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2505 Michelle Ct; Rio Rancho, NM Property Details

2505 Michelle Ct, Rio Rancho, NM is a Single Family that was built in 2014. This property is currently Financed,New Construction and is not for sale. Our records show that 2505 Michelle Ct has 4 bedrooms, and 2.5 bathrooms, and a total of 2,535 square feet. The lot size of 2505 Michelle Ct is 6,220 square feet.

Off market
2505 Michelle Ct NE Rio Rancho, NM 87144
$73,769 Estimated Value
4 Beds
2.5 Baths
2,535 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2014
  • Purchase Price: $195,000
  • Open Loans / Balance: 1 / $149,233
  • Est. Equity / %: $176,767 / 54.22%
  • Gross Yield: 9.471%
  • APN: R182861
  • Situs County: Sandoval
  • Length Of Ownership: 12 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 2,535/SqFt
  • Lot: 6,220/SqFt
  • Gross: 2,535/SqFt
  • Living: 2,535/SqFt
  • Building: 2,535/SqFt
  • Price Per Square Foot: $76.92

Legal Description

  • Description: LEGAL: SUBD: CIELO NORTE UNIT 3 BLOCK: 2 LOT: 27 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: 35.299255 / -106.7133
  • 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

2505 Michelle Ct NE has no associated ownership info
2505 Michelle Ct NE has no associated ownership info.

Taxes

2505 Michelle Ct NE has 10 associated Taxes items

2505 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 $73,769. The APN we've located for 2505 Michelle Ct is R182861.

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Taxes
  • Assessed Value:  $73,769
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R182861
  • Assessed Land Value:  11993
  • Market Land Value:  35978
  • Tax Amount:  2581.2
  • Tax Year:  2024
  • Market Value:  221306
  • Market Year:  2025

Tax History

2505 Michelle Ct NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,769 Land Value $11,993 Improvement Value $61,776 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $71,620 Land Value $11,634 Improvement Value $59,986 Tax Amount $2,581.2 Change Rate +0.015613% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $69,534 Land Value $11,346 Improvement Value $58,188 Tax Amount $2,541.52 Change Rate +0.02999% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $67,509 Land Value $11,057 Improvement Value $56,452 Tax Amount $2,467.52 Change Rate +0.01967% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $65,543 Land Value $10,751 Improvement Value $54,792 Tax Amount $2,419.92 Change Rate +0.017817% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $63,634 Land Value Improvement Value Tax Amount $2,377.56 Change Rate +0.023011% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $61,781 Land Value Improvement Value Tax Amount $2,324.08 Change Rate +0.062194% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $61,843 Land Value Improvement Value Tax Amount $2,188 Change Rate -0.106705% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $70,116 Land Value Improvement Value Tax Amount $2,449.36 Change Rate +4.59087% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $68,074 Land Value Improvement Value Tax Amount $438.1 Change Rate -0.832121% Assessed CR Tax Rate +0.006436%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,609.62 Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $10,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate