NOT LISTED FOR SALE

2396 Melon Ridge Loop NE Rio Rancho, NM 87144

Enchanted Hills Neighborhood

Estimated Value: $400,000

3 Beds
2 Baths
1,649 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 30, 2024

Current estimated payment $2,674/month

232 Days on Market

Highlights

  • New Construction
  • Build Green New Mexico Silver
  • Covered Patio or Porch
  • Vista Grande Elementary School Rated A-
  • Private Yard
  • Double Pane Windows

About This Home

As of July 2024

This home design features 3 bedrooms, 2 bathrooms, 2 car garage with a welcoming entry that opens to a bright, elegant dining room. The spacious kitchen with a grand island functions as the heart of the home and the great room features a tray ceiling that highlights an abundance of natural light. Home is still under construction.

Last Agent to Sell the Property

Alex Cordova

EXP Realty LLC License #50012 Listed on: 10/25/2023

EXP Realty LLC

Last Buyer's Agent

Vincent Cordova

Valiant Real Estate License #REC20221132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4,966 Sq Ft Lot
  • South Facing Home
  • Private Yard
  • Zoning described as R-4

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,649 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Build Green New Mexico Silver
  • Covered Patio or Porch

Community Details

  • Association fees include common areas
  • Built by Hakes Brothers

Listing and Financial Details

  • Assessor Parcel Number 1012071141085

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Take I-40 W to NM-345 N/Unser Blvd NW, Follow Unser Blvd NW for 10.6 miles, turn right onto Northern Blvd NE, in 1.1 miles turn left onto Idalia Rd, turn left at the 1st cross street onto Broadmoor Blvd NE, turn right onto Edinburgh St NE, turn left onto Melon Rd NE/Melon Ridge Loop NE, arrive to model home.
  • Year Built: 2024
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: EXPR01
  • Co List Office Phone: (505) 554-3873
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Windows
  • 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
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1649.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Hakes Brothers
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • 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: 360.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Green Features

  • Green Power: None
  • Green Building Verification Type: Build Green New Mexico Silver

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4966.0
  • Parcel #: 1012071141085
  • Zoning Description: R-4

Tax Info

  • Tax Annual Amount: 1006.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jul 17, 2024
Sold by
Hakes Brothers Abq Llc
Bought by
Bake Guy and Bake Lissette
Seller's Agent
Alex Cordova
EXP Realty LLC
Buyer's Agent
Vincent Cordova
Valiant Real Estate
List Price
$402,260
Views
7
Current Estimated Value
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.00%
Original Mortgage
$244,260
Outstanding Balance
$241,343
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$158,657
Source: Public Records

Range of Values:

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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
Bake Guy -- First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bake Guy $244,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold -- -- --
06/14/2024 06/14/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $426,260 +6.0% $258 / Sq Ft
04/12/2024 04/12/24 For Sale $402,260 0.0% $244 / Sq Ft
04/12/2024 04/12/24 Price Changed $402,260 +7.1% $244 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $375,425 -- $228 / 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 $2,635 $115,919 $25,233 $90,686
2024 $1,008 $73,124 $24,167 $48,957
2023 $1,008 $24,167 $24,167 --
Source: Public Records

Agents Affiliated with this Home

  • Alex Cordova

    Seller's Agent in 2024

    Alex Cordova

    EXP Realty LLC

    (505) 730-0397

    80 in this area

    1,010 Total Sales

    Alex Cordova
    Section Image
  • Vincent Cordova

    Buyer's Agent in 2024

    Vincent Cordova

    Valiant Real Estate

    (505) 918-8096

    2 in this area

    37 Total Sales

    Vincent Cordova
    Section Image
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Map

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

MLS Number: 1043728

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-071-141-085

New Mexico Sandoval County Rio Rancho 87144 Enchanted Hills

2396 Melon Ridge Loop NE, Rio Rancho, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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