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7259 Milan Hills Road Northeast

7259 Milan Hills Road Northeast, Rio Rancho, NM 87144
Property in Sandoval
Sold Jan 08, 2021
$289,000
$231,233 by Waterstone Mortgage Corp
Mortgage Due Feb 01, 2051
Sold Feb 18, 2002
$168,936
$127,020 by Brokersource
Mortgage Due Jan 01, 2041
7259 Milan Hills Road Northeast has been categorized by the local assessors in Rio Rancho, NM as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7259 Milan Hills Road Northeast has 1,752 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,015 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7259 Milan Hills Road Northeast was last sold in Jan 7, 2021 for $289,000. According to our calculations, that's $164.95 per sqft. Prior to that sales transaction, the property was sold for $168,936 in Jan 1, 1970. Current property owners are expected to pay $3,114 in taxes per year. The property on 7259 Milan Hills Road Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,188. To break that down further, the land itself was valued at $19,333. While improvements to the property were assessed at a total of $65,855. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,752
  • Gross Building Area: 1,752
  • Building Area: 1,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENCHANTED HILLS 12
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: S: 26 T: 13N R: 3E SUBD: ENCHANTED HILLS 12 BLOCK: 1 LOT: 8

Ownership

  • Current Owner : PRASAUSKAS EDWARD
  • Current Owner 2: MURPHY DEHLIA
  • Previous Owner : WHALEN WILLIAM
  • Previous Owner 2: ESTATE OF LEON C MEADOWS JR
  • Owner Before Previous Owner: ELDRIDGE VIRGINA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010724

Geography

  • Account Number: R090944
  • District: 5
  • Parcel: R090944
  • Block: 1
  • Lot: 8
  • Meridian: SEC 26 TWN 13N RNG 03E
  • Municipality: RIO RANCHO
  • Latitude: 35.3329
  • Longitude: -106.583

    Address

  • Full Address: 7259 Milan Hills Rd Ne
  • Address - House Number: 7259
  • Street Segment Direction: NE
  • Address - Street Name: Milan Hills
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R070
  • 4-Digit Zip Code: 0842
  • Zip Code: 87144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,114
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 68
  • Final Value: 380,555
  • High Value: 467,091
  • Low Value: 294,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,233
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $231,233
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $255,565
  • Market Land Value: $58,000
  • Market Improvement Value: $197,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,188
  • Assessed Land Value: $19,333
  • Assessed Improvements Value: $65,855

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11820275752
  • Current Sale Price: $289,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000723
  • Previous Sale Recording Date: Feb 18, 2002
  • Previous Sale Amount: $168,936
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $231,233
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BROKERSOURCE
  • Previous Mortgage Transaction Date: Feb 18, 2002
  • Previous Mortgage Loan Amount: $127,020
  • Previous Mortgage Term: 466
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Rio Rancho



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Frequently Asked Questions

What neighborhood is 7259 Milan Hills Road Northeast located in?
The 7259 Milan Hills Road Northeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 7259 Milan Hills Road Northeast?
The average sales price for units in 7259 Milan Hills Road Northeast is $0 currently.

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