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2501 Michelle Ct; Rio Rancho, NM Property Details

2501 Michelle Ct, Rio Rancho, NM is a Single Family that was built in 2014. This property is currently a cash purchase and is not for sale. Our records show that 2501 Michelle Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 2,126 square feet. The lot size of 2501 Michelle Ct is 8,838 square feet.

Off market
2501 Michelle Ct NE Rio Rancho, NM 87144
$178,254 Listing Price
3 Beds
2.5 Baths
2,126 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2014
  • Purchase Price: $359,400
  • Open Loans / Balance: 2 / $170,300
  • Est. Equity / %: $185,700 / 52.16%
  • Gross Yield: 7.578%
  • APN: R182862
  • Situs County: Sandoval
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 2,126/SqFt
  • Lot: 8,838/SqFt
  • Gross: 2,126/SqFt
  • Living: 2,126/SqFt
  • Building: 2,126/SqFt
  • Price Per Square Foot: $169.05

Legal Description

  • Description: LEGAL: SUBD: CIELO NORTE UNIT 3 BLOCK: 2 LOT: 28 UNIT: 12 PLAT #3104
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: 35.299084 / -106.713264
  • Subdivision: Cielo Norte Unit 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 2005

HOA

  • H O A One: $88
  • H O A Amount: $88
  • H O A One Frequency: Quarterly
  • H O A One Name: Cielo Norte Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

2501 Michelle Ct NE has no associated ownership info
2501 Michelle Ct NE has no associated ownership info.

Taxes

2501 Michelle Ct NE has 10 associated Taxes items

2501 Michelle Ct, 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 $69,982. The APN we've located for 2501 Michelle Ct is R182862.

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Taxes
  • Assessed Value:  $69,982
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R182862
  • Assessed Land Value:  12331
  • Market Land Value:  36994
  • Tax Amount:  2376.64
  • Tax Year:  2024
  • Market Value:  209946
  • Market Year:  2025

Tax History

2501 Michelle Ct NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,982 Land Value $12,331 Improvement Value $57,651 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $67,944 Land Value $11,947 Improvement Value $55,997 Tax Amount $2,376.64 Change Rate +0.016527% Assessed CR Tax Rate +0.034979%
Year 2023 Assessed Value $65,965 Land Value $11,624 Improvement Value $54,341 Tax Amount $2,338 Change Rate +0.030973% Assessed CR Tax Rate +0.035443%
Year 2022 Assessed Value $64,044 Land Value $11,297 Improvement Value $52,747 Tax Amount $2,267.76 Change Rate +0.020649% Assessed CR Tax Rate +0.035409%
Year 2021 Assessed Value $62,179 Land Value $10,937 Improvement Value $51,242 Tax Amount $2,221.88 Change Rate +0.018837% Assessed CR Tax Rate +0.035734%
Year 2020 Assessed Value $60,368 Land Value Improvement Value Tax Amount $2,180.8 Change Rate -0.010885% Assessed CR Tax Rate +0.036125%
Year 2019 Assessed Value $58,610 Land Value Improvement Value Tax Amount $2,204.8 Change Rate +0.095161% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $56,903 Land Value Improvement Value Tax Amount $2,013.22 Change Rate -0.204336% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $72,431 Land Value Improvement Value Tax Amount $2,530.24 Change Rate +4.775485% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $57,837 Land Value Improvement Value Tax Amount $438.1 Change Rate -0.815805% Assessed CR Tax Rate +0.007575%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,378.46 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $10,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate