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548 Terrace Dr; Rio Rancho, NM Property Details

548 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is not for sale. Our records show that 548 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,416 square feet. The lot size of 548 Terrace Dr is 16,945 square feet.

Off market
548 Terrace Dr NE Rio Rancho, NM 87124
$50,666 Estimated Value
3 Beds
2 Baths
1,416 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Open Loans / Balance: 1 / $89,881
  • Est. Equity / %: $227,119 / 71.65%
  • Gross Yield: 7.041%
  • APN: R115069
  • Situs County: Sandoval

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,416/SqFt
  • Lot: 16,945/SqFt
  • Gross: 1,416/SqFt
  • Living: 1,416/SqFt
  • Building: 1,416/SqFt

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 3 LOT: 28
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: 35.269703 / -106.65056
  • Subdivision: Vista Hills West 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4969

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

548 Terrace Dr NE has 10 associated Taxes items

548 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 $50,666. The APN we've located for 548 Terrace Dr is R115069.

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Taxes
  • Assessed Value:  $50,666
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R115069
  • Assessed Land Value:  8800
  • Market Land Value:  26401
  • Tax Amount:  1700.72
  • Tax Year:  2024
  • Market Value:  151998
  • Market Year:  2025

Tax History

548 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,666 Land Value $8,800 Improvement Value $41,866 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $49,190 Land Value $8,559 Improvement Value $40,631 Tax Amount $1,700.72 Change Rate +0.016861% Assessed CR Tax Rate +0.034575%
Year 2023 Assessed Value $47,758 Land Value $8,340 Improvement Value $39,418 Tax Amount $1,672.52 Change Rate +0.031376% Assessed CR Tax Rate +0.035021%
Year 2022 Assessed Value $46,367 Land Value $8,094 Improvement Value $38,273 Tax Amount $1,621.64 Change Rate +0.021055% Assessed CR Tax Rate +0.034974%
Year 2021 Assessed Value $45,016 Land Value $8,094 Improvement Value $36,922 Tax Amount $1,588.2 Change Rate +0.01924% Assessed CR Tax Rate +0.035281%
Year 2020 Assessed Value $43,705 Land Value Improvement Value Tax Amount $1,558.22 Change Rate +0.024471% Assessed CR Tax Rate +0.035653%
Year 2019 Assessed Value $42,433 Land Value Improvement Value Tax Amount $1,521 Change Rate +0.096785% Assessed CR Tax Rate +0.035845%
Year 2018 Assessed Value $41,197 Land Value Improvement Value Tax Amount $1,386.78 Change Rate +0.044781% Assessed CR Tax Rate +0.033662%
Year 2017 Assessed Value $39,997 Land Value Improvement Value Tax Amount $1,327.34 Change Rate -0.017091% Assessed CR Tax Rate +0.033186%
Year 2016 Assessed Value $38,833 Land Value Improvement Value Tax Amount $1,350.42 Change Rate -0.013312% Assessed CR Tax Rate +0.034775%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,368.64 Change Rate +0.013492% Assessed CR Tax Rate
Year 2014 Assessed Value $37,702 Land Value Improvement Value Tax Amount $1,350.42 Change Rate Assessed CR Tax Rate +0.035818%
Year 2013 Assessed Value $34,604 Land Value $9,106 Improvement Value $25,498 Tax Amount Change Rate Assessed CR Tax Rate