NOT LISTED FOR SALE

2174 Lema Rd SE Rio Rancho, NM 87124

Broadmoor Neighborhood

Estimated Value: $300,000 - $337,000

3 Beds
2 Baths
1,540 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 2174 Lema Rd SE, Rio Rancho, NM 87124 and is currently estimated at $324,697, approximately $210 per square foot. 2174 Lema Rd SE is a home located in Sandoval County with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Shelly Michael W
Bought by
Shelly Michael W and Shelly Jami L
Current Estimated Value
$321,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$55,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$266,405

Purchase Details

Closed on
Jan 5, 2013
Sold by
Castillo Julie A
Bought by
Michael Shelly W
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shelly Michael W -- None Listed On Document
Shelly Michael W -- None Listed On Document
Michael Shelly W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelly Michael W $55,000
Closed Shelly Michael W $55,000
Previous Owner Shelly Michael W $99,100
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,858 $52,362 $12,412 $39,950
2023 $1,858 $50,837 $12,065 $38,772
2022 $1,804 $49,356 $11,670 $37,686
2021 $1,790 $47,919 $11,670 $36,249
2020 $1,738 $46,523 $0 $0
2019 $1,699 $45,168 $0 $0
2018 $1,552 $43,853 $0 $0
2017 $1,776 $50,849 $0 $0
2016 $2,105 $53,802 $0 $0
2014 $2,035 $53,802 $0 $0
2013 -- $53,802 $9,106 $44,696
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87124 Broadmoor

2174 Lema Rd SE, Rio Rancho, NM

This home is located at 2174 Lema Rd SE, Rio Rancho, NM 87124 and is currently estimated at $324,697, approximately $210 per square foot. 2174 Lema Rd SE is a home located in Sandoval County with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho High School.

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