NOT LISTED FOR SALE

1988 Cherry Rd NE Rio Rancho, NM 87144

North Hills Neighborhood

Estimated Value: $273,000 - $307,000

3 Beds
2 Baths
1,417 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 1988 Cherry Rd NE, Rio Rancho, NM 87144 and is currently estimated at $291,644, approximately $205 per square foot. 1988 Cherry Rd NE is a home located in Sandoval County with nearby schools including Colinas del Norte Elementary School, Eagle Ridge Middle School, and Cleveland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2011
Sold by
Keyes William R and Keyes Michelle E
Bought by
Duran Phillip L
Current Estimated Value
$291,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,211
Outstanding Balance
$74,179
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$217,465
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Duran Phillip L $108,283 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Phillip L $107,211
Source: Public Records

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 $1,494 $42,691 $7,625 $35,066
2024 $1,471 $41,448 $7,426 $34,022
2023 $1,471 $40,241 $7,251 $32,990
2022 $1,428 $39,069 $7,075 $31,994
2021 $1,417 $37,931 $6,917 $31,014
2020 $1,376 $36,827 $0 $0
2019 $1,345 $35,754 $0 $0
2018 $1,228 $34,713 $0 $0
2017 $1,213 $34,713 $0 $0
2016 $1,388 $35,458 $0 $0
2014 $1,329 $35,142 $0 $0
2013 -- $35,142 $7,285 $27,857
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87144 North Hills

1988 Cherry Rd NE, Rio Rancho, NM

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