NOT LISTED FOR SALE

2501 Lema Rd SE Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $273,000 - $316,000

3 Beds
2 Baths
1,350 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 25, 2018

Current estimated payment $1,778/month

22 Days on Market

Highlights

  • Great Room
  • Private Yard
  • 2 Car Attached Garage
  • Martin Luther King Jr. Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Snead Park

About This Home

As of September 2018

Quimera Model in Western Hills area of Rio Rancho! 3 Bedrooms, 1 3/4 Bathssitting on 1/4 Acre Property with RV Access! Great Room with Wood Burning Stove, Kitchen with Breakfast Nook, Spacious Master Suite with Walk-In Closet, Tile Shower and New Vanity. New Carpet and Paint throughout, 2-Car Garage, Front Landscaping ad Covered Patio. New Roof only 2 months old, No Poly Pipes. Priced to Sell!!!

Last Agent to Sell the Property

Matthew DeAveiro

Coldwell Banker Legacy License #27807 Listed on: 07/28/2018

Coldwell Banker Legacy

Last Buyer's Agent

Abigail Gonzales

Realty One of New Mexico

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1985

Lot Details

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

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Board and Batten Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Schools

  • Rio Rancho High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Built by Amrep
  • Panorama Heights West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012069139136

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: hwy 528, west on Southern, right onNicklaus, left on Lema.
  • Listing Contract Date: 2018-07-28
  • Year Built: 1985
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Subdivision Name: Panorama Heights West
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Great Room, Main Level Master, Shower Only, Separate Shower
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1350.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Roof: Shingle
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Amrep
  • Construction Type: Board & Batten Siding, Brick Veneer, Frame
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Schools

  • High School: Rio Rancho

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1012069139136
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1203.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2018
Closed on
Sep 24, 2018
Sold by
Nugent Barry A and Nugent Joan M
Bought by
Sanchez Phillip J and Sanchez Christie N
Seller's Agent
Matthew DeAveiro
Coldwell Banker Legacy
Buyer's Agent
Abigail Gonzales
Realty One of New Mexico
List Price
$164,000
Current Estimated Value
$299,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$4,625
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Phillip J -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Phillip J $184,000
Closed Sanchez Phillip J $4,625
Closed Sanchez Phillip J $162,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold -- -- --
08/19/2018 08/19/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $164,000 -- $121 / 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 $1,906 $53,717 $11,785 $41,932
2023 $1,906 $52,152 $11,536 $40,616
2022 $1,851 $50,634 $11,250 $39,384
2021 $1,837 $49,159 $11,250 $37,909
2020 $1,783 $47,727 $0 $0
2019 $1,795 $47,727 $0 $0
2018 $1,255 $35,474 $0 $0
2017 $1,203 $34,441 $0 $0
2016 $1,348 $34,441 $0 $0
2014 $1,303 $34,441 $0 $0
2013 -- $34,441 $9,106 $25,335
Source: Public Records

Agents Affiliated with this Home

  • Matthew DeAveiro

    Seller's Agent in 2018

    Matthew DeAveiro

    Coldwell Banker Legacy

    (505) 489-3940

    2 in this area

    150 Total Sales

    Matthew DeAveiro
    Section Image

  • A

    Buyer's Agent in 2018

    Abigail Gonzales

    Realty One of New Mexico

    Section Image
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Map

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

MLS Number: 924948

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-139-136

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights West

2501 Lema Rd SE, Rio Rancho, NM

This home is located at 2501 Lema Rd SE, Rio Rancho, NM 87124 since 28 July 2018 and is currently estimated at $299,482, approximately $221 per square foot. This property was built in 1985. 2501 Lema Rd SE is a home located in Sandoval County with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho 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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