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7020 Lookout Rd; Rio Rancho, NM Property Details

7020 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 7020 Lookout Rd has 4 bedrooms, and 3 bathrooms, and a total of 2,816 square feet. The lot size of 7020 Lookout Rd is 5,663 square feet.

Off market
7020 Lookout Rd NE Rio Rancho, NM 87144
$108,285 Estimated Value
4 Beds
3 Baths
2,816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $339,200
  • Open Loans / Balance: 1 / $133,701
  • Est. Equity / %: $404,299 / 75.15%
  • Gross Yield: 6.203%
  • APN: R155118
  • Situs County: Sandoval
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Measurements

  • Total: 2,816/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,816/SqFt
  • Living: 2,816/SqFt
  • Building: 2,816/SqFt
  • Price Per Square Foot: $120.45

Legal Description

  • Description: LEGAL: SUBD: LOMAS ENCANTADAS UNIT 2D BLOCK: 2 LOT: 6
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: 35.325577 / -106.591385
  • 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

7020 Lookout Rd NE has no associated ownership info
7020 Lookout Rd NE has no associated ownership info.

Taxes

7020 Lookout Rd NE has 10 associated Taxes items

7020 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 $108,285. The APN we've located for 7020 Lookout Rd is R155118.

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Taxes
  • Assessed Value:  $108,285
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R155118
  • Assessed Land Value:  12652
  • Market Land Value:  37955
  • Tax Amount:  4179.55
  • Tax Year:  2025
  • Market Value:  324853
  • Market Year:  2025

Tax History

7020 Lookout Rd NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $108,285 Land Value $12,652 Improvement Value $95,633 Tax Amount $4,179.55 Change Rate -0.023951% Assessed CR Tax Rate +0.038598%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,282.11 Change Rate +0.01789% Assessed CR Tax Rate
Year 2023 Assessed Value $102,069 Land Value $10,239 Improvement Value $91,830 Tax Amount $4,206.85 Change Rate +0.019652% Assessed CR Tax Rate +0.041216%
Year 2022 Assessed Value $99,096 Land Value $9,000 Improvement Value $90,096 Tax Amount $4,125.77 Change Rate +0.018138% Assessed CR Tax Rate +0.041634%
Year 2021 Assessed Value $96,210 Land Value $9,000 Improvement Value $87,210 Tax Amount $4,052.27 Change Rate +0.026523% Assessed CR Tax Rate +0.042119%
Year 2020 Assessed Value $93,408 Land Value Improvement Value Tax Amount $3,947.57 Change Rate -0.057594% Assessed CR Tax Rate +0.042262%
Year 2019 Assessed Value $93,408 Land Value Improvement Value Tax Amount $4,188.82 Change Rate Assessed CR Tax Rate +0.044844%