$240,000
PENDING

Estimated payment $1,384/month

Total Views 1,722
3.01 Acres
$79,734 Price per Acre
131,116 Sq Ft Lot

Highlights

  • 3.01 Acre Lot
  • Views
  • Gentle Sloping Lot
  • Enchanted Hills Elementary School Rated A-

About This Lot

Large 3 acre lot zoned SU for Assisted living! This corner lot features mostly level topography, and sweeping views of the Sandia Mountains. This lot is ready for development. Owner financing available, call for details. Current SU zoning to allow up to 43 units and approximately 23,841 square feet. It could be possible to revert back to R-1 if desired with approval from planning and zoning. Buyer to verify with the City any additional restrictions.

Listing Agent

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 05/02/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $834

Lot Details

  • 3.01 Acre Lot
  • Gentle Sloping Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as S-U

Utilities

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

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 28 / 111
  • Assessor Parcel Number 1016071365512

Property Details

Property Type

Land

Est. Annual Taxes

$834

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From 528 and Iris, head West on Iris. 2nd right on Sonora, lot will be on the corner of Sonora and Iris.
  • Listing Contract Date: 2024-05-02
  • Lot Size Acres: 3.01
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Split Possible, Views, Gentle Sloping
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Utilities

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

Lot Info

  • Topography: Level,Sloping
  • Number of Lots: 1
  • Current Use: See Remarks
  • Lot Size Sq Ft: 130941.0
  • Parcel #: 1016071365512
  • Zoning Description: S-U

Tax Info

  • Tax Annual Amount: 834.4
  • Tax Block: 111
  • Tax Lot: 28
  • Tax Tract: N/A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $240,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

About the Listing Agent

Michael Schlichte

Absolute Real Estate

(505) 278-7489

Section Image

Michael is a father to Oliver (10 years old), and husband to Danielle Schlichte (18 years), and a long-time resident of Rio Rancho. He is currently building a custom home in Corrales New Mexico where he plans to raise his family and lay down even deeper roots.

Michael has been a licensed Realtor since 2005. He began his career as a home flipper. Since that time Michael and his team have flipped approximately two hundred homes in NM ranging from Artesia to Farmington and every city in

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  • 5209 Hummell Rd NE, Rio Rancho, NM 87144

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  • 5205 Hummell Rd NE, Rio Rancho, NM 87144

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

MLS Number: 1061860

Southwest MLS (Greater Albuquerque Association of REALTORS®)