NOT LISTED FOR SALE

1660 16th Ave SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $411,000 - $464,000

3 Beds
2 Baths
1,940 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 09, 2020

Current estimated payment $2,604/month

1 Day on Market

Highlights

  • Custom Home
  • Cathedral Ceiling
  • Separate Formal Living Room
  • Maggie Cordova Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Private Yard

About This Home

As of July 2020

Gorgeous single story custom home sitting on .50 acres in Rio Rancho with mountain views! Open living/kitchen area with gas kiva fireplace, vaulted ceilings with vigas, lighted nichos, beautiful wood laminate flooring, ceiling fans, and skylights. Large kitchen with tons of storage, walk-in pantry, bar seating. Formal dining room, and bonus room/ office space! Master suite with his/her sinks, Jacuzzi tub, and separate shower and walk-in closet. Refrigerated air! Walled backyard with large covered patio to soak in the views! close to shopping, dining, and Rust medical center! Schedule a private showing or take a virtual walkthrough tour today!

Last Agent to Sell the Property

Venturi Realty Group

Real Broker, LLC Listed on: 06/08/2020

Real Broker, LLC

Last Buyer's Agent

The Schnoor Team

Berkshire Hathaway NM Prop

Berkshire Hathaway NM Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,762

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • North Facing Home
  • Xeriscape Landscape
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,940 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Windows
  • Separate Formal Living Room
  • Home Office
  • Microwave
  • Property Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Electricity Not Available
  • Propane
  • Shared Well
  • Septic Tank

Community Details

  • Built by Zachary

Listing and Financial Details

  • Assessor Parcel Number 1011067163456

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,762

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528 Go west on Southern Past Unser Go South on 15th East on 16th
  • Year Built: 2005
  • Lot Size Acres: 0.5
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Home Office, Jetted Tub, Main Level Master, Pantry, Skylights, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Gas Log, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1940.0
  • Window Features: Double Pane Windows, Insulated Windows, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Private Yard, Sprinkler/Irrigation, Propane Tank - Leased
  • Roof: Flat, Pitched
  • Fencing: Wall
  • Lot Features: Landscaped, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Zachary
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Propane
  • Water Source: Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011067163456
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 3761.8

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2021
Sold by
Martinez Eddie L and Martinez Leslie G
Bought by
Martinez Eddie L and Martinez Leslie Zamundio
Current Estimated Value
$436,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Outstanding Balance
$188,428
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$246,987

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 8, 2020
Sold by
Holler Delton and Holler Maria Luisa
Bought by
Martinez Eddie L and Martinez Leslie G
Seller's Agent
Venturi Realty Group
Real Broker, LLC
Buyer's Agent
The Schnoor Team
Berkshire Hathaway NM Prop
List Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$240,800
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2012
Closed on
Jul 31, 2012
Sold by
Lunsford Terrance E and Lunsford Margaret S
Bought by
Holler Delton and Holler Maria Luisa
Seller's Agent
Michael Buffington
Coldwell Banker Legacy
Buyer's Agent
Sean Hellmann
NM Real Estate Associates
List Price
$237,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$229,500
Interest Rate
3.68%
Mortgage Type
VA
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
Martinez Eddie L -- Centric Title And Escrow
Martinez Eddie L -- Old Republic National Title
Holler Delton -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Eddie L $240,800
Closed Martinez Eddie L $240,800
Previous Owner Holler Delton $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2020 07/09/20 Sold -- -- --
06/10/2020 06/10/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $300,000 +26.3% $155 / Sq Ft
07/31/2012 07/31/12 Sold -- -- -- View Prior Sale
06/18/2012 06/18/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $237,500 -- $122 / 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 $3,716 $106,186 $16,426 $89,760
2024 $3,658 $103,094 $15,588 $87,506
2023 $3,658 $100,091 $15,588 $84,503
2022 $3,552 $97,176 $15,588 $81,588
2021 $3,483 $94,346 $15,588 $78,758
2020 $2,611 $71,891 $0 $0
2019 $2,550 $69,797 $0 $0
2018 $2,327 $67,764 $0 $0
2017 $2,228 $65,790 $0 $0
2016 $2,421 $63,875 $0 $0
2014 $2,346 $62,015 $0 $0
2013 -- $62,015 $10,629 $51,386
Source: Public Records

Agents Affiliated with this Home

  • Venturi Realty Group

    Seller's Agent in 2020

    Venturi Realty Group

    Real Broker, LLC

    (505) 448-8888

    5 in this area

    1,087 Total Sales

    Venturi Realty Group
    Section Image

  • T

    Buyer's Agent in 2020

    The Schnoor Team

    Berkshire Hathaway NM Prop

    (505) 385-2154

    2 in this area

    105 Total Sales

    The Schnoor Team
    Section Image

  • M

    Seller's Agent in 2012

    Michael Buffington

    Coldwell Banker Legacy

  • S

    Buyer's Agent in 2012

    Sean Hellmann

    NM Real Estate Associates

  • S

    Buyer's Agent in 2012

    Sean Hellman

    Keller Williams Realty

    Section Image
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Map

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

MLS Number: 969923

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-163-456

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1660 16th Ave SE, 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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