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2929 Lerma Rd; Rio Rancho, NM Property Details

2929 Lerma Rd, Rio Rancho, NM is a Single Family that was built in 2008. This property is currently Financed,Bank Sale and is not for sale. Our records show that 2929 Lerma Rd has 4 bedrooms, and 3.5 bathrooms, and a total of 2,649 square feet. The lot size of 2929 Lerma Rd is 27,225 square feet.

Off market
2929 Lerma Rd NE Rio Rancho, NM 87144
$374,900 Listing Price
4 Beds
3.5 Baths
2,649 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2008
  • Purchase Price: $379,100
  • Open Loans / Balance: 1 / $327,669
  • Est. Equity / %: $349,331 / 51.6%
  • Gross Yield: 6.968%
  • APN: R033025
  • Situs County: Sandoval
  • Length Of Ownership: 9 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,649/SqFt
  • Lot: 27,225/SqFt
  • Gross: 2,649/SqFt
  • Living: 2,649/SqFt
  • Building: 2,649/SqFt
  • Price Per Square Foot: $143.11

Legal Description

  • Description: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: TT LOT: 5A 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: 35.306385 / -106.60423
  • Subdivision: Rio Rancho Estates
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 0903

Ownership Info

2929 Lerma Rd NE has no associated ownership info
2929 Lerma Rd NE has no associated ownership info.

Taxes

2929 Lerma Rd NE has 10 associated Taxes items

2929 Lerma 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 $118,057. The APN we've located for 2929 Lerma Rd is R033025.

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Taxes
  • Assessed Value:  $118,057
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R033025
  • Assessed Land Value:  16667
  • Market Land Value:  50000
  • Tax Amount:  4130.88
  • Tax Year:  2024
  • Market Value:  354170
  • Market Year:  2025

Tax History

2929 Lerma Rd NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,057 Land Value $16,667 Improvement Value $101,390 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $114,619 Land Value $16,667 Improvement Value $97,952 Tax Amount $4,130.88 Change Rate +0.015607% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $111,280 Land Value $16,667 Improvement Value $94,613 Tax Amount $4,067.4 Change Rate +0.030003% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $108,039 Land Value $16,667 Improvement Value $91,372 Tax Amount $3,948.92 Change Rate +0.019666% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $104,893 Land Value $16,667 Improvement Value $88,226 Tax Amount $3,872.76 Change Rate +0.017813% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $101,838 Land Value Improvement Value Tax Amount $3,804.98 Change Rate -0.006776% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $101,838 Land Value Improvement Value Tax Amount $3,830.94 Change Rate +0.063258% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $101,838 Land Value Improvement Value Tax Amount $3,603.02 Change Rate +0.053847% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $97,871 Land Value Improvement Value Tax Amount $3,418.92 Change Rate -0.076462% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $97,871 Land Value Improvement Value Tax Amount $3,701.98 Change Rate -0.0133% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,751.88 Change Rate +0.013479% Assessed CR Tax Rate
Year 2014 Assessed Value $97,871 Land Value Improvement Value Tax Amount $3,701.98 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $97,871 Land Value $29,811 Improvement Value $68,060 Tax Amount Change Rate Assessed CR Tax Rate