Taxes
- Assessed Value: $56,078
- Assessed Year: 2025
- Assessed County: Sandoval
- APN: R107419
- Assessed Land Value: 8910
- Market Land Value: 26731
- Tax Amount: 1962.2
- Tax Year: 2024
- Market Value: 168236
- Market Year: 2025
505 Terrace Dr; Rio Rancho, NM Property Details
Off market • Pre Probate ✓
505 Terrace Dr NE Rio Rancho, NM 87124
$160,329 Listing Price
3 Beds
2 Baths
1,797 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Est. Equity / %: $327,000 / 100%
- Gross Yield: 7.259%
- APN: R107419
- Situs County: Sandoval
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 1
Measurements
- Total: 1,797/SqFt
- Lot: 13,460/SqFt
- Gross: 1,797/SqFt
- Living: 1,797/SqFt
- Building: 1,797/SqFt
Legal Description
- Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 8 LOT: 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: 35.266705 / -106.649475
- Subdivision: Vista Hills West 3
- Property Class: Residential
- County Use Code: VAC-RES
Amenities
- Plus Four: 4916
HOA
- H O A One Type: Planned Unit Development
Ownership Info
505 Terrace Dr NE has no associated ownership info
505 Terrace Dr NE has no associated ownership info.
Taxes
505 Terrace Dr NE has 10 associated Taxes items
505 Terrace 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 $56,078. The APN we've located for 505 Terrace Dr is R107419.
Unlock the full reportTax History
505 Terrace Dr NE has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $56,078 | Land Value $8,910 | Improvement Value $47,168 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $54,445 | Land Value $8,647 | Improvement Value $45,798 | Tax Amount $1,962.2 | Change Rate +0.015589% | Assessed CR | Tax Rate +0.03604% |
| Year 2023 | Assessed Value $52,860 | Land Value $8,399 | Improvement Value $44,461 | Tax Amount $1,932.08 | Change Rate +0.030003% | Assessed CR | Tax Rate +0.036551% |
| Year 2022 | Assessed Value $51,320 | Land Value $8,094 | Improvement Value $43,226 | Tax Amount $1,875.8 | Change Rate +0.019656% | Assessed CR | Tax Rate +0.036551% |
| Year 2021 | Assessed Value $49,826 | Land Value $8,094 | Improvement Value $41,732 | Tax Amount $1,839.64 | Change Rate +0.017815% | Assessed CR | Tax Rate +0.036921% |
| Year 2020 | Assessed Value $48,375 | Land Value | Improvement Value | Tax Amount $1,807.44 | Change Rate +0.023025% | Assessed CR | Tax Rate +0.037363% |
| Year 2019 | Assessed Value $46,966 | Land Value | Improvement Value | Tax Amount $1,766.76 | Change Rate +0.06325% | Assessed CR | Tax Rate +0.037618% |
| Year 2018 | Assessed Value $46,966 | Land Value | Improvement Value | Tax Amount $1,661.66 | Change Rate -0.003622% | Assessed CR | Tax Rate +0.03538% |
| Year 2017 | Assessed Value $47,740 | Land Value | Improvement Value | Tax Amount $1,667.7 | Change Rate -0.005712% | Assessed CR | Tax Rate +0.034933% |
| Year 2016 | Assessed Value $46,350 | Land Value | Improvement Value | Tax Amount $1,677.28 | Change Rate -0.027709% | Assessed CR | Tax Rate +0.036187% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,725.08 | Change Rate +0.028499% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $44,343 | Land Value | Improvement Value | Tax Amount $1,677.28 | Change Rate | Assessed CR | Tax Rate +0.037825% |
| Year 2013 | Assessed Value $56,458 | Land Value $9,106 | Improvement Value $47,352 | Tax Amount | Change Rate | Assessed CR | Tax Rate |