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5398 Blue Grama Dr; Rio Rancho, NM Property Details

5398 Blue Grama Dr, Rio Rancho, NM is a Single Family that was built in 2023. This property is not for sale. Our records show that 5398 Blue Grama Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 2,813 square feet. The lot size of 5398 Blue Grama Dr is 6,438 square feet.

Off market
5398 Blue Grama Dr NE Rio Rancho, NM 87144
$577,462 Listing Price
4 Beds
3.5 Baths
2,813 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2023
  • Open Loans / Balance: 1 / $828,078
  • Est. Equity / %: $-242,078 / -41.31%
  • Gross Yield: 8.171%
  • APN: R186763
  • Situs County: Sandoval

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Measurements

  • Total: 2,813/SqFt
  • Lot: 6,438/SqFt
  • Gross: 2,813/SqFt
  • Living: 2,813/SqFt
  • Building: 2,813/SqFt

Legal Description

  • Description: LEGAL: S: 12 T: 13N R: 2E SUBD: THE M BLOCK: 2 LOT: 1
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: 35.36352 / -106.68588
  • Subdivision: The M
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 5007

HOA

  • H O A One: $179
  • H O A Amount: $179
  • H O A One Frequency: Monthly
  • H O A One Name: Mariposa Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

5398 Blue Grama Dr NE has no associated ownership info
5398 Blue Grama Dr NE has no associated ownership info.

Taxes

5398 Blue Grama Dr NE has 10 associated Taxes items

5398 Blue Grama 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 $181,839. The APN we've located for 5398 Blue Grama Dr is R186763.

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Taxes
  • Assessed Value:  $181,839
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R186763
  • Assessed Land Value:  25333
  • Market Land Value:  76000
  • Tax Amount:  6375.56
  • Tax Year:  2024
  • Market Value:  545517
  • Market Year:  2025

Tax History

5398 Blue Grama Dr NE has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $181,839 Land Value $25,333 Improvement Value $156,506 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,375.56 Change Rate +3.98917% Assessed CR Tax Rate
Year 2023 Assessed Value $17,333 Land Value $17,333 Improvement Value Tax Amount $1,277.88 Change Rate Assessed CR Tax Rate +0.073725%
Year 2022 Assessed Value $17,333 Land Value $17,333 Improvement Value Tax Amount $1,277.88 Change Rate +0.864756% Assessed CR Tax Rate +0.073725%
Year 2021 Assessed Value $3,156 Land Value $3,156 Improvement Value Tax Amount $685.28 Change Rate Assessed CR Tax Rate +0.217136%