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1159 Grace St; Rio Rancho, NM Property Details

1159 Grace St, Rio Rancho, NM is a Single Family that was built in 2018. This property is currently Financed and is for sale. Our records show that 1159 Grace St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,754 square feet. The lot size of 1159 Grace St is 6,007 square feet.

On Market for 31 days
1159 Grace St NE Rio Rancho, NM 87144
$474,000 Listing Price
4 Beds
2.5 Baths
2,754 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $426,300
  • Open Loans / Balance: 1 / $419,589
  • Est. Equity / %: $50,411 / 10.73%
  • Gross Yield: 6.929%
  • APN: R184115
  • Situs County: Sandoval
  • Length Of Ownership: 3 years, 2 months

Rooms

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

Measurements

  • Total: 2,754/SqFt
  • Lot: 6,007/SqFt
  • Gross: 2,754/SqFt
  • Living: 2,754/SqFt
  • Building: 2,754/SqFt
  • Price Per Square Foot: $154.79

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA BLOCK: 1 LOT: 16
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: 35.278557 / -106.68071
  • Subdivision: Milagro Mesa
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5815
  • Fireplaces: 1

HOA

  • H O A One: $25
  • H O A Amount: $25
  • H O A One Frequency: Monthly
  • H O A One Name: Milagro Mesa Subdivision
  • 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

1159 Grace St NE has no associated ownership info
1159 Grace St NE has no associated ownership info.

Taxes

1159 Grace St NE has 10 associated Taxes items

1159 Grace St, 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 $147,633. The APN we've located for 1159 Grace St is R184115.

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Taxes
  • Assessed Value:  $147,633
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R184115
  • Assessed Land Value:  25000
  • Market Land Value:  75000
  • Tax Amount:  5320.68
  • Tax Year:  2025
  • Market Value:  442900
  • Market Year:  2025

Tax History

1159 Grace St NE has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $147,633 Land Value $25,000 Improvement Value $122,633 Tax Amount $5,320.68 Change Rate +0.029998% Assessed CR Tax Rate +0.03604%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,165.72 Change Rate +0.390279% Assessed CR Tax Rate
Year 2023 Assessed Value $103,655 Land Value $16,706 Improvement Value $86,949 Tax Amount $3,715.6 Change Rate +0.030611% Assessed CR Tax Rate +0.035846%
Year 2022 Assessed Value $100,636 Land Value $16,243 Improvement Value $84,393 Tax Amount $3,605.24 Change Rate +0.020297% Assessed CR Tax Rate +0.035825%
Year 2021 Assessed Value $97,705 Land Value $16,243 Improvement Value $81,462 Tax Amount $3,533.52 Change Rate -0.003019% Assessed CR Tax Rate +0.036165%
Year 2020 Assessed Value $94,859 Land Value Improvement Value Tax Amount $3,544.22 Change Rate -0.068477% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $101,142 Land Value Improvement Value Tax Amount $3,804.76 Change Rate Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $10,238 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate