551 Hermit Falls Dr SE Rio Rancho, NM 87124
Estimated Value: $302,000 - $344,000
3
Beds
2
Baths
1,452
Sq Ft
$223/Sq Ft
Est. Value
About This Home
This home is located at 551 Hermit Falls Dr SE, Rio Rancho, NM 87124 and is currently estimated at $324,290, approximately $223 per square foot. 551 Hermit Falls Dr 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
Mar 19, 2025
Sold by
Duran Tommy A and Duran Harriet A
Bought by
Duran Trust and Duran
Current Estimated Value
Purchase Details
Closed on
Jun 12, 2007
Sold by
David Zimmerman and David Carolyn
Bought by
Duran Tommy A and Duran Harriet A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Duran Trust | -- | None Listed On Document | |
Duran Tommy A | $219,550 | Stewart Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Duran Tommy A | $158,000 | |
Closed | Duran Tommy A | $165,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,052 | $57,824 | $11,353 | $46,471 |
2023 | $2,052 | $56,139 | $10,802 | $45,337 |
2022 | $1,992 | $54,504 | $10,305 | $44,199 |
2021 | $1,977 | $52,917 | $10,305 | $42,612 |
2020 | $1,920 | $51,376 | $0 | $0 |
2019 | $1,876 | $49,880 | $0 | $0 |
2018 | $1,783 | $50,394 | $0 | $0 |
2017 | $1,709 | $48,926 | $0 | $0 |
2016 | $2,361 | $60,341 | $0 | $0 |
2014 | $2,282 | $60,341 | $0 | $0 |
2013 | -- | $60,341 | $8,742 | $51,599 |
Source: Public Records
Map
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