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402 Cerro De Ortega Dr; Rio Rancho, NM Property Details

402 Cerro De Ortega Dr, Rio Rancho, NM is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 402 Cerro De Ortega Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,249 square feet. The lot size of 402 Cerro De Ortega Dr is 10,890 square feet.

Off market
402 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$235,000 Listing Price
2 Beds
2 Baths
1,249 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $239,400
  • Open Loans / Balance: 1 / $169,973
  • Est. Equity / %: $94,027 / 35.62%
  • Gross Yield: 9.173%
  • APN: R095575
  • Situs County: Sandoval
  • Length Of Ownership: 4 years

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Flat

Measurements

  • Total: 1,249/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,249/SqFt
  • Living: 1,249/SqFt
  • Building: 1,249/SqFt
  • Price Per Square Foot: $191.67

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 25 LOT: 2
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: 35.249397 / -106.64634
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1194

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

402 Cerro De Ortega Dr SE has no associated ownership info
402 Cerro De Ortega Dr SE has no associated ownership info.

Taxes

402 Cerro De Ortega Dr SE has 10 associated Taxes items

402 Cerro De Ortega Dr, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $85,026. The APN we've located for 402 Cerro De Ortega Dr is R095575.

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Taxes
  • Assessed Value:  $85,026
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R095575
  • Assessed Land Value:  19921
  • Market Land Value:  59763
  • Tax Amount:  2903.04
  • Tax Year:  2025
  • Market Value:  255079
  • Market Year:  2026

Tax History

402 Cerro De Ortega Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $85,026 Land Value $19,921 Improvement Value $65,105 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,903.04 Change Rate +0.030777% Assessed CR Tax Rate
Year 2024 Assessed Value $80,145 Land Value $18,533 Improvement Value $61,612 Tax Amount $2,816.36 Change Rate +0.016384% Assessed CR Tax Rate +0.035141%
Year 2023 Assessed Value $77,811 Land Value $18,533 Improvement Value $59,278 Tax Amount $2,770.96 Change Rate +1.146367% Assessed CR Tax Rate +0.035611%
Year 2022 Assessed Value $35,321 Land Value $7,303 Improvement Value $28,018 Tax Amount $1,291 Change Rate +0.019683% Assessed CR Tax Rate +0.03655%
Year 2021 Assessed Value $34,292 Land Value $7,301 Improvement Value $26,991 Tax Amount $1,266.08 Change Rate +0.017782% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $33,294 Land Value Improvement Value Tax Amount $1,243.96 Change Rate +0.023027% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $32,324 Land Value Improvement Value Tax Amount $1,215.96 Change Rate +0.095163% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $31,382 Land Value Improvement Value Tax Amount $1,110.3 Change Rate +0.043142% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $30,469 Land Value Improvement Value Tax Amount $1,064.38 Change Rate -0.076444% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $30,469 Land Value Improvement Value Tax Amount $1,152.48 Change Rate -0.013305% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,168.02 Change Rate +0.013484% Assessed CR Tax Rate
Year 2014 Assessed Value $30,469 Land Value Improvement Value Tax Amount $1,152.48 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $25,173 Land Value $7,285 Improvement Value $17,888 Tax Amount Change Rate Assessed CR Tax Rate