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120 Prism Ave; Rio Rancho, NM Property Details

120 Prism Ave, Rio Rancho, NM is a Single Family that was built in 2022. This property is not for sale. Our records show that 120 Prism Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,596 square feet. The lot size of 120 Prism Ave is 5,968 square feet.

Off market
120 Prism Ave SW Rio Rancho, NM 87124
$339,990 Listing Price
3 Beds
2 Baths
1,596 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2022
  • Open Loans / Balance: 1 / $261,190
  • Est. Equity / %: $114,810 / 30.53%
  • Gross Yield: 6.83%
  • APN: R188396
  • Situs County: Sandoval

Rooms

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

Measurements

  • Total: 1,596/SqFt
  • Lot: 5,968/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: 6A
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.252445 / -106.73793
  • Subdivision: Rainbow Subdivision Phase 1
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1859

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

120 Prism Ave SW has no associated ownership info
120 Prism Ave SW has no associated ownership info.

Taxes

120 Prism Ave SW has 10 associated Taxes items

120 Prism 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 $115,976. The APN we've located for 120 Prism Ave is R188396.

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Taxes
  • Assessed Value:  $115,976
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R188396
  • Assessed Land Value:  24000
  • Market Land Value:  72000
  • Tax Amount:  4262.56
  • Tax Year:  2024
  • Market Value:  347929
  • Market Year:  2025

Tax History

120 Prism Ave SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,976 Land Value $24,000 Improvement Value $91,976 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $118,273 Land Value $23,333 Improvement Value $94,940 Tax Amount $4,262.56 Change Rate -0.006841% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $117,423 Land Value $24,000 Improvement Value $93,423 Tax Amount $4,291.92 Change Rate +5.930948% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $15,000 Land Value $15,000 Improvement Value Tax Amount $619.24 Change Rate Assessed CR Tax Rate +0.041283%