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497 Chippewa Dr; Rio Rancho, NM Property Details

497 Chippewa Dr, Rio Rancho, NM is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 497 Chippewa Dr has 2 bedrooms, and 1 bathroom, and a total of 793 square feet. The lot size of 497 Chippewa Dr is 8,712 square feet.

Off market
497 Chippewa Dr SW Rio Rancho, NM 87124
$125,000 Listing Price
2 Beds
1 Baths
793 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1986
  • Purchase Price: $137,800
  • Open Loans / Balance: 1 / $98,041
  • Est. Equity / %: $134,959 / 57.92%
  • Gross Yield: 10.723%
  • APN: R121384
  • Situs County: Sandoval
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 793/SqFt
  • Lot: 8,712/SqFt
  • Gross: 793/SqFt
  • Living: 793/SqFt
  • Building: 793/SqFt
  • Price Per Square Foot: $173.77

Legal Description

  • Description: LEGAL: SUBD: CEDAR HILLS 6 BLOCK: 5 LOT: 24
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: 35.246975 / -106.74748
  • Subdivision: Cedar Hills 6
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4274

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

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

Taxes

497 Chippewa Dr SW has 10 associated Taxes items

497 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 $44,004. The APN we've located for 497 Chippewa Dr is R121384.

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Taxes
  • Assessed Value:  $44,004
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R121384
  • Assessed Land Value:  9663
  • Market Land Value:  28989
  • Tax Amount:  1467.64
  • Tax Year:  2024
  • Market Value:  132013
  • Market Year:  2025

Tax History

497 Chippewa Dr SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $44,004 Land Value $9,663 Improvement Value $34,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $42,723 Land Value $9,407 Improvement Value $33,316 Tax Amount $1,467.64 Change Rate +0.017076% Assessed CR Tax Rate +0.034352%
Year 2023 Assessed Value $41,479 Land Value $9,132 Improvement Value $32,347 Tax Amount $1,443 Change Rate +0.031599% Assessed CR Tax Rate +0.034789%
Year 2022 Assessed Value $40,270 Land Value $8,860 Improvement Value $31,410 Tax Amount $1,398.8 Change Rate +0.02129% Assessed CR Tax Rate +0.034736%
Year 2021 Assessed Value $39,097 Land Value $8,723 Improvement Value $30,374 Tax Amount $1,369.64 Change Rate +0.019426% Assessed CR Tax Rate +0.035032%
Year 2020 Assessed Value $37,959 Land Value Improvement Value Tax Amount $1,343.54 Change Rate +0.024711% Assessed CR Tax Rate +0.035395%
Year 2019 Assessed Value $36,854 Land Value Improvement Value Tax Amount $1,311.14 Change Rate +0.06191% Assessed CR Tax Rate +0.035577%
Year 2018 Assessed Value $34,898 Land Value Improvement Value Tax Amount $1,234.7 Change Rate +0.207176% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $29,279 Land Value Improvement Value Tax Amount $1,022.8 Change Rate -0.076462% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $29,279 Land Value Improvement Value Tax Amount $1,107.48 Change Rate -0.013311% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,122.42 Change Rate +0.01349% Assessed CR Tax Rate
Year 2014 Assessed Value $29,279 Land Value Improvement Value Tax Amount $1,107.48 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $29,279 Land Value $7,285 Improvement Value $21,994 Tax Amount Change Rate Assessed CR Tax Rate