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507 Palmas Altas Dr; Rio Rancho, NM Property Details

507 Palmas Altas Dr, Rio Rancho, NM is a Single Family that was built in 1978. This property is currently a cash purchase and is not for sale. Our records show that 507 Palmas Altas Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,620 square feet. The lot size of 507 Palmas Altas Dr is 12,632 square feet.

Off market
507 Palmas Altas Dr SE Rio Rancho, NM 87124
$359,000 Listing Price
4 Beds
2 Baths
1,620 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1978
  • Est. Equity / %: $333,000 / 100%
  • Gross Yield: 8.213%
  • APN: R125206
  • Situs County: Sandoval
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 1,620/SqFt
  • Lot: 12,632/SqFt
  • Gross: 1,620/SqFt
  • Living: 1,620/SqFt
  • Building: 1,620/SqFt

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 11 LOT: 33
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: 35.247803 / -106.63857
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1322

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

507 Palmas Altas Dr SE has no associated ownership info
507 Palmas Altas Dr SE has no associated ownership info.

Taxes

507 Palmas Altas Dr SE has 10 associated Taxes items

507 Palmas Altas 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 $44,574. The APN we've located for 507 Palmas Altas Dr is R125206.

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Taxes
  • Assessed Value:  $44,574
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R125206
  • Assessed Land Value:  9739
  • Market Land Value:  29216
  • Tax Amount:  1487.6
  • Tax Year:  2025
  • Market Value:  133721
  • Market Year:  2026

Tax History

507 Palmas Altas Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $44,574 Land Value $9,739 Improvement Value $34,835 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,487.6 Change Rate +0.031508% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,442.16 Change Rate +0.017153% Assessed CR Tax Rate
Year 2023 Assessed Value $40,791 Land Value $7,620 Improvement Value $33,171 Tax Amount $1,417.84 Change Rate +0.031576% Assessed CR Tax Rate +0.034759%
Year 2022 Assessed Value $39,603 Land Value Improvement Value Tax Amount $1,374.44 Change Rate +0.021281% Assessed CR Tax Rate +0.034705%
Year 2021 Assessed Value $38,451 Land Value $7,309 Improvement Value $31,142 Tax Amount $1,345.8 Change Rate +0.019515% Assessed CR Tax Rate +0.035%
Year 2020 Assessed Value $37,330 Land Value Improvement Value Tax Amount $1,320.04 Change Rate +0.024717% Assessed CR Tax Rate +0.035361%
Year 2019 Assessed Value $36,244 Land Value Improvement Value Tax Amount $1,288.2 Change Rate +0.097069% Assessed CR Tax Rate +0.035542%
Year 2018 Assessed Value $35,189 Land Value Improvement Value Tax Amount $1,174.22 Change Rate +0.04507% Assessed CR Tax Rate +0.033369%
Year 2017 Assessed Value $34,164 Land Value Improvement Value Tax Amount $1,123.58 Change Rate -0.076459% Assessed CR Tax Rate +0.032888%
Year 2016 Assessed Value $34,164 Land Value Improvement Value Tax Amount $1,216.6 Change Rate -0.013301% Assessed CR Tax Rate +0.035611%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,233 Change Rate +0.01348% Assessed CR Tax Rate
Year 2014 Assessed Value $34,164 Land Value Improvement Value Tax Amount $1,216.6 Change Rate Assessed CR Tax Rate +0.035611%
Year 2013 Assessed Value $31,168 Land Value $7,285 Improvement Value $23,883 Tax Amount Change Rate Assessed CR Tax Rate