NOT LISTED FOR SALE

2521 Garden Rd NE Rio Rancho, NM 87124

Estimated Value: $511,000 - $613,000

0.5 Acre
$1,164,512 Price per Acre
21,780 Sq Ft Lot

Last Sold April 23, 2020

Current estimated payment $2,876/month

188 Days on Market

About This Lot

As of April 2020

Great 1/2 Acre Building Lot (115 x 190) .Utilities in street, water, gas, electric andsewer. Owner financing available.

Last Agent to Sell the Property

Matthew DeAveiro

Coldwell Banker Legacy License #27807 Listed on: 09/25/2019

Coldwell Banker Legacy

Last Buyer's Agent

Sandi Pressley

Coldwell Banker Legacy License #14871

Coldwell Banker Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,102

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 31 / 138
  • Assessor Parcel Number 1012070196246

Property Details

Property Type

Land

Est. Annual Taxes

$1,102

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Hwy 528, west on High Resort Blvd., righton Broadmoor, left on Chessman, lefton Garden Rd.
  • Listing Contract Date: 2019-09-24
  • Lot Size Acres: 0.5
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: None
  • Disclosures: RANM 2100 Disclosure

Utilities

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

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1012070196246
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 43.38
  • Tax Block: 138
  • Tax Lot: 31
  • Tax Tract: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Apr 23, 2020
Sold by
Silbert Michael
Bought by
Chavez David R
Seller's Agent
Matthew DeAveiro
Coldwell Banker Legacy
Buyer's Agent
Sandi Pressley
Coldwell Banker Legacy
List Price
$54,900
Current Estimated Value
$508,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.19%
Original Mortgage
$39,000
Interest Rate
3.3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Sep 25, 2019
Closed on
Apr 1, 2020
Sold by
Silbert Michael
Bought by
Chavez David R
Seller's Agent
Matthew DeAveiro
Coldwell Banker Legacy
Buyer's Agent
Sandi Pressley
Coldwell Banker Legacy
List Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
3.3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 6, 2018
Sold by
Armstrong Daron and Armstrong Melinda Leann
Bought by
Armstrong Melinda Leann and Armstrong Daron
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Matthew DeAveiro
Coldwell Banker Legacy
List Price
$34,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.90%

Purchase Details

Listed on
Aug 6, 2018
Closed on
Sep 5, 2018
Sold by
Armstrong David and Armstrong Daron
Bought by
Silbert Michael
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Matthew DeAveiro
Coldwell Banker Legacy
List Price
$34,000
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
Chavez David R -- None Available
Chavez David R -- None Listed On Document
Chavez David R $51,500 Ort
Armstrong Melinda Leann -- Stewart Title
Silbert Michael -- Stewart Title
Silbert Michael -- Stewart Title
Armstrong Daron -- Stewart Title
Armstrong David Lee -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez David R $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2020 04/23/20 Sold -- -- --
03/31/2020 03/31/20 Pending -- -- --
09/25/2019 09/25/19 For Sale $54,900 +61.5% --
09/05/2018 09/05/18 Sold -- -- --
08/17/2018 08/17/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $34,000 -- --
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 $1,102 $190,379 $31,567 $158,812
2023 $1,102 $26,426 $26,426 $0
2022 $388 $9,293 $9,293 $0
2021 $364 $9,293 $9,293 $0
2020 $364 $9,293 $0 $0
2019 $488 $11,616 $0 $0
2018 $43 $1,089 $0 $0
2017 $49 $1,234 $0 $0
2016 $54 $1,234 $0 $0
2014 $57 $1,379 $0 $0
2013 -- $1,525 $1,525 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 954653

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-070-196-246