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602 Palmas Altas Dr; Rio Rancho, NM Property Details

602 Palmas Altas Dr, Rio Rancho, NM is a Single Family that was built in 1976. This property is currently Financed and is not for sale. Our records show that 602 Palmas Altas Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,220 square feet. The lot size of 602 Palmas Altas Dr is 10,890 square feet.

Off market
602 Palmas Altas Dr SE Rio Rancho, NM 87124
$125,000 Listing Price
3 Beds
2 Baths
1,220 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1976
  • Purchase Price: $60,600
  • Open Loans / Balance: 2 / $227,734
  • Est. Equity / %: $85,266 / 27.24%
  • Gross Yield: 8.281%
  • APN: R075193
  • Situs County: Sandoval

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,220/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,220/SqFt
  • Living: 1,220/SqFt
  • Building: 1,220/SqFt
  • Price Per Square Foot: $49.67

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 13 LOT: 38
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: 35.246803 / -106.63876
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1325

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

602 Palmas Altas Dr SE has no associated ownership info
602 Palmas Altas Dr SE has no associated ownership info.

Taxes

602 Palmas Altas Dr SE has 10 associated Taxes items

602 Palmas Altas Dr, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $79,419. The APN we've located for 602 Palmas Altas Dr is R075193.

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Taxes
  • Assessed Value:  $79,419
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R075193
  • Assessed Land Value:  19044
  • Market Land Value:  57133
  • Tax Amount:  2778.92
  • Tax Year:  2025
  • Market Value:  238259
  • Market Year:  2026

Tax History

602 Palmas Altas Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $79,419 Land Value $19,044 Improvement Value $60,375 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,778.92 Change Rate +0.029993% Assessed CR Tax Rate
Year 2024 Assessed Value $74,861 Land Value $11,515 Improvement Value $63,346 Tax Amount $2,698 Change Rate +0.015599% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $72,681 Land Value $8,917 Improvement Value $63,764 Tax Amount $2,656.56 Change Rate +0.029994% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $70,564 Land Value $7,333 Improvement Value $63,231 Tax Amount $2,579.2 Change Rate +0.661941% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $42,034 Land Value $7,333 Improvement Value $34,701 Tax Amount $1,551.92 Change Rate +0.017799% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $40,810 Land Value Improvement Value Tax Amount $1,524.78 Change Rate +0.023026% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $39,621 Land Value Improvement Value Tax Amount $1,490.46 Change Rate +0.095153% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $38,467 Land Value Improvement Value Tax Amount $1,360.96 Change Rate +0.043169% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $37,347 Land Value Improvement Value Tax Amount $1,304.64 Change Rate -0.055498% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $37,347 Land Value Improvement Value Tax Amount $1,381.3 Change Rate +0.149474% Assessed CR Tax Rate +0.036986%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,201.68 Change Rate -0.130037% Assessed CR Tax Rate
Year 2014 Assessed Value $36,518 Land Value Improvement Value Tax Amount $1,381.3 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $35,898 Land Value $7,285 Improvement Value $28,613 Tax Amount Change Rate Assessed CR Tax Rate