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908 Somerset Meadows Dr; Rio Rancho, NM Property Details

908 Somerset Meadows Dr, Rio Rancho, NM is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 908 Somerset Meadows Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,062 square feet. The lot size of 908 Somerset Meadows Dr is 5,663 square feet.

Off market
908 Somerset Meadows Dr NE Rio Rancho, NM 87144
$148,756 Listing Price
3 Beds
2 Baths
1,062 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1998
  • Purchase Price: $224,125
  • Open Loans / Balance: 1 / $213,101
  • Est. Equity / %: $90,899 / 29.9%
  • Gross Yield: 6.726%
  • APN: R055705
  • Situs County: Sandoval
  • Length Of Ownership: 3 years, 2 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,062/SqFt
  • Lot: 5,663/SqFt
  • Gross: 1,062/SqFt
  • Living: 1,062/SqFt
  • Building: 1,062/SqFt
  • Price Per Square Foot: $211.04

Legal Description

  • Description: LEGAL: SUBD: NORTHERN MEADOWS 7 BLOCK: 3 LOT: 3
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: 35.31008 / -106.71559
  • Subdivision: Northern Meadows 7
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 7586

HOA

  • H O A One: $56
  • H O A Amount: $56
  • H O A One Frequency: Monthly
  • H O A One Name: Northern Meadows Property Owners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Associa Canyon Gate
  • H O A Two Type: Home Owner Association

Ownership Info

908 Somerset Meadows Dr NE has no associated ownership info
908 Somerset Meadows Dr NE has no associated ownership info.

Taxes

908 Somerset Meadows Dr NE has 10 associated Taxes items

908 Somerset Meadows 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 $82,064. The APN we've located for 908 Somerset Meadows Dr is R055705.

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Taxes
  • Assessed Value:  $82,064
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R055705
  • Assessed Land Value:  20639
  • Market Land Value:  61916
  • Tax Amount:  2871.44
  • Tax Year:  2024
  • Market Value:  246191
  • Market Year:  2025

Tax History

908 Somerset Meadows Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,064 Land Value $20,639 Improvement Value $61,425 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $79,674 Land Value $20,000 Improvement Value $59,674 Tax Amount $2,871.44 Change Rate +0.632428% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $48,124 Land Value $10,000 Improvement Value $38,124 Tax Amount $1,759 Change Rate +0.030004% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $46,723 Land Value $10,000 Improvement Value $36,723 Tax Amount $1,707.76 Change Rate +0.01968% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $45,362 Land Value $10,000 Improvement Value $35,362 Tax Amount $1,674.8 Change Rate +0.017806% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $44,041 Land Value Improvement Value Tax Amount $1,645.5 Change Rate +0.566695% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $27,920 Land Value Improvement Value Tax Amount $1,050.3 Change Rate +0.182397% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $27,107 Land Value Improvement Value Tax Amount $888.28 Change Rate +0.04565% Assessed CR Tax Rate +0.032769%
Year 2017 Assessed Value $26,318 Land Value Improvement Value Tax Amount $849.5 Change Rate -0.015324% Assessed CR Tax Rate +0.032278%
Year 2016 Assessed Value $25,552 Land Value Improvement Value Tax Amount $862.72 Change Rate -0.01329% Assessed CR Tax Rate +0.033763%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $874.34 Change Rate +0.013469% Assessed CR Tax Rate
Year 2014 Assessed Value $24,808 Land Value Improvement Value Tax Amount $862.72 Change Rate Assessed CR Tax Rate +0.034776%
Year 2013 Assessed Value $22,808 Land Value $5,635 Improvement Value $17,173 Tax Amount Change Rate Assessed CR Tax Rate