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501 Chippewa Dr; Rio Rancho, NM Property Details

501 Chippewa Dr, Rio Rancho, NM is a Single Family that was built in 1986. This property is currently Financed,Intra-Family and is not for sale. Our records show that 501 Chippewa Dr has 2 bedrooms, and 1 bathroom, and a total of 793 square feet. The lot size of 501 Chippewa Dr is 10,367 square feet.

Off market
501 Chippewa Dr SW Rio Rancho, NM 87124
$59,000 Listing Price
2 Beds
1 Baths
793 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $47,254
  • Est. Equity / %: $227,746 / 82.82%
  • Gross Yield: 7.767%
  • APN: R133246
  • Situs County: Sandoval
  • Length Of Ownership: 7 years, 7 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 793/SqFt
  • Lot: 10,367/SqFt
  • Gross: 793/SqFt
  • Living: 793/SqFt
  • Building: 793/SqFt
  • Price Per Square Foot: $126.10

Legal Description

  • Description: LEGAL: SUBD: CEDAR HILLS 6 BLOCK: 5 LOT: 26
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: 35.24712 / -106.74798
  • Subdivision: Cedar Hills 6
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4275

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

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

Taxes

501 Chippewa Dr SW has 10 associated Taxes items

501 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 $36,248. The APN we've located for 501 Chippewa Dr is R133246.

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Taxes
  • Assessed Value:  $36,248
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R133246
  • Assessed Land Value:  9162
  • Market Land Value:  27485
  • Tax Amount:  1268.36
  • Tax Year:  2024
  • Market Value:  108744
  • Market Year:  2025

Tax History

501 Chippewa Dr SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $36,248 Land Value $9,162 Improvement Value $27,086 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $35,193 Land Value $8,903 Improvement Value $26,290 Tax Amount $1,268.36 Change Rate +0.015598% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $34,168 Land Value $8,646 Improvement Value $25,522 Tax Amount $1,248.88 Change Rate +0.030021% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $33,172 Land Value $8,378 Improvement Value $24,794 Tax Amount $1,212.48 Change Rate +0.019679% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $32,206 Land Value $8,222 Improvement Value $23,984 Tax Amount $1,189.08 Change Rate +0.017787% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $31,269 Land Value Improvement Value Tax Amount $1,168.3 Change Rate +0.02303% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $30,358 Land Value Improvement Value Tax Amount $1,142 Change Rate +0.063255% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $30,358 Land Value Improvement Value Tax Amount $1,074.06 Change Rate +0.13874% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $27,000 Land Value Improvement Value Tax Amount $943.2 Change Rate -0.076453% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $27,000 Land Value Improvement Value Tax Amount $1,021.28 Change Rate -0.013294% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,035.04 Change Rate +0.013473% Assessed CR Tax Rate
Year 2014 Assessed Value $27,000 Land Value Improvement Value Tax Amount $1,021.28 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $27,000 Land Value $7,285 Improvement Value $19,715 Tax Amount Change Rate Assessed CR Tax Rate