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616 Tiwa Ln; Rio Rancho, NM Property Details

616 Tiwa Ln, Rio Rancho, NM is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 616 Tiwa Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,658 square feet. The lot size of 616 Tiwa Ln is 8,799 square feet.

Off market
616 Tiwa Ln NE Rio Rancho, NM 87124
$405,000 Listing Price
3 Beds
2.5 Baths
2,658 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2016
  • Purchase Price: $517,900
  • Open Loans / Balance: 1 / $365,450
  • Est. Equity / %: $143,550 / 28.2%
  • Gross Yield: 6.733%
  • APN: R153358
  • Situs County: Sandoval
  • Length Of Ownership: 5 years, 5 months

Rooms

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

Measurements

  • Total: 2,658/SqFt
  • Lot: 8,799/SqFt
  • Gross: 2,658/SqFt
  • Living: 2,658/SqFt
  • Building: 2,658/SqFt
  • Price Per Square Foot: $194.85

Legal Description

  • Description: LEGAL: S: 13 T: 12N R: 2E SUBD: OCOTILLO HILLS BLOCK: 3 LOT: 15
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: 35.268673 / -106.67892
  • Subdivision: Ocotillo Hills
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1509

HOA

  • H O A One: $27
  • H O A Two: $120
  • H O A Amount: $147
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Ocotillo Hills Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Oakmount Townhome Owners Association Inc
  • H O A Two Type: Home Owner Association

Ownership Info

616 Tiwa Ln NE has no associated ownership info
616 Tiwa Ln NE has no associated ownership info.

Taxes

616 Tiwa Ln NE has 10 associated Taxes items

616 Tiwa Ln, 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 $155,560. The APN we've located for 616 Tiwa Ln is R153358.

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Taxes
  • Assessed Value:  $155,560
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R153358
  • Assessed Land Value:  20260
  • Market Land Value:  60780
  • Tax Amount:  5226.84
  • Tax Year:  2024
  • Market Value:  466680
  • Market Year:  2025

Tax History

616 Tiwa Ln NE has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $155,560 Land Value $20,260 Improvement Value $135,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $151,029 Land Value $18,299 Improvement Value $132,730 Tax Amount $5,226.84 Change Rate -0.024749% Assessed CR Tax Rate +0.034608%
Year 2023 Assessed Value $146,630 Land Value $15,129 Improvement Value $131,501 Tax Amount $5,359.48 Change Rate +0.029996% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $142,360 Land Value $13,746 Improvement Value $128,614 Tax Amount $5,203.4 Change Rate +0.335424% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $111,534 Land Value $13,746 Improvement Value $97,788 Tax Amount $3,896.44 Change Rate +0.019551% Assessed CR Tax Rate +0.034935%
Year 2020 Assessed Value $108,286 Land Value Improvement Value Tax Amount $3,821.72 Change Rate -0.017335% Assessed CR Tax Rate +0.035293%
Year 2019 Assessed Value $109,385 Land Value Improvement Value Tax Amount $3,889.14 Change Rate Assessed CR Tax Rate +0.035555%