NOT LISTED FOR SALE

1741 Vargas Rd SE Rio Rancho, NM 87124

Rio Rancho Estates Neighborhood

Estimated Value: $40,000

0.5 Acre
$80,000 Price per Acre
21,780 Sq Ft Lot

Last Sold May 08, 2024

Current estimated payment $259/month

2 Days on Market

Highlights

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

About This Lot

As of May 2024

Half acre lot ready for your new home. Custom homes surround this lot, with electricity and natural gas in the road. This lot is close to many new restaurants, shopping and growing developments.

Last Agent to Sell the Property

Gabriel Vargas

Double Eagle Real Estate License #REC20250304 Listed on: 04/10/2024

Last Buyer's Agent

Gabriel Vargas

Double Eagle Real Estate License #REC20250304 Listed on: 04/10/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $389

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Utilities

  • Underground Utilities
  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 33 / 38
  • Assessor Parcel Number 1011067210367

Property Details

Property Type

Land

Est. Annual Taxes

$389

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Unser head west on Westside, right on 19th st, left on Vargas.
  • Listing Contract Date: 2024-04-07
  • Lot Size Acres: 0.5
  • Subdivision Name: RIO RANCHO ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

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

Utilities

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

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011067210367
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 388.64
  • Tax Block: 38
  • Tax Lot: 33
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 7, 2024
Sold by
Lar Bear Residential Land Holdings Llc
Bought by
Martinez Henry B
Seller's Agent
Gabriel Vargas
Double Eagle Real Estate
Buyer's Agent
Gabriel Vargas
Double Eagle Real Estate
List Price
$40,000
Views
4
Current Estimated Value
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Maron Barry R Trust
Bought by
Lar Bear Residential Land Holdings
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 Henry B -- Fidelity National Title
Lar Bear Residential Land Holdings -- Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold -- -- --
04/13/2024 04/13/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $40,000 -- --
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
2025 $547 $15,833 $15,833 --
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 $146 $3,340 $0 $0
2014 $150 $3,630 $0 $0
2013 -- $9,438 $9,438 $0
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Vargas

    Seller's Agent in 2024

    Gabriel Vargas

    Double Eagle Real Estate

    (505) 417-2245

    28 in this area

    390 Total Sales

    Gabriel Vargas
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Map

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

MLS Number: 1060486

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-067-210-367

New Mexico Sandoval County Rio Rancho 87124 Rio Rancho Estates

1741 Vargas Rd SE, Rio Rancho, NM

This home is located at 1741 Vargas Rd SE, Rio Rancho, NM 87124 since 10 April 2024 and is currently priced at $40,000. 1741 Vargas Rd 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.

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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