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525 Terrace Dr; Rio Rancho, NM Property Details

525 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is currently Financed,Intra-Family and is not for sale. Our records show that 525 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,396 square feet. The lot size of 525 Terrace Dr is 14,854 square feet.

Off market
525 Terrace Dr NE Rio Rancho, NM 87124
$72,666 Estimated Value
3 Beds
2 Baths
2,396 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $67,408
  • Est. Equity / %: $267,592 / 79.88%
  • Gross Yield: 5.903%
  • APN: R109826
  • Situs County: Sandoval
  • Length Of Ownership: 9 years, 9 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 2,396/SqFt
  • Lot: 14,854/SqFt
  • Gross: 2,396/SqFt
  • Living: 2,396/SqFt
  • Building: 2,396/SqFt
  • Price Per Square Foot: $83.47

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 5 LOT: 15
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: 35.268078 / -106.6504
  • Subdivision: Vista Hills West 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4917

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

525 Terrace Dr NE has 10 associated Taxes items

525 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 $72,666. The APN we've located for 525 Terrace Dr is R109826.

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Taxes
  • Assessed Value:  $72,666
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R109826
  • Assessed Land Value:  9058
  • Market Land Value:  27175
  • Tax Amount:  2470.56
  • Tax Year:  2024
  • Market Value:  218000
  • Market Year:  2025

Tax History

525 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,666 Land Value $9,058 Improvement Value $63,608 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $70,550 Land Value $8,761 Improvement Value $61,789 Tax Amount $2,470.56 Change Rate +0.016507% Assessed CR Tax Rate +0.035019%
Year 2023 Assessed Value $68,495 Land Value $8,432 Improvement Value $60,063 Tax Amount $2,430.44 Change Rate +0.030913% Assessed CR Tax Rate +0.035483%
Year 2022 Assessed Value $66,501 Land Value $8,094 Improvement Value $58,407 Tax Amount $2,357.56 Change Rate +0.020624% Assessed CR Tax Rate +0.035451%
Year 2021 Assessed Value $64,564 Land Value $8,094 Improvement Value $56,470 Tax Amount $2,309.92 Change Rate +0.01878% Assessed CR Tax Rate +0.035777%
Year 2020 Assessed Value $62,684 Land Value Improvement Value Tax Amount $2,267.34 Change Rate +0.024037% Assessed CR Tax Rate +0.036171%
Year 2019 Assessed Value $60,858 Land Value Improvement Value Tax Amount $2,214.12 Change Rate +0.096262% Assessed CR Tax Rate +0.036382%
Year 2018 Assessed Value $59,086 Land Value Improvement Value Tax Amount $2,019.7 Change Rate +0.04428% Assessed CR Tax Rate +0.034182%
Year 2017 Assessed Value $57,365 Land Value Improvement Value Tax Amount $1,934.06 Change Rate -0.018074% Assessed CR Tax Rate +0.033715%
Year 2016 Assessed Value $55,694 Land Value Improvement Value Tax Amount $1,969.66 Change Rate -0.013305% Assessed CR Tax Rate +0.035366%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,996.22 Change Rate +0.013485% Assessed CR Tax Rate
Year 2014 Assessed Value $54,073 Land Value Improvement Value Tax Amount $1,969.66 Change Rate Assessed CR Tax Rate +0.036426%
Year 2013 Assessed Value $34,675 Land Value $9,106 Improvement Value $25,569 Tax Amount Change Rate Assessed CR Tax Rate