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2516 48th St; Rio Rancho, NM Property Details

2516 48th St, Rio Rancho, NM is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 2516 48th St has 5 bedrooms, and 4 bathrooms, and a total of 2,693 square feet. The lot size of 2516 48th St is 21,780 square feet.

Off market  •   Pre Probate ✓
2516 48th St NE Rio Rancho, NM 87144
$490,000 Listing Price
5 Beds
4 Baths
2,693 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $489,500
  • Open Loans / Balance: 1 / $437,390
  • Est. Equity / %: $300,610 / 40.73%
  • Gross Yield: 6.543%
  • APN: R069248
  • Situs County: Sandoval
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Stories: 1

Measurements

  • Total: 2,693/SqFt
  • Lot: 21,780/SqFt
  • Gross: 2,693/SqFt
  • Living: 2,693/SqFt
  • Building: 2,693/SqFt
  • Price Per Square Foot: $181.77

Legal Description

  • Description: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 16 LOT: 11 UNIT: 17
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: 35.300144 / -106.63927
  • Subdivision: Rio Rancho Estates
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4066

Ownership Info

2516 48th St NE has no associated ownership info
2516 48th St NE has no associated ownership info.

Taxes

2516 48th St NE has 8 associated Taxes items

2516 48th St, 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 $179,410. The APN we've located for 2516 48th St is R069248.

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Taxes
  • Assessed Value:  $179,410
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R069248
  • Assessed Land Value:  16667
  • Market Land Value:  50000
  • Market Value:  538230
  • Market Year:  2025

Tax History

2516 48th St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $179,410 Land Value $16,667 Improvement Value $162,743 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $174,185 Land Value $16,667 Improvement Value $157,518 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $169,112 Land Value $16,667 Improvement Value $152,445 Tax Amount $5,885.36 Change Rate Assessed CR Tax Rate +0.034802%
Year 2022 Assessed Value $164,186 Land Value $16,667 Improvement Value $147,519 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $159,404 Land Value $16,667 Improvement Value $142,737 Tax Amount $5,885.36 Change Rate +0.309965% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $120,246 Land Value Improvement Value Tax Amount $4,492.76 Change Rate +0.078445% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $116,744 Land Value Improvement Value Tax Amount $4,165.96 Change Rate +0.096929% Assessed CR Tax Rate +0.035685%
Year 2018 Assessed Value $113,344 Land Value Improvement Value Tax Amount $3,797.84 Change Rate +0.04493% Assessed CR Tax Rate +0.033507%
Year 2017 Assessed Value $110,043 Land Value Improvement Value Tax Amount $3,634.54 Change Rate -0.076454% Assessed CR Tax Rate +0.033028%
Year 2016 Assessed Value $110,043 Land Value Improvement Value Tax Amount $3,935.42 Change Rate -0.013303% Assessed CR Tax Rate +0.035763%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,988.48 Change Rate +0.013483% Assessed CR Tax Rate
Year 2014 Assessed Value $110,043 Land Value Improvement Value Tax Amount $3,935.42 Change Rate Assessed CR Tax Rate +0.035763%
Year 2013 Assessed Value $104,043 Land Value $21,974 Improvement Value $82,069 Tax Amount Change Rate Assessed CR Tax Rate