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537 Terrace Dr; Rio Rancho, NM Property Details

537 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 537 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,421 square feet. The lot size of 537 Terrace Dr is 13,460 square feet.

Off market
537 Terrace Dr NE Rio Rancho, NM 87124
$48,453 Estimated Value
3 Beds
2 Baths
1,421 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $127,000
  • Est. Equity / %: $311,000 / 100%
  • Gross Yield: 6.949%
  • APN: R033849
  • Situs County: Sandoval
  • Length Of Ownership: 10 years, 3 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,421/SqFt
  • Lot: 13,460/SqFt
  • Gross: 1,421/SqFt
  • Living: 1,421/SqFt
  • Building: 1,421/SqFt
  • Price Per Square Foot: $89.37

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 5 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: 35.26877 / -106.650764
  • 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

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

Taxes

537 Terrace Dr NE has 10 associated Taxes items

537 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 $48,453. The APN we've located for 537 Terrace Dr is R033849.

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Taxes
  • Assessed Value:  $48,453
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R033849
  • Assessed Land Value:  8976
  • Market Land Value:  26927
  • Tax Amount:  1623.28
  • Tax Year:  2024
  • Market Value:  145357
  • Market Year:  2025

Tax History

537 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,453 Land Value $8,976 Improvement Value $39,477 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $47,041 Land Value $8,697 Improvement Value $38,344 Tax Amount $1,623.28 Change Rate +0.016965% Assessed CR Tax Rate +0.034508%
Year 2023 Assessed Value $45,671 Land Value $8,413 Improvement Value $37,258 Tax Amount $1,596.2 Change Rate +0.031403% Assessed CR Tax Rate +0.03495%
Year 2022 Assessed Value $44,341 Land Value $8,094 Improvement Value $36,247 Tax Amount $1,547.6 Change Rate +0.021114% Assessed CR Tax Rate +0.034902%
Year 2021 Assessed Value $43,050 Land Value $8,094 Improvement Value $34,956 Tax Amount $1,515.6 Change Rate +0.019302% Assessed CR Tax Rate +0.035206%
Year 2020 Assessed Value $41,796 Land Value Improvement Value Tax Amount $1,486.9 Change Rate +0.024558% Assessed CR Tax Rate +0.035575%
Year 2019 Assessed Value $40,579 Land Value Improvement Value Tax Amount $1,451.26 Change Rate +0.096863% Assessed CR Tax Rate +0.035764%
Year 2018 Assessed Value $39,397 Land Value Improvement Value Tax Amount $1,323.1 Change Rate -0.009789% Assessed CR Tax Rate +0.033584%
Year 2017 Assessed Value $38,250 Land Value Improvement Value Tax Amount $1,336.18 Change Rate -0.053147% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $38,427 Land Value Improvement Value Tax Amount $1,411.18 Change Rate -0.013299% Assessed CR Tax Rate +0.036724%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,430.2 Change Rate +0.013478% Assessed CR Tax Rate
Year 2014 Assessed Value $37,308 Land Value Improvement Value Tax Amount $1,411.18 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $36,222 Land Value $9,241 Improvement Value $26,981 Tax Amount Change Rate Assessed CR Tax Rate