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7103 Summit Ct; Rio Rancho, NM Property Details

7103 Summit Ct, Rio Rancho, NM is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 7103 Summit Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 2,131 square feet. The lot size of 7103 Summit Ct is 8,015 square feet.

Off market
7103 Summit Ct NE Rio Rancho, NM 87144
$120,124 Estimated Value
3 Beds
2.5 Baths
2,131 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2020
  • Purchase Price: $426,371
  • Open Loans / Balance: 1 / $272,875
  • Est. Equity / %: $178,125 / 39.5%
  • Gross Yield: 7.836%
  • APN: R186260
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 2,131/SqFt
  • Lot: 8,015/SqFt
  • Gross: 2,131/SqFt
  • Living: 2,131/SqFt
  • Building: 2,131/SqFt
  • Price Per Square Foot: $200.08

Legal Description

  • Description: LEGAL: S: 26 T: 13N R: 3E SUBD: LOMAS ENCANTADAS UNIT 2-C PHASE 3 BLOCK: 5 LOT: 34
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: 35.327934 / -106.592834
  • Subdivision: Lomas Encantadas Unit 2-C Phase 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 7028

HOA

  • H O A One: $38
  • H O A Two: $30
  • H O A Amount: $68
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Lomas Encantadas Master Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Hawk Site Master Association
  • H O A Two Type: Home Owner Association

Ownership Info

7103 Summit Ct NE has no associated ownership info
7103 Summit Ct NE has no associated ownership info.

Taxes

7103 Summit Ct NE has 10 associated Taxes items

7103 Summit Ct, 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 $120,124. The APN we've located for 7103 Summit Ct is R186260.

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Taxes
  • Assessed Value:  $120,124
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R186260
  • Assessed Land Value:  20409
  • Market Land Value:  61228
  • Tax Amount:  4203.2
  • Tax Year:  2024
  • Market Value:  360374
  • Market Year:  2025

Tax History

7103 Summit Ct NE has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $120,124 Land Value $20,409 Improvement Value $99,715 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $116,626 Land Value $19,221 Improvement Value $97,405 Tax Amount $4,203.2 Change Rate +0.015599% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $113,229 Land Value $17,708 Improvement Value $95,521 Tax Amount $4,138.64 Change Rate +0.029994% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $109,932 Land Value $16,667 Improvement Value $93,265 Tax Amount $4,018.12 Change Rate +0.019682% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $106,730 Land Value $16,667 Improvement Value $90,063 Tax Amount $3,940.56 Change Rate Assessed CR Tax Rate +0.036921%