NOT LISTED FOR SALE

1208 20th Ave SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $329,000

1 Acre
$329,000 Price per Acre
43,560 Sq Ft Lot

Last Sold December 11, 2023

Current estimated payment $1,849/month

8 Days on Market

Highlights

  • 1 Acre Lot
  • Views
  • Level Lot
  • Maggie Cordova Elementary School Rated A-

About This Lot

As of December 2023

Very rarely do you see these luxury lots available for purchase. Off the booming street of Westside Blvd this is the new ''North ABQ Acres.'' This exceptional 1 acer lot offers incredible VIEWS that will leave you in awe. On your way to the lot you will drive by high end custom homes and at the very top of the hill is your future dream home. This lot has one of the best views in the whole city of Rio Rancho! With views of both the city and mountains in the distance. This property is a masterpiece of natural beauty. One of the fast growing parts of the ABQ Metro. You have the 65 Acre Rust hospital park booming with growth. New award winning schools, shopping and Restaurants! Ready to go with all utilities on the street, even city water! Build plans available. Don't miss this opportunity!

Last Agent to Sell the Property

Christopher Venegas

Keller Williams Realty License #51271 Listed on: 10/31/2023

Keller Williams Realty

Last Buyer's Agent

Marisa Chavez

Nino Trujillo & Company, Inc. License #51745

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,298

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Cleared Lot

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 23
  • Assessor Parcel Number 1010067421200

Property Details

Property Type

Land

Est. Annual Taxes

$1,298

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Going north on unser turn left on westside blvd. Turn left on 20th.
  • Lot Size Acres: 1.0
  • Road Surface Type: Graded
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cleared, Views
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1010067421200
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1297.8
  • Tax Block: 23
  • Tax Lot: 7
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Greg And Cheryl Jorgensen Revocable Trus and Jorgensen Greg
Bought by
Jorgensen Greg and Jorgensen Cheryl
Current Estimated Value
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,689,612
Outstanding Balance
$4,633,921
Interest Rate
7.02%
Mortgage Type
Construction
Estimated Equity
-$4,304,921

Purchase Details

Listed on
Oct 31, 2023
Closed on
Dec 8, 2023
Sold by
Herrera Christopher and Herrera Emily
Bought by
Greg And Cheryl Jorgensen Revocable Trust
Seller's Agent
Christopher Venegas
Keller Williams Realty
Buyer's Agent
Marisa Chavez
Nino Trujillo & Company, Inc.
List Price
$310,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Dec 2, 2020
Sold by
Armstrong Shane A and Armstrong Lia P
Bought by
Herrera Christopher and Herrera Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale
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
Jorgensen Greg -- Fidelity National Title
Greg And Cheryl Jorgensen Revocable Trust -- Fidelity National Title
Greg And Cheryl Jorgensen Revocable Trust -- Fidelity National Title
Herrera Christopher $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Greg $4,689,612
Previous Owner Herrera Christopher $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold -- -- --
11/09/2023 11/09/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $310,000 -- --
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 $1,429 $39,167 $39,167 --
2024 $1,300 $39,167 $39,167 --
2023 $1,300 $39,167 $39,167 $0
2022 $1,300 $39,167 $39,167 $0
2021 $1,534 $39,167 $39,167 $0
2020 $294 $7,500 $0 $0
2019 $315 $7,500 $0 $0
2018 $492 $12,342 $0 $0
2017 $310 $7,841 $0 $0
2016 $178 $4,066 $0 $0
2014 $168 $4,066 $0 $0
2013 -- $6,098 $6,098 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Venegas

    Seller's Agent in 2023

    Christopher Venegas

    Keller Williams Realty

    (505) 892-1000

    6 in this area

    83 Total Sales

    Christopher Venegas
    Section Image
  • Marisa Chavez

    Buyer's Agent in 2023

    Marisa Chavez

    Nino Trujillo & Company, Inc.

    (505) 916-7223

    3 in this area

    93 Total Sales

    Marisa Chavez
    Section Image
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Map

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

MLS Number: 1044041

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-067-421-200

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1208 20th Ave SE, Rio Rancho, NM

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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