NOT LISTED FOR SALE

1628 23rd Ave SE Rio Rancho, NM 87124

Estimated Value: $115,307 - $420,000

0.55 Acre
$486,644 Price per Acre
23,958 Sq Ft Lot

Last Sold February 07, 2020

Current estimated payment $1,537/month

114 Days on Market

About This Lot

As of February 2020

Custom Home Building Lot on just over .5 Acres with walls already up on all 3 sides! Utilities (Gas and Electric) in street! Wider lot than all others around. Shared well possible with neighboring homes.

Last Agent to Sell the Property

Marissa Baumann

Core Property Solutions, LLC Listed on: 09/24/2019

Last Buyer's Agent

Myra Herrmann

Keller Williams Realty License #38282

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $757

Lot Details

  • 0.55 Acre Lot
  • Level Lot

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / 79
  • Assessor Parcel Number 1011067166035

Property Details

Property Type

Land

Est. Annual Taxes

$757

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Unser Blvd, head West on Black Arroyo Rd., Tight on 17th St. Left on 23rd. Ave.
  • Listing Contract Date: 2019-09-23
  • Lot Size Acres: 0.55
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Other, See Remarks
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 23958.0
  • Parcel #: 1011067166035
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 757.14
  • Tax Block: 79
  • Tax Lot: 26
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Archuleta John M
Bought by
John Michael Archuleta Living Trust and Archuleta
Current Estimated Value
$267,654

Purchase Details

Listed on
Sep 24, 2019
Closed on
Feb 7, 2020
Sold by
Core Capital Services Llc
Bought by
Archuleta John M
Seller's Agent
Marissa Baumann
Core Property Solutions, LLC
Buyer's Agent
Myra Herrmann
Keller Williams Realty
List Price
$79,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%
Original Mortgage
$54,663
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2019
Sold by
Core Energy Llc
Bought by
Core Capital Services Llc

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jun 19, 2017
Sold by
Miller David E and Miller Karen Darlene
Bought by
Core Energy Llc
Seller's Agent
Karen Archibeque
Realty One of New Mexico
Buyer's Agent
Karen Archibeque
Realty One of New Mexico
List Price
$59,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.58%

Purchase Details

Closed on
Nov 14, 2014
Sold by
Miller David E
Bought by
Azul Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 2014
Sold by
Azul Holdings Llc
Bought by
Miller David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 7, 2014
Sold by
Archibeque Karen D
Bought by
Miller David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.12%
Mortgage Type
Seller Take Back
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
John Michael Archuleta Living Trust -- None Listed On Document
John Michael Archuleta Living Trust -- None Listed On Document
Archuleta John M -- Stewart Title
Core Capital Services Llc -- None Available
Core Energy Llc -- Stewart Title
Azul Holdings Llc $42,500 None Available
Miller David E -- None Available
Miller David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Archuleta John M $54,663
Previous Owner Azul Holdings Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold -- -- --
01/16/2020 01/16/20 Pending -- -- --
09/24/2019 09/24/19 For Sale $79,900 +34.3% --
06/19/2017 06/19/17 Sold -- -- --
06/13/2017 06/13/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $59,500 -- --
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 $1,326 $36,333 $36,333 --
2024 $1,119 $36,333 $36,333 --
2023 $1,119 $30,833 $30,833 $0
2022 $942 $26,583 $26,583 $0
2021 $790 $24,167 $24,167 $0
2020 $705 $18,000 $0 $0
2019 $693 $16,500 $0 $0
2018 $757 $19,007 $0 $0
2017 $946 $23,958 $0 $0
2016 $391 $8,944 $0 $0
2014 -- $8,944 $0 $0
2013 -- $16,371 $16,371 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 954564

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-166-035