2868 W Island Loop Rio Rancho, NM 87124
Panorama Heights West NeighborhoodEstimated Value: $369,000 - $501,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,950
                Sq Ft
            
            
                
                    $210/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2868 W Island Loop, Rio Rancho, NM 87124 and is currently estimated at $408,999, approximately $209 per square foot. 2868 W Island Loop 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
            
            
                Apr 22, 2009
            
        
                Sold by
            
            
                Andy Baxter
            
        
                Bought by
            
            
                Sigmon Barry S and Sigmon Georgia A
            
        
                            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
            
            
                $231,840
            
        
                Outstanding Balance
            
            
                $148,127
            
        
                Interest Rate
            
            
                5.14%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $260,872
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Sigmon Barry S | $289,800 | Fidelity Nat L Title Ins Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Sigmon Barry S | $231,840 | 
                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 | $2,980 | $85,168 | $18,624 | $66,544 | 
| 2024 | $2,934 | $82,688 | $18,539 | $64,149 | 
| 2023 | $2,934 | $80,280 | $18,482 | $61,798 | 
| 2022 | $2,849 | $77,941 | $18,385 | $59,556 | 
| 2021 | $2,827 | $75,672 | $18,012 | $57,660 | 
| 2020 | $2,745 | $73,468 | $0 | $0 | 
| 2019 | $2,683 | $71,328 | $0 | $0 | 
| 2018 | $2,450 | $69,251 | $0 | $0 | 
| 2017 | $2,349 | $67,233 | $0 | $0 | 
| 2016 | $2,631 | $67,233 | $0 | $0 | 
| 2014 | $2,543 | $67,233 | $0 | $0 | 
| 2013 | -- | $67,233 | $14,260 | $52,973 | 
                Source: Public Records
                    
            
        Map
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