Large Location Icon

7221 Fairbanks Dr; Rio Rancho, NM Property Details

7221 Fairbanks Dr, Rio Rancho, NM is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 7221 Fairbanks Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,614 square feet. The lot size of 7221 Fairbanks Dr is 6,752 square feet.

Off market
7221 Fairbanks Dr NE Rio Rancho, NM 87144
$309,411 Listing Price
4 Beds
2.5 Baths
2,614 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2007
  • Purchase Price: $310,500
  • Open Loans / Balance: 1 / $268,758
  • Est. Equity / %: $188,242 / 41.19%
  • Inv. Liens / Amount: 1 / $4,771
  • Gross Yield: 8.143%
  • APN: R149643
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 2,614/SqFt
  • Lot: 6,752/SqFt
  • Gross: 2,614/SqFt
  • Living: 2,614/SqFt
  • Building: 2,614/SqFt
  • Price Per Square Foot: $118.78

Legal Description

  • Description: LEGAL: SUBD: LOMAS ENCANTADAS UNIT 3A BLOCK: 3 LOT: 13
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: 35.320724 / -106.58753
  • Subdivision: Lomas Encantadas Unit 3a
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5395

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

7221 Fairbanks Dr NE has no associated ownership info
7221 Fairbanks Dr NE has no associated ownership info.

Taxes

7221 Fairbanks Dr NE has 10 associated Taxes items

7221 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 $113,540. The APN we've located for 7221 Fairbanks Dr is R149643.

Unlock the full report
Taxes
  • Assessed Value:  $113,540
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R149643
  • Assessed Land Value:  16160
  • Market Land Value:  70027
  • Tax Amount:  3972.84
  • Tax Year:  2024
  • Market Value:  350840
  • Market Year:  2026

Tax History

7221 Fairbanks Dr NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $116,946 Land Value $23,342 Improvement Value $93,604 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,092 Change Rate +0.029994% Assessed CR Tax Rate
Year 2024 Assessed Value $110,234 Land Value $13,881 Improvement Value $96,353 Tax Amount $3,972.84 Change Rate +0.015604% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $107,023 Land Value $11,077 Improvement Value $95,946 Tax Amount $3,911.8 Change Rate +0.029996% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $103,906 Land Value $9,000 Improvement Value $94,906 Tax Amount $3,797.88 Change Rate +0.019675% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $100,880 Land Value $9,000 Improvement Value $91,880 Tax Amount $3,724.6 Change Rate +0.350971% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $75,789 Land Value Improvement Value Tax Amount $2,756.98 Change Rate +0.023842% Assessed CR Tax Rate +0.036377%
Year 2019 Assessed Value $73,582 Land Value Improvement Value Tax Amount $2,692.78 Change Rate +0.09607% Assessed CR Tax Rate +0.036596%
Year 2018 Assessed Value $71,439 Land Value Improvement Value Tax Amount $2,456.76 Change Rate +0.044088% Assessed CR Tax Rate +0.03439%
Year 2017 Assessed Value $69,358 Land Value Improvement Value Tax Amount $2,353.02 Change Rate -0.0479% Assessed CR Tax Rate +0.033926%
Year 2016 Assessed Value $67,338 Land Value Improvement Value Tax Amount $2,471.4 Change Rate -0.013311% Assessed CR Tax Rate +0.036701%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,504.74 Change Rate +0.01349% Assessed CR Tax Rate
Year 2014 Assessed Value $67,338 Land Value Improvement Value Tax Amount $2,471.4 Change Rate Assessed CR Tax Rate +0.036701%
Year 2013 Assessed Value $65,338 Land Value $9,000 Improvement Value $56,338 Tax Amount Change Rate Assessed CR Tax Rate