Large Location Icon

1561 Vargas Rd; Rio Rancho, NM Property Details

1561 Vargas Rd, Rio Rancho, NM is a Single Family that was built in 2006. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1561 Vargas Rd has 5 bedrooms, and 3.5 bathrooms, and a total of 3,584 square feet. The lot size of 1561 Vargas Rd is 43,512 square feet.

Off market
1561 Vargas Rd SE Rio Rancho, NM 87124
$154,189 Estimated Value
5 Beds
3.5 Baths
3,584 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2006
  • Purchase Price: $311,000
  • Open Loans / Balance: 2 / $401,541
  • Est. Equity / %: $82,459 / 17.04%
  • Gross Yield: 12.052%
  • APN: R183692
  • Situs County: Sandoval
  • Length Of Ownership: 10 years, 1 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Roof Type: Flat

Measurements

  • Total: 3,584/SqFt
  • Lot: 43,512/SqFt
  • Gross: 3,584/SqFt
  • Living: 3,584/SqFt
  • Building: 3,584/SqFt
  • Price Per Square Foot: $86.77

Legal Description

  • Description: LEGAL: S: 35 T: 12N R: 2E SUBD: RIO RANCHO ESTATES BLOCK: 38 LOT: 47A UNIT: 10
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: 35.22738 / -106.705986
  • Subdivision: Rio Rancho Estates
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4065

Ownership Info

1561 Vargas Rd SE has no associated ownership info
1561 Vargas Rd SE has no associated ownership info.

Taxes

1561 Vargas Rd SE has 10 associated Taxes items

1561 Vargas Rd, 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 $154,189. The APN we've located for 1561 Vargas Rd is R183692.

Unlock the full report
Taxes
  • Assessed Value:  $154,189
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R183692
  • Assessed Land Value:  17329
  • Market Land Value:  51987
  • Tax Amount:  5395.12
  • Tax Year:  2024
  • Market Value:  462566
  • Market Year:  2025

Tax History

1561 Vargas Rd SE has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $154,189 Land Value $17,329 Improvement Value $136,860 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $149,698 Land Value $15,579 Improvement Value $134,119 Tax Amount $5,395.12 Change Rate +0.015602% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $145,338 Land Value $15,576 Improvement Value $129,762 Tax Amount $5,312.24 Change Rate +0.156252% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $125,697 Land Value $15,581 Improvement Value $110,116 Tax Amount $4,594.36 Change Rate +0.50225% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $82,834 Land Value $15,578 Improvement Value $67,256 Tax Amount $3,058.32 Change Rate +0.017825% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $80,421 Land Value Improvement Value Tax Amount $3,004.76 Change Rate +0.023008% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $78,079 Land Value Improvement Value Tax Amount $2,937.18 Change Rate +0.063256% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $78,079 Land Value Improvement Value Tax Amount $2,762.44 Change Rate -0.039312% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $82,314 Land Value Improvement Value Tax Amount $2,875.48 Change Rate Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $116,420 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate