NOT LISTED FOR SALE

1508 11th St SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $424,000

1 Acre
$424,000 Price per Acre
43,560 Sq Ft Lot

Last Sold December 01, 2021

Current estimated payment $2,271/month

18 Days on Market

Highlights

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

About This Lot

As of December 2021

This home is located at 1508 11th St SE, Rio Rancho, NM 87124 since 17 September 2021 and is currently estimated at $424,000. 1508 11th St SE is a home located in Sandoval County with nearby schools including Maggie Cordova Elementary School, Lincoln Middle School, and Rio Rancho High School.

Last Agent to Sell the Property

David Duerksen

Simply Real Estate License #48601 Listed on: 09/17/2021

Simply Real Estate

Co-Listed By

Colleen Weidner

Simply Real Estate

Last Buyer's Agent

Colleen Weidner

Simply Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $409

Lot Details

  • 1 Acre Lot
  • Level Lot

Schools

  • Maggie Cordova Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

  • Water Available
  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 16
  • Assessor Parcel Number 1010068365052

Property Details

Property Type

Land

Est. Annual Taxes

$409

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Southern Boulevard and Unser, Travel West on Southern to 15th Street SE. Turn left onto 15th to Viga Road, make aright on Viga and a left onto 11th St. Lot is on the East side of the street, GPS coordinates 35.232954/-106.714290
  • Lot Size Acres: 1.0
  • Road Surface Type: Graded
  • Co List Office Mls Id: SIMP01
  • Co List Office Phone: (505) 308-3800
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Views
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Schools

  • Elementary School: Maggie Cordova
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential, Unimproved
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1010068365052
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 409.34
  • Tax Block: 16
  • Tax Lot: 4
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 1, 2021
Sold by
Boyette Bradley and Boyette Samantha
Bought by
Cli Properties Llc
Seller's Agent
David Duerksen
Simply Real Estate
Buyer's Agent
Colleen Weidner
Simply Real Estate
List Price
$75,000
Current Estimated Value
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.82%
Original Mortgage
$860,000
Outstanding Balance
$785,940
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
-$361,940

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 1, 2021
Sold by
Ridsdale Peter and Ridsdale Renee
Bought by
Boyette Bradley and Boyette Samantha
Seller's Agent
David Duerksen
Simply Real Estate
Buyer's Agent
Colleen Weidner
Simply Real Estate
List Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Outstanding Balance
$785,940
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
-$361,940
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Cli Properties Llc -- Fidelity National Ttl Ins Co
Boyette Bradley -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyette Bradley $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold -- -- --
10/05/2021 10/05/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $55,000 -26.7% --
09/17/2021 09/17/21 For Sale $75,000 +87.5% --
02/26/2021 02/26/21 Sold -- -- -- View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $40,000 -- --
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 $487 $25,833 $25,833 --
2024 $556 $13,333 $13,333 --
2023 $556 $13,333 $13,333 $0
2022 $763 $18,295 $18,295 $0
2021 $330 $7,986 $7,986 $0
2020 $409 $10,454 $0 $0
2019 $518 $12,342 $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 -- $18,876 $18,876 $0
Source: Public Records

Agents Affiliated with this Home

  • David Duerksen

    Seller's Agent in 2021

    David Duerksen

    Simply Real Estate

    (505) 514-9261

    3 in this area

    231 Total Sales

    David Duerksen
    Section Image

  • N

    Seller's Agent in 2021

    Nancy Yearout

    Harville Estates, LLC

    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Colleen Weidner

    Simply Real Estate

  • A

    Buyer's Agent in 2021

    Amanda Gessler

    Coldwell Banker Legacy

    (505) 761-9606

    2 in this area

    151 Total Sales

    Amanda Gessler
    Section Image
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Map

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

MLS Number: 1001314

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-068-365-052

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1508 11th St 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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