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

405 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 405 Cerro De Ortega Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,236 square feet. The lot size of 405 Cerro De Ortega Dr is 14,375 square feet.

Off market
405 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$215,000 Listing Price
3 Beds
2 Baths
1,236 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1973
  • Purchase Price: $215,000
  • Open Loans / Balance: 1 / $153,835
  • Est. Equity / %: $126,165 / 45.06%
  • Gross Yield: 7.933%
  • APN: R098774
  • Situs County: Sandoval
  • Length Of Ownership: 5 years

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Flat

Measurements

  • Total: 1,236/SqFt
  • Lot: 14,375/SqFt
  • Gross: 1,236/SqFt
  • Living: 1,236/SqFt
  • Building: 1,236/SqFt
  • Price Per Square Foot: $173.95

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 28 LOT: 25
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: 35.249546 / -106.64697
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1195

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

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

Taxes

405 Cerro De Ortega Dr SE has 10 associated Taxes items

405 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 $90,479. The APN we've located for 405 Cerro De Ortega Dr is R098774.

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Taxes
  • Assessed Value:  $90,479
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R098774
  • Assessed Land Value:  19768
  • Market Land Value:  59304
  • Tax Amount:  3165.88
  • Tax Year:  2025
  • Market Value:  271436
  • Market Year:  2026

Tax History

405 Cerro De Ortega Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $90,479 Land Value $19,768 Improvement Value $70,711 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,165.88 Change Rate +0.029983% Assessed CR Tax Rate
Year 2024 Assessed Value $85,286 Land Value $13,814 Improvement Value $71,472 Tax Amount $3,073.72 Change Rate +0.015609% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $82,802 Land Value $9,258 Improvement Value $73,544 Tax Amount $3,026.48 Change Rate +0.030018% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $80,389 Land Value Improvement Value Tax Amount $2,938.28 Change Rate +1.647862% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $32,056 Land Value $7,297 Improvement Value $24,759 Tax Amount $1,109.68 Change Rate +0.019814% Assessed CR Tax Rate +0.034617%
Year 2020 Assessed Value $31,123 Land Value Improvement Value Tax Amount $1,088.12 Change Rate +0.025155% Assessed CR Tax Rate +0.034962%
Year 2019 Assessed Value $30,216 Land Value Improvement Value Tax Amount $1,061.42 Change Rate +0.097438% Assessed CR Tax Rate +0.035128%
Year 2018 Assessed Value $29,337 Land Value Improvement Value Tax Amount $967.18 Change Rate +0.045487% Assessed CR Tax Rate +0.032968%
Year 2017 Assessed Value $28,482 Land Value Improvement Value Tax Amount $925.1 Change Rate -0.076452% Assessed CR Tax Rate +0.03248%
Year 2016 Assessed Value $28,482 Land Value Improvement Value Tax Amount $1,001.68 Change Rate -0.013298% Assessed CR Tax Rate +0.035169%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,015.18 Change Rate +0.013477% Assessed CR Tax Rate
Year 2014 Assessed Value $28,482 Land Value Improvement Value Tax Amount $1,001.68 Change Rate Assessed CR Tax Rate +0.035169%
Year 2013 Assessed Value $25,652 Land Value $7,285 Improvement Value $18,367 Tax Amount Change Rate Assessed CR Tax Rate