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2348 Lema Rd; Rio Rancho, NM Property Details

2348 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 2348 Lema Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,697 square feet. The lot size of 2348 Lema Rd is 11,500 square feet.

Off market
2348 Lema Rd SE Rio Rancho, NM 87124
$119,004 Listing Price
3 Beds
2 Baths
1,697 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1983
  • Purchase Price: $255,360
  • Open Loans / Balance: 1 / $189,225
  • Est. Equity / %: $79,775 / 29.66%
  • Gross Yield: 9.493%
  • APN: R110286
  • Situs County: Sandoval
  • Length Of Ownership: 1 year, 7 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,697/SqFt
  • Lot: 11,500/SqFt
  • Gross: 1,697/SqFt
  • Living: 1,697/SqFt
  • Building: 1,697/SqFt
  • Price Per Square Foot: $150.48

Legal Description

  • Description: LEGAL: SUBD: WESTERN HILLS BLOCK: 20 LOT: 26
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: 35.254047 / -106.69012
  • Subdivision: Western Hills
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 2386

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2348 Lema Rd SE has no associated ownership info
2348 Lema Rd SE has no associated ownership info.

Taxes

2348 Lema Rd SE has 10 associated Taxes items

2348 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 $61,658. The APN we've located for 2348 Lema Rd is R110286.

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Taxes
  • Assessed Value:  $61,658
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R110286
  • Assessed Land Value:  11650
  • Market Land Value:  34951
  • Tax Amount:  2157.48
  • Tax Year:  2024
  • Market Value:  184975
  • Market Year:  2025

Tax History

2348 Lema Rd SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,658 Land Value $11,650 Improvement Value $50,008 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $2,157.48 Change Rate +0.01561% Assessed CR Tax Rate
Year 2023 Assessed Value $58,119 Land Value $10,414 Improvement Value $47,705 Tax Amount $2,124.32 Change Rate +0.029983% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $56,427 Land Value $9,780 Improvement Value $46,647 Tax Amount $2,062.48 Change Rate +0.019697% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $54,783 Land Value $9,780 Improvement Value $45,003 Tax Amount $2,022.64 Change Rate +0.401302% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $38,632 Land Value Improvement Value Tax Amount $1,443.4 Change Rate +0.023006% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $37,507 Land Value Improvement Value Tax Amount $1,410.94 Change Rate +0.095144% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $36,415 Land Value Improvement Value Tax Amount $1,288.36 Change Rate +0.043156% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $35,355 Land Value Improvement Value Tax Amount $1,235.06 Change Rate -0.076453% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $35,355 Land Value Improvement Value Tax Amount $1,337.3 Change Rate -0.01331% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,355.34 Change Rate +0.01349% Assessed CR Tax Rate
Year 2014 Assessed Value $35,355 Land Value Improvement Value Tax Amount $1,337.3 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $35,355 Land Value $8,378 Improvement Value $26,977 Tax Amount Change Rate Assessed CR Tax Rate