NOT LISTED FOR SALE

425 2nd St SW Rio Rancho, NM 87124

Estimated Value: $281,000 - $365,000

3 Beds
2 Baths
1,330 Sq Ft
$239/Sq Ft Est. Value

About This Home

This home is located at 425 2nd St SW, Rio Rancho, NM 87124 and is currently estimated at $318,430, approximately $239 per square foot. 425 2nd St SW is a home located in Sandoval County with nearby schools including Puesta del Sol Elementary School, Eagle Ridge Middle School, and Rio Rancho High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2019
Sold by
Springer Ellam
Bought by
Springer Stephanie
Current Estimated Value
$318,430

Purchase Details

Closed on
Aug 17, 1999
Sold by
Seller Of Record
Bought by
Springer Phillip D and Springer Ella M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,750
Outstanding Balance
$60,915
Interest Rate
7.71%
Mortgage Type
New Conventional
Estimated Equity
$270,325
Source: Public Records

Range of Values:

Collateral Analytics

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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
Springer Stephanie -- None Available
Springer Phillip D $137,987 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Springer Phillip D $22,900
Open Springer Phillip D $103,750
Closed Springer Phillip D $103,750
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 $1,383 $41,043 $7,844 $33,199
2023 $1,383 $39,848 $7,638 $32,210
2022 $1,341 $38,688 $7,381 $31,307
2021 $1,329 $37,562 $7,328 $30,234
2020 $1,288 $36,467 $0 $0
2019 $1,257 $35,405 $0 $0
2018 $1,182 $35,405 $0 $0
2017 $1,331 $40,091 $0 $0
2016 $1,445 $38,924 $0 $0
2014 $1,397 $38,924 $0 $0
2013 -- $36,924 $7,504 $29,420
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87124

425 2nd St SW, Rio Rancho, NM

This home is located at 425 2nd St SW, Rio Rancho, NM 87124 and is currently estimated at $318,430, approximately $239 per square foot. 425 2nd St SW is a home located in Sandoval County with nearby schools including Puesta del Sol Elementary School, Eagle Ridge Middle School, and Rio Rancho High School.

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