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

501 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 501 Cerro De Ortega Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,323 square feet. The lot size of 501 Cerro De Ortega Dr is 10,890 square feet.

Off market
501 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$115,000 Listing Price
2 Beds
2 Baths
1,323 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $96,500
  • Open Loans / Balance: 1 / $73,032
  • Est. Equity / %: $147,968 / 66.95%
  • Gross Yield: 10.854%
  • APN: R106580
  • Situs County: Sandoval
  • Length Of Ownership: 11 years

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,323/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,323/SqFt
  • Living: 1,323/SqFt
  • Building: 1,323/SqFt
  • Price Per Square Foot: $72.94

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 27 LOT: 8
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: 35.249218 / -106.647385
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1103

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

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

Taxes

501 Cerro De Ortega Dr SE has 10 associated Taxes items

501 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 $37,967. The APN we've located for 501 Cerro De Ortega Dr is R106580.

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Taxes
  • Assessed Value:  $37,967
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R106580
  • Assessed Land Value:  9609
  • Market Land Value:  28828
  • Tax Amount:  1328.48
  • Tax Year:  2025
  • Market Value:  113902
  • Market Year:  2026

Tax History

501 Cerro De Ortega Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $37,967 Land Value $9,609 Improvement Value $28,358 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,328.48 Change Rate +0.029989% Assessed CR Tax Rate
Year 2024 Assessed Value $35,788 Land Value $7,928 Improvement Value $27,860 Tax Amount $1,289.8 Change Rate +0.015591% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $34,746 Land Value $7,620 Improvement Value $27,126 Tax Amount $1,270 Change Rate +0.030008% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $33,734 Land Value $7,333 Improvement Value $26,401 Tax Amount $1,233 Change Rate +0.019682% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $32,751 Land Value $7,333 Improvement Value $25,418 Tax Amount $1,209.2 Change Rate +0.017794% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $31,798 Land Value Improvement Value Tax Amount $1,188.06 Change Rate +0.023008% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $30,872 Land Value Improvement Value Tax Amount $1,161.34 Change Rate +0.095149% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $29,973 Land Value Improvement Value Tax Amount $1,060.44 Change Rate +0.043165% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $29,100 Land Value Improvement Value Tax Amount $1,016.56 Change Rate -0.008428% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $29,100 Land Value Improvement Value Tax Amount $1,025.2 Change Rate -0.01332% Assessed CR Tax Rate +0.03523%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,039.04 Change Rate +0.0135% Assessed CR Tax Rate
Year 2014 Assessed Value $27,104 Land Value Improvement Value Tax Amount $1,025.2 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $26,314 Land Value $7,285 Improvement Value $19,029 Tax Amount Change Rate Assessed CR Tax Rate