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7008 Lookout Rd; Rio Rancho, NM Property Details

7008 Lookout Rd, Rio Rancho, NM is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 7008 Lookout Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,995 square feet. The lot size of 7008 Lookout Rd is 5,663 square feet.

Off market
7008 Lookout Rd NE Rio Rancho, NM 87144
$158,157 Listing Price
3 Beds
2 Baths
1,995 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $158,000
  • Open Loans / Balance: 2 / $219,293
  • Est. Equity / %: $198,707 / 47.54%
  • Gross Yield: 7.068%
  • APN: R155114
  • Situs County: Sandoval
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Measurements

  • Total: 1,995/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,995/SqFt
  • Living: 1,995/SqFt
  • Building: 1,995/SqFt
  • Price Per Square Foot: $79.20

Legal Description

  • Description: LEGAL: SUBD: LOMAS ENCANTADAS UNIT 2D BLOCK: 2 LOT: 3
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: 35.32542 / -106.591866
  • Subdivision: Lomas Encantadas Unit 2d
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 7007

HOA

  • H O A One: $38
  • H O A Amount: $38
  • H O A One Frequency: Monthly
  • H O A One Name: Lomas Encantadas Master Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7008 Lookout Rd NE has no associated ownership info
7008 Lookout Rd NE has no associated ownership info.

Taxes

7008 Lookout Rd NE has 10 associated Taxes items

7008 Lookout 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 $98,656. The APN we've located for 7008 Lookout Rd is R155114.

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Taxes
  • Assessed Value:  $98,656
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R155114
  • Assessed Land Value:  12875
  • Market Land Value:  38624
  • Tax Amount:  3945.19
  • Tax Year:  2024
  • Market Value:  295967
  • Market Year:  2025

Tax History

7008 Lookout Rd NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $98,656 Land Value $12,875 Improvement Value $85,781 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $95,782 Land Value $11,583 Improvement Value $84,199 Tax Amount $3,945.19 Change Rate +0.018079% Assessed CR Tax Rate +0.041189%
Year 2023 Assessed Value $92,993 Land Value $10,320 Improvement Value $82,673 Tax Amount $3,875.13 Change Rate +0.026217% Assessed CR Tax Rate +0.041671%
Year 2022 Assessed Value $90,284 Land Value $9,000 Improvement Value $81,284 Tax Amount $3,776.13 Change Rate +0.019647% Assessed CR Tax Rate +0.041825%
Year 2021 Assessed Value $87,655 Land Value $9,000 Improvement Value $78,655 Tax Amount $3,703.37 Change Rate +0.018184% Assessed CR Tax Rate +0.042249%
Year 2020 Assessed Value $85,102 Land Value Improvement Value Tax Amount $3,637.23 Change Rate -0.038563% Assessed CR Tax Rate +0.04274%
Year 2019 Assessed Value $82,623 Land Value Improvement Value Tax Amount $3,783.12 Change Rate +9.552047% Assessed CR Tax Rate +0.045788%
Year 2018 Assessed Value $9,000 Land Value Improvement Value Tax Amount $358.52 Change Rate +0.815107% Assessed CR Tax Rate +0.039836%
Year 2017 Assessed Value $5,000 Land Value Improvement Value Tax Amount $197.52 Change Rate -0.044227% Assessed CR Tax Rate +0.039504%
Year 2016 Assessed Value $5,000 Land Value Improvement Value Tax Amount $206.66 Change Rate -0.025924% Assessed CR Tax Rate +0.041332%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $212.16 Change Rate +0.026614% Assessed CR Tax Rate
Year 2014 Assessed Value $5,000 Land Value Improvement Value Tax Amount $206.66 Change Rate Assessed CR Tax Rate +0.041332%
Year 2013 Assessed Value $5,000 Land Value $5,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate