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7401 Rainwater Rd; Albuquerque, NM Property Details

7401 Rainwater Rd, Albuquerque, NM is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 7401 Rainwater Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,356 square feet. The lot size of 7401 Rainwater Rd is 4,487 square feet.

Off market
7401 Rainwater Rd SW Albuquerque, NM 87121
$113,119 Listing Price
3 Beds
2 Baths
1,356 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $124,300
  • Open Loans / Balance: 4 / $198,376
  • Est. Equity / %: $85,624 / 30.15%
  • Gross Yield: 8.577%
  • APN: 1-010-055-312-227-4-32-14
  • Situs County: Bernalillo
  • Length Of Ownership: 10 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Building Condition: Fair
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,356/SqFt
  • Lot: 4,487/SqFt
  • Gross: 1,356/SqFt
  • Living: 1,356/SqFt
  • Building: 1,356/SqFt
  • Ground: 2,712/SqFt
  • Price Per Square Foot: $91.67

Legal Description

  • Description: LOT 14 BLOCK E CORRECTED PLAT FOR DESERT SPRINGS SUBDIVISION UNIT THREE BEING A REPLAT OF TRACT C-1-A DESERT SPRINGS
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.049553 / -106.71784
  • Subdivision: Desert Springs Subdivision
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8468
  • Bathroom Fixtures: 9
  • Heating: Forced air unit

Ownership Info

7401 Rainwater Rd SW has no associated ownership info
7401 Rainwater Rd SW has no associated ownership info.

Taxes

7401 Rainwater Rd SW has 10 associated Taxes items

7401 Rainwater Rd, 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 $46,323. The APN we've located for 7401 Rainwater Rd is 1-010-055-312-227-4-32-14.

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Taxes
  • Assessed Value:  $46,323
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-010-055-312-227-4-32-14
  • Assessed Land Value:  10307
  • Market Land Value:  31851
  • Tax Amount:  1872.82
  • Tax Year:  2025
  • Market Value:  143151
  • Market Year:  2026

Tax History

7401 Rainwater Rd SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $47,712 Land Value $10,616 Improvement Value $37,096 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,872.82 Change Rate +0.032927% Assessed CR Tax Rate
Year 2024 Assessed Value $44,974 Land Value $10,007 Improvement Value $34,967 Tax Amount $1,813.12 Change Rate +0.018344% Assessed CR Tax Rate +0.040315%
Year 2023 Assessed Value $43,665 Land Value $9,716 Improvement Value $33,949 Tax Amount $1,780.46 Change Rate +0.03632% Assessed CR Tax Rate +0.040775%
Year 2022 Assessed Value $42,393 Land Value $9,433 Improvement Value $32,960 Tax Amount $1,718.06 Change Rate +0.036299% Assessed CR Tax Rate +0.040527%
Year 2021 Assessed Value $41,158 Land Value $9,158 Improvement Value $32,000 Tax Amount $1,657.88 Change Rate +0.018191% Assessed CR Tax Rate +0.040281%
Year 2020 Assessed Value $39,960 Land Value $8,891 Improvement Value $31,069 Tax Amount $1,628.26 Change Rate +0.031903% Assessed CR Tax Rate +0.040747%
Year 2019 Assessed Value $38,796 Land Value $8,632 Improvement Value $30,164 Tax Amount $1,577.92 Change Rate +0.035245% Assessed CR Tax Rate +0.040672%
Year 2018 Assessed Value $38,796 Land Value $8,632 Improvement Value $30,164 Tax Amount $1,524.2 Change Rate +0.573839% Assessed CR Tax Rate +0.039288%
Year 2017 Assessed Value $37,996 Land Value $8,632 Improvement Value $29,364 Tax Amount $968.46 Change Rate -0.376852% Assessed CR Tax Rate +0.025488%
Year 2016 Assessed Value $36,529 Land Value $8,632 Improvement Value $27,897 Tax Amount $1,554.14 Change Rate -0.950812% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $31,596 Land Value $8,632 Improvement Value $22,964 Tax Amount $31,596 Change Rate +27.73304% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $31,896 Land Value $8,632 Improvement Value $23,264 Tax Amount $1,099.64 Change Rate Assessed CR Tax Rate +0.034476%
Year 2013 Assessed Value $32,196 Land Value $8,632 Improvement Value $23,564 Tax Amount Change Rate Assessed CR Tax Rate