Taxes
- Assessed Value: $115,740
- Assessed Year: 2025
- Assessed County: Sandoval
- APN: R187977
- Assessed Land Value: 24000
- Market Land Value: 72000
- Tax Amount: 851.52
- Tax Year: 2024
- Market Value: 347220
- Market Year: 2025
118 Spectrum Ave; Rio Rancho, NM Property Details
Off market
118 Spectrum Ave SW Rio Rancho, NM 87124
$115,740 Estimated Value
3 Beds
2 Baths
1,596 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2024
- Est. Equity / %: $362,000 / 100%
- Gross Yield: 7.081%
- APN: R187977
- Situs County: Sandoval
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Measurements
- Total: 1,596/SqFt
- Lot: 4,961/SqFt
- Gross: 1,596/SqFt
- Living: 1,596/SqFt
- Building: 1,596/SqFt
Legal Description
- Description: LEGAL: S: 21 T: 12N R: 2E SUBD: RAINBOW SUBDIVISION PHASE 1 LOT: 32
Building Insights
Land Information
- Property Type: Single Family
- School District: Rio Rancho Public Schools
- Lat / Lon: 35.25321 / -106.737724
- Subdivision: Rainbow Subdivision Phase 1
- Property Class: Residential
- County Use Code: VAC-RES
Amenities
- Plus Four: 1888
HOA
- H O A One: $45
- H O A Amount: $45
- H O A One Frequency: Monthly
- H O A One Name: Rainbow Community Association Inc
- H O A One Type: Home Owner Association
Ownership Info
118 Spectrum Ave SW has no associated ownership info
118 Spectrum Ave SW has no associated ownership info.
Taxes
118 Spectrum Ave SW has 10 associated Taxes items
118 Spectrum Ave, 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 $115,740. The APN we've located for 118 Spectrum Ave is R187977.
Unlock the full reportTax History
118 Spectrum Ave SW has 4 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $115,740 | Land Value $24,000 | Improvement Value $91,740 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $23,333 | Land Value $23,333 | Improvement Value | Tax Amount $851.52 | Change Rate -0.149263% | Assessed CR | Tax Rate +0.036494% |
| Year 2023 | Assessed Value $24,000 | Land Value $24,000 | Improvement Value | Tax Amount $1,000.92 | Change Rate | Assessed CR | Tax Rate +0.041705% |
| Year 2022 | Assessed Value $15,000 | Land Value $15,000 | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |