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505 3rd St; Rio Rancho, NM Property Details

505 3rd St, Rio Rancho, NM is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 505 3rd St has 4 bedrooms, and 2.5 bathrooms, and a total of 3,039 square feet. The lot size of 505 3rd St is 21,780 square feet.

Off market
505 3rd St NE Rio Rancho, NM 87124
$577,000 Listing Price
4 Beds
2.5 Baths
3,039 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2007
  • Purchase Price: $602,064
  • Open Loans / Balance: 2 / $513,958
  • Est. Equity / %: $147,042 / 22.25%
  • Gross Yield: 7.681%
  • APN: R097925
  • Situs County: Sandoval
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Roof Type: Flat

Measurements

  • Total: 3,039/SqFt
  • Lot: 21,780/SqFt
  • Gross: 3,039/SqFt
  • Living: 3,039/SqFt
  • Building: 3,039/SqFt
  • Price Per Square Foot: $198.11

Legal Description

  • Description: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 3 LOT: 73 UNIT: 11
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: 35.26712 / -106.7313
  • Subdivision: Rio Rancho Estates
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4077

Ownership Info

505 3rd St NE has no associated ownership info
505 3rd St NE has no associated ownership info.

Taxes

505 3rd St NE has 10 associated Taxes items

505 3rd St, 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 $202,754. The APN we've located for 505 3rd St is R097925.

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Taxes
  • Assessed Value:  $202,754
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R097925
  • Assessed Land Value:  27333
  • Market Land Value:  82000
  • Tax Amount:  7094.44
  • Tax Year:  2024
  • Market Value:  608264
  • Market Year:  2025

Tax History

505 3rd St NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $202,754 Land Value $27,333 Improvement Value $175,421 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $196,849 Land Value $27,333 Improvement Value $169,516 Tax Amount $7,094.44 Change Rate +0.010351% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $192,109 Land Value $27,333 Improvement Value $164,776 Tax Amount $7,021.76 Change Rate +0.816511% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $105,757 Land Value $14,214 Improvement Value $91,543 Tax Amount $3,865.52 Change Rate +0.019679% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $102,677 Land Value $12,638 Improvement Value $90,039 Tax Amount $3,790.92 Change Rate +0.010907% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $99,687 Land Value Improvement Value Tax Amount $3,750.02 Change Rate +0.030005% Assessed CR Tax Rate +0.037618%
Year 2019 Assessed Value $96,783 Land Value Improvement Value Tax Amount $3,640.78 Change Rate +0.063256% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $96,783 Land Value Improvement Value Tax Amount $3,424.18 Change Rate +0.043181% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $93,964 Land Value Improvement Value Tax Amount $3,282.44 Change Rate -0.048761% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $91,228 Land Value Improvement Value Tax Amount $3,450.7 Change Rate -0.013302% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,497.22 Change Rate +0.013481% Assessed CR Tax Rate
Year 2014 Assessed Value $91,228 Land Value Improvement Value Tax Amount $3,450.7 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $86,634 Land Value $16,667 Improvement Value $69,967 Tax Amount Change Rate Assessed CR Tax Rate