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561 Terrace Dr; Rio Rancho, NM Property Details

561 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is currently Financed,Intra-Family and is not for sale. Our records show that 561 Terrace Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,844 square feet. The lot size of 561 Terrace Dr is 13,939 square feet.

Off market
561 Terrace Dr NE Rio Rancho, NM 87124
$56,314 Estimated Value
3 Beds
2.5 Baths
1,844 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $153,900
  • Open Loans / Balance: 2 / $267,309
  • Est. Equity / %: $78,691 / 22.74%
  • Gross Yield: 7.148%
  • APN: R119121
  • Situs County: Sandoval
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,844/SqFt
  • Lot: 13,939/SqFt
  • Gross: 1,844/SqFt
  • Living: 1,844/SqFt
  • Building: 1,844/SqFt
  • Price Per Square Foot: $83.46

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 5 LOT: 6
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: 35.269905 / -106.65192
  • Subdivision: Vista Hills West 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 4923

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

561 Terrace Dr NE has 10 associated Taxes items

561 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 $56,314. The APN we've located for 561 Terrace Dr is R119121.

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Taxes
  • Assessed Value:  $56,314
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R119121
  • Assessed Land Value:  8851
  • Market Land Value:  26552
  • Tax Amount:  1957.48
  • Tax Year:  2025
  • Market Value:  168942
  • Market Year:  2025

Tax History

561 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,314 Land Value $8,851 Improvement Value $47,463 Tax Amount $1,957.48 Change Rate +0.031143% Assessed CR Tax Rate +0.03476%
Year 2024 Assessed Value $54,674 Land Value $8,596 Improvement Value $46,078 Tax Amount $1,898.36 Change Rate +0.016753% Assessed CR Tax Rate +0.034721%
Year 2023 Assessed Value $53,082 Land Value $8,367 Improvement Value $44,715 Tax Amount $1,867.08 Change Rate +0.031194% Assessed CR Tax Rate +0.035174%
Year 2022 Assessed Value $51,536 Land Value $8,094 Improvement Value $43,442 Tax Amount $1,810.6 Change Rate +0.020908% Assessed CR Tax Rate +0.035133%
Year 2021 Assessed Value $50,035 Land Value $8,094 Improvement Value $41,941 Tax Amount $1,773.52 Change Rate +0.019089% Assessed CR Tax Rate +0.035446%
Year 2020 Assessed Value $48,578 Land Value Improvement Value Tax Amount $1,740.3 Change Rate +0.024345% Assessed CR Tax Rate +0.035825%
Year 2019 Assessed Value $47,163 Land Value Improvement Value Tax Amount $1,698.94 Change Rate +0.078541% Assessed CR Tax Rate +0.036023%
Year 2018 Assessed Value $46,523 Land Value Improvement Value Tax Amount $1,575.22 Change Rate +0.044589% Assessed CR Tax Rate +0.033859%
Year 2017 Assessed Value $45,168 Land Value Improvement Value Tax Amount $1,507.98 Change Rate -0.017462% Assessed CR Tax Rate +0.033386%
Year 2016 Assessed Value $43,852 Land Value Improvement Value Tax Amount $1,534.78 Change Rate -0.013308% Assessed CR Tax Rate +0.034999%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,555.48 Change Rate +0.013487% Assessed CR Tax Rate
Year 2014 Assessed Value $42,576 Land Value Improvement Value Tax Amount $1,534.78 Change Rate Assessed CR Tax Rate +0.036048%
Year 2013 Assessed Value $39,336 Land Value $9,106 Improvement Value $30,230 Tax Amount Change Rate Assessed CR Tax Rate