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509 Cerro De Ortega Dr; Rio Rancho, NM Property Details

509 Cerro De Ortega 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 509 Cerro De Ortega Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,406 square feet. The lot size of 509 Cerro De Ortega Dr is 10,890 square feet.

Off market
509 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$135,618 Listing Price
3 Beds
2 Baths
1,406 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $138,639
  • Open Loans / Balance: 1 / $95,111
  • Est. Equity / %: $215,889 / 69.42%
  • Gross Yield: 7.134%
  • APN: R097022
  • Situs County: Sandoval
  • Length Of Ownership: 13 years, 5 months

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Flat

Measurements

  • Total: 1,406/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,406/SqFt
  • Living: 1,406/SqFt
  • Building: 1,406/SqFt
  • Price Per Square Foot: $98.61

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 27 LOT: 12
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: 35.248463 / -106.648155
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1103

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

509 Cerro De Ortega Dr SE has no associated ownership info
509 Cerro De Ortega Dr SE has no associated ownership info.

Taxes

509 Cerro De Ortega Dr SE has 10 associated Taxes items

509 Cerro De Ortega 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 $56,949. The APN we've located for 509 Cerro De Ortega Dr is R097022.

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Taxes
  • Assessed Value:  $56,949
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R097022
  • Assessed Land Value:  12619
  • Market Land Value:  37858
  • Tax Amount:  1992.68
  • Tax Year:  2025
  • Market Value:  170847
  • Market Year:  2026

Tax History

509 Cerro De Ortega Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $56,949 Land Value $12,619 Improvement Value $44,330 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,992.68 Change Rate +0.03% Assessed CR Tax Rate
Year 2024 Assessed Value $53,680 Land Value $8,505 Improvement Value $45,175 Tax Amount $1,934.64 Change Rate +0.015602% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $52,117 Land Value $7,949 Improvement Value $44,168 Tax Amount $1,904.92 Change Rate +0.029998% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $50,599 Land Value $7,333 Improvement Value $43,266 Tax Amount $1,849.44 Change Rate +0.019672% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $49,125 Land Value $7,333 Improvement Value $41,792 Tax Amount $1,813.76 Change Rate +0.017823% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $47,694 Land Value Improvement Value Tax Amount $1,782 Change Rate +0.023021% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $46,305 Land Value Improvement Value Tax Amount $1,741.9 Change Rate +0.095135% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $44,957 Land Value Improvement Value Tax Amount $1,590.58 Change Rate +0.043195% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $43,647 Land Value Improvement Value Tax Amount $1,524.72 Change Rate -0.076453% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $43,647 Land Value Improvement Value Tax Amount $1,650.94 Change Rate -0.013304% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,673.2 Change Rate +0.013483% Assessed CR Tax Rate
Year 2014 Assessed Value $43,647 Land Value Improvement Value Tax Amount $1,650.94 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $37,410 Land Value $7,285 Improvement Value $30,125 Tax Amount Change Rate Assessed CR Tax Rate