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487 Chippewa Dr; Rio Rancho, NM Property Details

487 Chippewa Dr, Rio Rancho, NM is a Single Family that was built in 1985. This property is not for sale. Our records show that 487 Chippewa Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,445 square feet. The lot size of 487 Chippewa Dr is 8,407 square feet.

Off market
487 Chippewa Dr SW Rio Rancho, NM 87124
$31,764 Estimated Value
3 Beds
2 Baths
1,445 SqFt
Property Details

Summary

  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1985
  • Est. Equity / %: $260,000 / 100%
  • Gross Yield: 6.438%
  • APN: R049648
  • Situs County: Sandoval

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,445/SqFt
  • Lot: 8,407/SqFt
  • Gross: 1,445/SqFt
  • Living: 1,445/SqFt
  • Building: 1,445/SqFt

Legal Description

  • Description: LEGAL: SUBD: CEDAR HILLS 6 BLOCK: 5 LOT: 19
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: 35.24701 / -106.7462
  • Subdivision: Cedar Hills 6
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4268

HOA

  • H O A One: $35
  • H O A Amount: $35
  • H O A One Frequency: Monthly
  • H O A One Name: Cedar Hills & Adjacent Neighborhood Asso
  • H O A One Type: Home Owner Association

Ownership Info

487 Chippewa Dr SW has no associated ownership info
487 Chippewa Dr SW has no associated ownership info.

Taxes

487 Chippewa Dr SW has 10 associated Taxes items

487 Chippewa Dr, 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 $31,764. The APN we've located for 487 Chippewa Dr is R049648.

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Taxes
  • Assessed Value:  $31,764
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R049648
  • Assessed Land Value:  7875
  • Market Land Value:  23626
  • Tax Amount:  1111.44
  • Tax Year:  2024
  • Market Value:  95294
  • Market Year:  2025

Tax History

487 Chippewa Dr SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,764 Land Value $7,875 Improvement Value $23,889 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $30,839 Land Value $7,747 Improvement Value $23,092 Tax Amount $1,111.44 Change Rate +0.01557% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $29,942 Land Value $7,626 Improvement Value $22,316 Tax Amount $1,094.4 Change Rate +0.030004% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $29,070 Land Value $7,481 Improvement Value $21,589 Tax Amount $1,062.52 Change Rate +0.019654% Assessed CR Tax Rate +0.03655%
Year 2021 Assessed Value $28,223 Land Value $7,407 Improvement Value $20,816 Tax Amount $1,042.04 Change Rate +0.017836% Assessed CR Tax Rate +0.036922%
Year 2020 Assessed Value $27,401 Land Value Improvement Value Tax Amount $1,023.78 Change Rate +0.023003% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $26,603 Land Value Improvement Value Tax Amount $1,000.76 Change Rate +0.063258% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $26,603 Land Value Improvement Value Tax Amount $941.22 Change Rate +0.043204% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $25,828 Land Value Improvement Value Tax Amount $902.24 Change Rate -0.048772% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $25,076 Land Value Improvement Value Tax Amount $948.5 Change Rate -0.013295% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $961.28 Change Rate +0.013474% Assessed CR Tax Rate
Year 2014 Assessed Value $25,076 Land Value Improvement Value Tax Amount $948.5 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $25,076 Land Value $7,285 Improvement Value $17,791 Tax Amount Change Rate Assessed CR Tax Rate