NOT LISTED FOR SALE

Estimated Value: $261,000

0.5 Acre
$522,000 Price per Acre
21,780 Sq Ft Lot

Last Sold December 08, 2023

Current estimated payment $1,451/month

22 Days on Market

Highlights

  • Views
  • Maggie Cordova Elementary School Rated A-
  • Level Lot

About This Lot

As of December 2023

Discover the opportunity to build your dream on this expansive half-acre parcel, nestled in the heart of Rio Rancho with tons of opportunity and convenience's nearby. This fully fenced haven offers safety, and is a blank canvas for the visionary homeowner or savvy developer. With .5 acres of level ground, there's ample room for a grand residence, luxurious gardens, or outdoor amenities to create your private residence. This property has a sense of seclusion amidst the surrounding vibrancy. An escape while offering a secluded feel, the property remains conveniently located, ensuring easy access to local amenities, including hospitals, a movie theater, walmart and many delicious restaurants. This parcel is not just a piece of land; it's a foundation for your future.

Last Agent to Sell the Property

Vincent Cordova

Valiant Real Estate License #REC20221132 Listed on: 11/06/2023

Co-Listed By

Samantha Cordova

Valiant Real Estate License #52948

Last Buyer's Agent

Matthew Meyer

Coldwell Banker Legacy License #41421

Coldwell Banker Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $448

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 24 / 34
  • Assessor Parcel Number 1011068139069

Property Details

Property Type

Land

Est. Annual Taxes

$448

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: West on southern from Unser, south on 15th, east on 14th ave property is on the left side.
  • Listing Contract Date: 2023-10-26
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: TBHT01
  • Co List Office Phone: (505) 918-8096
  • Subdivision Name: Na
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Views
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential, Unimproved
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011068139069
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 448.12
  • Tax Block: 34
  • Tax Lot: 24
  • Tax Tract: Na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Nov 13, 2018
Sold by
Deluca Lisa and Deluca James Martin
Bought by
Deluca Lisa and Deluca James Martin
Seller's Agent
Jane Knap
RE/MAX SELECT
Buyer's Agent
Vincent Cordova
ABQ Properties LLC
List Price
$29,000
Current Estimated Value
$261,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.80%
Original Mortgage
$11,250
Outstanding Balance
$9,911
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,089

Purchase Details

Listed on
Jun 29, 2016
Closed on
Oct 3, 2018
Sold by
Deluca Lisa
Bought by
Jacks Donovan A and Jacks Brandy L
Seller's Agent
Jane Knap
RE/MAX SELECT
Buyer's Agent
Vincent Cordova
ABQ Properties LLC
List Price
$29,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,250
Outstanding Balance
$9,911
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,089
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
Deluca Lisa -- None Available
Jacks Donovan A -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacks Donovan A $11,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold -- -- --
11/29/2023 11/29/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $59,999 -7.1% --
11/06/2023 11/06/23 For Sale $64,599 +122.8% --
11/14/2018 11/14/18 Sold -- -- --
09/26/2018 09/26/18 Pending -- -- --
07/01/2016 07/01/16 For Sale $29,000 -- --
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 $389 $15,000 $15,000 --
2023 $389 $9,333 $9,333 $0
2022 $448 $10,745 $10,745 $0
2021 $273 $6,970 $6,970 $0
2020 $205 $5,227 $0 $0
2019 $259 $6,171 $0 $0
2018 $246 $6,171 $0 $0
2017 $384 $9,728 $0 $0
2016 $159 $3,630 $0 $0
2014 $150 $3,630 $0 $0
2013 -- $9,438 $9,438 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1044394

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-068-139-069