This beautiful 5-bedroom, 3-bathroom home features an open floor plan with abundant natural light and nice views from the private balcony. The spacious eat-in kitchen flows into a large living room, perfect for family gatherings. A separate formal dining room is ideal for entertaining. Upstairs, enjoy a versatile loft, generous-sized secondary bedrooms, and a private master suite. Located in a beautiful neighborhood and within the Cleveland High School district, this home offers both comfort and convenience. Don't miss your chance to make this bright, airy home yours--schedule a tour today!
Directions: North On 528 To Enchanted Hills Blvd, West On Enchanted Hills Blvd To Lincoln Ave, South On Lincoln Ave To Nome Ave, Nome To North Pole Loop, Left On North Pole Loop To Property On Left.
Price Information
Listing Price Info
Price Summary:
List Price: $452,900
Price Per SqFt: $154/SqFt
HOA Fees:
Amount: $300
Frequency: Monthly
Tax Information:
Annual Amount: $2,786
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rio Rancho, NM.
This property is $95.9K more than the Median Sold Price and $53/SqFt less than other homes in Rio Rancho, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1074085
Listing Office:
Office Name: Berkshire Hathaway NM Prop
Office Phone: (505) 798-6300
Listing Agent: Melinda M Baisa
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,628
Per Month
Principal & Interest
$2,261
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$300
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,424
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Sandia Vista Elementary School
6800 Franklin Rd NE
Distance between this listing and this school0.42 miles
Public District Grades KG-5
3
/10
Bernalillo Elementary School
301 Calle Del Carbon
Distance between this listing and this school2.00 miles
Public District Grades 3-5
8
/10
Vista Grande Elementary School
7001 Chayote Rd NE
Distance between this listing and this school2.28 miles
Public District Grades KG-5
Nearby Schools
9
/10
Mountain View Middle School
4101 Montreal Loop NE
Distance between this listing and this school0.45 miles
Public District Grades 6-8
8
/10
Sandoval Academy of Bilingual Education
4321 Fulcrum Way NE Ste A
Distance between this listing and this school0.77 miles
Public Charter Grades KG-8
3
/10
Bernalillo Middle School
485 Camino Don Tomas
Distance between this listing and this school2.14 miles
Public District Grades 6-8
Nearby Schools
4
/10
Bernalillo High School
250 Isidro Sanchez Rd
Distance between this listing and this school2.69 miles
Public District Grades 9-12
7
/10
Cleveland High School
4800 Cleveland Heights Rd NE
Distance between this listing and this school3.01 miles
Public District Grades 9-12
2
/10
Independence High School
421 Quantum Rd NE
Distance between this listing and this school4.56 miles
The neighbors living near this home have an average income of $85,129. Residents of Rio Rancho, NM typically earn between $35k-100k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7100 Fairbanks Dr NE
What is the listing price of this property?
The listing price of 7100 Fairbanks Dr NE property is $452,900.
What type of property is this?
The property 7100 Fairbanks Dr NE is a house located in Rio Rancho, New Mexico, 87144.
Is this property for sale now?
Active Listing: 7100 Fairbanks Dr NE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,786 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7100 Fairbanks Dr NE has 5 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 7100 Fairbanks Dr NE is 2,941 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7100 Fairbanks Dr NE is 2007.
This home is located at 7100 Fairbanks Dr NE in Rio Rancho, NM and zip code 87144 in the Lomas Encantadas neighborhood. This 2,941 square foot home, which was built in 2007, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $452,900.
While more than 19 listings in Rio Rancho, NM in November 2024 were sold above asking price, there were more than 50 listings sold at asking price, and more than 58 were sold below. In November 2024 in Rio Rancho, NM there were 16.4% less homes for sale than in October 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $356,947.
From Rocket Homes Real Estate and based on county public records data.