Large Location Icon

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

701 Cerro De Ortega Dr, Rio Rancho, NM is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 701 Cerro De Ortega Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,526 square feet. The lot size of 701 Cerro De Ortega Dr is 10,890 square feet.

Off market
701 Cerro De Ortega Dr SE Rio Rancho, NM 87124
$213,216 Listing Price
3 Beds
2 Baths
1,526 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $213,900
  • Open Loans / Balance: 2 / $230,371
  • Est. Equity / %: $100,629 / 30.4%
  • Gross Yield: 6.906%
  • APN: R073520
  • Situs County: Sandoval
  • Length Of Ownership: 6 years, 2 months

Rooms

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

Structure

  • Stories: 1
  • Roof Type: Flat

Measurements

  • Total: 1,526/SqFt
  • Lot: 10,890/SqFt
  • Gross: 1,526/SqFt
  • Living: 1,526/SqFt
  • Building: 1,526/SqFt
  • Price Per Square Foot: $140.17

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 2 LOT: 32
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: 35.245567 / -106.650276
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1197

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

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

Taxes

701 Cerro De Ortega Dr SE has 10 associated Taxes items

701 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 $77,431. The APN we've located for 701 Cerro De Ortega Dr is R073520.

Unlock the full report
Taxes
  • Assessed Value:  $77,431
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R073520
  • Assessed Land Value:  16373
  • Market Land Value:  49119
  • Tax Amount:  2709.36
  • Tax Year:  2025
  • Market Value:  232294
  • Market Year:  2026

Tax History

701 Cerro De Ortega Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $77,431 Land Value $16,373 Improvement Value $61,058 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,709.36 Change Rate +0.030003% Assessed CR Tax Rate
Year 2024 Assessed Value $72,987 Land Value $10,276 Improvement Value $62,711 Tax Amount $2,630.44 Change Rate +0.015583% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $70,862 Land Value $8,917 Improvement Value $61,945 Tax Amount $2,590.08 Change Rate +0.030017% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $68,797 Land Value Improvement Value Tax Amount $2,514.6 Change Rate +0.019658% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $66,794 Land Value $7,333 Improvement Value $59,461 Tax Amount $2,466.12 Change Rate +1.459381% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $26,838 Land Value Improvement Value Tax Amount $1,002.74 Change Rate +0.022974% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $26,057 Land Value Improvement Value Tax Amount $980.22 Change Rate +0.095169% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $25,298 Land Value Improvement Value Tax Amount $895.04 Change Rate +0.043146% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $24,562 Land Value Improvement Value Tax Amount $858.02 Change Rate -0.076464% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $24,562 Land Value Improvement Value Tax Amount $929.06 Change Rate -0.013297% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $941.58 Change Rate +0.013476% Assessed CR Tax Rate
Year 2014 Assessed Value $24,562 Land Value Improvement Value Tax Amount $929.06 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $23,846 Land Value $5,683 Improvement Value $18,163 Tax Amount Change Rate Assessed CR Tax Rate