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3 Olive Terrace Rd; Belen, NM Property Details

3 Olive Terrace Rd, Belen, NM is a Single Family that was built in 1984. This property is currently Financed and is not for sale. Our records show that 3 Olive Terrace Rd has 4 bedrooms, and 2 bathrooms, and a total of 2,120 square feet. The lot size of 3 Olive Terrace Rd is 74,488 square feet.

Off market
3 Olive Terrace Rd Belen, NM 87002
$406,000 Listing Price
4 Beds
2 Baths
2,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Purchase Price: $241,900
  • Open Loans / Balance: 1 / $193,442
  • Est. Equity / %: $158,558 / 45.04%
  • Gross Yield: 8.806%
  • APN: 1 006 022 355 380 000000
  • Situs County: Valencia
  • Length Of Ownership: 8 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2

Structure

  • Stories: 2

Measurements

  • Total: 2,120/SqFt
  • Lot: 74,488/SqFt
  • Living: 2,120/SqFt
  • Building: 2,120/SqFt
  • Price Per Square Foot: $114.10

Legal Description

  • Description: SUBD LAND OF LEROY BURSON TRACT UNNO 1.71 ACRES 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: 34.576412 / -106.78748
  • Subdivision: Land Of Leroy Burson
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 9329

Ownership Info

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

Taxes

3 Olive Terrace Rd has 10 associated Taxes items

3 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 $77,820. The APN we've located for 3 Olive Terrace Rd is 1 006 022 355 380 000000.

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Taxes
  • Assessed Value:  $77,820
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 006 022 355 380 000000
  • Assessed Land Value:  17100
  • Market Land Value:  51300
  • Tax Amount:  2698.36
  • Tax Year:  2025
  • Market Value:  233459
  • Market Year:  2025

Tax History

3 Olive Terrace Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,820 Land Value $17,100 Improvement Value $60,720 Tax Amount $2,698.36 Change Rate +0.231565% Assessed CR Tax Rate +0.034674%
Year 2024 Assessed Value $75,553 Land Value $17,100 Improvement Value $58,453 Tax Amount $2,191 Change Rate +0.02116% Assessed CR Tax Rate +0.029%
Year 2023 Assessed Value $73,353 Land Value $17,100 Improvement Value $56,253 Tax Amount $2,145.6 Change Rate +0.048721% Assessed CR Tax Rate +0.02925%
Year 2022 Assessed Value $71,217 Land Value $17,100 Improvement Value $54,117 Tax Amount $2,045.92 Change Rate +0.096726% Assessed CR Tax Rate +0.028728%
Year 2021 Assessed Value $69,143 Land Value $17,613 Improvement Value $51,530 Tax Amount $1,865.48 Change Rate +0.020325% Assessed CR Tax Rate +0.02698%
Year 2020 Assessed Value $67,129 Land Value $17,100 Improvement Value $50,029 Tax Amount $1,828.32 Change Rate +0.002094% Assessed CR Tax Rate +0.027236%
Year 2019 Assessed Value $67,129 Land Value $17,100 Improvement Value $50,029 Tax Amount $1,824.5 Change Rate +0.590172% Assessed CR Tax Rate +0.027179%
Year 2018 Assessed Value $42,584 Land Value $8,550 Improvement Value $34,034 Tax Amount $1,147.36 Change Rate +0.074307% Assessed CR Tax Rate +0.026943%
Year 2017 Assessed Value $41,635 Land Value $8,550 Improvement Value $33,085 Tax Amount $1,068 Change Rate Assessed CR Tax Rate +0.025651%
Year 2016 Assessed Value $35,283 Land Value $9,903 Improvement Value $25,380 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $34,255 Land Value $9,903 Improvement Value $24,352 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,289 Land Value $9,903 Improvement Value $22,386 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value $94,047 Land Value $28,845 Improvement Value $65,202 Tax Amount Change Rate Assessed CR Tax Rate