NOT LISTED FOR SALE

1625 23rd Ave SE Rio Rancho, NM 87124

Estimated Value: $701,000 - $849,000

4 Beds
3 Baths
3,147 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 04, 2022

Current estimated payment $5,015/month

116 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Covered Patio or Porch
  • Maggie Cordova Elementary School Rated A-
  • Great Room
  • Thermal Windows

About This Home

As of November 2022

Back on the market! Home is complete and certificate of occupancy issued. Beautiful modern new construction custom one-story home with elegant touches throughout. Open/Bright floorplan, stainless steel appliances, gas log fireplace, refrigerated a/c, kitchen waterfall island, oversized 3 car garage, blown-in insulation, sound proof bedroom walls and low e dual pane windows.

Last Agent to Sell the Property

John Castillo

Southwest Elite Real Estate License #18964 Listed on: 06/07/2022

Southwest Elite Real Estate

Last Buyer's Agent

Karsten Associates

Karsten & Associates License #19964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.5 Acre Lot
  • South Facing Home

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 3,147 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Thermal Windows
  • Great Room
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rio Rancho High School

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Shared Well

Community Details

  • Built by Castillo Construction and Mgmt

Listing and Financial Details

  • Assessor Parcel Number 1011067161069

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Unser blvd and Westside, South to Black Arroyo, West to 17th, North on 17th to 23rd, West on 23rd to property to property on your right.
  • Listing Contract Date: 2022-06-07
  • Year Built: 2022
  • Lot Size Acres: 0.5
  • Road Frontage Type: Public Road
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Year Built Details: <1
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: 4098

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Interior Amenities: Dual Sinks, Great Room, Kitchen Island, Main Level Master, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3147.0
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Pitched, Tile
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Castillo Construction and Mgmt
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Shared Well
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • High School: Rio Rancho

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011067161069
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 997.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Bargas Martin J and Bargas Vanessa C
Bought by
Bargas Robert A
Current Estimated Value
$788,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,550
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 22, 2020
Closed on
Feb 17, 2021
Sold by
Koury Jason and Koury Jessamy
Bought by
Barges Martin J and Barges Vanessa C
Seller's Agent
Katherine Fox
Coldwell Banker Legacy
Buyer's Agent
John Castillo
Southwest Elite Real Estate
List Price
$77,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.06%

Purchase Details

Listed on
Jan 23, 2018
Closed on
May 26, 2020
Sold by
Fna Llc
Bought by
Koury Jason and Koury Jessamy
Seller's Agent
Matthew DeAveiro
Coldwell Banker Legacy
Buyer's Agent
Katherine Fox
Coldwell Banker Legacy
List Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$58,400
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bargas Robert A -- Fidelity National Ttl Ins Co
Barges Martin J -- Stewart
Bargas Martin J -- Stewart Santa Fe
Koury Jason -- Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montoya Christopher $698,250
Closed Bargas Robert A $971,550
Previous Owner Koury Jason $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold -- -- --
10/02/2022 10/02/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $754,900 -1.3% $240 / Sq Ft
09/22/2022 09/22/22 For Sale $764,900 0.0% $243 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $764,900 0.0% $243 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $764,900 -3.2% $243 / Sq Ft
06/28/2022 06/28/22 Price Changed $789,900 -1.3% $251 / Sq Ft
06/07/2022 06/07/22 For Sale $799,900 +938.8% $254 / Sq Ft
02/17/2021 02/17/21 Sold -- -- --
01/19/2021 01/19/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $77,000 +2.7% --
05/26/2020 05/26/20 Sold -- -- --
03/29/2020 03/29/20 Pending -- -- --
09/17/2019 09/17/19 For Sale $75,000 0.0% --
09/17/2019 09/17/19 Price Changed $75,000 +7.1% --
07/25/2019 07/25/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $70,000 -11.4% --
04/28/2018 04/28/18 Off Market -- -- --
01/23/2018 01/23/18 For Sale $79,000 -- --
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
2024 $8,635 $234,902 $22,633 $212,269
2023 $8,635 $236,240 $22,633 $213,607
2022 $1,109 $26,583 $26,583 $0
2021 $946 $24,167 $24,167 $0
2020 $705 $18,000 $0 $0
2019 $693 $16,500 $0 $0
2018 $688 $17,279 $0 $0
2017 $593 $21,780 $0 $0
2016 $356 $8,131 $0 $0
2014 $281 $8,131 $0 $0
2013 -- $5,445 $5,445 $0
Source: Public Records

Agents Affiliated with this Home

  • John Castillo

    Seller's Agent in 2022

    John Castillo

    Southwest Elite Real Estate

    (505) 798-6333

    81 Total Sales

    John Castillo
    Section Image

  • K

    Buyer's Agent in 2022

    Karsten Associates

    Karsten & Associates

    (505) 315-1564

    318 Total Sales

    Karsten Associates
    Section Image

  • K

    Seller's Agent in 2021

    Katherine Fox

    Coldwell Banker Legacy

    (505) 226-2746

    30 Total Sales

    Katherine Fox
    Section Image
  • Matthew DeAveiro

    Seller's Agent in 2020

    Matthew DeAveiro

    Coldwell Banker Legacy

    (505) 489-3940

    150 Total Sales

    Matthew DeAveiro
    Section Image
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Map

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

MLS Number: 1016355

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-161-069

New Mexico Sandoval County Rio Rancho 87124

1625 23rd Ave SE, Rio Rancho, NM

This home is located at 1625 23rd Ave SE, Rio Rancho, NM 87124 since 07 June 2022 and is currently estimated at $788,195, approximately $250 per square foot. This property was built in 2022. 1625 23rd Ave SE is a home located in Sandoval County with nearby schools including Maggie Cordova Elementary School, Lincoln Middle School, and Rio Rancho 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.

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