Google street view image for 1940 Lee Loop NE, Rio Rancho, NM 87144

Off Market Sep 2018 for $70K

$304,391

Est. refi paymentEst. refi $448/mo

•

2 ba

•

1,248

sq ft

1940 Lee Loop NE, Rio Rancho, NM 87144

About this home

1940 Lee Loop NE is a 1,248 square foot house on a 7,187 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on September 12, 2018 for $70,000. Based on Redfin's Rio Rancho data, we estimate the home's value is $304,391.

Single-familyProperty Type

1991Year Built

7,187 sq ftLot Size

$244Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$304,391

$234K since sold in September 2018$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.7% higher than the average sale price ($285K) of 6 comparable homes.

SOLD JUL 13, 2026
$260,000
A
3 beds2 baths1,085 sq ft
1800 Ira Dr NE, Rio Rancho, NM 87144
SOLD MAY 8, 2026
$285,000
B
3 beds2 baths1,200 sq ft
1633 Twinberry Dr NE, Rio Rancho, NM 87144
SOLD JUN 22, 2026
$299,000
C
3 beds2 baths1,109 sq ft
1728 Jeffrey Rd NE, Rio Rancho, NM 87144
SOLD AUG 20, 2026
$280,000
D
3 beds2 baths1,450 sq ft
1624 Twinberry Dr NE, Rio Rancho, NM 87144
SOLD AUG 21, 2026
$281,900
E
3 beds2 baths1,013 sq ft
1613 Patti Pl NE, Rio Rancho, NM 87144
SOLD JUN 12, 2026
$305,000
F
3 beds2 baths1,145 sq ft
1358 Golden Eye Loop NE, Rio Rancho, NM 87144

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Earn from this home

Sell

$237,834

Est. take-home

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Refinance

Est. cash available

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Rent

$1,719/mo

Redfin rental estimate

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Market trends in 87144, NM

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.1%

0.0% MoM

Median sale price

$415K

$10K MoM

Avg. days on market

49d

0 days MoM

Recently sold homes

305

10 MoM

New listings for sale

NEW 2 HRS AGO
$315,000
2 beds2 baths1,229 sq ft
4076 Montreal Loop NE, Rio Rancho, NM 87144
NEW 6 HRS AGO
$399,900
4 beds2.5 baths1,734 sq ft
7007 Wrangell Loop NE, Rio Rancho, NM 87144
$415,000
4 beds2 baths1,929 sq ft
6517 Sandia Vista Pl NE, Rio Rancho, NM 87144
NEW 7 HRS AGO
$350,000
3 beds2 baths1,516 sq ft
937 Northern Blvd NE, Rio Rancho, NM 87124
NEW 12 HRS AGO
$335,000
4 beds2 baths1,818 sq ft
3470 Hunters Meadows Cir NE, Rio Rancho, NM 87144
OPEN SAT, 12PM TO 3PM
$445,000
3 beds2 baths2,157 sq ft
6231 Bryce Canyon Ln NE, Rio Rancho, NM 87144
NEW 22 HRS AGO
$346,000
3 beds2 baths1,642 sq ft
608 Soothing Meadows Dr NE, Rio Rancho, NM 87144
NEW 27 HRS AGO
$329,500
3 beds2.5 baths1,524 sq ft
1833 Strawberry Dr NE, Rio Rancho, NM 87144
$849,000
4 beds2.5 baths2,424 sq ft
5900 Lilac Pl NE, Rio Rancho, NM 87144
OPEN SUN, 9AM TO 1PM
$315,000
3 beds2 baths1,400 sq ft
3812 Clear Creek Rd NE, Rio Rancho, NM 87144
See all

Provided by Redfin

Sale history for 1940 Lee Loop NE

Year

Property tax

Land + Additions

Assessment*

2025

$1,952 (−0.3%)

$10,865 + $45,074

$55,939

2024

$1,957 (+2.6%)

$10,865 + $45,074

$55,939

2023

$1,907 (+1.9%)

$10,595 + $43,715

$54,310

2022

$1,871 (+2.0%)

$10,150 + $41,043

$51,193

2021

$1,835 (+7.5%)

$10,150 + $41,043

$51,193

2020

$1,707 (+7.5%)

$10,000 + $39,702

$49,702

2019

$1,588 (+89.2%)

$7,467 + $34,753

$42,220

2018

$839 (+1.3%)

$7,467 + $34,753

$42,220

2017

$829 (−10.7%)

$4,740 + $20,987

$25,727

2016

$928 (+2.1%)

$4,740 + $20,987

$25,727

2015

$909 (+1.3%)

$4,083 + $21,644

$25,727

2014

$897

$5,000 + $20,727

$25,727

Tax history for 1940 Lee Loop NE

Year

Property tax

Land + Additions

Assessment*

2025

$1,952 (−0.3%)

$10,865 + $45,074

$55,939

2024

$1,957 (+2.6%)

$10,865 + $45,074

$55,939

2023

$1,907 (+1.9%)

