Large Location Icon

1187 Grace St; Rio Rancho, NM Property Details

1187 Grace St, Rio Rancho, NM is a Single Family that was built in 2020. This property is currently Financed,New Construction and is not for sale. Our records show that 1187 Grace St has 3 bedrooms, and 2 bathrooms, and a total of 1,425 square feet. The lot size of 1187 Grace St is 6,007 square feet.

Off market
1187 Grace St NE Rio Rancho, NM 87144
$97,986 Estimated Value
3 Beds
2 Baths
1,425 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2020
  • Purchase Price: $298,000
  • Open Loans / Balance: 1 / $208,696
  • Est. Equity / %: $164,304 / 44.05%
  • Gross Yield: 6.405%
  • APN: R185907
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 7 months

Rooms

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

Measurements

  • Total: 1,425/SqFt
  • Lot: 6,007/SqFt
  • Gross: 1,425/SqFt
  • Living: 1,425/SqFt
  • Building: 1,425/SqFt
  • Price Per Square Foot: $209.12

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA SUBDIVISION PHASE 2 BLOCK: 1 LOT: 9
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: 35.279587 / -106.68071
  • Subdivision: Milagro Mesa Subdivision Phase 2
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5815
  • Fireplaces: 1

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

1187 Grace St NE has no associated ownership info
1187 Grace St NE has no associated ownership info.

Taxes

1187 Grace St NE has 10 associated Taxes items

1187 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 $97,986. The APN we've located for 1187 Grace St is R185907.

Unlock the full report
Taxes
  • Assessed Value:  $97,986
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R185907
  • Assessed Land Value:  19620
  • Market Land Value:  58859
  • Tax Amount:  3428.56
  • Tax Year:  2024
  • Market Value:  293958
  • Market Year:  2025

Tax History

1187 Grace St NE has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $97,986 Land Value $19,620 Improvement Value $78,366 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $95,132 Land Value $18,650 Improvement Value $76,482 Tax Amount $3,428.56 Change Rate +0.015593% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $92,362 Land Value $17,513 Improvement Value $74,849 Tax Amount $3,375.92 Change Rate +0.03001% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $89,671 Land Value Improvement Value Tax Amount $3,277.56 Change Rate +0.012267% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $87,696 Land Value $16,243 Improvement Value $71,453 Tax Amount $3,237.84 Change Rate +4.090783% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $16,243 Land Value Improvement Value Tax Amount $636.02 Change Rate Assessed CR Tax Rate +0.039157%