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1508 Wellspring Ave; Rio Rancho, NM Property Details

1508 Wellspring Ave, Rio Rancho, NM is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 1508 Wellspring Ave is 64,704 square feet.

Off market
1508 Wellspring Ave SE Rio Rancho, NM 87124
$135,016 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Est. Equity / %: $388,000 / 100%
  • APN: R188631
  • Situs County: Sandoval
  • Length Of Ownership: 5 months

Measurements

  • Lot: 64,704/SqFt

Legal Description

  • Description: LEGAL: S: 35 T: 12N R: 2E SUBD: RIO RANCHO ESTATES BLOCK: 27 LOT: 10-A-2 UNIT: 10
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.224712 / -106.70479
  • Subdivision: Rio Rancho Estates
  • Property Class: Vacant
  • County Use Code: VAC-NR

Ownership Info

1508 Wellspring Ave SE has no associated ownership info
1508 Wellspring Ave SE has no associated ownership info.

Taxes

1508 Wellspring Ave SE has 10 associated Taxes items

1508 Wellspring 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 $135,016. The APN we've located for 1508 Wellspring Ave is R188631.

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Taxes
  • Assessed Value:  $135,016
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R188631
  • Assessed Land Value:  135016
  • Market Land Value:  405047
  • Tax Amount:  4927.4
  • Tax Year:  2025
  • Market Value:  405047
  • Market Year:  2025

Tax History

1508 Wellspring Ave SE has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $135,016 Land Value $135,016 Improvement Value Tax Amount $4,927.4 Change Rate Assessed CR Tax Rate +0.036495%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,927.4 Change Rate -0.124926% Assessed CR Tax Rate
Year 2023 Assessed Value $135,016 Land Value $135,016 Improvement Value Tax Amount $5,630.84 Change Rate Assessed CR Tax Rate +0.041705%