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512 Palmas Altas Dr; Rio Rancho, NM Property Details

512 Palmas Altas Dr, Rio Rancho, NM is a Single Family that was built in 1976. This property is currently a cash purchase and is not for sale. Our records show that 512 Palmas Altas Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,007 square feet. The lot size of 512 Palmas Altas Dr is 12,632 square feet.

Off market
512 Palmas Altas Dr SE Rio Rancho, NM 87124
$130,000 Listing Price
4 Beds
2 Baths
2,007 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1976
  • Est. Equity / %: $259,000 / 100%
  • Gross Yield: 9.512%
  • APN: R050678
  • Situs County: Sandoval
  • Length Of Ownership: 12 years, 3 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 2,007/SqFt
  • Lot: 12,632/SqFt
  • Gross: 2,007/SqFt
  • Living: 2,007/SqFt
  • Building: 2,007/SqFt

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 13 LOT: 40
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: 35.247272 / -106.63837
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1323

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

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

Taxes

512 Palmas Altas Dr SE has 10 associated Taxes items

512 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 $47,144. The APN we've located for 512 Palmas Altas Dr is R050678.

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Taxes
  • Assessed Value:  $47,144
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R050678
  • Assessed Land Value:  9390
  • Market Land Value:  28171
  • Tax Amount:  1649.6
  • Tax Year:  2025
  • Market Value:  141433
  • Market Year:  2026

Tax History

512 Palmas Altas Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $47,144 Land Value $9,390 Improvement Value $37,754 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,649.6 Change Rate +0.029996% Assessed CR Tax Rate
Year 2024 Assessed Value $44,438 Land Value $7,869 Improvement Value $36,569 Tax Amount $1,601.56 Change Rate +0.0156% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $43,144 Land Value $7,605 Improvement Value $35,539 Tax Amount $1,576.96 Change Rate +0.029993% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $41,888 Land Value $7,333 Improvement Value $34,555 Tax Amount $1,531.04 Change Rate +0.01966% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $40,668 Land Value $7,333 Improvement Value $33,335 Tax Amount $1,501.52 Change Rate +0.017842% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $39,483 Land Value Improvement Value Tax Amount $1,475.2 Change Rate +0.023009% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $38,333 Land Value Improvement Value Tax Amount $1,442.02 Change Rate +0.095144% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $37,217 Land Value Improvement Value Tax Amount $1,316.74 Change Rate +0.043177% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $36,133 Land Value Improvement Value Tax Amount $1,262.24 Change Rate +0.021544% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $36,133 Land Value Improvement Value Tax Amount $1,235.62 Change Rate -0.107959% Assessed CR Tax Rate +0.034196%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,385.16 Change Rate +0.121024% Assessed CR Tax Rate
Year 2014 Assessed Value $38,667 Land Value Improvement Value Tax Amount $1,235.62 Change Rate Assessed CR Tax Rate +0.031955%
Year 2013 Assessed Value $31,541 Land Value $7,285 Improvement Value $24,256 Tax Amount Change Rate Assessed CR Tax Rate