NOT LISTED FOR SALE

705 Cerro de Ortega Dr SE Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $348,000 - $362,000

4 Beds
2 Baths
2,300 Sq Ft
$154/Sq Ft Est. Value

About This Home

This home is located at 705 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 and is currently estimated at $353,238, approximately $153 per square foot. 705 Cerro de Ortega Dr SE is a home located in Sandoval County with nearby schools including Rio Rancho Elementary School, Rio Rancho Middle School, and Rio Rancho High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2016
Sold by
Chappeli Elizabeth
Bought by
Rodriguez Nancy
Current Estimated Value
$353,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,835
Outstanding Balance
$131,768
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$221,470
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
Rodriguez Nancy -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Nancy $164,835
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
2025 $2,486 $71,035 $9,510 $61,525
2024 $2,447 $68,966 $8,639 $60,327
2023 $2,447 $66,957 $7,886 $59,071
2022 $2,376 $65,007 $7,333 $57,674
2021 $2,358 $63,114 $7,333 $55,781
2020 $2,289 $61,276 $0 $0
2019 $2,242 $59,607 $0 $0
2018 $2,109 $59,607 $0 $0
2017 $2,082 $59,607 $0 $0
2016 $1,517 $40,771 $0 $0
2014 $1,467 $40,771 $0 $0
2013 -- $37,584 $7,285 $30,299
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87124 Corrales Heights

705 Cerro de Ortega Dr SE, Rio Rancho, NM

This home is located at 705 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 and is currently estimated at $353,238, approximately $153 per square foot. 705 Cerro de Ortega Dr SE is a home located in Sandoval County with nearby schools including Rio Rancho Elementary School, Rio Rancho Middle School, and Rio Rancho High School.

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