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4227 Summit Park Rd; Rio Rancho, NM Property Details

4227 Summit Park Rd, Rio Rancho, NM is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 4227 Summit Park Rd has 4 bedrooms, and 2 bathrooms, and a total of 1,959 square feet. The lot size of 4227 Summit Park Rd is 6,726 square feet.

Off market
4227 Summit Park Rd NE Rio Rancho, NM 87144
$367,355 Listing Price
4 Beds
2 Baths
1,959 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $364,307
  • Open Loans / Balance: 1 / $323,323
  • Est. Equity / %: $114,677 / 26.18%
  • Gross Yield: 7.622%
  • APN: R185666
  • Situs County: Sandoval
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Measurements

  • Total: 1,959/SqFt
  • Lot: 6,726/SqFt
  • Gross: 1,959/SqFt
  • Living: 1,959/SqFt
  • Building: 1,959/SqFt
  • Price Per Square Foot: $185.97

Legal Description

  • Description: LEGAL: S: 32 T: 13N R: 3E SUBD: CLEVELAND HEIGHTS UNIT 15B BLOCK: 6 LOT: 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.31261 / -106.649
  • Subdivision: Cleveland Heights Unit 15b
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1613

HOA

  • H O A One: $115
  • H O A Amount: $115
  • H O A One Frequency: Quarterly
  • H O A One Name: Cleveland Heights Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

4227 Summit Park Rd NE has no associated ownership info
4227 Summit Park Rd NE has no associated ownership info.

Taxes

4227 Summit Park Rd NE has 10 associated Taxes items

4227 Summit Park Rd, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $125,744. The APN we've located for 4227 Summit Park Rd is R185666.

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Taxes
  • Assessed Value:  $125,744
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R185666
  • Assessed Land Value:  22333
  • Market Land Value:  67000
  • Tax Amount:  4399.8
  • Tax Year:  2024
  • Market Value:  377232
  • Market Year:  2025

Tax History

4227 Summit Park Rd NE has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,744 Land Value $22,333 Improvement Value $103,411 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $122,081 Land Value $22,333 Improvement Value $99,748 Tax Amount $4,399.8 Change Rate +0.015595% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $118,526 Land Value $22,333 Improvement Value $96,193 Tax Amount $4,332.24 Change Rate +0.029995% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $115,074 Land Value $22,333 Improvement Value $92,741 Tax Amount $4,206.08 Change Rate +10.321275% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $9,000 Land Value $9,000 Improvement Value Tax Amount $371.52 Change Rate +0.054197% Assessed CR Tax Rate +0.04128%
Year 2020 Assessed Value $9,000 Land Value Improvement Value Tax Amount $352.42 Change Rate Assessed CR Tax Rate +0.039158%