Large Location Icon

7107 Summit Ct; Rio Rancho, NM Property Details

7107 Summit Ct, 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 7107 Summit Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,929 square feet. The lot size of 7107 Summit Ct is 5,793 square feet.

Off market
7107 Summit Ct NE Rio Rancho, NM 87144
$126,439 Estimated Value
3 Beds
2 Baths
1,929 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $344,369
  • Open Loans / Balance: 1 / $313,113
  • Est. Equity / %: $133,887 / 29.95%
  • Gross Yield: 8.529%
  • APN: R186261
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 2 months

Rooms

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

Measurements

  • Total: 1,929/SqFt
  • Lot: 5,793/SqFt
  • Gross: 1,929/SqFt
  • Living: 1,929/SqFt
  • Building: 1,929/SqFt
  • Price Per Square Foot: $178.52

Legal Description

  • Description: LEGAL: S: 26 T: 13N R: 3E SUBD: LOMAS ENCANTADAS UNIT 2-C PHASE 3 BLOCK: 5 LOT: 35
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: 35.328053 / -106.59268
  • 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

7107 Summit Ct NE has no associated ownership info
7107 Summit Ct NE has no associated ownership info.

Taxes

7107 Summit Ct NE has 10 associated Taxes items

7107 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 $126,439. The APN we've located for 7107 Summit Ct is R186261.

Unlock the full report
Taxes
  • Assessed Value:  $126,439
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R186261
  • Assessed Land Value:  22707
  • Market Land Value:  68120
  • Tax Amount:  5469.09
  • Tax Year:  2024
  • Market Value:  379316
  • Market Year:  2025

Tax History

7107 Summit Ct NE has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $126,439 Land Value $22,707 Improvement Value $103,732 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $122,756 Land Value $21,416 Improvement Value $101,340 Tax Amount $5,469.09 Change Rate +0.017838% Assessed CR Tax Rate +0.044553%
Year 2023 Assessed Value $119,181 Land Value $18,634 Improvement Value $100,547 Tax Amount $5,373.24 Change Rate +0.024184% Assessed CR Tax Rate +0.045085%
Year 2022 Assessed Value $115,710 Land Value $16,667 Improvement Value $99,043 Tax Amount $5,246.36 Change Rate +1.743683% Assessed CR Tax Rate +0.045341%
Year 2021 Assessed Value $16,667 Land Value $16,667 Improvement Value Tax Amount $1,912.16 Change Rate Assessed CR Tax Rate +0.114727%