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1603 Drake Rd; Los Lunas, NM Property Details

1603 Drake Rd, Los Lunas, NM is a Single Family that was built in 2001. This property is currently Financed and is not for sale. Our records show that 1603 Drake Rd has 4 bedrooms, and 2 bathrooms, and a total of 3,290 square feet. The lot size of 1603 Drake Rd is 21,780 square feet.

Off market
1603 Drake Rd SW Los Lunas, NM 87031
$299,900 Listing Price
4 Beds
2 Baths
3,290 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $279,500
  • Open Loans / Balance: 2 / $346,212
  • Est. Equity / %: $230,788 / 40%
  • Gross Yield: 5.151%
  • APN: 1 008 038 213 341 000000
  • Situs County: Valencia
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 2

Measurements

  • Total: 3,290/SqFt
  • Lot: 21,780/SqFt
  • Living: 3,290/SqFt
  • Building: 3,290/SqFt
  • Price Per Square Foot: $84.95

Legal Description

  • Description: SUBD LUNA HILLS LOT 4 BLOCK 12 0.50 ACRE MAP 73
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: 34.806496 / -106.75627
  • Subdivision: Luna Hills
  • Property Class: Residential
  • County Use Code: 120

Amenities

  • Plus Four: 6158
  • Fireplaces: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1603 Drake Rd SW has no associated ownership info
1603 Drake Rd SW has no associated ownership info.

Taxes

1603 Drake Rd SW has 10 associated Taxes items

1603 Drake Rd, 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 $104,136. The APN we've located for 1603 Drake Rd is 1 008 038 213 341 000000.

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Taxes
  • Assessed Value:  $104,136
  • Assessed Year:  2025
  • Assessed County:  Valencia
  • APN:  1 008 038 213 341 000000
  • Assessed Land Value:  21667
  • Market Land Value:  65000
  • Tax Amount:  4067.44
  • Tax Year:  2025
  • Market Value:  312408
  • Market Year:  2025

Tax History

1603 Drake Rd SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $104,136 Land Value $21,667 Improvement Value $82,469 Tax Amount $4,067.44 Change Rate +0.214886% Assessed CR Tax Rate +0.039059%
Year 2024 Assessed Value $101,103 Land Value $21,667 Improvement Value $79,436 Tax Amount $3,348 Change Rate +0.036841% Assessed CR Tax Rate +0.033115%
Year 2023 Assessed Value $98,159 Land Value $21,667 Improvement Value $76,492 Tax Amount $3,229.04 Change Rate +0.016803% Assessed CR Tax Rate +0.032896%
Year 2022 Assessed Value $95,300 Land Value $21,667 Improvement Value $73,633 Tax Amount $3,175.68 Change Rate +0.020417% Assessed CR Tax Rate +0.033323%
Year 2021 Assessed Value $92,524 Land Value $22,317 Improvement Value $70,207 Tax Amount $3,112.14 Change Rate +0.01056% Assessed CR Tax Rate +0.033636%
Year 2020 Assessed Value $89,829 Land Value $21,667 Improvement Value $68,162 Tax Amount $3,079.62 Change Rate -0.005451% Assessed CR Tax Rate +0.034283%
Year 2019 Assessed Value $89,829 Land Value $21,667 Improvement Value $68,162 Tax Amount $3,096.5 Change Rate +0.035515% Assessed CR Tax Rate +0.034471%
Year 2018 Assessed Value $88,285 Land Value $21,667 Improvement Value $66,618 Tax Amount $2,990.3 Change Rate +0.045984% Assessed CR Tax Rate +0.033871%
Year 2017 Assessed Value $85,714 Land Value $21,667 Improvement Value $64,047 Tax Amount $2,858.84 Change Rate Assessed CR Tax Rate +0.033353%
Year 2016 Assessed Value $83,217 Land Value $21,667 Improvement Value $61,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $48,468 Land Value $7,722 Improvement Value $40,746 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $45,686 Land Value $7,722 Improvement Value $37,964 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value $133,065 Land Value $22,491 Improvement Value $110,574 Tax Amount Change Rate Assessed CR Tax Rate