1249 Rainbow Street

Local assessors in Taos, NM have categorized 1249 Rainbow Street as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 4,792 square feet. If we look only at the heated or air conditioned part of the building, then 1249 Rainbow Street has a total of 1,301 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1249 Rainbow Street sold most recently in Jun 25, 2019 for a total of $200,000. If you work out the math, that's approximately a cost of $153.73 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,321 in taxes each year. The initial year of tax delinquency occurred in 2021. 1249 Rainbow Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,809. If we break it down further, the land itself was valued at $15,822. Improvements to the property, however, were assessed at a total of $54,987. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.