Large Location Icon

1023 Grace Ct; Rio Rancho, NM Property Details

1023 Grace Ct, Rio Rancho, NM is a Single Family that was built in 2018. This property is currently Financed and is not for sale. Our records show that 1023 Grace Ct has 4 bedrooms, and 2.5 bathrooms, and a total of 2,487 square feet. The lot size of 1023 Grace Ct is 6,050 square feet.

Off market
1023 Grace Ct NE Rio Rancho, NM 87144
$345,000 Listing Price
4 Beds
2.5 Baths
2,487 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $388,100
  • Open Loans / Balance: 1 / $277,419
  • Est. Equity / %: $188,581 / 40.47%
  • Gross Yield: 6.659%
  • APN: R184171
  • Situs County: Sandoval
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 2,487/SqFt
  • Lot: 6,050/SqFt
  • Gross: 2,487/SqFt
  • Living: 2,487/SqFt
  • Building: 2,487/SqFt
  • Price Per Square Foot: $156.05

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA BLOCK: 1 LOT: 33
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.27699 / -106.68179
  • Subdivision: Milagro Mesa
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5791

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Quarterly
  • H O A One Name: Milagro Mesa Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Freedom Mortgage Corporation
  • H O A Two Type: Home Owner Association

Ownership Info

1023 Grace Ct NE has no associated ownership info
1023 Grace Ct NE has no associated ownership info.

Taxes

1023 Grace Ct NE has 10 associated Taxes items

1023 Grace Ct, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $116,808. The APN we've located for 1023 Grace Ct is R184171.

Unlock the full report
Taxes
  • Assessed Value:  $116,808
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R184171
  • Assessed Land Value:  18453
  • Market Land Value:  55360
  • Tax Amount:  4087.2
  • Tax Year:  2024
  • Market Value:  350426
  • Market Year:  2025

Tax History

1023 Grace Ct NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,808 Land Value $18,453 Improvement Value $98,355 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $113,407 Land Value $17,709 Improvement Value $95,698 Tax Amount $4,087.2 Change Rate +0.015605% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $110,104 Land Value $16,932 Improvement Value $93,172 Tax Amount $4,024.4 Change Rate +0.029996% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $106,897 Land Value $16,243 Improvement Value $90,654 Tax Amount $3,907.2 Change Rate +0.165772% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $90,778 Land Value $16,243 Improvement Value $74,535 Tax Amount $3,351.6 Change Rate +0.017808% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $88,134 Land Value Improvement Value Tax Amount $3,292.96 Change Rate -0.038164% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $91,010 Land Value Improvement Value Tax Amount $3,423.62 Change Rate Assessed CR Tax Rate +0.037618%