NOT LISTED FOR SALE

1308 Penasco Rd Rio Rancho, NM 87144

North Hills Neighborhood

Estimated Value: $305,000 - $324,000

3 Beds
2 Baths
1,604 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 28, 2024

Current estimated payment $1,838/month

19 Days on Market

Highlights

  • Custom Home
  • Wooded Lot
  • Private Yard
  • Colinas del Norte Elementary School Rated A-
  • Cathedral Ceiling
  • 1-minute walk to Sierra Norte II Park

About This Home

As of August 2024

Welcome to your wonderful home in Scenic Rio Rancho! This charming home offers a seamless blend of comfort and style! The spacious living area flows into the dining and kitchen spaces. The kitchen boasts a pantry, electric range, + breakfast bar area! Adjacent is a great room and dining combination with laminate flooring, a gas log fireplace, and a designer chandelier! The owner's suite features a large walk-in closet, cathedral ceilings, + private bath! There's a versatile study room that could serve as a 4th bedroom. Oversized 2 car garage. The backyard is an inviting space for gatherings or relaxing! Conveniently located near schools, parks, and shopping, this home offers the perfect balance of convenience and easy living in Rio Rancho! Ideal commute to SF or ABQ! 4K Paint Allowance!

Last Agent to Sell the Property

Cheryl Marlow

Keller Williams Realty License #12368 Listed on: 07/10/2024

Keller Williams Realty

Last Buyer's Agent

Roberta Robledo

Re/Max Exclusive License #20742

Re/Max Exclusive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 2003

Lot Details

  • 7,840 Sq Ft Lot
  • Property fronts a state road
  • Southwest Facing Home
  • Xeriscape Landscape
  • Partial Sprinkler System
  • Wooded Lot
  • Private Yard
  • Lawn

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Patio

Schools

  • Colinas Del Norte Elementary School
  • Eagle Ridge Middle School
  • V. Sue Cleveland High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Built by West Brook Homes
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number R094831

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 2003

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Unser and Northern, Go north to Pine Rd. Turn left and go thru next intersection to Penasco Rd. (Right across From Park), Turn right into subdivision and the property is the 3rd home on the Right. (First Single Story)
  • Year Built: 2003
  • Lot Size Acres: 0.18
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceiling(s), Dual Sinks, Kitchen Island, Main Level Primary, Pantry, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1604.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped, Planned Unit Development, Sprinklers Partial, Trees, Xeriscape
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: West Brook Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 14.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Colinas Del Norte
  • High School: V. Sue Cleveland
  • Middle Or Junior School: Eagle Ridge

Green Features

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.0
  • Parcel #: R094831
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1787.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 28, 2024
Sold by
Burt David F and Lee Anne
Bought by
Papison Helinka
Seller's Agent
Cheryl Marlow
Keller Williams Realty
Buyer's Agent
Roberta Robledo
Re/Max Exclusive
List Price
$325,000
Views
25
Current Estimated Value
$318,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$245,000
Outstanding Balance
$242,399
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$75,766

Purchase Details

Closed on
May 18, 2023
Sold by
Davis Leeanne N
Bought by
Burt Lee Anne and Burt David F

Purchase Details

Listed on
May 7, 2014
Closed on
Nov 10, 2014
Sold by
Lauxmann Timothy George and Estate Of Donald Lauxmann
Bought by
Davis Harden M and Davis Leeanne N
Seller's Agent
Stephen Herkenhoff
Coldwell Banker Legacy
Buyer's Agent
Carolyn Ward
Chocolate Properties, LLC
List Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$90,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2014
Closed on
Oct 31, 2014
Sold by
Lauxmann Timothy George and Mcintyre Mary Dowdy
Bought by
Lauxmann Timothy George and Estate Of Donald Lauxmann
Seller's Agent
Stephen Herkenhoff
Coldwell Banker Legacy
Buyer's Agent
Carolyn Ward
Chocolate Properties, LLC
List Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Papison Helinka -- Fidelity National Title
Burt Lee Anne -- None Listed On Document
Davis Harden M -- Stewart Title
Lauxmann Timothy George -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papison Helinka $245,000
Previous Owner Davis Harden M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2024 08/28/24 Sold -- -- --
07/30/2024 07/30/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $315,000 -3.1% $196 / Sq Ft
07/10/2024 07/10/24 For Sale $325,000 +116.8% $203 / Sq Ft
11/12/2014 11/12/14 Sold -- -- -- View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $149,900 -- $93 / 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
2025 $1,817 $101,590 $21,333 $80,257
2024 $1,787 $52,427 $10,822 $41,605
2023 $1,787 $50,901 $10,527 $40,374
2022 $1,733 $49,419 $10,206 $39,213
2021 $1,718 $47,979 $9,872 $38,107
2020 $1,666 $46,582 $0 $0
2019 $1,626 $45,225 $0 $0
2018 $1,483 $43,908 $0 $0
2017 $1,419 $42,629 $0 $0
2016 $1,663 $44,497 $0 $0
2014 $1,521 $40,222 $0 $0
2013 -- $40,222 $7,081 $33,141
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Marlow

    Seller's Agent in 2024

    Cheryl Marlow

    Keller Williams Realty

    (505) 264-1528

    2 in this area

    187 Total Sales

    Cheryl Marlow
    Section Image

  • R

    Buyer's Agent in 2024

    Roberta Robledo

    RE/MAX

    (505) 261-6417

    1 in this area

    81 Total Sales

    Roberta Robledo
    Section Image

  • S

    Seller's Agent in 2014

    Stephen Herkenhoff

    Coldwell Banker Legacy

  • Carolyn Ward

    Buyer's Agent in 2014

    Carolyn Ward

    Chocolate Properties, LLC

    (505) 331-9049

    10 Total Sales

    Carolyn Ward
    Section Image
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Map

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

MLS Number: 1066599

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-071-292-182

New Mexico Sandoval County Rio Rancho 87144 North Hills

1308 Penasco Rd, 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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