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703 Palmas Altas Dr; Rio Rancho, NM Property Details

703 Palmas Altas Dr, Rio Rancho, NM is a Single Family that was built in 1990. This property is currently Financed,Intra-Family and is not for sale. Our records show that 703 Palmas Altas Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,659 square feet. The lot size of 703 Palmas Altas Dr is 11,674 square feet.

Off market
703 Palmas Altas Dr SE Rio Rancho, NM 87124
$54,465 Estimated Value
3 Beds
2 Baths
1,659 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1990
  • Purchase Price: $138,600
  • Open Loans / Balance: 2 / $152,818
  • Est. Equity / %: $184,182 / 54.65%
  • Gross Yield: 7.054%
  • APN: R128894
  • Situs County: Sandoval
  • Length Of Ownership: 11 years, 1 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,659/SqFt
  • Lot: 11,674/SqFt
  • Gross: 1,659/SqFt
  • Living: 1,659/SqFt
  • Building: 1,659/SqFt
  • Price Per Square Foot: $83.54

Legal Description

  • Description: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 12 LOT: 27
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: 35.24496 / -106.63829
  • Subdivision: Corrales Heights
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1363

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

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

Taxes

703 Palmas Altas Dr SE has 10 associated Taxes items

703 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 $54,465. The APN we've located for 703 Palmas Altas Dr is R128894.

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Taxes
  • Assessed Value:  $54,465
  • Assessed Year:  2026
  • Assessed County:  Sandoval
  • APN:  R128894
  • Assessed Land Value:  10704
  • Market Land Value:  32111
  • Tax Amount:  1905.76
  • Tax Year:  2025
  • Market Value:  163395
  • Market Year:  2026

Tax History

703 Palmas Altas Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $54,465 Land Value $10,704 Improvement Value $43,761 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,905.76 Change Rate +0.030007% Assessed CR Tax Rate
Year 2024 Assessed Value $51,339 Land Value $8,031 Improvement Value $43,308 Tax Amount $1,850.24 Change Rate +0.015589% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $49,844 Land Value $7,650 Improvement Value $42,194 Tax Amount $1,821.84 Change Rate +0.03001% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $48,392 Land Value $7,311 Improvement Value $41,081 Tax Amount $1,768.76 Change Rate +0.01967% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $46,982 Land Value $7,308 Improvement Value $39,674 Tax Amount $1,734.64 Change Rate +0.017814% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $45,614 Land Value Improvement Value Tax Amount $1,704.28 Change Rate +0.023002% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $44,286 Land Value Improvement Value Tax Amount $1,665.96 Change Rate +0.095162% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $42,996 Land Value Improvement Value Tax Amount $1,521.2 Change Rate +0.043147% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $41,745 Land Value Improvement Value Tax Amount $1,458.28 Change Rate -0.076453% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $41,745 Land Value Improvement Value Tax Amount $1,579 Change Rate -0.01331% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,600.3 Change Rate +0.01349% Assessed CR Tax Rate
Year 2014 Assessed Value $41,745 Land Value Improvement Value Tax Amount $1,579 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $40,528 Land Value $7,285 Improvement Value $33,243 Tax Amount Change Rate Assessed CR Tax Rate