Large Location Icon

615 Cerro De Ortega Dr; Rio Rancho, NM Property Details

615 Cerro De Ortega Dr, Rio Rancho, NM is a Single Family that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 615 Cerro De Ortega Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,661 square feet. The lot size of 615 Cerro De Ortega Dr is 11,021 square feet.

Off market
615 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$148,000 Listing Price
4 Beds
2 Baths
1,661 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1973
  • Est. Equity / %: $330,000 / 100%
  • Gross Yield: 7.487%
  • APN: R183383
  • Situs County: Sandoval
  • Length Of Ownership: 10 years, 9 months

Rooms

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

Measurements

  • Total: 1,661/SqFt
  • Lot: 11,021/SqFt
  • Gross: 1,661/SqFt
  • Living: 1,661/SqFt
  • Building: 1,661/SqFt

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 2 LOT: 29A
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: 35.246277 / -106.64989
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1105

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

615 Cerro De Ortega Dr SE has no associated ownership info
615 Cerro De Ortega Dr SE has no associated ownership info.

Taxes

615 Cerro De Ortega Dr SE has 10 associated Taxes items

615 Cerro De Ortega 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 $57,931. The APN we've located for 615 Cerro De Ortega Dr is R183383.

Unlock the full report
Taxes
  • Assessed Value:  $57,931
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R183383
  • Assessed Land Value:  11819
  • Market Land Value:  35456
  • Tax Amount:  1954.92
  • Tax Year:  2025
  • Market Value:  173791
  • Market Year:  2026

Tax History

615 Cerro De Ortega Dr SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $57,931 Land Value $11,819 Improvement Value $46,112 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,954.92 Change Rate +0.031141% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $1,895.88 Change Rate +0.016754% Assessed CR Tax Rate
Year 2023 Assessed Value $53,015 Land Value $7,780 Improvement Value $45,235 Tax Amount $1,864.64 Change Rate +0.031213% Assessed CR Tax Rate +0.035172%
Year 2022 Assessed Value $51,471 Land Value $7,333 Improvement Value $44,138 Tax Amount $1,808.2 Change Rate +0.020913% Assessed CR Tax Rate +0.03513%
Year 2021 Assessed Value $49,972 Land Value $7,333 Improvement Value $42,639 Tax Amount $1,771.16 Change Rate +0.019091% Assessed CR Tax Rate +0.035443%
Year 2020 Assessed Value $48,516 Land Value Improvement Value Tax Amount $1,737.98 Change Rate +0.024342% Assessed CR Tax Rate +0.035823%
Year 2019 Assessed Value $47,103 Land Value Improvement Value Tax Amount $1,696.68 Change Rate +0.096585% Assessed CR Tax Rate +0.036021%
Year 2018 Assessed Value $45,732 Land Value Improvement Value Tax Amount $1,547.24 Change Rate +0.044614% Assessed CR Tax Rate +0.033833%
Year 2017 Assessed Value $44,400 Land Value Improvement Value Tax Amount $1,481.16 Change Rate -0.107305% Assessed CR Tax Rate +0.033359%
Year 2016 Assessed Value $44,400 Land Value Improvement Value Tax Amount $1,659.2 Change Rate +0.184466% Assessed CR Tax Rate +0.037369%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,400.8 Change Rate Assessed CR Tax Rate