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308 Prestige Way; Rio Rancho, NM Property Details

308 Prestige Way, Rio Rancho, NM is a Single Family that was built in 1993. This property is currently a cash purchase and is for sale. Our records show that 308 Prestige Way has 3 bedrooms, and 2 bathrooms, and a total of 1,697 square feet. The lot size of 308 Prestige Way is 17,293 square feet.

On Market for 71 days
308 Prestige Way NE Rio Rancho, NM 87124
$400,000 Listing Price
3 Beds
2 Baths
1,697 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Open Loans / Balance: 1 / $300,000
  • Est. Equity / %: $64,000 / 17.58%
  • Gross Yield: 6.684%
  • APN: R027397
  • Situs County: Sandoval
  • Length Of Ownership: 11 years, 9 months

Rooms

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

Measurements

  • Total: 1,697/SqFt
  • Lot: 17,293/SqFt
  • Gross: 1,697/SqFt
  • Living: 1,697/SqFt
  • Building: 1,697/SqFt

Legal Description

  • Description: LEGAL: S: 14 T: 12N R: 2E SUBD: ROLLING HILLS REPLAT 1 BLOCK: 2 LOT: 3
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: 35.262486 / -106.69582
  • Subdivision: Rolling Hills Replat 1
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 6323

Ownership Info

308 Prestige Way NE has no associated ownership info
308 Prestige Way NE has no associated ownership info.

Taxes

308 Prestige Way NE has 10 associated Taxes items

308 Prestige Way, 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 $116,931. The APN we've located for 308 Prestige Way is R027397.

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Taxes
  • Assessed Value:  $116,931
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R027397
  • Assessed Land Value:  20149
  • Market Land Value:  60447
  • Tax Amount:  4214.2
  • Tax Year:  2025
  • Market Value:  350793
  • Market Year:  2025

Tax History

308 Prestige Way NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $116,931 Land Value $20,149 Improvement Value $96,782 Tax Amount $4,214.2 Change Rate +0.030004% Assessed CR Tax Rate +0.03604%
Year 2024 Assessed Value $113,525 Land Value $19,933 Improvement Value $93,592 Tax Amount $4,091.44 Change Rate +0.015598% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $110,219 Land Value $19,933 Improvement Value $90,286 Tax Amount $4,028.6 Change Rate +0.841629% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $65,848 Land Value Improvement Value Tax Amount $2,187.52 Change Rate +0.022741% Assessed CR Tax Rate +0.033221%
Year 2021 Assessed Value $63,931 Land Value $9,918 Improvement Value $54,013 Tax Amount $2,138.88 Change Rate +0.020994% Assessed CR Tax Rate +0.033456%
Year 2020 Assessed Value $62,069 Land Value Improvement Value Tax Amount $2,094.9 Change Rate +0.026308% Assessed CR Tax Rate +0.033751%
Year 2019 Assessed Value $60,261 Land Value Improvement Value Tax Amount $2,041.2 Change Rate Assessed CR Tax Rate +0.033873%