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941 Somerset Meadows Dr; Rio Rancho, NM Property Details

941 Somerset Meadows Dr, Rio Rancho, NM is a Single Family that was built in 1999. This property is currently Financed,New Construction and is not for sale. Our records show that 941 Somerset Meadows Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,579 square feet. The lot size of 941 Somerset Meadows Dr is 7,187 square feet.

Off market
941 Somerset Meadows Dr NE Rio Rancho, NM 87144
$38,415 Estimated Value
3 Beds
2 Baths
1,579 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $105,966
  • Open Loans / Balance: 2 / $80,815
  • Est. Equity / %: $223,185 / 73.42%
  • Gross Yield: 6.588%
  • APN: R056511
  • Situs County: Sandoval
  • Length Of Ownership: 26 years, 1 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,579/SqFt
  • Lot: 7,187/SqFt
  • Gross: 1,579/SqFt
  • Living: 1,579/SqFt
  • Building: 1,579/SqFt
  • Price Per Square Foot: $67.11

Legal Description

  • Description: LEGAL: SUBD: NORTHERN MEADOWS 7 BLOCK: 1 LOT: 4
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: 35.31054 / -106.714165
  • Subdivision: Northern Meadows 7
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 7585

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: Nationstar Mortgage Llc
  • H O A Two Type: Home Owner Association

Ownership Info

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

Taxes

941 Somerset Meadows Dr NE has 10 associated Taxes items

941 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 $38,415. The APN we've located for 941 Somerset Meadows Dr is R056511.

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Taxes
  • Assessed Value:  $38,415
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R056511
  • Assessed Land Value:  7914
  • Market Land Value:  23743
  • Tax Amount:  1127.96
  • Tax Year:  2024
  • Market Value:  115246
  • Market Year:  2025

Tax History

941 Somerset Meadows Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,415 Land Value $7,914 Improvement Value $30,501 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $37,297 Land Value $7,675 Improvement Value $29,622 Tax Amount $1,127.96 Change Rate +0.021481% Assessed CR Tax Rate +0.030243%
Year 2023 Assessed Value $36,211 Land Value $7,443 Improvement Value $28,768 Tax Amount $1,104.24 Change Rate +0.036183% Assessed CR Tax Rate +0.030495%
Year 2022 Assessed Value $35,156 Land Value $7,387 Improvement Value $27,769 Tax Amount $1,065.68 Change Rate +0.025995% Assessed CR Tax Rate +0.030313%
Year 2021 Assessed Value $34,132 Land Value $7,298 Improvement Value $26,834 Tax Amount $1,038.68 Change Rate +0.02438% Assessed CR Tax Rate +0.030431%
Year 2020 Assessed Value $33,138 Land Value Improvement Value Tax Amount $1,013.96 Change Rate +0.02984% Assessed CR Tax Rate +0.030598%
Year 2019 Assessed Value $32,173 Land Value Improvement Value Tax Amount $984.58 Change Rate +0.102751% Assessed CR Tax Rate +0.030603%
Year 2018 Assessed Value $31,236 Land Value Improvement Value Tax Amount $892.84 Change Rate +0.050672% Assessed CR Tax Rate +0.028584%
Year 2017 Assessed Value $30,326 Land Value Improvement Value Tax Amount $849.78 Change Rate -0.005314% Assessed CR Tax Rate +0.028021%
Year 2016 Assessed Value $29,444 Land Value Improvement Value Tax Amount $854.32 Change Rate -0.013305% Assessed CR Tax Rate +0.029015%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $865.84 Change Rate +0.013484% Assessed CR Tax Rate
Year 2014 Assessed Value $28,586 Land Value Improvement Value Tax Amount $854.32 Change Rate Assessed CR Tax Rate +0.029886%
Year 2013 Assessed Value $22,586 Land Value $6,057 Improvement Value $16,529 Tax Amount Change Rate Assessed CR Tax Rate