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553 Terrace Dr; Rio Rancho, NM Property Details

553 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is not for sale. Our records show that 553 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,484 square feet. The lot size of 553 Terrace Dr is 13,068 square feet.

Off market
553 Terrace Dr NE Rio Rancho, NM 87124
$51,811 Estimated Value
3 Beds
2 Baths
1,484 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Est. Equity / %: $327,000 / 100%
  • Gross Yield: 6.774%
  • APN: R044902
  • Situs County: Sandoval

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,484/SqFt
  • Lot: 13,068/SqFt
  • Gross: 1,484/SqFt
  • Living: 1,484/SqFt
  • Building: 1,484/SqFt

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 5 LOT: 8
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: 35.269634 / -106.65138
  • Subdivision: Vista Hills West 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4970

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

553 Terrace Dr NE has 10 associated Taxes items

553 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 $51,811. The APN we've located for 553 Terrace Dr is R044902.

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Taxes
  • Assessed Value:  $51,811
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R044902
  • Assessed Land Value:  8975
  • Market Land Value:  26925
  • Tax Amount:  1812.88
  • Tax Year:  2024
  • Market Value:  155434
  • Market Year:  2025

Tax History

553 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $51,811 Land Value $8,975 Improvement Value $42,836 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $50,302 Land Value $8,665 Improvement Value $41,637 Tax Amount $1,812.88 Change Rate +0.015574% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $48,838 Land Value $8,394 Improvement Value $40,444 Tax Amount $1,785.08 Change Rate +0.030004% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $47,415 Land Value $8,094 Improvement Value $39,321 Tax Amount $1,733.08 Change Rate +0.019675% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $46,034 Land Value $8,094 Improvement Value $37,940 Tax Amount $1,699.64 Change Rate +0.017834% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $44,693 Land Value Improvement Value Tax Amount $1,669.86 Change Rate +0.022998% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $43,392 Land Value Improvement Value Tax Amount $1,632.32 Change Rate +0.095164% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $42,128 Land Value Improvement Value Tax Amount $1,490.48 Change Rate +0.043169% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $40,901 Land Value Improvement Value Tax Amount $1,428.8 Change Rate -0.020229% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $39,710 Land Value Improvement Value Tax Amount $1,458.3 Change Rate -0.013302% Assessed CR Tax Rate +0.036724%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,477.96 Change Rate +0.013481% Assessed CR Tax Rate
Year 2014 Assessed Value $38,554 Land Value Improvement Value Tax Amount $1,458.3 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $37,431 Land Value $9,106 Improvement Value $28,325 Tax Amount Change Rate Assessed CR Tax Rate