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2388 Lema Rd; Rio Rancho, NM Property Details

2388 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 2388 Lema Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,405 square feet. The lot size of 2388 Lema Rd is 9,322 square feet.

Off market
2388 Lema Rd SE Rio Rancho, NM 87124
$41,713 Estimated Value
3 Beds
2 Baths
1,405 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $187,500
  • Open Loans / Balance: 3 / $224,041
  • Est. Equity / %: $92,959 / 29.32%
  • Gross Yield: 5.788%
  • APN: R133334
  • Situs County: Sandoval
  • Length Of Ownership: 5 years

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,405/SqFt
  • Lot: 9,322/SqFt
  • Gross: 1,405/SqFt
  • Living: 1,405/SqFt
  • Building: 1,405/SqFt
  • Price Per Square Foot: $133.45

Legal Description

  • Description: LEGAL: SUBD: WESTERN HILLS BLOCK: 20 LOT: 9
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: 35.251442 / -106.689476
  • Subdivision: Western Hills
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 2388

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

2388 Lema Rd SE has no associated ownership info
2388 Lema Rd SE has no associated ownership info.

Taxes

2388 Lema Rd SE has 10 associated Taxes items

2388 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 $41,713. The APN we've located for 2388 Lema Rd is R133334.

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Taxes
  • Assessed Value:  $41,713
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R133334
  • Assessed Land Value:  9416
  • Market Land Value:  28249
  • Tax Amount:  1459.6
  • Tax Year:  2024
  • Market Value:  125141
  • Market Year:  2025

Tax History

2388 Lema Rd SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,713 Land Value $9,416 Improvement Value $32,297 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,459.6 Change Rate +0.015614% Assessed CR Tax Rate
Year 2023 Assessed Value $39,319 Land Value $8,781 Improvement Value $30,538 Tax Amount $1,437.16 Change Rate +0.029986% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $38,175 Land Value $8,578 Improvement Value $29,597 Tax Amount $1,395.32 Change Rate +0.019673% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $37,063 Land Value $8,537 Improvement Value $28,526 Tax Amount $1,368.4 Change Rate +0.017791% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $35,984 Land Value Improvement Value Tax Amount $1,344.48 Change Rate +0.023025% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $34,936 Land Value Improvement Value Tax Amount $1,314.22 Change Rate +0.095165% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $33,918 Land Value Improvement Value Tax Amount $1,200.02 Change Rate +0.043151% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $32,931 Land Value Improvement Value Tax Amount $1,150.38 Change Rate -0.07646% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $32,931 Land Value Improvement Value Tax Amount $1,245.62 Change Rate -0.013292% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,262.4 Change Rate +0.013471% Assessed CR Tax Rate
Year 2014 Assessed Value $32,931 Land Value Improvement Value Tax Amount $1,245.62 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $32,931 Land Value $8,378 Improvement Value $24,553 Tax Amount Change Rate Assessed CR Tax Rate