NOT LISTED FOR SALE

2408 Desert Marigold Rd Rio Rancho, NM 87144

Mariposa Neighborhood

Estimated Value: $67,000

0.81 Acre
$82,716 Price per Acre
35,284 Sq Ft Lot

Last Sold October 28, 2021

Current estimated payment $511/month

151 Days on Market

Highlights

  • 0.81 Acre Lot
  • Vista Grande Elementary School Rated A-
  • Views

About This Lot

As of October 2021

Great custom home lot with views of the Sandias! Tucked away in the beautiful growing neighborhood of Mariposa! Owner financing with as little as $1,500 down and the remaining balance at 5% interest! Call now for financing details. Buy now build later!

Last Agent to Sell the Property

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 02/12/2021

Last Buyer's Agent

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 02/12/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,640

Lot Details

  • 0.81 Acre Lot
  • Partial filled lot needs fill

Utilities

  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association
  • Association fees include common areas
  • Desert Highlands @ Mariposa Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 1012076094187

Property Details

Property Type

Land

Est. Annual Taxes

$1,640

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: West into Mariposa, south on Academy, south on Blue Grama, East on Desert Marigold.
  • Listing Contract Date: 2021-02-12
  • Lot Size Acres: 0.81
  • Subdivision Name: Desert Highlands @ Mariposa
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)
  • Association Fee: 85.0
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Topography: NeedsFill
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 35283.6
  • Parcel #: 1012076094187
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1639.78
  • Tax Block: n/a
  • Tax Lot: 3
  • Tax Tract: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Nov 2, 2021
Sold by
Millennium Trust Company Llc
Bought by
Global Appraisal Management Llc
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
Michael Schlichte
Absolute Real Estate
List Price
$50,000
Current Estimated Value
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Outstanding Balance
$33,996
Interest Rate
2.88%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 6, 2018
Sold by
Hanna Jonathan M
Bought by
Parks Charlene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Oct 24, 2016
Sold by
Rosenblum Karen Triger
Bought by
Hanna Jonathanm and Parks Charlene
Seller's Agent
Michelle Selby
Coldwell Banker Legacy
Buyer's Agent
Joann Brown
Brown & Associates, Inc.
List Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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ICE

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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
Global Appraisal Management Llc $42,000 None Available
Parks Charlene R -- Stewart Title
Hanna Jonathanm -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Global Appraisal Management Llc $37,000
Closed Parks Charlene R $16,500
Previous Owner Hanna Jonathanm $12,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2021 10/28/21 Sold -- -- --
07/13/2021 07/13/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $49,500 -1.0% --
03/16/2021 03/16/21 For Sale $50,000 0.0% --
02/19/2021 02/19/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $50,000 +100.0% --
10/24/2016 10/24/16 Sold -- -- --
09/10/2016 09/10/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $25,000 -- --
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 $1,782 $20,000 $20,000 --
2023 $1,782 $20,000 $20,000 $0
2022 $2,178 $29,500 $29,500 $0
2021 $1,677 $17,667 $17,667 $0
2020 $1,640 $17,667 $0 $0
2019 $1,606 $15,667 $0 $0
2018 $1,179 $5,792 $0 $0
2017 $1,177 $5,802 $0 $0
2016 $1,202 $5,802 $0 $0
2014 $1,184 $21,000 $0 $0
2013 -- $21,000 $21,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Schlichte

    Seller's Agent in 2021

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    4 in this area

    199 Total Sales

    Michael Schlichte
    Section Image
  • Michelle Selby

    Seller's Agent in 2016

    Michelle Selby

    Coldwell Banker Legacy

    (505) 321-5521

    30 Total Sales

    Michelle Selby
    Section Image

  • J

    Buyer's Agent in 2016

    Joann Brown

    Brown & Associates, Inc.

    (505) 450-6619

    85 Total Sales

    Joann Brown
    Section Image
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Map

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

MLS Number: 985741

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-076-094-187

New Mexico Sandoval County Rio Rancho 87144 Mariposa

2408 Desert Marigold Rd, Rio Rancho, NM

This home is located at 2408 Desert Marigold Rd, Rio Rancho, NM 87144 since 12 February 2021 and is currently estimated at $67,000. 2408 Desert Marigold Rd is a home located in Sandoval County with nearby schools including Vista Grande Elementary School, Mountain View Middle School, and Cleveland High School.

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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