2844 W Island Loop SE Rio Rancho, NM 87124
Panorama Heights West NeighborhoodEstimated Value: $476,000 - $576,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                2,934
                Sq Ft
            
            
                
                    $177/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2844 W Island Loop SE, Rio Rancho, NM 87124 and is currently estimated at $519,076, approximately $176 per square foot. 2844 W Island Loop SE is a home located in Sandoval County with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 21, 2018
            
        
                Sold by
            
            
                Palmer Jeffrey H and Palmer Suzanne M
            
        
                Bought by
            
            
                Maldonado Serna and Tarango Quintana Elda
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $326,000
            
        
                Outstanding Balance
            
            
                $287,213
            
        
                Interest Rate
            
            
                4.8%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $231,863
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Maldonado Serna | -- | Old Republic Natl Title Ins | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Maldonado Serna | $326,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2025 | $4,383 | $125,271 | $19,320 | $105,951 | 
| 2024 | $4,316 | $121,622 | $19,320 | $102,302 | 
| 2023 | $4,316 | $118,080 | $19,320 | $98,760 | 
| 2022 | $4,190 | $114,641 | $19,320 | $95,321 | 
| 2021 | $4,159 | $111,302 | $19,320 | $91,982 | 
| 2020 | $4,037 | $108,060 | $0 | $0 | 
| 2019 | $4,065 | $108,060 | $0 | $0 | 
| 2018 | $3,306 | $95,435 | $0 | $0 | 
| 2017 | $3,167 | $92,655 | $0 | $0 | 
| 2016 | $3,548 | $92,655 | $0 | $0 | 
| 2014 | $3,429 | $92,655 | $0 | $0 | 
| 2013 | -- | $90,655 | $14,260 | $76,395 | 
                Source: Public Records
                    
            
        Map
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