Taxes
- Assessed Value: $62,887
- Assessed Year: 2025
- Assessed County: Sandoval
- APN: R027753
- Assessed Land Value: 11885
- Market Land Value: 35654
- Tax Amount: 2200.44
- Tax Year: 2024
- Market Value: 188660
- Market Year: 2025
587 Hermit Falls Dr; Rio Rancho, NM Property Details
Off market
587 Hermit Falls Dr SE Rio Rancho, NM 87124
$62,887 Estimated Value
3 Beds
2 Baths
1,560 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1994
- Purchase Price: $143,192
- Est. Equity / %: $344,000 / 100%
- Gross Yield: 6.991%
- APN: R027753
- Situs County: Sandoval
- Length Of Ownership: 22 years, 3 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Stories: 1
Measurements
- Total: 1,560/SqFt
- Lot: 4,922/SqFt
- Gross: 1,560/SqFt
- Living: 1,560/SqFt
- Building: 1,560/SqFt
- Price Per Square Foot: $91.79
Legal Description
- Description: LEGAL: SUBD: HIGH RESORT VILLAGE 2 BLOCK: 5 LOT: 4
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: 35.25199 / -106.67675
- 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
587 Hermit Falls Dr SE has no associated ownership info
587 Hermit Falls Dr SE has no associated ownership info.
Taxes
587 Hermit Falls Dr SE has 10 associated Taxes items
587 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 $62,887. The APN we've located for 587 Hermit Falls Dr is R027753.
Unlock the full reportTax History
587 Hermit Falls Dr SE has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $62,887 | Land Value $11,885 | Improvement Value $51,002 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $61,055 | Land Value $11,358 | Improvement Value $49,697 | Tax Amount $2,200.44 | Change Rate +0.015581% | Assessed CR | Tax Rate +0.03604% |
| Year 2023 | Assessed Value $59,278 | Land Value $10,804 | Improvement Value $48,474 | Tax Amount $2,166.68 | Change Rate +0.030006% | Assessed CR | Tax Rate +0.036551% |
| Year 2022 | Assessed Value $57,551 | Land Value $10,305 | Improvement Value $47,246 | Tax Amount $2,103.56 | Change Rate +0.01968% | Assessed CR | Tax Rate +0.036551% |
| Year 2021 | Assessed Value $55,875 | Land Value $10,305 | Improvement Value $45,570 | Tax Amount $2,062.96 | Change Rate +0.017811% | Assessed CR | Tax Rate +0.036921% |
| Year 2020 | Assessed Value $54,248 | Land Value | Improvement Value | Tax Amount $2,026.86 | Change Rate +0.023016% | Assessed CR | Tax Rate +0.037363% |
| Year 2019 | Assessed Value $52,668 | Land Value | Improvement Value | Tax Amount $1,981.26 | Change Rate +0.052697% | Assessed CR | Tax Rate +0.037618% |
| Year 2018 | Assessed Value $53,196 | Land Value | Improvement Value | Tax Amount $1,882.08 | Change Rate +0.043178% | Assessed CR | Tax Rate +0.03538% |
| Year 2017 | Assessed Value $51,647 | Land Value | Improvement Value | Tax Amount $1,804.18 | Change Rate -0.122523% | Assessed CR | Tax Rate +0.034933% |
| Year 2016 | Assessed Value $54,358 | Land Value | Improvement Value | Tax Amount $2,056.1 | Change Rate -0.013302% | Assessed CR | Tax Rate +0.037825% |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $2,083.82 | Change Rate +0.013482% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $54,358 | Land Value | Improvement Value | Tax Amount $2,056.1 | Change Rate | Assessed CR | Tax Rate +0.037825% |
| Year 2013 | Assessed Value $54,358 | Land Value $8,742 | Improvement Value $45,616 | Tax Amount | Change Rate | Assessed CR | Tax Rate |