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8 Olive Terrace Rd; Belen, NM Property Details

8 Olive Terrace Rd, Belen, NM is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 8 Olive Terrace Rd has 2 bedrooms, and 2 bathrooms, and a total of 1,500 square feet. The lot size of 8 Olive Terrace Rd is 55,757 square feet.

Off market
8 Olive Terrace Rd Belen, NM 87002
$168,000 Listing Price
2 Beds
2 Baths
1,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1998
  • Purchase Price: $83,790
  • Open Loans / Balance: 2 / $176,096
  • Est. Equity / %: $67,904 / 27.83%
  • Gross Yield: 9.266%
  • APN: 1 006 022 337 347 000000
  • Situs County: Valencia
  • Length Of Ownership: 2 years, 7 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,500/SqFt
  • Lot: 55,757/SqFt
  • Living: 1,500/SqFt
  • Building: 1,500/SqFt
  • Price Per Square Foot: $55.86

Legal Description

  • Description: SUBD OLIVE TERRACE LOT 3 UNIT 1 1.28 ACRES MAP 112 1998 REV
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: 34.57516 / -106.78799
  • Subdivision: Olive Terrace
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 9330

Ownership Info

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

Taxes

8 Olive Terrace Rd has 10 associated Taxes items

8 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 $56,000. The APN we've located for 8 Olive Terrace Rd is 1 006 022 337 347 000000.

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Taxes
  • Assessed Value:  $56,000
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 006 022 337 347 000000
  • Assessed Land Value:  7333
  • Market Land Value:  22000
  • Tax Amount:  1982.9
  • Tax Year:  2025
  • Market Value:  168000
  • Market Year:  2025

Tax History

8 Olive Terrace Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,000 Land Value $7,333 Improvement Value $48,667 Tax Amount $1,982.9 Change Rate +0.195959% Assessed CR Tax Rate +0.035409%
Year 2024 Assessed Value $56,000 Land Value $7,333 Improvement Value $48,667 Tax Amount $1,658 Change Rate -0.009558% Assessed CR Tax Rate +0.029607%
Year 2023 Assessed Value $56,000 Land Value $7,333 Improvement Value $48,667 Tax Amount $1,674 Change Rate +0.040553% Assessed CR Tax Rate +0.029893%
Year 2022 Assessed Value $56,000 Land Value $7,333 Improvement Value $48,667 Tax Amount $1,608.76 Change Rate +0.440251% Assessed CR Tax Rate +0.028728%
Year 2021 Assessed Value $41,401 Land Value $7,636 Improvement Value $33,765 Tax Amount $1,117 Change Rate +0.159556% Assessed CR Tax Rate +0.02698%
Year 2020 Assessed Value $40,196 Land Value $7,414 Improvement Value $32,782 Tax Amount $963.3 Change Rate +0.002039% Assessed CR Tax Rate +0.023965%
Year 2019 Assessed Value $40,196 Land Value $7,414 Improvement Value $32,782 Tax Amount $961.34 Change Rate +0.008455% Assessed CR Tax Rate +0.023916%
Year 2018 Assessed Value $40,196 Land Value $7,414 Improvement Value $32,782 Tax Amount $953.28 Change Rate +0.028549% Assessed CR Tax Rate +0.023716%
Year 2017 Assessed Value $39,585 Land Value $7,414 Improvement Value $32,171 Tax Amount $926.82 Change Rate Assessed CR Tax Rate +0.023413%
Year 2016 Assessed Value $38,432 Land Value $7,414 Improvement Value $31,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $37,313 Land Value $7,414 Improvement Value $29,899 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,171 Land Value $7,414 Improvement Value $27,757 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value $102,441 Land Value $21,594 Improvement Value $80,847 Tax Amount Change Rate Assessed CR Tax Rate