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2304 Lema Rd; Rio Rancho, NM Property Details

2304 Lema Rd, Rio Rancho, NM is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 2304 Lema Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,488 square feet. The lot size of 2304 Lema Rd is 8,364 square feet.

Off market
2304 Lema Rd SE Rio Rancho, NM 87124
$125,000 Listing Price
3 Beds
2 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $151,600
  • Open Loans / Balance: 1 / $142,871
  • Est. Equity / %: $175,129 / 55.07%
  • Gross Yield: 7.521%
  • APN: R105738
  • Situs County: Sandoval
  • Length Of Ownership: 8 years, 6 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,488/SqFt
  • Lot: 8,364/SqFt
  • Gross: 1,488/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Price Per Square Foot: $101.88

Legal Description

  • Description: LEGAL: SUBD: WESTERN HILLS BLOCK: 25 LOT: 8
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: 35.25595 / -106.687645
  • Subdivision: Western Hills
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 2381

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2304 Lema Rd SE has no associated ownership info
2304 Lema Rd SE has no associated ownership info.

Taxes

2304 Lema Rd SE has 10 associated Taxes items

2304 Lema 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 $57,823. The APN we've located for 2304 Lema Rd is R105738.

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Taxes
  • Assessed Value:  $57,823
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R105738
  • Assessed Land Value:  11032
  • Market Land Value:  33095
  • Tax Amount:  2023.24
  • Tax Year:  2024
  • Market Value:  173468
  • Market Year:  2025

Tax History

2304 Lema Rd SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,823 Land Value $11,032 Improvement Value $46,791 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $56,139 Land Value $10,453 Improvement Value $45,686 Tax Amount $2,023.24 Change Rate +0.015601% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $54,504 Land Value $9,872 Improvement Value $44,632 Tax Amount $1,992.16 Change Rate +0.030008% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $52,916 Land Value $9,503 Improvement Value $43,413 Tax Amount $1,934.12 Change Rate +0.019654% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $51,376 Land Value $9,478 Improvement Value $41,898 Tax Amount $1,896.84 Change Rate +0.017826% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $49,879 Land Value Improvement Value Tax Amount $1,863.62 Change Rate +0.023% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $48,427 Land Value Improvement Value Tax Amount $1,821.72 Change Rate +0.095165% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $47,016 Land Value Improvement Value Tax Amount $1,663.42 Change Rate -0.058129% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $50,556 Land Value Improvement Value Tax Amount $1,766.08 Change Rate -0.076453% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $50,556 Land Value Improvement Value Tax Amount $1,912.28 Change Rate -0.013302% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,938.06 Change Rate +0.013481% Assessed CR Tax Rate
Year 2014 Assessed Value $50,556 Land Value Improvement Value Tax Amount $1,912.28 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $50,556 Land Value $8,378 Improvement Value $42,178 Tax Amount Change Rate Assessed CR Tax Rate