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2 Olive Terrace Rd; Belen, NM Property Details

2 Olive Terrace Rd, Belen, NM is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 2 Olive Terrace Rd has 3 bedrooms, and 2 bathrooms, and a total of 3,060 square feet. The lot size of 2 Olive Terrace Rd is 33,106 square feet.

Off market  •   Pre Probate ✓
2 Olive Terrace Rd Belen, NM 87002
$38,256 Estimated Value
3 Beds
2 Baths
3,060 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1983
  • Purchase Price: $70,000
  • Est. Equity / %: $259,000 / 100%
  • Gross Yield: 5.949%
  • APN: 1 006 022 375 372 000000
  • Situs County: Valencia
  • Length Of Ownership: 20 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 3,060/SqFt
  • Lot: 33,106/SqFt
  • Living: 3,060/SqFt
  • Building: 3,060/SqFt
  • Price Per Square Foot: $22.88

Legal Description

  • Description: TRACT 95B14B S 13 T 4N R 1E 0.76 ACRE MAP 112
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Belen Consolidated Schools
  • Lat / Lon: 34.575565 / -106.78686
  • Subdivision: Olive Terrace
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 9330

Ownership Info

2 Olive Terrace Rd has no associated ownership info
2 Olive Terrace Rd has no associated ownership info.

Taxes

2 Olive Terrace Rd has 10 associated Taxes items

2 Olive Terrace Rd, Belen, NM pays taxes in Valencia County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $38,256. The APN we've located for 2 Olive Terrace Rd is 1 006 022 375 372 000000.

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Taxes
  • Assessed Value:  $38,256
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 006 022 375 372 000000
  • Assessed Land Value:  6013
  • Market Land Value:  18038
  • Tax Amount:  1297.42
  • Tax Year:  2025
  • Market Value:  114767
  • Market Year:  2025

Tax History

2 Olive Terrace Rd has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,256 Land Value $6,013 Improvement Value $32,243 Tax Amount $1,297.42 Change Rate +0.232118% Assessed CR Tax Rate +0.033914%
Year 2024 Assessed Value $37,142 Land Value $6,002 Improvement Value $31,140 Tax Amount $1,053 Change Rate +0.021537% Assessed CR Tax Rate +0.028351%
Year 2023 Assessed Value $36,060 Land Value $5,994 Improvement Value $30,066 Tax Amount $1,030.8 Change Rate +0.074914% Assessed CR Tax Rate +0.028586%
Year 2022 Assessed Value $35,010 Land Value $5,978 Improvement Value $29,032 Tax Amount $958.96 Change Rate +0.09751% Assessed CR Tax Rate +0.027391%
Year 2021 Assessed Value $33,991 Land Value $5,966 Improvement Value $28,025 Tax Amount $873.76 Change Rate +0.021989% Assessed CR Tax Rate +0.025706%
Year 2020 Assessed Value $33,000 Land Value $5,792 Improvement Value $27,208 Tax Amount $854.96 Change Rate +0.033709% Assessed CR Tax Rate +0.025908%
Year 2019 Assessed Value $32,039 Land Value $5,792 Improvement Value $26,247 Tax Amount $827.08 Change Rate +0.040562% Assessed CR Tax Rate +0.025815%
Year 2018 Assessed Value $31,106 Land Value $5,792 Improvement Value $25,314 Tax Amount $794.84 Change Rate +0.042003% Assessed CR Tax Rate +0.025553%
Year 2017 Assessed Value $30,200 Land Value $5,792 Improvement Value $24,408 Tax Amount $762.8 Change Rate Assessed CR Tax Rate +0.025258%
Year 2016 Assessed Value $28,771 Land Value $5,792 Improvement Value $22,979 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $27,933 Land Value $5,792 Improvement Value $22,141 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1.5 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $26,330 Land Value $5,792 Improvement Value $20,538 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value $76,689 Land Value $16,869 Improvement Value $59,820 Tax Amount Change Rate Assessed CR Tax Rate