$198,000
SOLD DEC 3, 2019
Last list price
3 Beds
2 Baths
1,511 Sq Ft
0.25 Acres

Recently Sold

$131 Per Sq Ft

Highlights

  • Custom Home
  • 1 Fireplace
  • Multiple Living Areas
  • Maggie Cordova Elementary School Rated A-
  • Private Yard
  • 2-minute walk to Chuckwagon Park

About This Home

As of December 2019

Unbelievable 1 story pitched roof home located in the heart of Rio Rancho and near all the new restaurants, movies and entertainment. Home situated on an over-sized .25 acre lot with backyard access. Inside has new flooring, water heater, furnace, custom granite counter tops, new appliances, new custom tile surrounds in both bathrooms with new shower valves, bathroom fixtures and finished with a modern contemporary flavor. Will sell fast!

Last Agent to Sell the Property

John Lopez

Coldwell Banker Legacy License #36849 Listed on: 10/16/2019

Coldwell Banker Legacy

Last Buyer's Agent

John Lopez

Coldwell Banker Legacy License #36849 Listed on: 10/16/2019

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,422

Year Built

  • Built in 1982

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Fenced
  • Landscaped
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,511 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Multiple Living Areas
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

  • Martin L King Jr Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1011068494460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,422

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Hwy 528: West on Southern Blvd. Follow Southern Blvd. to Western Hills Dr. Turn North on Western Hills Dr. and follow to Zaragoza Rd. West on Zaragoza Rd. to Property.
  • Listing Contract Date: 2019-10-16
  • Year Built: 1982
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Custom, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), Multiple Living Areas, Main Level Master, Utility Room
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Log Lighter
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1511.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence, Private Yard, RV Parking/RV Hookup
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Brick Veneer, Frame, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, RV Carport

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Available
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Martin L King Jr
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1011068494460
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1422.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 3, 2019
Sold by
Rapid Mvd Inc
Bought by
Gallegos Albert T
Seller's Agent
John Lopez
Coldwell Banker Legacy
Buyer's Agent
John Lopez
Coldwell Banker Legacy
List Price
$198,000
Current Estimated Value
$321,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$185,250
Outstanding Balance
$164,834
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$150,709

Purchase Details

Listed on
May 9, 2019
Closed on
Jun 4, 2019
Sold by
Blackstone Ventures Llc
Bought by
Rapid Mvd Inc
Seller's Agent
Penny Melloy
RE/MAX SELECT
Buyer's Agent
Robert Faithe
RE/MAX SELECT
List Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.08%
Original Mortgage
$130,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2019
Sold by
Dawson Jennifer and Doe John
Bought by
Kirtland Federal Credit Union
Source: Public Records

Similar Homes in Rio Rancho, NM

  • 4769 Platinum Dr NE, Rio Rancho, NM 87124

    $240,000

    • 2 Beds
    • 2 Baths
    • 995 Sq Ft
    • 4769 Platinum Dr NE
    • Rio Rancho, NM

    Charming 2-bedroom, 2-bathroom home featuring a peaceful courtyard with a soothing water fountain--perfect for relaxing or entertaining. Enjoy both covered front and back patios for year-round outdoor living. The property also includes a detached single-car garage and additional outdoor storage. A cozy and well-maintained gem with great outdoor space! Newer roof, water heater and tile flooring.

    Benjamin Gomez Weichert, Realtors Image

    Section Image
  • 120 Sommerset Dr SE, Rio Rancho, NM 87124

    $250,000

    • 2 Beds
    • 1.5 Baths
    • 1,069 Sq Ft
    • 120 Sommerset Dr SE
    • Rio Rancho, NM

    Welcome Home! Single level cutie in established neighborhood close to everything!Spacious living room with vaulted ceiling, laminate flooring, and wood burning stove. Practical kitchen includes SS appliances, pantry, breakfast bar and nook. Full bath with new tub surround. Large private back yard has vehicle access on BOTH sides with plenty of room for RV parking. Tons of potential with this

    Mary Porter ERA Summit

    Section Image
  • 900 Charles Dr NE, Rio Rancho, NM 87144

    $235,000

    • 2 Beds
    • 1 Bath
    • 848 Sq Ft
    • 900 Charles Dr NE
    • Rio Rancho, NM

    Back on the market with new flooring. Nestled in an established Rio Rancho Community, this home is a fantastic opportunity for any buyers to make the leap into home ownership. The home has been tastefully updated and lovingly taken care of to the point where the only thing missing is your own furniture. This home is a move-in-ready gem at this price point and offers a comfortable floorplan, and

    Olin Ellsworth Realty One of New Mexico

    Section Image
  • 4805 Platinum Loop NE, Rio Rancho, NM 87124

    $235,000

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft
    • 4805 Platinum Loop NE
    • Rio Rancho, NM

    Adorable home located in Quiet Neighborhood. Cathedral ceilings and fireplace in the living room. Well Kept, Move-in Condition. Come see today. Multiple offers received. Offers will be reviewed on Monday.

    Rebecca Betzen Thrive Real Estate

    Section Image
  • 704 Santa Fe Meadows Dr NE, Rio Rancho, NM 87144

    $199,000

    • 2 Beds
    • 2 Baths
    • 1,005 Sq Ft
    • 704 Santa Fe Meadows Dr NE
    • Rio Rancho, NM

    Investor Special! This amazing property is ready for someone to make into a beautiful home. The seller is offering a $10,000 upgrade credit with an acceptable offer. Come take a look and help transform this property into something beautiful.

    The Buchman Group Keller Williams Realty

    Section Image
  • 2716 21st St NW, Rio Rancho, NM 87144

    $170,000

    • 2 Beds
    • 1 Bath
    • 624 Sq Ft
    • 2716 21st St NW
    • Rio Rancho, NM

    Newly Updated 2-Bedroom Home on 1/2 Acre!This charming, freshly updated 2-bedroom, 1-bath home offers 624 square feet of comfortable living space. Featuring tile flooring throughout, fresh interior paint, and a dedicated laundry area, this home is move-in ready. Space to create your own ideal kitchen space as well. Situated on a spacious 1/2 acre lot, the property includes a detached

    Abby Barnhill Barnhill Property Mgmnt LLC

    Section Image

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed -- Stewart
Warranty Deed -- None Available
Contract Of Sale $136,500 None Available
Special Master Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Previous Owner $130,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold -- -- --
10/16/2019 10/16/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $198,000 +72.2% $131 / Sq Ft
05/28/2019 05/28/19 Sold -- -- --
05/09/2019 05/09/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $115,000 -- $64 / 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
2024 $2,470 $69,607 $11,111 $58,496
2023 $2,470 $67,580 $10,355 $57,225
2022 $2,398 $65,612 $9,780 $55,832
2021 $2,380 $63,701 $9,780 $53,921
2020 $2,311 $61,845 $0 $0
2019 $1,790 $47,573 $0 $0
2018 $1,422 $46,187 $0 $0
2017 $1,794 $57,369 $0 $0
2016 $2,010 $57,369 $0 $0
2014 $1,943 $57,369 $0 $0
2013 -- $51,369 $9,107 $42,262
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 956151

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-068-494-460