NOT LISTED FOR SALE

2945 Lerma Rd NE Rio Rancho, NM 87144

Tampico Neighborhood

Estimated Value: $477,000 - $559,000

3 Beds
2 Baths
2,070 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 2945 Lerma Rd NE, Rio Rancho, NM 87144 and is currently estimated at $526,969, approximately $254 per square foot. 2945 Lerma Rd NE is a home located in Sandoval County with nearby schools including Enchanted Hills Elementary School, Mountain View Middle School, and Cleveland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2020
Sold by
Santese Grant and Santese Victoria
Bought by
Cordova Vincent J and Cordova Samantha N
Current Estimated Value
$526,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Outstanding Balance
$261,440
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$272,233

Purchase Details

Closed on
Feb 26, 2019
Sold by
Elan Homes Inc
Bought by
Santese Grant and Santese Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2016
Sold by
Garcia Lupe M
Bought by
Elan Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2016
Sold by
Vasa Interests Llc
Bought by
Garcia Lupe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 24, 2016
Sold by
Vasa Interests Llc
Bought by
Garcia Lupe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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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
Cordova Vincent J -- Fidelity National Ttl Ins Co
Santese Grant -- Fidelity Natl Title Ins Co
Elan Homes Inc -- Fidelity Natl Title Ins Co
Garcia Lupe M -- Fidelity Natl Title Ins Co
Garcia Lupe M $33,000 Ort
Garcia Lupe M -- Ort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Vincent J $294,566
Previous Owner Santese Grant $265,109
Previous Owner Elan Homes Inc $210,000
Previous Owner Elan Homes Inc $120,000
Previous Owner Garcia Lupe M $28,000
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 $4,801 $135,289 $16,667 $118,622
2023 $4,801 $131,348 $16,667 $114,681
2022 $4,661 $127,523 $16,667 $110,856
2021 $4,523 $121,058 $16,667 $104,391
2020 $3,414 $91,385 $0 $0
2019 $3,282 $87,234 $0 $0
2018 $3,146 $88,914 $0 $0
2017 $3,226 $92,341 $0 $0
2016 $63 $1,440 $0 $0
2014 $60 $1,440 $0 $0
2013 -- $1,440 $1,440 $0
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87144 Tampico

2945 Lerma Rd NE, Rio Rancho, NM

This home is located at 2945 Lerma Rd NE, Rio Rancho, NM 87144 and is currently estimated at $526,969, approximately $254 per square foot. 2945 Lerma Rd NE is a home located in Sandoval County with nearby schools including Enchanted Hills Elementary School, Mountain View Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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