NOT LISTED FOR SALE

Estimated Value: $806,000 - $948,064

1 Acre
$887,021 Price per Acre
43,560 Sq Ft Lot

Last Sold August 04, 2016

Current estimated payment $5,194/month

96 Days on Market

Highlights

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

About This Lot

As of August 2016

This Lot with amazing views of the Sandia Mountains, sunrises, sunsets and City lights, is a 5-minute walk from Presbyterian Hospital. This highly desirable area has custom homes breaking ground every month. If you want to live in the hottest part of Rio Rancho and have room to grow, this 1 acre lot is for you. All utilities readily accessible in the street are: City water, City sewer, electricity, natural gas, asphalt paving and concrete storm drainage (SAD to be paid at Closing by Owner).

Last Agent to Sell the Property

Anthony Jaramillo

Exquisite Homes Realty, LLC License #17453 Listed on: 04/02/2016

Last Buyer's Agent

Anthony Jaramillo

Exquisite Homes Realty, LLC License #17453 Listed on: 04/02/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $300

Lot Details

  • 1 Acre Lot
  • Gentle Sloping Lot

Utilities

  • Underground Utilities
  • Phone Available

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 23
  • Assessor Parcel Number 1011067047175

Property Details

Property Type

Land

Est. Annual Taxes

$300

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From McMahon and Unser, north on Unser, west on Wellspring, west on 21st Avenue, cross 15th Street to vacant lot with Exquisite Homes Realty sign
  • Lot Size Acres: 1.0
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unimproved

Exterior Features

  • Lot Features: Views, Acreage, Gentle Sloping
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Lot Info

  • Topography: Level,Sloping
  • Number of Lots: 1
  • Current Use: Unimproved
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1011067047175
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 300.0
  • Tax Block: 23
  • Tax Lot: 21
  • Tax Tract: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2017
Sold by
Homes By Kim Brooks Inc
Bought by
Sequist John W and Sequist Kimberly L
Current Estimated Value
$887,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,950
Outstanding Balance
$182,564
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$704,457

Purchase Details

Listed on
Apr 2, 2016
Closed on
Sep 21, 2016
Sold by
Sequist John and Maestas Frank M
Bought by
Homes By Kim Brooks Inc
Seller's Agent
Anthony Jaramillo
Exquisite Homes Realty, LLC
Buyer's Agent
Anthony Jaramillo
Exquisite Homes Realty, LLC
List Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.17%
Original Mortgage
$500,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 2, 2016
Closed on
Aug 4, 2016
Sold by
Jaramillo Anthony and Jaramillo Annette
Bought by
Maestas Frank M and Sequist Kimberly L
Seller's Agent
Anthony Jaramillo
Exquisite Homes Realty, LLC
Buyer's Agent
Anthony Jaramillo
Exquisite Homes Realty, LLC
List Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.45%
Mortgage Type
Construction
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
Sequist John W -- Fidelity Natl Title Ins Co
Homes By Kim Brooks Inc -- Fidelity Natl Title Ins Co
Maestas Frank M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sequist John W $347,950
Previous Owner Homes By Kim Brooks Inc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold -- -- --
07/07/2016 07/07/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $95,000 -- --
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 $6,346 $181,354 $29,179 $152,175
2024 $5,435 $176,072 $27,395 $148,677
2023 $5,435 $148,694 $27,829 $120,865
2022 $5,277 $144,363 $27,814 $116,549
2021 $5,237 $140,158 $27,784 $112,374
2020 $5,084 $136,077 $0 $0
2019 $4,970 $132,113 $0 $0
2018 $4,674 $132,113 $0 $0
2017 $1,468 $37,171 $0 $0
2016 $318 $7,260 $0 $0
2014 $300 $7,260 $0 $0
2013 -- $22,002 $22,002 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 862652

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-047-175