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7224 Milan Hills Rd; Rio Rancho, NM Property Details

7224 Milan Hills Rd, Rio Rancho, NM is a Single Family that was built in 2003. This property is currently New Construction and is not for sale. Our records show that 7224 Milan Hills Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,620 square feet. The lot size of 7224 Milan Hills Rd is 8,015 square feet.

Off market
7224 Milan Hills Rd NE Rio Rancho, NM 87144
$84,830 Estimated Value
4 Beds
2.5 Baths
2,620 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $198,968
  • Open Loans / Balance: 1 / $337,116
  • Est. Equity / %: $67,884 / 16.76%
  • Gross Yield: 8.071%
  • APN: R091454
  • Situs County: Sandoval
  • Length Of Ownership: 23 years

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 2,620/SqFt
  • Lot: 8,015/SqFt
  • Gross: 2,620/SqFt
  • Living: 2,620/SqFt
  • Building: 2,620/SqFt
  • Price Per Square Foot: $75.94

Legal Description

  • Description: LEGAL: S: 26 T: 13N R: 3E SUBD: ENCHANTED HILLS 12 BLOCK: 4 LOT: 31
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: 35.333538 / -106.585236
  • Subdivision: Enchanted Hills 12
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 0838

HOA

  • H O A One: $53
  • H O A Amount: $53
  • H O A One Type: Planned Unit Development

Ownership Info

7224 Milan Hills Rd NE has no associated ownership info
7224 Milan Hills Rd NE has no associated ownership info.

Taxes

7224 Milan Hills Rd NE has 10 associated Taxes items

7224 Milan Hills Rd, 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 $84,830. The APN we've located for 7224 Milan Hills Rd is R091454.

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Taxes
  • Assessed Value:  $84,830
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R091454
  • Assessed Land Value:  11836
  • Market Land Value:  35509
  • Tax Amount:  2535.72
  • Tax Year:  2025
  • Market Value:  254490
  • Market Year:  2026

Tax History

7224 Milan Hills Rd NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $84,830 Land Value $11,836 Improvement Value $72,994 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,535.72 Change Rate -0.048696% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,665.52 Change Rate +0.018058% Assessed CR Tax Rate
Year 2023 Assessed Value $77,632 Land Value $12,243 Improvement Value $65,389 Tax Amount $2,618.24 Change Rate +0.032608% Assessed CR Tax Rate +0.033726%
Year 2022 Assessed Value $75,371 Land Value $11,382 Improvement Value $63,989 Tax Amount $2,535.56 Change Rate +0.022321% Assessed CR Tax Rate +0.033641%
Year 2021 Assessed Value $73,176 Land Value $10,908 Improvement Value $62,268 Tax Amount $2,480.2 Change Rate +0.020541% Assessed CR Tax Rate +0.033894%
Year 2020 Assessed Value $71,045 Land Value Improvement Value Tax Amount $2,430.28 Change Rate +0.025867% Assessed CR Tax Rate +0.034208%
Year 2019 Assessed Value $68,975 Land Value Improvement Value Tax Amount $2,369 Change Rate +0.063257% Assessed CR Tax Rate +0.034346%
Year 2018 Assessed Value $68,975 Land Value Improvement Value Tax Amount $2,228.06 Change Rate -0.047691% Assessed CR Tax Rate +0.032302%
Year 2017 Assessed Value $68,975 Land Value Improvement Value Tax Amount $2,339.64 Change Rate -0.067828% Assessed CR Tax Rate +0.03392%
Year 2016 Assessed Value $70,405 Land Value Improvement Value Tax Amount $2,509.88 Change Rate -0.013303% Assessed CR Tax Rate +0.035649%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,543.72 Change Rate +0.013483% Assessed CR Tax Rate
Year 2014 Assessed Value $68,355 Land Value Improvement Value Tax Amount $2,509.88 Change Rate Assessed CR Tax Rate +0.036718%
Year 2013 Assessed Value $64,931 Land Value $10,118 Improvement Value $54,813 Tax Amount Change Rate Assessed CR Tax Rate