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227 Prism Ave; Rio Rancho, NM Property Details

227 Prism Ave, Rio Rancho, NM is a Vacant Land General. This property is currently Financed,New Construction and is not for sale. The lot size of 227 Prism Ave is 5,249 square feet.

Off market
227 Prism Ave SW Rio Rancho, NM 87124
$24,000 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $357,747
  • Open Loans / Balance: 1 / $351,727
  • Est. Equity / %: $-62,727 / -21.7%
  • APN: R188865
  • Situs County: Sandoval
  • Length Of Ownership: 1 year

Measurements

  • Lot: 5,249/SqFt

Legal Description

  • Description: LEGAL: S: 21 T: 12N R: 2E SUBD: RAINBOW SUBDIVISION PHASE II LOT: 97
Building Insights

Land Information

  • Property Type: Vacant Land General
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.25299 / -106.74209
  • Subdivision: Rainbow Subdivision Phase Ii
  • Property Class: Vacant
  • County Use Code: VAC-NR

Amenities

  • Plus Four: 1895

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

227 Prism Ave SW has no associated ownership info
227 Prism Ave SW has no associated ownership info.

Taxes

227 Prism Ave SW has 10 associated Taxes items

227 Prism 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 $24,000. The APN we've located for 227 Prism Ave is R188865.

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Taxes
  • Assessed Value:  $24,000
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R188865
  • Assessed Land Value:  24000
  • Market Land Value:  72000
  • Tax Amount:  875.88
  • Tax Year:  2025
  • Market Value:  72000
  • Market Year:  2025

Tax History

227 Prism Ave SW has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $24,000 Land Value $24,000 Improvement Value Tax Amount $875.88 Change Rate +0.028608% Assessed CR Tax Rate +0.036495%
Year 2024 Assessed Value $23,333 Land Value $23,333 Improvement Value Tax Amount $851.52 Change Rate +0.361212% Assessed CR Tax Rate +0.036494%
Year 2023 Assessed Value $15,000 Land Value $15,000 Improvement Value Tax Amount $625.56 Change Rate Assessed CR Tax Rate +0.041704%