • Situs County: Lea
  • Length Of Ownership: 16 years, 1 months

Measurements

  • Lot: 35,668/SqFt

Legal Description

  • Description: SOUTHERN HTS ADD BLOCK 11 LOT 17 18 19 20 N 35 OF 17 795-RANDLE, CHARLES D 1295-EQUICREDIT CORP OF AMERICA 4104-ADDED TRUST 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Hobbs Municipal Schools
  • Lat / Lon: 32.68697 / -103.13693
  • Subdivision: Southern Hts Add
  • Property Class: Residential

Amenities

  • Plus Four: 7330

Ownership Info

100 W Rainbow Dr has no associated ownership info
100 W Rainbow Dr has no associated ownership info.

Taxes

100 W Rainbow Dr has 10 associated Taxes items

100 W Rainbow Dr, Hobbs, NM pays taxes in Lea County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $50,246. The APN we've located for 100 W Rainbow Dr is 4 000 007 910 001.

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Taxes
  • Assessed Value:  $50,246
  • Assessed Year:  2025
  • Assessed County:  Lea
  • APN:  4 000 007 910 001
  • Assessed Land Value:  3789
  • Market Land Value:  11367
  • Tax Amount:  1302.11
  • Tax Year:  2025
  • Market Value:  150738
  • Market Year:  2025

Tax History

100 W Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,246 Land Value $3,789 Improvement Value $46,457 Tax Amount $1,302.11 Change Rate +0.018403% Assessed CR Tax Rate +0.025915%
Year 2024 Assessed Value $48,783 Land Value $3,679 Improvement Value $45,104 Tax Amount $1,278.58 Change Rate +0.017403% Assessed CR Tax Rate +0.02621%
Year 2023 Assessed Value $47,362 Land Value $3,572 Improvement Value $43,790 Tax Amount $1,256.71 Change Rate +0.044655% Assessed CR Tax Rate +0.026534%
Year 2022 Assessed Value $47,362 Land Value $3,572 Improvement Value $43,790 Tax Amount $1,202.99 Change Rate +0.034038% Assessed CR Tax Rate +0.0254%
Year 2021 Assessed Value $44,644 Land Value $3,367 Improvement Value $41,277 Tax Amount $1,163.39 Change Rate +0.047231% Assessed CR Tax Rate +0.026059%
Year 2020 Assessed Value $43,344 Land Value $3,269 Improvement Value $40,075 Tax Amount $1,110.92 Change Rate +0.049503% Assessed CR Tax Rate +0.02563%
Year 2019 Assessed Value $42,082 Land Value $3,174 Improvement Value $38,908 Tax Amount $1,058.52 Change Rate -0.143959% Assessed CR Tax Rate +0.025154%
Year 2018 Assessed Value $40,857 Land Value $3,082 Improvement Value $37,775 Tax Amount $1,236.53 Change Rate +0.030502% Assessed CR Tax Rate +0.030265%
Year 2017 Assessed Value $119,001 Land Value $8,976 Improvement Value $110,025 Tax Amount $1,199.93 Change Rate -0.550352% Assessed CR Tax Rate +0.010083%
Year 2016 Assessed Value $115,536 Land Value $8,715 Improvement Value $106,821 Tax Amount $2,668.6 Change Rate +0.086798% Assessed CR Tax Rate +0.023098%
Year 2015 Assessed Value $112,170 Land Value $8,460 Improvement Value $103,710 Tax Amount $2,455.47 Change Rate +0.026886% Assessed CR Tax Rate +0.021891%
Year 2014 Assessed Value $108,903 Land Value $8,214 Improvement Value $100,689 Tax Amount $2,391.18 Change Rate Assessed CR Tax Rate +0.021957%