$369,690
SOLD NOV 18, 2024
Last list price

197 Spectrum Ave SW Rio Rancho, NM 87124

3 Beds
2 Baths
1,588 Sq Ft
6,625 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

Highlights

  • New Construction
  • Private Yard
  • Triple Pane Windows
  • Eagle Ridge Middle School Rated A-
  • Covered Patio or Porch
  • Refrigerated Cooling System

About This Home

As of November 2024

This home is located at 197 Spectrum Ave SW, Rio Rancho, NM 87124 and is currently estimated at $369,690, approximately $232 per square foot. This property was built in 2024. 197 Spectrum Ave SW is a home located in Sandoval County with nearby schools including Puesta del Sol Elementary School, Eagle Ridge Middle School, and Rio Rancho High School.

Last Agent to Sell the Property

Nonmls Nonmls

Non Member of SWMLS Listed on: 01/01/2025

Last Buyer's Agent

Susan Blackwell

Welcome Home Realty License #19305

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $626

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,625 Sq Ft Lot
  • South Facing Home
  • Private Yard

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,588 Sq Ft Home
  • Property has 1 Level
  • Triple Pane Windows
  • Insulated Windows
  • Washer and Gas Dryer Hookup

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Community Details

  • Built by Pulte

Listing and Financial Details

  • Assessor Parcel Number 1009069110241

Home Details

Home Type

Single Family

Est. Annual Taxes

$626

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Off Rainbow
  • Listing Contract Date: 2025-01-01
  • Year Built: 2024
  • Lot Size Acres: 0.15
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1588.0
  • Window Features: Insulated Windows, Triple Pane Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Pulte
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigerated
  • Heating: Combination, Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 45.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6625.0
  • Parcel #: 1009069110241
  • Zoning Description: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Nov 18, 2024
Sold by
Pulte Homes Of New Mexico Inc
Bought by
Mugwaneza William Ndayisaba and Uwase Yvonne
Seller's Agent
Nonmls Nonmls
Non Member of SWMLS
Buyer's Agent
Susan Blackwell
Welcome Home Realty
List Price
$369,690
Current Estimated Value
$218,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$332,721
Outstanding Balance
$330,754
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$77,246
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Pgp Title
Special Warranty Deed -- Pgp Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,721 New Conventional
Closed $332,721 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2025 01/01/25 For Sale $369,690 -- $233 / Sq Ft
11/18/2024 11/18/24 Sold -- -- --
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
2024 $626 $23,333 $23,333 --
2023 $626 $15,000 $15,000 --
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1077439

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-069-110-241