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7224 Spruce Mountain Loop; Rio Rancho, NM Property Details

7224 Spruce Mountain Loop, Rio Rancho, NM is a Single Family that was built in 1993. This property is currently Financed,Bank Sale and is not for sale. Our records show that 7224 Spruce Mountain Loop has 3 bedrooms, and 2 bathrooms, and a total of 1,742 square feet. The lot size of 7224 Spruce Mountain Loop is 10,454 square feet.

Off market
7224 Spruce Mountain Loop NE Rio Rancho, NM 87144
$125,150 Listing Price
3 Beds
2 Baths
1,742 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1993
  • Purchase Price: $125,000
  • Open Loans / Balance: 1 / $77,974
  • Est. Equity / %: $246,026 / 75.93%
  • Gross Yield: 8.533%
  • APN: R026891
  • Situs County: Sandoval
  • Length Of Ownership: 10 years, 5 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,742/SqFt
  • Lot: 10,454/SqFt
  • Gross: 1,742/SqFt
  • Living: 1,742/SqFt
  • Building: 1,742/SqFt
  • Price Per Square Foot: $71.76

Legal Description

  • Description: LEGAL: SUBD: CORRALES NORTH 3 REPLAT 1 BLOCK: 2 LOT: 7
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: 35.30639 / -106.58208
  • Subdivision: Corrales North 3 Replat 1
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 6798

Ownership Info

7224 Spruce Mountain Loop NE has no associated ownership info
7224 Spruce Mountain Loop NE has no associated ownership info.

Taxes

7224 Spruce Mountain Loop NE has 10 associated Taxes items

7224 Spruce Mountain Loop, 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 $60,436. The APN we've located for 7224 Spruce Mountain Loop is R026891.

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Taxes
  • Assessed Value:  $60,436
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R026891
  • Assessed Land Value:  9957
  • Market Land Value:  29872
  • Tax Amount:  2114.68
  • Tax Year:  2024
  • Market Value:  181309
  • Market Year:  2025

Tax History

7224 Spruce Mountain Loop NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,436 Land Value $9,957 Improvement Value $50,479 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $58,676 Land Value $9,570 Improvement Value $49,106 Tax Amount $2,114.68 Change Rate +0.015599% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $56,967 Land Value $9,333 Improvement Value $47,634 Tax Amount $2,082.2 Change Rate +0.029997% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $55,308 Land Value $9,333 Improvement Value $45,975 Tax Amount $2,021.56 Change Rate +0.019672% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $53,697 Land Value $9,333 Improvement Value $44,364 Tax Amount $1,982.56 Change Rate -0.011823% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $53,697 Land Value Improvement Value Tax Amount $2,006.28 Change Rate -0.006782% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $53,697 Land Value Improvement Value Tax Amount $2,019.98 Change Rate +0.095161% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $52,133 Land Value Improvement Value Tax Amount $1,844.46 Change Rate +0.043164% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $50,615 Land Value Improvement Value Tax Amount $1,768.14 Change Rate -0.022187% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $50,164 Land Value Improvement Value Tax Amount $1,808.26 Change Rate -0.013303% Assessed CR Tax Rate +0.036047%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,832.64 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $47,806 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,413 Land Value $8,629 Improvement Value $37,784 Tax Amount Change Rate Assessed CR Tax Rate