NOT LISTED FOR SALE

1561 Penasco Rd NE Rio Rancho, NM 87144

North Hills Neighborhood

Estimated Value: $369,593

4 Beds
3 Baths
2,360 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 17, 2013

Current estimated payment $2,143/month

Highlights

  • 2 Car Attached Garage
  • Evaporated cooling system
  • Forced Air Heating System
  • Colinas del Norte Elementary School Rated A-
  • Laundry Room
  • Carpet

About This Home

As of March 2016

This property is professionally managed by AMH Living, LLC, a leading single-family rental company. We expect to make this property available for showings soon. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy your weekends stress-free. We look forward to welcoming you home! Utilities, taxes, and other fees may apply. Please verify and confirm all information before signing a lease. If you have questions, don’t hesitate to contact us at the telephone number on this property listing. All lease applications, documentation, and initial payments for this property, must be submitted directly through  or by phone. The photos, renderings, or other images of the properties on our website, are for illustrative purposes only, and may vary from the features, amenities, or phase of construction. We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our residences is listed there, please notify us. For further description of applicable fees, please go to our website.

Last Agent to Rent the Property

Chris Smith

American Homes 4 Rent License #18953 Listed on: 10/27/2015

Last Renter's Agent

Chris Smith

American Homes 4 Rent License #18953 Listed on: 10/27/2015

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,360 Sq Ft Home
  • 2-Story Property

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Colinas Del Norte Elementary School
  • Eagle Ridge Middle School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
  • Owner Pays: None
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Detached
  • Directions: From Unser, West on Cherry, from Cherry turn LEFT on Penasco to the end of the cul-de-sac
  • Lot Size Acres: 0.17
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built Details: 7 - 9
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Year Built (Public Record): 2004

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2360.0
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Pool Private: No

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Laundry Features: Laundry Room, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Elementary School: Colinas Del Norte
  • Middle Or Junior School: Eagle Ridge

Lot Info

  • Lot Size Sq Ft: 7405.2

Tax Info

  • Tax Annual Amount: 2024.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
May 16, 2013
Sold by
Federal Natl Mtg Assn Fnma
Bought by
American Homes 4 Rent Properties Fi
Seller's Agent
David Haemker
Berkshire Hathaway NM Prop
Buyer's Agent
John Lopez
Coldwell Banker Legacy
List Price
$160,000
Current Estimated Value
$369,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
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
American Homes 4 Rent Properties Fi -- American Sw Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Off Market $2,425 -- --
11/21/2024 11/21/24 Price Changed $2,425 +1.5% $1 / Sq Ft
11/20/2024 11/20/24 For Rent $2,390 +84.6% --
03/01/2016 03/01/16 Rented $1,295 -5.8% --
02/01/2016 02/01/16 Under Contract -- -- --
10/01/2015 10/01/15 For Rent $1,375 0.0% --
09/16/2013 09/16/13 Rented $1,375 0.0% --
09/16/2013 09/16/13 Under Contract -- -- --
09/16/2013 09/16/13 For Rent $1,375 0.0% --
05/17/2013 05/17/13 Sold -- -- -- View Prior Sale
04/19/2013 04/19/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $160,000 -- $68 / 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 $2,385 $68,161 $11,476 $56,685
2024 $2,348 $66,176 $11,093 $55,083
2023 $2,348 $64,249 $10,784 $53,465
2022 $2,280 $62,378 $10,456 $51,922
2021 $2,263 $60,561 $10,080 $50,481
2020 $2,197 $58,798 $0 $0
2019 $2,147 $57,085 $0 $0
2018 $1,961 $55,423 $0 $0
2017 $1,880 $53,808 $0 $0
2016 $2,094 $53,517 $0 $0
2014 $2,024 $53,517 $0 $0
2013 -- $52,926 $8,742 $44,184
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2016

    Chris Smith

    American Homes 4 Rent

    Section Image

  • D

    Seller's Agent in 2013

    David Haemker

    Berkshire Hathaway NM Prop

  • John Lopez

    Buyer's Agent in 2013

    John Lopez

    Coldwell Banker Legacy

    (505) 991-3386

    1 in this area

    151 Total Sales

    John Lopez
    Section Image
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Map

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

MLS Number: 852781

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-071-286-208

New Mexico Sandoval County Rio Rancho 87144 North Hills

1561 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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