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1948 Lee Loop; Rio Rancho, NM Property Details

1948 Lee Loop, Rio Rancho, NM is a Single Family that was built in 1991. This property is not for sale. Our records show that 1948 Lee Loop has 3 bedrooms, and 2 bathrooms, and a total of 1,092 square feet. The lot size of 1948 Lee Loop is 7,231 square feet.

Off market
1948 Lee Loop NE Rio Rancho, NM 87144
$65,000 Listing Price
3 Beds
2 Baths
1,092 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $65,000
  • Open Loans / Balance: 1 / $37,707
  • Est. Equity / %: $220,293 / 85.38%
  • Gross Yield: 8.051%
  • APN: R123168
  • Situs County: Sandoval
  • Length Of Ownership: 13 years, 8 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,092/SqFt
  • Lot: 7,231/SqFt
  • Gross: 1,092/SqFt
  • Living: 1,092/SqFt
  • Building: 1,092/SqFt
  • Price Per Square Foot: $59.52

Legal Description

  • Description: LEGAL: SUBD: NORTH HILLS 5 BLOCK: 1 LOT: 63
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: 35.28452 / -106.71109
  • 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

1948 Lee Loop NE has no associated ownership info
1948 Lee Loop NE has no associated ownership info.

Taxes

1948 Lee Loop NE has 10 associated Taxes items

1948 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 $40,276. The APN we've located for 1948 Lee Loop is R123168.

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Taxes
  • Assessed Value:  $40,276
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R123168
  • Assessed Land Value:  7890
  • Market Land Value:  23669
  • Tax Amount:  1193.04
  • Tax Year:  2024
  • Market Value:  120827
  • Market Year:  2025

Tax History

1948 Lee Loop NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,276 Land Value $7,890 Improvement Value $32,386 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $39,103 Land Value $7,660 Improvement Value $31,443 Tax Amount $1,193.04 Change Rate +0.021159% Assessed CR Tax Rate +0.03051%
Year 2023 Assessed Value $37,964 Land Value $7,448 Improvement Value $30,516 Tax Amount $1,168.32 Change Rate +0.035855% Assessed CR Tax Rate +0.030774%
Year 2022 Assessed Value $36,858 Land Value $7,258 Improvement Value $29,600 Tax Amount $1,127.88 Change Rate +0.025644% Assessed CR Tax Rate +0.030601%
Year 2021 Assessed Value $35,785 Land Value $7,060 Improvement Value $28,725 Tax Amount $1,099.68 Change Rate +0.023987% Assessed CR Tax Rate +0.03073%
Year 2020 Assessed Value $34,743 Land Value Improvement Value Tax Amount $1,073.92 Change Rate +0.029468% Assessed CR Tax Rate +0.03091%
Year 2019 Assessed Value $33,731 Land Value Improvement Value Tax Amount $1,043.18 Change Rate +0.102284% Assessed CR Tax Rate +0.030926%
Year 2018 Assessed Value $32,749 Land Value Improvement Value Tax Amount $946.38 Change Rate +0.03267% Assessed CR Tax Rate +0.028898%
Year 2017 Assessed Value $32,234 Land Value Improvement Value Tax Amount $916.44 Change Rate -0.006418% Assessed CR Tax Rate +0.028431%
Year 2016 Assessed Value $31,296 Land Value Improvement Value Tax Amount $922.36 Change Rate -0.013308% Assessed CR Tax Rate +0.029472%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $934.8 Change Rate +0.013487% Assessed CR Tax Rate
Year 2014 Assessed Value $30,385 Land Value Improvement Value Tax Amount $922.36 Change Rate Assessed CR Tax Rate +0.030356%
Year 2013 Assessed Value $30,385 Land Value $5,464 Improvement Value $24,921 Tax Amount Change Rate Assessed CR Tax Rate