NOT LISTED FOR SALE

1803 Castle Peak Loop NE Rio Rancho, NM 87144

Mariposa Neighborhood

Estimated Value: $598,000 - $705,000

3 Beds
3.5 Baths
2,916 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 21, 2020

Current estimated payment $5,118/month

12 Days on Market

Highlights

  • Newly Remodeled
  • Separate Formal Living Room
  • Great Room
  • Vista Grande Elementary School Rated A-
  • High Ceiling
  • Private Yard

About This Home

As of August 2020

MODEL FOR SALE! Located in the gated section of Mariposa. This Parade of Homes Winner is truly stunning! Loaded with all the bells and whistles. All the Bedrooms have their own bathroom, large open concept living area, an extra flex space as well as a 3 car tandem garage. WELCOME HOME

Last Agent to Sell the Property

Marlene Vance

AdVance Realty License #17721 Listed on: 07/19/2020

Last Buyer's Agent

Michael Schlichte

Absolute Real Estate License #17987

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.31 Acre Lot
  • South Facing Home
  • Private Entrance
  • Landscaped
  • Private Yard

HOA Fees

  • $1,140 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

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

Interior Spaces

  • 2,916 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Separate Formal Living Room

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • Vista Grande Elementary School
  • Mountain View Middle School
  • V. Sue Cleveland High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1011076362109

Community Details

Overview

  • Association fees include clubhouse, common areas, pool(s)
  • Built by RayLee Homes
  • Mariposa The Peaks Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,500

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$1,140 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Northern & Unser, go North on Unser, Left (West) on Mariposa Parkway, Left(South)on Redondo Sierra Vista, Left on Blue Gramma, go all the way to the back of community, Left on Pikes Peak through the gates, Left on Castle Peak and Look For RayLee Model Home on left hand side.
  • Listing Contract Date: 2020-03-25
  • Year Built: 2018
  • Lot Size Acres: 0.31
  • Subdivision Name: Mariposa The Peaks
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: <1
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Cooktop, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bathtub, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Great Room, High Ceilings, High Speed Internet, Kitchen Island, Main Level Master, Skylights, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2916.0
  • Window Features: Double Pane Windows, Insulated Windows, Low Emissivity Windows, Vinyl, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Roof: Mixed, Pitched, Tile
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: RayLee Homes
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1140.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s)

Schools

  • Elementary School: Vista Grande
  • High School: V. Sue Cleveland
  • Middle Or Junior School: Mountain View

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 1011076362109
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 5500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2020
Closed on
Aug 28, 2020
Sold by
The Tjt Group Ltd
Bought by
Martin William Joseph
Seller's Agent
Marlene Vance
AdVance Realty
Buyer's Agent
Michael Schlichte
Absolute Real Estate
List Price
$549,990
Current Estimated Value
$633,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$494,000
Outstanding Balance
$438,392
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,732

Purchase Details

Closed on
Sep 22, 2017
Sold by
Tjt Group Ltd
Bought by
Eight Gradys Family Llc and Tjt Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 20, 2017
Sold by
The Troughs Llc
Bought by
Tjt Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Martin William Joseph -- Fidelity National Title Ins
Eight Gradys Family Llc -- Fidelity Natl Title Ins Co
Tjt Group Ltd -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin William Joseph $494,000
Previous Owner Eight Gradys Family Llc $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold -- -- --
07/31/2020 07/31/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $549,990 -- $189 / 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 $7,292 $181,297 $22,415 $158,882
2024 $7,194 $176,017 $21,000 $155,017
2023 $7,194 $170,890 $21,000 $149,890
2022 $7,012 $165,913 $21,000 $144,913
2021 $6,966 $161,081 $21,000 $140,081
2020 $5,459 $120,746 $0 $0
2019 $5,746 $127,544 $0 $0
2018 $1,605 $16,500 $0 $0
2017 $1,371 $10,710 $0 $0
2016 $1,237 $6,600 $0 $0
2014 $589 $6,600 $0 $0
2013 -- $10,210 $10,210 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 972893

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-076-362-109