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581 Terrace Dr; Rio Rancho, NM Property Details

581 Terrace Dr, Rio Rancho, NM is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 581 Terrace Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,833 square feet. The lot size of 581 Terrace Dr is 16,204 square feet.

Off market
581 Terrace Dr NE Rio Rancho, NM 87124
$53,497 Estimated Value
4 Beds
2 Baths
1,833 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $260,278
  • Open Loans / Balance: 2 / $385,830
  • Est. Equity / %: $-57,830 / -17.63%
  • Gross Yield: 7.621%
  • APN: R047693
  • Situs County: Sandoval
  • Length Of Ownership: 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 1,833/SqFt
  • Lot: 16,204/SqFt
  • Gross: 1,833/SqFt
  • Living: 1,833/SqFt
  • Building: 1,833/SqFt
  • Price Per Square Foot: $142.00

Legal Description

  • Description: LEGAL: SUBD: VISTA HILLS WEST 3 BLOCK: 5 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: 35.270317 / -106.65338
  • 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

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

Taxes

581 Terrace Dr NE has 10 associated Taxes items

581 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 $53,497. The APN we've located for 581 Terrace Dr is R047693.

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Taxes
  • Assessed Value:  $53,497
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R047693
  • Assessed Land Value:  8750
  • Market Land Value:  26249
  • Tax Amount:  1655.64
  • Tax Year:  2024
  • Market Value:  160491
  • Market Year:  2025

Tax History

581 Terrace Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,497 Land Value $8,750 Improvement Value $44,747 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $51,939 Land Value $8,529 Improvement Value $43,410 Tax Amount $1,655.64 Change Rate +0.019608% Assessed CR Tax Rate +0.031877%
Year 2023 Assessed Value $50,426 Land Value $8,332 Improvement Value $42,094 Tax Amount $1,623.8 Change Rate +0.034162% Assessed CR Tax Rate +0.032202%
Year 2022 Assessed Value $48,958 Land Value $8,094 Improvement Value $40,864 Tax Amount $1,570.16 Change Rate +0.023973% Assessed CR Tax Rate +0.032072%
Year 2021 Assessed Value $47,532 Land Value $8,094 Improvement Value $39,438 Tax Amount $1,533.4 Change Rate +0.022239% Assessed CR Tax Rate +0.03226%
Year 2020 Assessed Value $46,148 Land Value Improvement Value Tax Amount $1,500.04 Change Rate +0.027622% Assessed CR Tax Rate +0.032505%
Year 2019 Assessed Value $44,804 Land Value Improvement Value Tax Amount $1,459.72 Change Rate +0.100247% Assessed CR Tax Rate +0.03258%
Year 2018 Assessed Value $43,499 Land Value Improvement Value Tax Amount $1,326.72 Change Rate +0.04821% Assessed CR Tax Rate +0.0305%
Year 2017 Assessed Value $42,232 Land Value Improvement Value Tax Amount $1,265.7 Change Rate -0.010259% Assessed CR Tax Rate +0.02997%
Year 2016 Assessed Value $41,002 Land Value Improvement Value Tax Amount $1,278.82 Change Rate -0.013302% Assessed CR Tax Rate +0.031189%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,296.06 Change Rate +0.013481% Assessed CR Tax Rate
Year 2014 Assessed Value $39,809 Land Value Improvement Value Tax Amount $1,278.82 Change Rate Assessed CR Tax Rate +0.032124%
Year 2013 Assessed Value $32,649 Land Value $9,106 Improvement Value $23,543 Tax Amount Change Rate Assessed CR Tax Rate