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508 Villa Verde Dr; Rio Rancho, NM Property Details

508 Villa Verde 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 508 Villa Verde Dr has 3 bedrooms, and 2 bathrooms, and a total of 990 square feet. The lot size of 508 Villa Verde Dr is 10,890 square feet.

Off market
508 Villa Verde Dr SE Rio Rancho, NM 87124
$225,000 Listing Price
3 Beds
2 Baths
990 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $353,780
  • Open Loans / Balance: 1 / $264,686
  • Est. Equity / %: $-27,686 / -11.68%
  • Gross Yield: 10.785%
  • APN: R103570
  • Situs County: Sandoval
  • Length Of Ownership: 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 990/SqFt
  • Lot: 10,890/SqFt
  • Gross: 990/SqFt
  • Living: 990/SqFt
  • Building: 990/SqFt
  • Price Per Square Foot: $357.35

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 11 LOT: 25
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: 35.247894 / -106.63897
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1242

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

508 Villa Verde Dr SE has no associated ownership info
508 Villa Verde Dr SE has no associated ownership info.

Taxes

508 Villa Verde Dr SE has 10 associated Taxes items

508 Villa Verde 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 $82,615. The APN we've located for 508 Villa Verde Dr is R103570.

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Taxes
  • Assessed Value:  $82,615
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R103570
  • Assessed Land Value:  19933
  • Market Land Value:  59800
  • Tax Amount:  785.56
  • Tax Year:  2024
  • Market Value:  247847
  • Market Year:  2025

Tax History

508 Villa Verde Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,615 Land Value $19,933 Improvement Value $62,682 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $785.56 Change Rate +0.018409% Assessed CR Tax Rate
Year 2023 Assessed Value $23,104 Land Value $7,485 Improvement Value $15,619 Tax Amount $771.36 Change Rate +0.032887% Assessed CR Tax Rate +0.033386%
Year 2022 Assessed Value $22,432 Land Value Improvement Value Tax Amount $746.8 Change Rate +0.022677% Assessed CR Tax Rate +0.033292%
Year 2021 Assessed Value $21,778 Land Value $7,293 Improvement Value $14,485 Tax Amount $730.24 Change Rate +0.020915% Assessed CR Tax Rate +0.033531%
Year 2020 Assessed Value $21,144 Land Value Improvement Value Tax Amount $715.28 Change Rate +0.026256% Assessed CR Tax Rate +0.033829%
Year 2019 Assessed Value $20,528 Land Value Improvement Value Tax Amount $696.98 Change Rate +0.098714% Assessed CR Tax Rate +0.033953%
Year 2018 Assessed Value $19,930 Land Value Improvement Value Tax Amount $634.36 Change Rate +0.046591% Assessed CR Tax Rate +0.031829%
Year 2017 Assessed Value $19,351 Land Value Improvement Value Tax Amount $606.12 Change Rate -0.076459% Assessed CR Tax Rate +0.031322%
Year 2016 Assessed Value $19,351 Land Value Improvement Value Tax Amount $656.3 Change Rate -0.01332% Assessed CR Tax Rate +0.033916%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $665.16 Change Rate +0.0135% Assessed CR Tax Rate
Year 2014 Assessed Value $19,351 Land Value Improvement Value Tax Amount $656.3 Change Rate Assessed CR Tax Rate +0.033916%
Year 2013 Assessed Value $16,787 Land Value $7,285 Improvement Value $9,502 Tax Amount Change Rate Assessed CR Tax Rate