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1186 Grace St; Rio Rancho, NM Property Details

1186 Grace St, Rio Rancho, NM is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 1186 Grace St has 3 bedrooms, and 2 bathrooms, and a total of 1,858 square feet. The lot size of 1186 Grace St is 6,599 square feet.

Off market
1186 Grace St NE Rio Rancho, NM 87144
$112,906 Estimated Value
3 Beds
2 Baths
1,858 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2021
  • Purchase Price: $339,100
  • Open Loans / Balance: 1 / $242,664
  • Est. Equity / %: $152,336 / 38.57%
  • Gross Yield: 7.704%
  • APN: R185912
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Measurements

  • Total: 1,858/SqFt
  • Lot: 6,599/SqFt
  • Gross: 1,858/SqFt
  • Living: 1,858/SqFt
  • Building: 1,858/SqFt
  • Price Per Square Foot: $182.51

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA SUBDIVISION PHASE 2 BLOCK: 2 LOT: 22
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: 35.27955 / -106.68016
  • Subdivision: Milagro Mesa Subdivision Phase 2
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5814

HOA

  • H O A One: $78
  • H O A Amount: $78
  • H O A One Frequency: Monthly
  • H O A One Name: Milagro Mesa Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

1186 Grace St NE has no associated ownership info
1186 Grace St NE has no associated ownership info.

Taxes

1186 Grace St NE has 10 associated Taxes items

1186 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 $112,906. The APN we've located for 1186 Grace St is R185912.

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Taxes
  • Assessed Value:  $112,906
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R185912
  • Assessed Land Value:  18737
  • Market Land Value:  56211
  • Tax Amount:  3950.6
  • Tax Year:  2024
  • Market Value:  338718
  • Market Year:  2025

Tax History

1186 Grace St NE has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $112,906 Land Value $18,737 Improvement Value $94,169 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $109,617 Land Value $17,952 Improvement Value $91,665 Tax Amount $3,950.6 Change Rate +0.015589% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $106,425 Land Value $17,130 Improvement Value $89,295 Tax Amount $3,889.96 Change Rate +0.030006% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $103,325 Land Value $16,243 Improvement Value $87,082 Tax Amount $3,776.64 Change Rate +4.632069% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $16,243 Land Value $16,243 Improvement Value Tax Amount $670.56 Change Rate +0.054306% Assessed CR Tax Rate +0.041283%
Year 2020 Assessed Value $16,243 Land Value Improvement Value Tax Amount $636.02 Change Rate Assessed CR Tax Rate +0.039157%