NOT LISTED FOR SALE

583 Hermit Falls Dr SE Rio Rancho, NM 87124

Estimated Value: $321,000 - $346,000

3 Beds
2 Baths
1,657 Sq Ft
$201/Sq Ft Est. Value

About This Home

This home is located at 583 Hermit Falls Dr SE, Rio Rancho, NM 87124 and is currently estimated at $333,860, approximately $201 per square foot. 583 Hermit Falls Dr SE is a home 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
Nov 8, 2023
Sold by
Wells John Madison
Bought by
Wells John Madison and Wells-Harvey Della Narvell
Current Estimated Value
$333,860

Purchase Details

Closed on
Nov 3, 2023
Sold by
Wells John Madison
Bought by
Wells John Madison and Wells-Harvey Della Narvell
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

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Wells John Madison -- None Listed On Document
Wells John Madison -- None Listed On Document
Wells John Madison -- None Listed On Document
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 $2,257 $65,667 $11,517 $54,150
2023 $2,257 $63,755 $10,877 $52,878
2022 $2,189 $61,898 $10,305 $51,593
2021 $2,171 $60,095 $10,305 $49,790
2020 $2,105 $58,345 $0 $0
2019 $2,056 $56,646 $0 $0
2018 $1,875 $54,996 $0 $0
2017 $1,795 $53,394 $0 $0
2016 $2,194 $58,073 $0 $0
2014 $2,121 $58,073 $0 $0
2013 -- $56,073 $8,742 $47,331
Source: Public Records

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