Large Location Icon

1940 Lee Loop; Rio Rancho, NM Property Details

1940 Lee Loop, Rio Rancho, NM is a Single Family that was built in 1991. This property is currently Financed and is not for sale. Our records show that 1940 Lee Loop has 3 bedrooms, and 2 bathrooms, and a total of 1,248 square feet. The lot size of 1940 Lee Loop is 7,187 square feet.

Off market
1940 Lee Loop NE Rio Rancho, NM 87144
$178,506 Listing Price
3 Beds
2 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $179,100
  • Open Loans / Balance: 2 / $159,237
  • Est. Equity / %: $120,763 / 43.13%
  • Gross Yield: 6.574%
  • APN: R046447
  • Situs County: Sandoval
  • Length Of Ownership: 6 years

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,248/SqFt
  • Lot: 7,187/SqFt
  • Gross: 1,248/SqFt
  • Living: 1,248/SqFt
  • Building: 1,248/SqFt
  • Price Per Square Foot: $143.51

Legal Description

  • Description: LEGAL: SUBD: NORTH HILLS 5 BLOCK: 1 LOT: 61
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: 35.284294 / -106.71133
  • Subdivision: North Hills 5
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5480

HOA

  • H O A One: $35
  • H O A Two: $192
  • H O A Amount: $227
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Quarterly
  • H O A One Name: North Hills Property Owners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Midfirst Bank
  • H O A Two Type: Home Owner Association

Ownership Info

1940 Lee Loop NE has no associated ownership info
1940 Lee Loop NE has no associated ownership info.

Taxes

1940 Lee Loop NE has 10 associated Taxes items

1940 Lee Loop, 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 $55,939. The APN we've located for 1940 Lee Loop is R046447.

Unlock the full report
Taxes
  • Assessed Value:  $55,939
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R046447
  • Assessed Land Value:  10865
  • Market Land Value:  32595
  • Tax Amount:  1957.32
  • Tax Year:  2024
  • Market Value:  167818
  • Market Year:  2025

Tax History

1940 Lee Loop NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,939 Land Value $10,865 Improvement Value $45,074 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $54,310 Land Value $10,595 Improvement Value $43,715 Tax Amount $1,957.32 Change Rate +0.015587% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $52,728 Land Value $10,374 Improvement Value $42,354 Tax Amount $1,927.28 Change Rate +0.019682% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $51,193 Land Value $10,150 Improvement Value $41,043 Tax Amount $1,890.08 Change Rate +0.017803% Assessed CR Tax Rate +0.036921%
Year 2021 Assessed Value $49,702 Land Value $10,000 Improvement Value $39,702 Tax Amount $1,857.02 Change Rate +0.087694% Assessed CR Tax Rate +0.037363%
Year 2020 Assessed Value $45,695 Land Value Improvement Value Tax Amount $1,707.3 Change Rate +0.074963% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $42,220 Land Value Improvement Value Tax Amount $1,588.24 Change Rate +0.891978% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $25,727 Land Value Improvement Value Tax Amount $839.46 Change Rate +0.012789% Assessed CR Tax Rate +0.03263%
Year 2017 Assessed Value $25,727 Land Value Improvement Value Tax Amount $828.86 Change Rate -0.076459% Assessed CR Tax Rate +0.032218%
Year 2016 Assessed Value $25,727 Land Value Improvement Value Tax Amount $897.48 Change Rate -0.013303% Assessed CR Tax Rate +0.034885%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $909.58 Change Rate +0.013482% Assessed CR Tax Rate
Year 2014 Assessed Value $25,727 Land Value Improvement Value Tax Amount $897.48 Change Rate Assessed CR Tax Rate +0.034885%
Year 2013 Assessed Value $23,727 Land Value $5,000 Improvement Value $18,727 Tax Amount Change Rate Assessed CR Tax Rate