NOT LISTED FOR SALE

1123 Northern Lights Way NE Rio Rancho, NM 87144

Estimated Value: $308,000 - $457,000

3 Beds
2.5 Baths
1,612 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 07, 2024

Current estimated payment $2,120/month

8 Days on Market

Highlights

  • Custom Home
  • Country Kitchen
  • Refrigerated Cooling System
  • Colinas del Norte Elementary School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of August 2024

Motivated Seller!Step inside discovering a thoughtfully designed layout maximizing space and natural light. Open-concept kitchen featuring modern appliances, sleek countertops, and plenty of cabinet storage, perfect for preparing gourmet meals or casual dining with loved ones.The spacious living area is ideal for relaxation and entertainment, boasting a cozy atmosphere complemented by tasteful finishes and neutral tones throughout. Large windows provide scenic views of the surrounding landscape, enhancing the home's peaceful ambiance.Three generously sized bedrooms offer privacy and comfort, each equipped with ample closet space and plush carpeting. The primary suite includes a private ensuite bathroom, complete with a huge walk-in closet.

Last Agent to Sell the Property

Deborah Redford

Coldwell Banker Legacy License #51782 Listed on: 06/28/2024

Coldwell Banker Legacy

Last Buyer's Agent

Richard Johnson

High Desert Realty License #REC20220442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 2012

Lot Details

  • 5,663 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,612 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Country Kitchen
  • Breakfast Bar
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Private Water Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment
  • Xeriscape Landscape

Outdoor Features

  • Patio

Schools

  • Colinas Del Norte Elementary School
  • Rio Rancho Mid High Middle School
  • V. Sue Cleveland High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • Association fees include common areas
  • Cielo Norte Association
  • Built by DR Horton

Listing and Financial Details

  • Assessor Parcel Number R154336

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 2012

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North on Unser from Northern, West on Cherry, North on Meadows, East on 27th, South on Northern Lights Ways NE. Property is located on the North side of the street.
  • Listing Contract Date: 2024-06-20
  • Year Built: 2012
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Family/Dining Room, Country Kitchen, Living/Dining Room, Pantry, Tub Shower, Water Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1612.0
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fence, Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Shingle
  • Fencing: Back Yard, Wall
  • Lot Features: Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: DR Horton
  • Construction Type: Stucco
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Storage

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 88.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Cielo Norte Association
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Colinas Del Norte
  • High School: V. Sue Cleveland
  • Middle Or Junior School: Rio Rancho Mid High

Green Features

  • Green Power: None
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: R154336
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1969.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 5, 2024
Sold by
Chavez Kathleen Ann and Valdez Paul K
Bought by
Molina-Lopez Ines and Lopez Serafin
Seller's Agent
Deborah Redford
Coldwell Banker Legacy
Buyer's Agent
Richard Johnson
High Desert Realty
List Price
$325,000
Views
11
Current Estimated Value
$356,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$308,750
Outstanding Balance
$305,805
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$50,372

Purchase Details

Listed on
Sep 28, 2012
Closed on
Mar 28, 2013
Sold by
Dr Horton Inc
Bought by
Chavez Kathleen A
Seller's Agent
Jackie Lucero
D.R. Horton, Inc.
Buyer's Agent
Jackie Lucero
D.R. Horton, Inc.
List Price
$159,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$153,100
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Molina-Lopez Ines -- Old Republic National Title In
Chavez Kathleen A $154,631 Fidelity Nat L Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina-Lopez Ines $308,750
Previous Owner Chavez Kathleen A $153,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold -- -- --
07/06/2024 07/06/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $325,000 +103.8% $202 / Sq Ft
03/28/2013 03/28/13 Sold -- -- --
03/02/2013 03/02/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $159,445 -- $103 / Sq Ft
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
2024 $1,969 $57,560 $11,487 $46,073
2023 $1,969 $55,883 $11,178 $44,705
2022 $1,910 $54,256 $10,723 $43,533
2021 $1,952 $54,256 $10,872 $43,384
2020 $1,893 $52,676 $0 $0
2019 $1,849 $51,142 $0 $0
2018 $1,686 $49,653 $0 $0
2017 $1,614 $48,207 $0 $0
2016 $1,753 $46,803 $0 $0
2014 $1,695 $46,803 $0 $0
2013 -- $49,228 $10,600 $38,628
Source: Public Records

Agents Affiliated with this Home

  • Deborah Redford

    Seller's Agent in 2024

    Deborah Redford

    Coldwell Banker Legacy

    (505) 328-3423

    36 Total Sales

    Section Image

  • R

    Buyer's Agent in 2024

    Richard Johnson

    High Desert Realty

    (505) 321-2975

    57 Total Sales

    Section Image

  • J

    Seller's Agent in 2013

    Jackie Lucero

    D.R. Horton, Inc.

    Section Image
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Map

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

MLS Number: 1065917

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-072-380-485

New Mexico Sandoval County Rio Rancho 87144

1123 Northern Lights Way NE, Rio Rancho, NM

This home is located at 1123 Northern Lights Way NE, Rio Rancho, NM 87144 since 28 June 2024 and is currently estimated at $356,177, approximately $220 per square foot. This property was built in 2012. 1123 Northern Lights Way NE is a home located in Sandoval County with nearby schools including Colinas del Norte Elementary School, Eagle Ridge Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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