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945 Somerset Meadows Dr; Rio Rancho, NM Property Details

945 Somerset Meadows Dr, Rio Rancho, NM is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 945 Somerset Meadows Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,514 square feet. The lot size of 945 Somerset Meadows Dr is 7,318 square feet.

Off market
945 Somerset Meadows Dr NE Rio Rancho, NM 87144
$303,000 Listing Price
3 Beds
2 Baths
1,514 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $336,490
  • Open Loans / Balance: 1 / $251,041
  • Est. Equity / %: $46,959 / 15.76%
  • Gross Yield: 7.864%
  • APN: R056512
  • Situs County: Sandoval
  • Length Of Ownership: 8 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,514/SqFt
  • Lot: 7,318/SqFt
  • Gross: 1,514/SqFt
  • Living: 1,514/SqFt
  • Building: 1,514/SqFt
  • Price Per Square Foot: $222.25

Legal Description

  • Description: LEGAL: SUBD: NORTHERN MEADOWS 7 BLOCK: 1 LOT: 5
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: 35.310535 / -106.71396
  • 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 Two: $30
  • H O A Amount: $86
  • H O A One Frequency: Monthly
  • H O A Two 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

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

Taxes

945 Somerset Meadows Dr NE has 10 associated Taxes items

945 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 $50,898. The APN we've located for 945 Somerset Meadows Dr is R056512.

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Taxes
  • Assessed Value:  $50,898
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R056512
  • Assessed Land Value:  10612
  • Market Land Value:  31837
  • Tax Amount:  1780.96
  • Tax Year:  2024
  • Market Value:  152696
  • Market Year:  2025

Tax History

945 Somerset Meadows Dr NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,898 Land Value $10,612 Improvement Value $40,286 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $49,416 Land Value $10,293 Improvement Value $39,123 Tax Amount $1,780.96 Change Rate +0.015602% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $47,977 Land Value $10,000 Improvement Value $37,977 Tax Amount $1,753.6 Change Rate +0.029978% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $46,580 Land Value $10,000 Improvement Value $36,580 Tax Amount $1,702.56 Change Rate +0.019692% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $45,223 Land Value $10,000 Improvement Value $35,223 Tax Amount $1,669.68 Change Rate +0.017812% Assessed CR Tax Rate +0.036921%
Year 2020 Assessed Value $43,906 Land Value Improvement Value Tax Amount $1,640.46 Change Rate +0.022999% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $42,628 Land Value Improvement Value Tax Amount $1,603.58 Change Rate +0.095162% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $41,386 Land Value Improvement Value Tax Amount $1,464.24 Change Rate +0.043173% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $40,181 Land Value Improvement Value Tax Amount $1,403.64 Change Rate -0.13688% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $39,011 Land Value Improvement Value Tax Amount $1,626.24 Change Rate +0.120046% Assessed CR Tax Rate +0.041687%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,451.94 Change Rate -0.10718% Assessed CR Tax Rate
Year 2014 Assessed Value $42,994 Land Value Improvement Value Tax Amount $1,626.24 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $40,413 Land Value $6,057 Improvement Value $34,356 Tax Amount Change Rate Assessed CR Tax Rate