NOT LISTED FOR SALE

940 16th St SW Unit 8 Rio Rancho, NM 87124

Estimated Value: $182,000

3 Beds
2 Baths
1,200 Sq Ft
$152/Sq Ft Est. Value

About This Home

This home is located at 940 16th St SW Unit 8, Rio Rancho, NM 87124 and is currently priced at $182,000, approximately $151 per square foot. 940 16th St SW Unit 8 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
Aug 22, 2019
Sold by
Maez Polly M
Bought by
Ramirez Arnulfo and Ramirez Seberiana Nieves
Current Estimated Value
$182,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 21, 2019
Sold by
Maez Polly M
Bought by
Ramirez Arnulfo and Ramirez Seberiana Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
May 3, 2002
Sold by
Ken Williams Enterprises Inc
Bought by
Maez Polly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
7.11%
Mortgage Type
New Conventional
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
Ramirez Arnulfo -- None Available
Ramirez Arnulfo $35,000 Stewart Title
Maez Polly M $70,224 Rio Grande Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Arnulfo $15,000
Previous Owner Maez Polly M $52,800
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 $548 $21,307 $9,864 $11,443
2024 $536 $20,686 $9,549 $11,137
2023 $536 $20,084 $9,266 $10,818
2022 $520 $19,499 $9,000 $10,499
2021 $515 $19,161 $9,000 $10,161
2020 $541 $19,957 $0 $0
2019 $464 $16,986 $0 $0
2018 $424 $16,916 $0 $0
2017 $417 $16,423 $0 $0
2016 $487 $16,423 $0 $0
2014 $470 $16,423 $0 $0
2013 -- $16,423 $7,285 $9,138
Source: Public Records

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