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1505 Terrazas Ct; Los Lunas, NM Property Details

1505 Terrazas Ct, Los Lunas, NM is a Single Family that was built in 2017. This property is currently Financed and is not for sale. Our records show that 1505 Terrazas Ct has 3 bedrooms, and 1.5 bathrooms, and a total of 1,854 square feet. The lot size of 1505 Terrazas Ct is 14,810 square feet.

Off market  •   Bankruptcy ✓
1505 Terrazas Ct Los Lunas, NM 87031
$308,000 Listing Price
3 Beds
1.5 Baths
1,854 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $327,712
  • Open Loans / Balance: 1 / $236,718
  • Est. Equity / %: $130,282 / 35.5%
  • Gross Yield: 7.792%
  • APN: 1 008 039 460 495 000000
  • Situs County: Valencia
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 1,854/SqFt
  • Lot: 14,810/SqFt
  • Living: 1,854/SqFt
  • Building: 1,854/SqFt
  • Price Per Square Foot: $176.76

Legal Description

  • Description: SUBD LAS TERRAZAS AT FIESTA SUBDIVISION LOT 98 UNIT 1 0.17 ACRE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Los Lunas Public Schools
  • Lat / Lon: 34.8257 / -106.748055
  • Subdivision: Las Terrazas At Fiesta Subdivision
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 8927

HOA

  • H O A One: $40
  • H O A Amount: $40
  • H O A One Frequency: Monthly
  • H O A One Name: Fiesta Hoa
  • H O A One Type: Home Owner Association

Ownership Info

1505 Terrazas Ct has no associated ownership info
1505 Terrazas Ct has no associated ownership info.

Taxes

1505 Terrazas Ct has 10 associated Taxes items

1505 Terrazas Ct, Los Lunas, 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 $103,245. The APN we've located for 1505 Terrazas Ct is 1 008 039 460 495 000000.

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Taxes
  • Assessed Value:  $103,245
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 008 039 460 495 000000
  • Assessed Land Value:  16667
  • Market Land Value:  50000
  • Tax Amount:  4032.66
  • Tax Year:  2025
  • Market Value:  309734
  • Market Year:  2025

Tax History

1505 Terrazas Ct has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $103,245 Land Value $16,667 Improvement Value $86,578 Tax Amount $4,032.66 Change Rate +0.174675% Assessed CR Tax Rate +0.039059%
Year 2024 Assessed Value $103,683 Land Value $16,667 Improvement Value $87,016 Tax Amount $3,433 Change Rate +0.3612% Assessed CR Tax Rate +0.033111%
Year 2023 Assessed Value $76,667 Land Value $16,667 Improvement Value $60,000 Tax Amount $2,522.04 Change Rate -0.012807% Assessed CR Tax Rate +0.032896%
Year 2022 Assessed Value $76,667 Land Value $16,667 Improvement Value $60,000 Tax Amount $2,554.76 Change Rate +0.014857% Assessed CR Tax Rate +0.033323%
Year 2021 Assessed Value $74,841 Land Value $14,763 Improvement Value $60,078 Tax Amount $2,517.36 Change Rate +0.010558% Assessed CR Tax Rate +0.033636%
Year 2020 Assessed Value $72,661 Land Value $14,333 Improvement Value $58,328 Tax Amount $2,491.06 Change Rate -0.005454% Assessed CR Tax Rate +0.034283%
Year 2019 Assessed Value $72,661 Land Value $14,333 Improvement Value $58,328 Tax Amount $2,504.72 Change Rate +0.017716% Assessed CR Tax Rate +0.034471%
Year 2018 Assessed Value $72,661 Land Value $14,333 Improvement Value $58,328 Tax Amount $2,461.12 Change Rate +30.098307% Assessed CR Tax Rate +0.033871%
Year 2017 Assessed Value $2,000 Land Value $2,000 Improvement Value Tax Amount $79.14 Change Rate Assessed CR Tax Rate +0.03957%