NOT LISTED FOR SALE

1521 Vargas Rd SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $451,000 - $575,000

4 Beds
4 Baths
2,452 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 31, 2012

Current estimated payment $3,086/month

19 Days on Market

Highlights

  • Pueblo Architecture
  • Hydromassage or Jetted Bathtub
  • Corner Lot
  • Maggie Cordova Elementary School Rated A-
  • 1 Fireplace
  • High Ceiling

About This Home

As of May 2012

Beautiful SW style home! Fab Flrplan w/open Kitch/Dining area w/bar. Hickory cabinets, gorg granite slab counters & lrg island w/vegie sink & walkin pantry. Grt room with 12' beamed ceiling & carved corbels. Plastered Kiva F/P. 20 quality tile floors in all but BR's. Tile in baths. Amazing snail type shower in MBth J-n-J bath for 2nd/3rd BR's. 2x6 constr. w/ Refrig. A/C. GREAT views of the Sandia Mts/City lights! WHAT A BUY-Check around! Bank of America or Merrill Lynch Pre-Qual Required.

Last Agent to Sell the Property

Adrian Martinez

Coldwell Banker Legacy License #16321 Listed on: 03/08/2012

Coldwell Banker Legacy

Last Buyer's Agent

Pamela Heater

Enchanted Homes Realty License #38740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • South Facing Home
  • Landscaped
  • Corner Lot
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,452 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Great Room
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • Built by Victor
  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011067074368

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern/Unser, West to 15th St, Left to Home at the Corner of Vargas
  • Year Built: 2007
  • Lot Size Acres: 0.5
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Rio Rancho Estates
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 4 - 6
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Dual Sinks, Great Room, High Ceilings, Jetted Tub, Kitchen Island, Main Level Master, Pantry, Skylights, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Kiva
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2452.0
  • Window Features: Thermal Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat, Pitched
  • Lot Features: Corner Lot, Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Builder Name: Victor
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Oversized

Utilities

  • Cooling: Central Air, Refrigerated, 2 Units
  • Heating: Central, Forced Air, Multiple Heating Units, Natural Gas
  • Water Source: Well
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011067074368
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 3564.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2012
Closed on
May 10, 2012
Sold by
Veterans Admn
Bought by
Paul Lacey and Paul Angela Lacey
Seller's Agent
Adrian Martinez
Coldwell Banker Legacy
Buyer's Agent
Pamela Heater
Enchanted Homes Realty
List Price
$239,900
Current Estimated Value
$529,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$256,500
Outstanding Balance
$177,966
Interest Rate
3.93%
Mortgage Type
VA
Estimated Equity
$351,600
Source: Public Records

Range of Values:

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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
Paul Lacey $251,370 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Lacey $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold -- -- --
03/26/2012 03/26/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $239,900 -- $98 / 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 $3,613 $103,250 $10,815 $92,435
2024 $3,557 $100,244 $10,078 $90,166
2023 $3,557 $97,324 $9,838 $87,486
2022 $3,454 $94,489 $9,591 $84,898
2021 $3,428 $91,737 $9,224 $82,513
2020 $3,328 $89,065 $0 $0
2019 $3,253 $86,472 $0 $0
2018 $2,970 $83,953 $0 $0
2017 $2,777 $81,508 $0 $0
2016 $3,018 $79,134 $0 $0
2014 $2,830 $76,830 $0 $0
2013 -- $74,830 $10,667 $64,163
Source: Public Records

Agents Affiliated with this Home

  • Adrian Martinez

    Seller's Agent in 2012

    Adrian Martinez

    Coldwell Banker Legacy

    (505) 610-3323

    1 in this area

    73 Total Sales

    Adrian Martinez
    Section Image
  • Pamela Heater

    Buyer's Agent in 2012

    Pamela Heater

    Enchanted Homes Realty

    (505) 710-0021

    31 Total Sales

    Pamela Heater
    Section Image
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Map

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

MLS Number: 729337

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-074-368

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1521 Vargas Rd 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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