NOT LISTED FOR SALE

1516 Desert Paintbrush Loop Rio Rancho, NM 87144

Northern Meadows Neighborhood

Estimated Value: $359,000 - $374,000

4 Beds
2.5 Baths
2,710 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 18, 2020

Current estimated payment $2,653/month

4 Days on Market

Highlights

  • Private Yard
  • Multiple Living Areas
  • 2 Car Attached Garage
  • Cielo Azul Elementary School Rated A-
  • Home Office
  • Double Pane Windows

About This Home

As of December 2020

Wow one of the best values in Rio Rancho $101/ft! This home is one of the newest homes in Northern Meadows, built in 2016. Yes it has refrigerated AC and an oversized garage(28 ft deep) and a garden-like backyard but did you know the home has an abundance of living space including a loft and a living room that could easily be converted into a private office for those working for home or anyone who could use the extra space.The kitchen boasts granite and stainless steel appliances and an island with room for bar stools. Call your agent now as homes in Northern Meadows are selling quick.

Last Agent to Sell the Property

Sandia Homes Team

Keller Williams Realty Listed on: 11/04/2020

Keller Williams Realty

Last Buyer's Agent

Trey Morelock

Realty One of New Mexico License #52349

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 2016

Lot Details

  • 5,227 Sq Ft Lot
  • South Facing Home
  • Private Yard

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,710 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Insulated Windows
  • Multiple Living Areas
  • Home Office
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, road maintenance
  • Built by Dr. Horton

Listing and Financial Details

  • Assessor Parcel Number 1010074348214

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,511

Year Built

Built in 2016

Lot Details

0

HOA Fees

$480 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Unser to King, West to Whippet, North to Camino de Montoyas. west to Desert Paintbrush
  • Listing Contract Date: 2020-10-31
  • Year Built: 2016
  • Lot Size Acres: 0.12
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Dual Sinks, Home Office, Kitchen Island, Multiple Living Areas, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2710.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • 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: 480.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Road Maintenance

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 1010074348214
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2511.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 18, 2020
Sold by
Preciado Ernest and Preciado Frances B
Bought by
Bravo Cruz Jennifer and Bravo Cruz Adolfo
Seller's Agent
Sandia Homes Team
Keller Williams Realty
Buyer's Agent
Trey Morelock
Realty One of New Mexico
List Price
$275,000
Current Estimated Value
$364,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$266,950
Outstanding Balance
$237,665
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$127,002

Purchase Details

Closed on
Mar 30, 2016
Sold by
D R Horton Inc
Bought by
Preciado Ernest and Preciado Frances B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,950
Interest Rate
3.65%
Mortgage Type
VA
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
Bravo Cruz Jennifer -- Old Republic Natl Ttl Ins Co
Preciado Ernest -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravo Cruz Jennifer $266,950
Previous Owner Preciado Ernest $220,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold -- -- --
11/08/2020 11/08/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $275,000 -- $101 / 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 $2,789 $79,703 $10,956 $68,747
2024 $2,746 $77,381 $10,490 $66,891
2023 $2,746 $75,127 $10,000 $65,127
2022 $2,666 $72,939 $10,000 $62,939
2021 $2,646 $70,815 $10,000 $60,815
2020 $2,569 $68,753 $0 $0
2019 $2,511 $66,750 $0 $0
2018 $2,293 $64,806 $0 $0
2017 $2,348 $67,224 $0 $0
2016 $437 $10,000 $0 $0
2014 $372 $9,000 $0 $0
2013 -- $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sandia Homes Team

    Keller Williams Realty

    (505) 897-1100

    9 in this area

    93 Total Sales

    Sandia Homes Team
    Section Image

  • T

    Buyer's Agent in 2020

    Trey Morelock

    Realty One of New Mexico

    (505) 417-3377

    7 in this area

    115 Total Sales

    Trey Morelock
    Section Image
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Map

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

MLS Number: 980513

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-074-348-214

New Mexico Sandoval County Rio Rancho 87144 Northern Meadows

1516 Desert Paintbrush Loop, Rio Rancho, NM

This home is located at 1516 Desert Paintbrush Loop, Rio Rancho, NM 87144 since 04 November 2020 and is currently estimated at $364,667, approximately $134 per square foot. This property was built in 2016. 1516 Desert Paintbrush Loop is a home located in Sandoval County with nearby schools including Cielo Azul Elementary School, Rio Rancho Middle School, and Cleveland High School.

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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