NOT LISTED FOR SALE

1429 Penasco Rd NE Rio Rancho, NM 87144

North Hills Neighborhood

Estimated Value: $274,000 - $300,000

3 Beds
2 Baths
1,255 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 23, 2022

Current estimated payment $2,070/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Attic
  • 2 Car Attached Garage
  • Colinas del Norte Elementary School Rated A-
  • Private Yard
  • 4-minute walk to Sierra Norte II Park

About This Home

As of June 2022

This Rio Rancho home is in the path of progress! Be sure to take the Virtual Tour. The home is clean, well kept and well maintained in a quiet neighborhood away from all the city noise. The home boasts an open floorplan with 3 bedrooms. One of the bedrooms is separated from the other two and makes a great work from home space. The back yard is a clean slate and ready for your creative ideas. The walls are all raised with a large side gate for easy back yard access. Don't be deceived by the square footage as the floorplan is laid out well utilizing the space very efficiently.

Last Agent to Sell the Property

Joshua Christensen

Realty One of New Mexico License #20522 Listed on: 05/12/2022

Realty One of New Mexico

Last Buyer's Agent

Frederick Kieckhefer

EXP Realty LLC License #53442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Private Entrance
  • Landscaped
  • Private Yard

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,255 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Fire and Smoke Detector
  • Dryer
  • Attic

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Sierra Norte Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011071203256

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,617

Year Built

Built in 2003

Lot Details

0

HOA Fees

$316 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North on Unser from Northern to Pine - West on Pine to Penasco - Turn Right on Penasco and follow to the house on left.
  • Year Built: 2003
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road
  • Subdivision Name: Sierra Norte
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
  • Interior Amenities: Attic, Breakfast Bar, Dual Sinks, Entrance Foyer, High Speed Internet, Main Level Master, Tub Shower, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1255.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, 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: 315.96
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1011071203256
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1617.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 22, 2022
Sold by
Adams Sandra P
Bought by
Givens Shauna and Wyler Julian A
Seller's Agent
Joshua Christensen
Realty One of New Mexico
Buyer's Agent
Frederick Kieckhefer
EXP Realty LLC
List Price
$255,000
Current Estimated Value
$284,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$223,850
Outstanding Balance
$213,050
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$78,497

Purchase Details

Closed on
Apr 16, 2021
Sold by
Adams Sandra P and Adams Cannon
Bought by
Adams Sandra P and Adams Cannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2021
Sold by
Ordonez Hilario
Bought by
Adams Sandra P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2020
Sold by
Sanchez Michael A and Sanchez Kathleen E
Bought by
Vazquez David and Vazquez Oscar R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Apr 1, 2016
Sold by
Mclaughlin Cheryl L
Bought by
Ordonez Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,902
Interest Rate
3.61%
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
Givens Shauna -- None Listed On Document
Adams Sandra P -- Fidelity National Title
Adams Sandra P -- Fidelity National Ttl Ins Co
Adams Sandra P -- Fidelity National Title
Vazquez David $32,000 None Available
Ordonez Hilario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Givens Shauna $223,850
Previous Owner Adams Sandra P $180,500
Previous Owner Adams Sandra P $180,500
Previous Owner Vazquez David $32,000
Previous Owner Ordonez Hilario $137,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold -- -- --
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $255,000 0.0% $203 / Sq Ft
12/10/2018 12/10/18 Rented $1,095 -4.8% --
11/10/2018 11/10/18 Under Contract -- -- --
11/06/2018 11/06/18 For Rent $1,150 0.0% --
06/20/2016 06/20/16 Sold -- -- -- View Prior Sale
05/10/2016 05/10/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $130,000 -- $105 / 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 $3,092 $88,366 $21,241 $67,125
2024 $3,068 $85,791 $19,833 $65,958
2023 $3,068 $83,934 $19,833 $64,101
2022 $2,233 $61,097 $16,667 $44,430
2021 $1,617 $43,800 $10,475 $33,325
2020 $1,589 $42,525 $0 $0
2019 $1,553 $41,287 $0 $0
2018 $1,418 $40,084 $0 $0
2017 $1,359 $38,917 $0 $0
2016 $1,285 $32,838 $0 $0
2014 $1,242 $32,838 $0 $0
2013 -- $32,838 $7,868 $24,970
Source: Public Records

Agents Affiliated with this Home

  • Joshua Christensen

    Seller's Agent in 2022

    Joshua Christensen

    Realty One of New Mexico

    (505) 250-1944

    1 in this area

    30 Total Sales

    Joshua Christensen
    Section Image

  • F

    Buyer's Agent in 2022

    Frederick Kieckhefer

    EXP Realty LLC

    (502) 640-2862

    1 in this area

    18 Total Sales

    Frederick Kieckhefer
    Section Image
  • Deanna Dopslaf

    Buyer Co-Listing Agent in 2022

    Deanna Dopslaf

    EXP Realty LLC

    (505) 307-1129

    2 in this area

    267 Total Sales

    Deanna Dopslaf
    Section Image
  • Michael Schlichte

    Seller's Agent in 2018

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    6 in this area

    201 Total Sales

    Michael Schlichte
    Section Image
  • Ray & Kathi Pirolo

    Seller's Agent in 2016

    Ray & Kathi Pirolo

    CENTURY 21 Camco Realty

    (505) 480-7002

    1 in this area

    98 Total Sales

    Ray & Kathi Pirolo
    Section Image

  • K

    Seller Co-Listing Agent in 2016

    Kathleen Pirolo

    CENTURY 21 Camco Realty

See All Agents

Map

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

MLS Number: 1014543

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-071-203-256

New Mexico Sandoval County Rio Rancho 87144 North Hills

1429 Penasco Rd NE, 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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