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7116 Fairbanks Dr; Rio Rancho, NM Property Details

7116 Fairbanks Dr, Rio Rancho, NM is a Single Family that was built in 2008. This property is currently Financed and is not for sale. Our records show that 7116 Fairbanks Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,542 square feet. The lot size of 7116 Fairbanks Dr is 5,489 square feet.

Off market
7116 Fairbanks Dr NE Rio Rancho, NM 87144
$212,741 Listing Price
4 Beds
3 Baths
2,542 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2008
  • Purchase Price: $210,000
  • Open Loans / Balance: 1 / $130,086
  • Est. Equity / %: $316,914 / 70.9%
  • Gross Yield: 7.348%
  • APN: R149626
  • Situs County: Sandoval
  • Length Of Ownership: 11 years, 8 months

Rooms

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

Structure

  • Stories: 2

Measurements

  • Total: 2,542/SqFt
  • Lot: 5,489/SqFt
  • Gross: 2,542/SqFt
  • Living: 2,542/SqFt
  • Building: 2,542/SqFt
  • Price Per Square Foot: $82.61

Legal Description

  • Description: LEGAL: SUBD: LOMAS ENCANTADAS UNIT 3A BLOCK: 2 LOT: 12
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: 35.320564 / -106.588806
  • Subdivision: Lomas Encantadas Unit 3a
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5397

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

7116 Fairbanks Dr NE has no associated ownership info
7116 Fairbanks Dr NE has no associated ownership info.

Taxes

7116 Fairbanks Dr NE has 10 associated Taxes items

7116 Fairbanks Dr, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $84,665. The APN we've located for 7116 Fairbanks Dr is R149626.

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Taxes
  • Assessed Value:  $84,665
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R149626
  • Assessed Land Value:  16972
  • Market Land Value:  50917
  • Tax Amount:  2962.44
  • Tax Year:  2025
  • Market Value:  253996
  • Market Year:  2026

Tax History

7116 Fairbanks Dr NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $84,665 Land Value $16,972 Improvement Value $67,693 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,962.44 Change Rate +0.029984% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,876.2 Change Rate +0.015607% Assessed CR Tax Rate
Year 2023 Assessed Value $77,481 Land Value $9,798 Improvement Value $67,683 Tax Amount $2,832 Change Rate +0.029983% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $75,225 Land Value $9,000 Improvement Value $66,225 Tax Amount $2,749.56 Change Rate +0.019685% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $73,034 Land Value $9,000 Improvement Value $64,034 Tax Amount $2,696.48 Change Rate +0.017808% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $70,907 Land Value Improvement Value Tax Amount $2,649.3 Change Rate +0.023014% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $68,842 Land Value Improvement Value Tax Amount $2,589.7 Change Rate +0.095149% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $66,837 Land Value Improvement Value Tax Amount $2,364.7 Change Rate +0.043189% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $64,890 Land Value Improvement Value Tax Amount $2,266.8 Change Rate -0.120727% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $63,000 Land Value Improvement Value Tax Amount $2,578.04 Change Rate +0.067467% Assessed CR Tax Rate +0.040921%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,415.1 Change Rate -0.063203% Assessed CR Tax Rate
Year 2014 Assessed Value $74,157 Land Value Improvement Value Tax Amount $2,578.04 Change Rate Assessed CR Tax Rate +0.034765%
Year 2013 Assessed Value $68,157 Land Value $9,000 Improvement Value $59,157 Tax Amount Change Rate Assessed CR Tax Rate