NOT LISTED FOR SALE

1878 Castle Peak Loop NE Rio Rancho, NM 87144

Mariposa Neighborhood

Estimated Value: $524,000 - $593,000

3 Beds
2.5 Baths
2,261 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 25, 2021

Current estimated payment $4,673/month

6 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Private Yard
  • Vista Grande Elementary School Rated A-
  • 273 Acre Lot
  • Community Pool

About This Home

As of June 2021

This home is located at 1878 Castle Peak Loop NE, Rio Rancho, NM 87144 since 11 May 2021 and is currently estimated at $549,667, approximately $243 per square foot. 1878 Castle Peak Loop NE is a home located in Sandoval County with nearby schools including Vista Grande Elementary School, Mountain View Middle School, and Cleveland High School.

Last Agent to Sell the Property

Warren Harris

Bosque Realty License #18570 Listed on: 05/11/2021

Last Buyer's Agent

Warren Harris

Bosque Realty License #18570 Listed on: 05/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Lot Details

  • 273 Acre Lot
  • South Facing Home
  • Private Yard

HOA Fees

  • $1,248 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

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

Interior Spaces

  • 2,261 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 1011076435024

Community Details

Overview

  • Association fees include clubhouse, pool(s)
  • Built by Abrazo Home
  • Mariposa At The Peaks Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Lot Details

0

HOA Fees

$1,248 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Take Mariposa Parkway to Blue Grama Dr. NE go south to Pikes Peak Loop NE then turn left into community. Take 1st left to Castle Peak Loop NE.
  • Listing Contract Date: 2021-05-07
  • Lot Size Acres: 273.0
  • Subdivision Name: Mariposa at 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
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2261.0
  • Window Features: Double Pane Windows, Insulated Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Tile
  • Fencing: Wall
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Abrazo Home
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Property Condition: New Construction

Garage/Parking

  • Garage Spaces: 3.0

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1248.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Pool(s)

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11891880.0
  • Parcel #: 1011076435024
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1594.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 25, 2021
Sold by
Abrazo Homes Llc
Bought by
Lease Shawn and Lease Candice
Seller's Agent
Warren Harris
Bosque Realty
Buyer's Agent
Warren Harris
Bosque Realty
List Price
$440,910
Current Estimated Value
$549,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$362,598
Outstanding Balance
$329,001
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$220,666
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
Lease Shawn -- Nmltco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lease Shawn $362,598
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold -- -- --
05/14/2021 05/14/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $440,910 -- $195 / 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 $6,003 $144,457 $18,258 $126,199
2024 $5,925 $140,249 $16,500 $123,749
2023 $5,925 $136,164 $16,500 $119,664
2022 $5,780 $132,199 $16,500 $115,699
2021 $1,594 $16,500 $16,500 $0
2020 $1,594 $16,500 $0 $0
2019 $1,641 $16,500 $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: 991694

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-076-435-024