NOT LISTED FOR SALE

1350 Vargas Rd SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $440,000 - $566,403

4 Beds
2.5 Baths
2,450 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 02, 2018

Current estimated payment $2,872/month

79 Days on Market

Highlights

  • 1.1 Acre Lot
  • Deck
  • Great Room
  • Maggie Cordova Elementary School Rated A-
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of February 2018

This 4 Bed, 3 Bath, Custom home is Perfect if you like ROOM! The open floor plan, 4-Car-Garage home is on just over an Acre of land with VIEWS and privacy, and still, you are close to main roads, schools, and shopping! Must See For Yourself to get the full effect! Property sold as is. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees.

Last Agent to Sell the Property

Jesus Esparza

Asset Solutions Realty License #16156 Listed on: 10/02/2017

Last Buyer's Agent

Debby Quint

Berkshire Hathaway Home Svc NM License #32177

Berkshire Hathaway Home Svc NM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1999

Lot Details

  • 1.1 Acre Lot
  • Dirt Road
  • North Facing Home
  • Back Yard Fenced
  • Landscaped

Parking

  • 4 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,450 Sq Ft Home
  • Property has 1 Level
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Great Room
  • Tile Flooring
  • Propane Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Evaporated cooling system
  • Pellet Stove burns compressed wood to generate heat
  • Radiant Heating System
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1010067507362

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,733

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Heading south on Unser Blvd NE toward Pine Rd NE, turn right onto Westside Blvd, turn right onto 19th St SE, turn left onto Vargas Rd SE, Home will be on the left
  • Year Built: 1999
  • Lot Size Acres: 1.1
  • Road Surface Type: Dirt
  • Subdivision Name: Rio Rancho Estates
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher
  • Interior Amenities: Great Room, Kitchen Island, Main Level Master, Pantry, Skylights, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2450.0
  • Window Features: Thermal Windows, Skylight(s)

Exterior Features

  • Exterior Features: Deck, Fence, Private Yard
  • Roof: Composition, Pitched
  • Fencing: Back Yard
  • Lot Features: Landscaped
  • Pool Private: No
  • Builder Name: Unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: North
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Radiant
  • Water Source: Well
  • Laundry Features: Propane Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 1010067507362
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2733.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jan 29, 2018
Sold by
Secretary Of Veterans Affiars
Bought by
Backus Joseph L and Backus Nancy D
Seller's Agent
Jesus Esparza
Asset Solutions Realty
Buyer's Agent
Debby Quint
Berkshire Hathaway Home Svc NM
List Price
$230,750
Current Estimated Value
$483,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$194,040
Outstanding Balance
$164,128
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$319,723

Purchase Details

Closed on
Aug 2, 2017
Sold by
Plaza Home Mortgage Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 21, 2015
Sold by
Gibson Donald R and Gibson Terri L
Bought by
Hare Thomas E
Seller's Agent
Alene Eichorn-Joyner
Re/Max Alliance, REALTORS
Buyer's Agent
Mindy Prokos
La Puerta Real Estate Serv LLC
List Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$239,500
Interest Rate
3.96%
Mortgage Type
VA
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
Backus Joseph L -- Old Republic Title Co
Secretary Of Veterans Affairs -- Old Republic Title Company
Hare Thomas E -- Fidelity Natl Title Nm Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backus Joseph L $194,040
Previous Owner Hare Thomas E $239,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2018 02/02/18 Sold -- -- --
12/20/2017 12/20/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $230,750 -3.5% $94 / Sq Ft
10/21/2015 10/21/15 Sold -- -- -- View Prior Sale
09/02/2015 09/02/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $239,000 -- $98 / 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 $3,921 $114,133 $17,781 $96,352
2024 $3,859 $110,809 $15,588 $95,221
2023 $3,859 $107,581 $15,588 $91,993
2022 $3,745 $104,448 $15,588 $88,860
2021 $3,714 $101,406 $15,588 $85,818
2020 $3,604 $98,453 $0 $0
2019 $3,628 $98,453 $0 $0
2018 $3,089 $87,321 $0 $0
2017 $2,515 $74,006 $0 $0
2016 $2,733 $71,850 $0 $0
2014 $2,165 $59,250 $0 $0
2013 -- $57,250 $12,020 $45,230
Source: Public Records

Agents Affiliated with this Home

  • Jesus Esparza

    Seller's Agent in 2018

    Jesus Esparza

    Asset Solutions Realty

    (505) 896-3694

    53 Total Sales

    Jesus Esparza
    Section Image

  • D

    Buyer's Agent in 2018

    Debby Quint

    Berkshire Hathaway Home Svc NM

    Section Image
  • Mindy Prokos

    Buyer's Agent in 2015

    Mindy Prokos

    La Puerta Real Estate Serv LLC

    (505) 400-6488

    51 Total Sales

    Mindy Prokos
    Section Image
  • Jennise Phillips

    Buyer Co-Listing Agent in 2015

    Jennise Phillips

    La Puerta Real Estate Serv LLC

    (505) 331-2288

    96 Total Sales

    Jennise Phillips
    Section Image
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Map

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

MLS Number: 903012

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-067-507-362

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1350 Vargas Rd 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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