7188 Kodiak Rd NE Rio Rancho, NM 87144
Enchanted Hills NeighborhoodEstimated Value: $539,000 - $592,000
            
                5
                Beds
            
            
            
                3
                Baths
            
            
            
                2,904
                Sq Ft
            
            
                
                    $195/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 7188 Kodiak Rd NE, Rio Rancho, NM 87144 and is currently estimated at $566,000, approximately $194 per square foot. 7188 Kodiak Rd NE is a home with nearby schools including Sandia Vista Elementary School, Mountain View Middle School, and Cleveland High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 22, 2021
            
        
                Sold by
            
            
                Tjt Group Ltd
            
        
                Bought by
            
            
                Dennis Ray and Dennis Caitlin
            
        
                            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
            
            
                $358,214
            
        
                Outstanding Balance
            
            
                $324,318
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $241,682
            
        Purchase Details
                Closed on
            
            
                Aug 13, 2019
            
        
                Sold by
            
            
                Tjt Group Ltd
            
        
                Bought by
            
            
                Eight Gradys Family Llc and Tjt Group Ltd
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $48,750
            
        
                Interest Rate
            
            
                3.73%
            
        
                Mortgage Type
            
            
                Commercial
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Dennis Ray | -- | Nmltco | |
| Eight Gradys Family Llc | -- | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Dennis Ray | $358,214 | |
| Previous Owner | Eight Gradys Family Llc | $48,750 | 
                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 | $6,734 | $154,614 | $26,459 | $128,155 | 
| 2024 | $6,625 | $150,111 | $25,070 | $125,041 | 
| 2023 | $6,625 | $145,740 | $24,455 | $121,285 | 
| 2022 | $6,470 | $141,495 | $22,500 | $118,995 | 
| 2021 | $196 | $5,000 | $5,000 | $0 | 
| 2020 | $196 | $5,000 | $0 | $0 | 
| 2019 | $210 | $5,000 | $0 | $0 | 
| 2018 | $199 | $5,000 | $0 | $0 | 
| 2017 | $198 | $5,000 | $0 | $0 | 
| 2016 | $219 | $5,000 | $0 | $0 | 
| 2014 | $207 | $5,000 | $0 | $0 | 
| 2013 | -- | $5,000 | $5,000 | $0 | 
                Source: Public Records
                    
            
        Map
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