$10,595 + $43,715

$54,310

2022

$1,871 (+2.0%)

$10,150 + $41,043

$51,193

2021

$1,835 (+7.5%)

$10,150 + $41,043

$51,193

2020

$1,707 (+7.5%)

$10,000 + $39,702

$49,702

2019

$1,588 (+89.2%)

$7,467 + $34,753

$42,220

2018

$839 (+1.3%)

$7,467 + $34,753

$42,220

2017

$829 (−10.7%)

$4,740 + $20,987

$25,727

2016

$928 (+2.1%)

$4,740 + $20,987

$25,727

2015

$909 (+1.3%)

$4,083 + $21,644

$25,727

2014

$897

$5,000 + $20,727

$25,727

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Special Use District

This zoning district is suitable for property which is special because of its potential effect on surrounding property, or for other reasons in which the appropriateness is partially or entirely dependent on the character of the site.

Permitted uses

Include but are not limited to:

Commercial & retail
Housing-Single unit
Housing-Multiple units

Property details

Interior

Bathroom Information
# of Full Baths: 2

Exterior

Exterior Information
Roof Shape Type: Pitched

Property Information
Subdivision Name: NORTH HILLS 5
Living Sq. Ft: 1,248
Building Sq. Ft: 1,248
Legal Description: LEGAL: SUBD: NORTH HILLS 5 BLOCK: 1 LOT: 61

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,187
Legal Lot Number: 61
Legal Block Number: 1
Municipality Name: RIO RANCHO 94I - RIO RANCHO(IN
Acres: 0.165
County Use Description: RESIDENTIAL IMPROVEMENT

Financial

Assessor Information
Assessment Year: 2025
Tax Area: RIO RANCHO 94I - RIO RANCHO(IN

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,248
Stories: —
Lot Size: 7,187 square feet
Style: Single Family Residential
Year Built: 1991
Year Renovated: 2018
County: Sandoval County
APN: R046447

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Colinas Del Norte Elementary School

Public K-5 • Assigned • 1.0mi

2/10

Eagle Ridge Middle School

Public 6-8 • Assigned • 2.0mi

7/10

V Sue Cleveland High School

Public 9-12 • Assigned • 4.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 94° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Rio Rancho, NM • 87144

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.8 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.

11.8 hrs

7.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$290,000 – $351,000

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Nearby similar homes

NEW 5 HRS AGO

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NEW CONSTRUCTION

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SHORT SALE3D WALKTHROUGH

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NEW CONSTRUCTION

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Listing provided by Zillow

NEW CONSTRUCTION3D WALKTHROUGH

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New listings for sale in 87144

NEW 2 HRS AGO

$315,000

2 beds2 baths1,229 sq ft

4076 Montreal Loop NE, Rio Rancho, NM 87144

NEW 6 HRS AGO

$399,900

4 beds2.5 baths1,734 sq ft

7007 Wrangell Loop NE, Rio Rancho, NM 87144

$415,000

4 beds2 baths1,929 sq ft

6517 Sandia Vista Pl NE, Rio Rancho, NM 87144

NEW 7 HRS AGO3D WALKTHROUGH

$350,000

3 beds2 baths1,516 sq ft

937 Northern Blvd NE, Rio Rancho, NM 87124

NEW 12 HRS AGO3D WALKTHROUGH

$335,000

4 beds2 baths1,818 sq ft

3470 Hunters Meadows Cir NE, Rio Rancho, NM 87144

OPEN SAT, 12PM TO 3PM3D WALKTHROUGH

$445,000

3 beds2 baths2,157 sq ft

6231 Bryce Canyon Ln NE, Rio Rancho, NM 87144

NEW 22 HRS AGO

$346,000

3 beds2 baths1,642 sq ft

608 Soothing Meadows Dr NE, Rio Rancho, NM 87144

NEW 27 HRS AGO3D WALKTHROUGH

$329,500

3 beds2.5 baths1,524 sq ft

1833 Strawberry Dr NE, Rio Rancho, NM 87144

$849,000

4 beds2.5 baths2,424 sq ft

5900 Lilac Pl NE, Rio Rancho, NM 87144

Home values near 1940 Lee Loop NE

Data from public records.

Address	Redfin Estimate
1960 Lee Loop Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1162 Sq. Ft.	$291,567
1973 Lee Loop Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1100 Sq. Ft.	$254,634

Address	Redfin Estimate
1956 Lee Loop Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1097 Sq. Ft.	$294,497
1932 Lee Loop Northeast, Rio Rancho, NM 2 Beds \| 1 Baths \| 808 Sq. Ft.	$243,601

Address	Redfin Estimate
1944 Lee Loop Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1162 Sq. Ft.	$285,569
1917 Lee Loop Northeast, Rio Rancho, NM 2 Beds \| 2 Baths \| 1008 Sq. Ft.	$288,866

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 87144, NM

Sale history for 1940 Lee Loop NE

Tax history for 1940 Lee Loop NE

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 87144

Home values near 1940 Lee Loop NE

More real estate resources