NOT LISTED FOR SALE

1508 Penasco Rd NE Rio Rancho, NM 87144

Estimated Value: $272,000 - $312,000

3 Beds
2.5 Baths
1,359 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 27, 2018

Current estimated payment $1,892/month

88 Days on Market

Highlights

  • Cathedral Ceiling
  • Private Yard
  • Tile Flooring
  • Colinas del Norte Elementary School Rated A-
  • Evaporated cooling system
  • Forced Air Heating System

About This Home

As of April 2018

MANY MANY UPDATES! New tile floors, new appliances, new counters, new faucets,new shower tub surrounds in both bathrooms, fresh paint, and so much more!!!! Approximately $9500 total!

Last Agent to Sell the Property

Cynthia Krupiak

5K Real Estate LLC License #12131 Listed on: 12/28/2017

Last Buyer's Agent

Tina Garcia

Realty One of New Mexico License #49942

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • South Facing Home
  • Private Yard

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,359 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Vinyl Clad Windows
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Community Details

  • Association fees include common areas
  • Built by Pulte
  • Sierra Norte Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011071279264

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 2004

Lot Details

0

HOA Fees

$144 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: East on Cherry from Unser. Left on Penasco. Left on Penasco again to address.
  • Listing Contract Date: 2017-12-28
  • Year Built: 2004
  • Lot Size Acres: 0.11
  • Subdivision Name: Sierra Norte
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Main Level Master
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1359.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Shingle
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Pulte
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 144.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 1011071279264
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1552.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2017
Closed on
Apr 27, 2018
Sold by
Martin Jerry W and Martin Anjamette L
Bought by
Gallegos John R and Gallegos Mary A
Seller's Agent
Cynthia Krupiak
5K Real Estate LLC
Buyer's Agent
Tina Garcia
Realty One of New Mexico
List Price
$162,000
Current Estimated Value
$293,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$157,052
Outstanding Balance
$138,471
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$154,862
Source: Public Records

Range of Values:

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Average Value
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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
Gallegos John R -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos John R $40,037
Open Gallegos John R $157,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold -- -- --
03/28/2018 03/28/18 Pending -- -- --
12/30/2017 12/30/17 For Sale $162,000 -- $119 / 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 $1,946 $55,614 $12,609 $43,005
2024 $1,916 $53,994 $12,211 $41,783
2023 $1,916 $52,422 $11,865 $40,557
2022 $1,860 $50,895 $11,524 $39,371
2021 $1,846 $49,413 $10,915 $38,498
2020 $1,792 $47,974 $0 $0
2019 $1,752 $46,577 $0 $0
2018 $1,430 $40,419 $0 $0
2017 $1,417 $40,575 $0 $0
2016 $1,553 $39,685 $0 $0
2014 $1,501 $39,685 $0 $0
2013 -- $39,685 $6,373 $33,312
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 908070

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-071-279-264