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1202 Grace St; Rio Rancho, NM Property Details

1202 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 1202 Grace St has 3 bedrooms, and 2 bathrooms, and a total of 1,406 square feet. The lot size of 1202 Grace St is 6,599 square feet.

For Rent
1202 Grace St NE Rio Rancho, NM 87144
$2,300 Listing Price
3 Beds
2 Baths
1,406 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $289,500
  • Open Loans / Balance: 2 / $225,559
  • Est. Equity / %: $146,441 / 39.37%
  • Gross Yield: 6.8%
  • APN: R185916
  • Situs County: Sandoval
  • Length Of Ownership: 4 years, 5 months

Rooms

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

Measurements

  • Total: 1,406/SqFt
  • Lot: 6,599/SqFt
  • Gross: 1,406/SqFt
  • Living: 1,406/SqFt
  • Building: 1,406/SqFt
  • Price Per Square Foot: $205.90

Legal Description

  • Description: LEGAL: S: 12 T: 12N R: 2E SUBD: MILAGRO MESA SUBDIVISION PHASE 2 BLOCK: 2 LOT: 26
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: 35.280155 / -106.68016
  • Subdivision: Milagro Mesa Subdivision Phase 2
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5816

HOA

  • H O A One: $75
  • H O A Amount: $75
  • H O A One Frequency: Monthly
  • H O A One Name: Milagro Mesa Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

1202 Grace St NE has no associated ownership info
1202 Grace St NE has no associated ownership info.

Taxes

1202 Grace St NE has 10 associated Taxes items

1202 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 $93,845. The APN we've located for 1202 Grace St is R185916.

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Taxes
  • Assessed Value:  $93,845
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R185916
  • Assessed Land Value:  19578
  • Market Land Value:  58733
  • Tax Amount:  3283.68
  • Tax Year:  2024
  • Market Value:  281535
  • Market Year:  2025

Tax History

1202 Grace St NE has 6 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,845 Land Value $19,578 Improvement Value $74,267 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $91,112 Land Value $18,616 Improvement Value $72,496 Tax Amount $3,283.68 Change Rate +0.0156% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $88,458 Land Value $17,492 Improvement Value $70,966 Tax Amount $3,233.24 Change Rate +0.030009% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $85,881 Land Value Improvement Value Tax Amount $3,139.04 Change Rate +3.681222% 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%