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516 Terrace Dr; Rio Rancho, NM Property Details

516 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1988. This property is not for sale. Our records show that 516 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,654 square feet. The lot size of 516 Terrace Dr is 13,460 square feet.

Off market
516 Terrace Dr NE Rio Rancho, NM 87124
$80,641 Estimated Value
3 Beds
2 Baths
2,654 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Open Loans / Balance: 1 / $125,079
  • Est. Equity / %: $225,921 / 64.36%
  • Gross Yield: 5.932%
  • APN: R035694
  • Situs County: Sandoval

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 2,654/SqFt
  • Lot: 13,460/SqFt
  • Gross: 2,654/SqFt
  • Living: 2,654/SqFt
  • Building: 2,654/SqFt

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 9 LOT: 10
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: 35.267685 / -106.64945
  • Subdivision: Vista Hills West 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4915

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

516 Terrace Dr NE has no associated ownership info
516 Terrace Dr NE has no associated ownership info.

Taxes

516 Terrace Dr NE has 10 associated Taxes items

516 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 $80,641. The APN we've located for 516 Terrace Dr is R035694.

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Taxes
  • Assessed Value:  $80,641
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R035694
  • Assessed Land Value:  9185
  • Market Land Value:  27554
  • Tax Amount:  2749.56
  • Tax Year:  2024
  • Market Value:  241922
  • Market Year:  2025

Tax History

516 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,641 Land Value $9,185 Improvement Value $71,456 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $78,292 Land Value $8,782 Improvement Value $69,510 Tax Amount $2,749.56 Change Rate +0.016413% Assessed CR Tax Rate +0.035119%
Year 2023 Assessed Value $76,011 Land Value $8,441 Improvement Value $67,570 Tax Amount $2,705.16 Change Rate +0.03082% Assessed CR Tax Rate +0.035589%
Year 2022 Assessed Value $73,798 Land Value $8,094 Improvement Value $65,704 Tax Amount $2,624.28 Change Rate +0.020517% Assessed CR Tax Rate +0.03556%
Year 2021 Assessed Value $71,649 Land Value $8,094 Improvement Value $63,555 Tax Amount $2,571.52 Change Rate +0.018698% Assessed CR Tax Rate +0.035891%
Year 2020 Assessed Value $69,562 Land Value Improvement Value Tax Amount $2,524.32 Change Rate +0.023924% Assessed CR Tax Rate +0.036289%
Year 2019 Assessed Value $67,536 Land Value Improvement Value Tax Amount $2,465.34 Change Rate +0.063261% Assessed CR Tax Rate +0.036504%
Year 2018 Assessed Value $67,536 Land Value Improvement Value Tax Amount $2,318.66 Change Rate -0.116418% Assessed CR Tax Rate +0.034332%
Year 2017 Assessed Value $77,120 Land Value Improvement Value Tax Amount $2,624.16 Change Rate +1.101749% Assessed CR Tax Rate +0.034027%
Year 2016 Assessed Value $74,874 Land Value Improvement Value Tax Amount $1,248.56 Change Rate -0.013308% Assessed CR Tax Rate +0.016675%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,265.4 Change Rate +0.013488% Assessed CR Tax Rate
Year 2014 Assessed Value $35,009 Land Value Improvement Value Tax Amount $1,248.56 Change Rate Assessed CR Tax Rate +0.035664%
Year 2013 Assessed Value $31,989 Land Value $9,379 Improvement Value $22,610 Tax Amount Change Rate Assessed CR Tax Rate