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7111 Summit Ct; Rio Rancho, NM Property Details

7111 Summit Ct, Rio Rancho, NM is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 7111 Summit Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 2,131 square feet. The lot size of 7111 Summit Ct is 5,750 square feet.

Off market
7111 Summit Ct NE Rio Rancho, NM 87144
$116,479 Estimated Value
3 Beds
2.5 Baths
2,131 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $379,200
  • Open Loans / Balance: 1 / $264,922
  • Est. Equity / %: $184,078 / 41%
  • Gross Yield: 7.63%
  • APN: R186262
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 9 months

Rooms

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

Measurements

  • Total: 2,131/SqFt
  • Lot: 5,750/SqFt
  • Gross: 2,131/SqFt
  • Living: 2,131/SqFt
  • Building: 2,131/SqFt
  • Price Per Square Foot: $177.94

Legal Description

  • Description: LEGAL: S: 26 T: 13N R: 3E SUBD: LOMAS ENCANTADAS UNIT 2-C PHASE 3 BLOCK: 5 LOT: 36
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: 35.328148 / -106.59256
  • 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

7111 Summit Ct NE has no associated ownership info
7111 Summit Ct NE has no associated ownership info.

Taxes

7111 Summit Ct NE has 10 associated Taxes items

7111 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 $116,479. The APN we've located for 7111 Summit Ct is R186262.

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Taxes
  • Assessed Value:  $116,479
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R186262
  • Assessed Land Value:  20375
  • Market Land Value:  61124
  • Tax Amount:  4075.6
  • Tax Year:  2024
  • Market Value:  349437
  • Market Year:  2025

Tax History

7111 Summit Ct NE has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,479 Land Value $20,375 Improvement Value $96,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $113,086 Land Value $19,200 Improvement Value $93,886 Tax Amount $4,075.6 Change Rate +0.034427% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $109,793 Land Value $17,704 Improvement Value $92,089 Tax Amount $3,939.96 Change Rate +0.030572% Assessed CR Tax Rate +0.035885%
Year 2022 Assessed Value $106,596 Land Value Improvement Value Tax Amount $3,823.08 Change Rate +0.020261% Assessed CR Tax Rate +0.035865%
Year 2021 Assessed Value $103,491 Land Value $16,667 Improvement Value $86,824 Tax Amount $3,747.16 Change Rate Assessed CR Tax Rate +0.036208%