NOT LISTED FOR SALE

1040 Meadowlark Ct SE Unit 1 Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $287,000 - $553,771

2 Beds
1 Bath
820 Sq Ft
$567/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • Evaporated cooling system
  • Laundry closet
  • Rio Rancho Elementary School Rated A-
  • Patio
  • Tile Flooring

About This Home

As of May 2018

Two nicely remodeled Apartments on the first floor of this Fourplex. New tile floors, brand new Kitchen, new paint and more. Private Backyard. Only pay electric and gas. In the heart of Rio Rancho. Walk to stores and restaurants.

Last Agent to Rent the Property

Franz Redl

R & R Real Estate Partners LLC License #17808 Listed on: 04/24/2018

Last Renter's Agent

Franz Redl

R & R Real Estate Partners LLC License #17808 Listed on: 04/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,651

Year Built

  • 1981

Lot Details

  • 7,144

Home Design

  • Quadruplex

Interior Spaces

  • 820 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Tile Flooring

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for sewer, trash collection, water
  • 12-Month Minimum Lease Term

Community Details

Overview

Amenities

  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,651

Year Built

1981

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Internet
  • Owner Pays: Sewer, Trash Collection, Water
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Directions: North on 528 (Pat D'Arco Hwy) East on Meadowlark Ln SE North on Meadowlark Ct SE to the four plex on the right.
  • Listing Contract Date: 2018-04-23
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Year Built (Public Record): 1981

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Refrigerator, Range Hood
  • Interior Amenities: Main Level Master
  • Furnished: Unfurnished
  • Accessibility Features: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Custom, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 820.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Patio And Porch Features: Patio

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Laundry Features: Laundry Closet, Washer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio, Storage Facilities
  • Pets Allowed: Call

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Sullivan Shawn O
Bought by
Goldberg Jeremiah and Goldberg Tsadiqah Yisreal
Current Estimated Value
$464,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,200
Outstanding Balance
$371,055
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$93,535

Purchase Details

Listed on
Apr 24, 2018
Closed on
Mar 9, 2018
Sold by
Woodley Lynn A
Bought by
Sullivan Shawn O
Seller's Agent
Franz Redl
R & R Real Estate Partners LLC
Buyer's Agent
Franz Redl
R & R Real Estate Partners LLC
Source: Public Records

Range of Values:

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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
Goldberg Jeremiah -- Fidelity National Title
Goldberg Jeremiah -- Fidelity National Title
Sullivan Shawn O -- Fidelity National Title
Sullivan Shawn O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldberg Jeremiah $409,200
Closed Goldberg Jeremiah $409,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Rented $750 0.0% --
04/24/2018 04/24/18 For Rent $750 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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 $4,651 $129,056 $11,907 $117,149
2024 $4,717 $129,056 $11,907 $117,149
2023 $4,717 $129,056 $11,907 $117,149
2022 $4,580 $125,297 $11,907 $113,390
2021 $2,412 $64,564 $9,667 $54,897
2020 $2,342 $62,684 $0 $0
2019 $2,358 $72,510 $0 $0
2018 $2,266 $64,040 $0 $0
2017 $2,172 $62,175 $0 $0
2016 $2,433 $62,175 $0 $0
2014 $2,352 $62,175 $0 $0
2013 -- $62,175 $6,114 $56,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 916763

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-124-317