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1162 Grace St; Rio Rancho, NM Property Details

1162 Grace St, Rio Rancho, NM is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 1162 Grace St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,449 square feet. The lot size of 1162 Grace St is 6,599 square feet.

Off market  •   Pre Probate ✓
1162 Grace St NE Rio Rancho, NM 87144
$274,366 Listing Price
4 Beds
2.5 Baths
2,449 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2018
  • Purchase Price: $274,100
  • Open Loans / Balance: 1 / $395,400
  • Est. Equity / %: $60,600 / 13.29%
  • Gross Yield: 7.389%
  • APN: R184195
  • Situs County: Sandoval
  • Length Of Ownership: 7 years

Rooms

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

Measurements

  • Total: 2,449/SqFt
  • Lot: 6,599/SqFt
  • Gross: 2,449/SqFt
  • Living: 2,449/SqFt
  • Building: 2,449/SqFt
  • Price Per Square Foot: $111.92

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA BLOCK: 2 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: 35.278637 / -106.68016
  • Subdivision: Milagro Mesa
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5814

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

1162 Grace St NE has no associated ownership info
1162 Grace St NE has no associated ownership info.

Taxes

1162 Grace St NE has 10 associated Taxes items

1162 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 $100,963. The APN we've located for 1162 Grace St is R184195.

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Taxes
  • Assessed Value:  $100,963
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R184195
  • Assessed Land Value:  17722
  • Market Land Value:  53167
  • Tax Amount:  3638.72
  • Tax Year:  2025
  • Market Value:  302891
  • Market Year:  2025

Tax History

1162 Grace St NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,963 Land Value $17,722 Improvement Value $83,241 Tax Amount $3,638.72 Change Rate +0.029994% Assessed CR Tax Rate +0.03604%
Year 2024 Assessed Value $98,023 Land Value $17,223 Improvement Value $80,800 Tax Amount $3,532.76 Change Rate +0.015605% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $95,168 Land Value $16,711 Improvement Value $78,457 Tax Amount $3,478.48 Change Rate +0.030002% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $92,396 Land Value $16,243 Improvement Value $76,153 Tax Amount $3,377.16 Change Rate +0.019674% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $89,705 Land Value $16,243 Improvement Value $73,462 Tax Amount $3,312 Change Rate +0.017818% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $87,092 Land Value Improvement Value Tax Amount $3,254.02 Change Rate -0.03808% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $89,926 Land Value Improvement Value Tax Amount $3,382.84 Change Rate Assessed CR Tax Rate +0.037618%