NOT LISTED FOR SALE

1564 Penasco Rd Rio Rancho, NM 87144

North Hills Neighborhood

Estimated Value: $334,000 - $390,326

4 Beds
2.5 Baths
2,300 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 24, 2017

Current estimated payment $2,269/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Loft
  • Private Yard
  • Colinas del Norte Elementary School Rated A-
  • Great Room
  • 4-minute walk to Sierra Norte II Park

About This Home

As of May 2017

This home is located at 1564 Penasco Rd, Rio Rancho, NM 87144 since 29 March 2017 and is currently estimated at $360,082, approximately $156 per square foot. This property was built in 2004. 1564 Penasco Rd is a home located in Sandoval County with nearby schools including Colinas del Norte Elementary School, Eagle Ridge Middle School, and Cleveland High School.

Last Agent to Sell the Property

Shea Nolan

Realty One of New Mexico License #47537 Listed on: 03/29/2017

Realty One of New Mexico

Last Buyer's Agent

Shea Nolan

Realty One of New Mexico License #47537 Listed on: 03/29/2017

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 2004

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Landscaped
  • Private Yard

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 2,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Great Room
  • Multiple Living Areas
  • Combination Dining and Living Room
  • Loft
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Colinas Del Norte Elementary School
  • Eagle Ridge Middle School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Satellite Dish

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1011071306209

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

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: North on Unser from Northern, left on Cherry, Left on Penasco , Left on Penasco to home in cul-de-sac
  • Year Built: 2004
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Sierra Norte
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Dining Area, Dual Sinks, Great Room, Kitchen Island, Loft, Living/Dining Room, Multiple Living Areas, Main Level Master, Pantry, Tub Shower, Walk-In Closet(s)
  • Stories: 2
  • Other Equipment: Satellite Dish
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2300.0
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Privacy Wall, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Cul-De-Sac, Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Builder Name: Pulte
  • Construction Type: Frame, Stucco, Rock
  • Direction Faces: West
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System, Smoke Detector(s)
  • 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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1011071306209
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2213.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Martinez Larry A and Perez Janae L
Bought by
Cady Michael A and Cady Laura J
Current Estimated Value
$360,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$144,257
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$215,825

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 22, 2017
Sold by
Nickal Jason D and Nickal Sandra M
Bought by
Martinez Larry A and Perez Janae L
Seller's Agent
Shea Nolan
Realty One of New Mexico
Buyer's Agent
Shea Nolan
Realty One of New Mexico
List Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$181,649
Interest Rate
5.5%
Mortgage Type
FHA
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
Cady Michael A -- Fidelity National Title Ins
Martinez Larry A -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cady Michael A $180,000
Previous Owner Martinez Larry A $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold -- -- --
03/29/2017 03/29/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $185,000 -- $80 / 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 $2,766 $81,101 $15,454 $65,647
2024 $2,721 $78,738 $14,991 $63,747
2023 $2,721 $76,445 $14,660 $61,785
2022 $2,640 $74,219 $14,298 $59,921
2021 $2,692 $72,058 $13,867 $58,191
2020 $2,081 $57,696 $0 $0
2019 $2,032 $56,016 $0 $0
2018 $1,853 $54,385 $0 $0
2017 $1,734 $49,636 $0 $0
2016 $2,214 $56,574 $0 $0
2014 $2,140 $56,574 $0 $0
2013 -- $56,574 $10,097 $46,477
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Shea Nolan

    Realty One of New Mexico

    (505) 379-3887

    1 in this area

    32 Total Sales

    Shea Nolan
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Map

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

MLS Number: 887887

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-071-306-209

New Mexico Sandoval County Rio Rancho 87144 North Hills

1564 Penasco Rd, 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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