Large Location Icon

6937 Merlot Dr; Rio Rancho, NM Property Details

6937 Merlot Dr, Rio Rancho, NM is a Single Family that was built in 2001. This property is currently New Construction and is not for sale. Our records show that 6937 Merlot Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,516 square feet. The lot size of 6937 Merlot Dr is 4,225 square feet.

Off market
6937 Merlot Dr NE Rio Rancho, NM 87144
$54,273 Estimated Value
3 Beds
2 Baths
1,516 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2001
  • Purchase Price: $125,123
  • Open Loans / Balance: 1 / $64,623
  • Est. Equity / %: $223,377 / 77.56%
  • Gross Yield: 8.183%
  • APN: R089530
  • Situs County: Sandoval
  • Length Of Ownership: 24 years, 8 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,516/SqFt
  • Lot: 4,225/SqFt
  • Gross: 1,516/SqFt
  • Living: 1,516/SqFt
  • Building: 1,516/SqFt
  • Price Per Square Foot: $82.53

Legal Description

  • Description: LEGAL: SUBD: ENCHANTED HILLS 13B BLOCK: 1 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: 35.344074 / -106.59468
  • Subdivision: Enchanted Hills 13b
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 0855

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Name: Enchanted Hills Unit 13 Landscape
  • H O A One Type: Home Owner Association
  • H O A Two Name: Enchanted Hills
  • H O A Two Type: Home Owner Association

Ownership Info

6937 Merlot Dr NE has no associated ownership info
6937 Merlot Dr NE has no associated ownership info.

Taxes

6937 Merlot Dr NE has 10 associated Taxes items

6937 Merlot 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 $54,273. The APN we've located for 6937 Merlot Dr is R089530.

Unlock the full report
Taxes
  • Assessed Value:  $54,273
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R089530
  • Assessed Land Value:  9932
  • Market Land Value:  29795
  • Tax Amount:  1899
  • Tax Year:  2024
  • Market Value:  162817
  • Market Year:  2025

Tax History

6937 Merlot Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,273 Land Value $9,932 Improvement Value $44,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $52,692 Land Value $9,585 Improvement Value $43,107 Tax Amount $1,899 Change Rate +0.015595% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $51,157 Land Value $9,445 Improvement Value $41,712 Tax Amount $1,869.84 Change Rate +0.030011% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $49,667 Land Value $9,273 Improvement Value $40,394 Tax Amount $1,815.36 Change Rate +0.019659% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $48,221 Land Value $9,022 Improvement Value $39,199 Tax Amount $1,780.36 Change Rate +0.017825% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $46,816 Land Value Improvement Value Tax Amount $1,749.18 Change Rate +0.022996% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $45,453 Land Value Improvement Value Tax Amount $1,709.86 Change Rate +0.095166% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $44,129 Land Value Improvement Value Tax Amount $1,561.28 Change Rate +0.043176% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $42,844 Land Value Improvement Value Tax Amount $1,496.66 Change Rate -0.35759% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $41,597 Land Value Improvement Value Tax Amount $2,329.76 Change Rate -0.013299% Assessed CR Tax Rate +0.056008%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,361.16 Change Rate +0.013478% Assessed CR Tax Rate
Year 2014 Assessed Value $61,593 Land Value Improvement Value Tax Amount $2,329.76 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $61,593 Land Value $9,807 Improvement Value $51,786 Tax Amount Change Rate Assessed CR Tax Rate