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551 Hermit Falls Dr; Rio Rancho, NM Property Details

551 Hermit Falls Dr, Rio Rancho, NM is a Single Family that was built in 1994. This property is not for sale. Our records show that 551 Hermit Falls Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,486 square feet. The lot size of 551 Hermit Falls Dr is 5,968 square feet.

Off market
551 Hermit Falls Dr SE Rio Rancho, NM 87124
$59,558 Estimated Value
3 Beds
2 Baths
1,486 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1994
  • Purchase Price: $219,550
  • Open Loans / Balance: 2 / $228,339
  • Est. Equity / %: $103,661 / 31.22%
  • Gross Yield: 6.86%
  • APN: R027763
  • Situs County: Sandoval
  • Length Of Ownership: 19 years, 1 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,486/SqFt
  • Lot: 5,968/SqFt
  • Gross: 1,486/SqFt
  • Living: 1,486/SqFt
  • Building: 1,486/SqFt
  • Price Per Square Foot: $147.75

Legal Description

  • Description: LEGAL: SUBD: HIGH RESORT VILLAGE 2 BLOCK: 5 LOT: 13
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: 35.25111 / -106.67599
  • Subdivision: High Resort Village 2
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 7243

HOA

  • H O A One: $80
  • H O A Amount: $80
  • H O A One Frequency: Quarterly
  • H O A One Name: High Resort Village Community Associatio
  • H O A One Type: Home Owner Association
  • H O A Two Name: Estates At High Resort Homeowners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

551 Hermit Falls Dr SE has no associated ownership info
551 Hermit Falls Dr SE has no associated ownership info.

Taxes

551 Hermit Falls Dr SE has 10 associated Taxes items

551 Hermit Falls 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 $59,558. The APN we've located for 551 Hermit Falls Dr is R027763.

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Taxes
  • Assessed Value:  $59,558
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R027763
  • Assessed Land Value:  11880
  • Market Land Value:  35639
  • Tax Amount:  2146.48
  • Tax Year:  2025
  • Market Value:  178674
  • Market Year:  2025

Tax History

551 Hermit Falls Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $59,558 Land Value $11,880 Improvement Value $47,678 Tax Amount $2,146.48 Change Rate +0.030001% Assessed CR Tax Rate +0.03604%
Year 2024 Assessed Value $57,824 Land Value $11,353 Improvement Value $46,471 Tax Amount $2,083.96 Change Rate +0.015615% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $56,139 Land Value $10,802 Improvement Value $45,337 Tax Amount $2,051.92 Change Rate +0.029998% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $54,504 Land Value $10,305 Improvement Value $44,199 Tax Amount $1,992.16 Change Rate +0.019654% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $52,917 Land Value $10,305 Improvement Value $42,612 Tax Amount $1,953.76 Change Rate +0.017817% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $51,376 Land Value Improvement Value Tax Amount $1,919.56 Change Rate +0.023012% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $49,880 Land Value Improvement Value Tax Amount $1,876.38 Change Rate +0.052408% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $50,394 Land Value Improvement Value Tax Amount $1,782.94 Change Rate +0.04318% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $48,926 Land Value Improvement Value Tax Amount $1,709.14 Change Rate -0.251165% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $60,341 Land Value Improvement Value Tax Amount $2,282.4 Change Rate -0.013306% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,313.18 Change Rate +0.013486% Assessed CR Tax Rate
Year 2014 Assessed Value $60,341 Land Value Improvement Value Tax Amount $2,282.4 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $60,341 Land Value $8,742 Improvement Value $51,599 Tax Amount Change Rate Assessed CR Tax Rate