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162 Spectrum Ave; Rio Rancho, NM Property Details

162 Spectrum Ave, Rio Rancho, NM is a Single Family that was built in 2023. This property is not for sale. Our records show that 162 Spectrum Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,596 square feet. The lot size of 162 Spectrum Ave is 5,236 square feet.

Off market
162 Spectrum Ave SW Rio Rancho, NM 87124
$115,729 Estimated Value
3 Beds
2 Baths
1,596 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2023
  • Open Loans / Balance: 2 / $518,681
  • Est. Equity / %: $-155,681 / -42.89%
  • Gross Yield: 7.058%
  • APN: R187988
  • Situs County: Sandoval

Rooms

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

Measurements

  • Total: 1,596/SqFt
  • Lot: 5,236/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: 43
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.25327 / -106.73942
  • Subdivision: Rainbow Subdivision Phase 1
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1888

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

162 Spectrum Ave SW has no associated ownership info
162 Spectrum Ave SW has no associated ownership info.

Taxes

162 Spectrum Ave SW has 10 associated Taxes items

162 Spectrum 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 $115,729. The APN we've located for 162 Spectrum Ave is R187988.

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Taxes
  • Assessed Value:  $115,729
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R187988
  • Assessed Land Value:  24000
  • Market Land Value:  72000
  • Tax Amount:  4181.28
  • Tax Year:  2024
  • Market Value:  347186
  • Market Year:  2025

Tax History

162 Spectrum Ave SW has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,729 Land Value $24,000 Improvement Value $91,729 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $4,181.28 Change Rate +3.177437% Assessed CR Tax Rate
Year 2023 Assessed Value $24,000 Land Value $24,000 Improvement Value Tax Amount $1,000.92 Change Rate +0.600038% Assessed CR Tax Rate +0.041705%
Year 2022 Assessed Value $15,000 Land Value $15,000 Improvement Value Tax Amount $625.56 Change Rate Assessed CR Tax Rate +0.041704%