This stunning 4 bedroom, 2-story house offers the perfect blend of modern efficiency and spacious design. The heart of the home features a completely renovated kitchen with appliances that convey to include the refrigerator, newer double oven, and a newer extra-capacity washer and dryer, making this a truly move-in ready house. The newer water heater & water softener ensures a whole-house filtered system with instant hot water. Car enthusiasts and hobbyists will appreciate the massive tandem 3-car garage. Sustainability meets savings with solar panels that will be paid off by the seller at closing, reducing your monthly utility costs from day one. There are too many amenities to list. Schedule your showing today to see for yourself
For sale
Price cut: $5K (2/23)
$449,900
7121 Fairbanks Dr NE, Rio Rancho, NM 87144
4beds
2,673sqft
Est.:
Single Family Residence
Built in 2007
5,662.8 Square Feet Lot
$447,600 Zestimate®
$168/sqft
$39/mo HOA
What's special
Completely renovated kitchen
- 61 days |
- 1,360 |
- 60 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 10:38am
Listed by:
Debra A Baker 505-620-8933,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1096885
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 279
- Dimensions: 18 x 15.5
Kitchen
- Level: Main
- Area: 150.7
- Dimensions: 11 x 13.7
Living room
- Level: Main
- Area: 199.8
- Dimensions: 18 x 11.1
Heating
- Central, Forced Air, Multiple Heating Units, Natural Gas
Cooling
- Multi Units, Refrigerated
Appliances
- Included: Double Oven, Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
- Laundry: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Features
- Breakfast Area, Bathtub, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Kitchen Island, Multiple Living Areas, Pantry, Soaking Tub, Separate Shower, Instant Hot Water
- Flooring: Carpet, Tile
- Windows: Thermal Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,673
- Total interior livable area: 2,673 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, Garage Door Opener, Oversized
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Private Yard, Sprinkler/Irrigation
- Fencing: Wall
Lot
- Size: 5,662.8 Square Feet
- Features: Lawn, Landscaped, Planned Unit Development, Sprinklers Automatic
Details
- Additional structures: Pergola
- Parcel number: 1017074396028
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Tile
Condition
- Resale
- New construction: No
- Year built: 2007
Details
- Builder name: Pulte
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: Solar
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Security: Security System
- Subdivision: Lomas Encantadas Unit 3A
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $39 monthly
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $371,078
- Annual tax amount: $4,385
- Date on market: 1/16/2026
- Cumulative days on market: 62 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$447,600
$425,000 - $470,000
$2,646/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Price change | $449,900-1.1%$168/sqft |
Source:  SWMLS #1096885 Report a problem | ||
| 2/19/2026 | Price change | $454,900-1.1%$170/sqft |
Source: SWMLS #1096885 Report a problem | ||
| 1/17/2026 | Listed for sale | $459,900+48.4%$172/sqft |
Source: SWMLS #1096885 Report a problem | ||
| 1/13/2021 | Sold | -- |
Source: eXp Realty #50518734 Report a problem | ||
| 11/23/2020 | Pending sale | $310,000$116/sqft |
Source: EXP Realty LLC #977489 Report a problem | ||
| 11/18/2020 | Listed for sale | $310,000$116/sqft |
Source: EXP Realty LLC #977489 Report a problem | ||
| 10/16/2020 | Pending sale | $310,000$116/sqft |
Source: EXP Realty LLC #977489 Report a problem | ||
| 10/10/2020 | Price change | $310,000-1.6%$116/sqft |
Source: EXP Realty LLC #977489 Report a problem | ||
| 9/25/2020 | Listed for sale | $315,000$118/sqft |
Source: EXP Realty LLC #977489 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,247 -0.2% | $123,693 +3% |
| 2024 | $4,256 +0.9% | $120,090 +3% |
| 2023 | $4,217 +1.9% | $116,592 +3% |
| 2022 | $4,137 +58.2% | $113,197 +57.2% |
| 2021 | $2,615 +3.1% | $71,990 +3% |
| 2020 | $2,537 +2.4% | $69,894 +3% |
| 2019 | $2,477 +9.6% | $67,858 +3% |
| 2018 | $2,260 -3.9% | $65,882 +3% |
| 2017 | $2,352 | $63,963 +3% |
| 2016 | $2,352 +2.1% | $62,100 -16.1% |
| 2014 | $2,304 | $74,035 |
| 2013 | $2,304 | $74,035 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,511/mo
Principal & interest
$2187
Property taxes
$285
HOA Fees
$39
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Climate risks
Neighborhood: 87144
Nearby schools
GreatSchools rating
- 6/10Sandia Vista Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Mountain View Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 3.2 mi
Local experts in 87144
- New Mexico
- Sandoval County
- Rio Rancho
- 87144
- 7121 Fairbanks Dr NE
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