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1405 Margie Ct; Rio Rancho, NM Property Details

1405 Margie Ct, Rio Rancho, NM is a Single Family that was built in 1972. This property is currently a cash purchase and is not for sale. Our records show that 1405 Margie Ct has 2 bedrooms, and 2.5 bathrooms, and a total of 1,960 square feet. The lot size of 1405 Margie Ct is 17,860 square feet.

Off market
1405 Margie Ct SE Rio Rancho, NM 87124
$165,000 Listing Price
2 Beds
2.5 Baths
1,960 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1972
  • Open Loans / Balance: 1 / $197,185
  • Est. Equity / %: $183,815 / 48.25%
  • Gross Yield: 6.617%
  • APN: R042360
  • Situs County: Sandoval
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,960/SqFt
  • Lot: 17,860/SqFt
  • Gross: 1,960/SqFt
  • Living: 1,960/SqFt
  • Building: 1,960/SqFt

Legal Description

  • Description: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 31A LOT: 8 UNIT: 16
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: 35.23373 / -106.66327
  • Subdivision: Rio Rancho Estates
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1822

Ownership Info

1405 Margie Ct SE has no associated ownership info
1405 Margie Ct SE has no associated ownership info.

Taxes

1405 Margie Ct SE has 10 associated Taxes items

1405 Margie Ct, 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 $71,302. The APN we've located for 1405 Margie Ct is R042360.

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Taxes
  • Assessed Value:  $71,302
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R042360
  • Assessed Land Value:  9279
  • Market Land Value:  27837
  • Tax Amount:  2494.88
  • Tax Year:  2024
  • Market Value:  213906
  • Market Year:  2025

Tax History

1405 Margie Ct SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,302 Land Value $9,279 Improvement Value $62,023 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $69,225 Land Value $8,868 Improvement Value $60,357 Tax Amount $2,494.88 Change Rate +0.291988% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $52,831 Land Value $8,724 Improvement Value $44,107 Tax Amount $1,931.04 Change Rate +0.029998% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $51,293 Land Value $8,569 Improvement Value $42,724 Tax Amount $1,874.8 Change Rate +0.019667% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $49,799 Land Value $8,333 Improvement Value $41,466 Tax Amount $1,838.64 Change Rate -0.011824% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $49,799 Land Value Improvement Value Tax Amount $1,860.64 Change Rate +0.023027% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $48,348 Land Value Improvement Value Tax Amount $1,818.76 Change Rate +0.09515% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $46,940 Land Value Improvement Value Tax Amount $1,660.74 Change Rate +0.043178% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $45,573 Land Value Improvement Value Tax Amount $1,592 Change Rate -0.107303% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $45,573 Land Value Improvement Value Tax Amount $1,783.36 Change Rate +0.020789% Assessed CR Tax Rate +0.039132%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,747.04 Change Rate +1.20366% Assessed CR Tax Rate
Year 2014 Assessed Value $43,919 Land Value Improvement Value Tax Amount $792.79 Change Rate Assessed CR Tax Rate +0.018051%
Year 2013 Assessed Value $38,539 Land Value $9,241 Improvement Value $29,298 Tax Amount Change Rate Assessed CR Tax Rate