NOT LISTED FOR SALE

2581 Lema Rd SE Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $293,000 - $325,000

3 Beds
2 Baths
1,476 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 02, 2018

Current estimated payment $1,824/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Wooded Lot
  • Skylights
  • Martin Luther King Jr. Elementary School Rated A
  • Private Yard
  • 5-minute walk to Snead Park

About This Home

As of August 2018

Come and take a look at this completely renovated Rio Rancho Gem! This lovely property contains **No Poly Pipes**, new roof, all new flooring, granite countertops (kitchen/Bathrooms), new paint, new a/c and so much more! This gem of a home will not last long!

Last Agent to Sell the Property

Gilbert Gallegos

Re/Max Exclusive Listed on: 06/14/2018

Last Buyer's Agent

Rita Marez

Coldwell Banker Legacy License #51548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Fenced
  • Xeriscape Landscape
  • Wooded Lot
  • Private Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 1,476 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Panorama Heights West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012069180122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: East on Southern to Nicklaus Dr SE. North on Nicklaus to Lema Rd SE. West on Lema Rd SE the property is to the right.
  • Listing Contract Date: 2018-06-14
  • Year Built: 1985
  • Lot Size Acres: 0.27
  • Subdivision Name: Panorama Heights West
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Construction
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Range Hood
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Main Level Master, Skylights, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1476.0
  • Window Features: Single Pane, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Roof: Shingle
  • Fencing: Wall
  • Lot Features: Landscaped, Trees, Xeriscape
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco, Rock
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Current Use: Subdivision
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 1012069180122
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1213.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 2, 2018
Sold by
Romero Phillip Edward and Romero Guadalupe
Bought by
Marez Albert J
Seller's Agent
Gilbert Gallegos
Re/Max Exclusive
Buyer's Agent
Rita Marez
Coldwell Banker Legacy
List Price
$172,500
Current Estimated Value
$313,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$169,265
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2018
Closed on
Mar 23, 2018
Sold by
Wilsey Damon Erie
Bought by
Romero Phillip Esward and Romero Guadalupe
Seller's Agent
Andrew Medina
ROC Real Estate Partners
Buyer's Agent
Gilbert Gallegos
Re/Max Exclusive
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
218.46%
Original Mortgage
$92,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Marez Albert J -- Stewart Title
Romero Phillip Esward -- Fidelity Nat Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marez Albert J $106,000
Closed Marez Albert J $169,265
Closed Marez Albert $7,500
Previous Owner Willsey Damon Eric $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold -- -- --
06/19/2018 06/19/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $172,500 +50.0% $117 / Sq Ft
03/23/2018 03/23/18 Sold -- -- --
02/03/2018 02/03/18 Pending -- -- --
02/03/2018 02/03/18 For Sale $115,000 -- $78 / 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 $1,859 $55,196 $12,157 $43,039
2024 $1,829 $53,589 $11,752 $41,837
2023 $1,829 $52,028 $11,516 $40,512
2022 $1,773 $50,512 $11,250 $39,262
2021 $1,758 $49,041 $11,250 $37,791
2020 $1,704 $47,613 $0 $0
2019 $1,664 $46,226 $0 $0
2018 $1,132 $34,009 $0 $0
2017 $1,084 $33,018 $0 $0
2016 $1,214 $33,018 $0 $0
2014 $1,173 $33,018 $0 $0
2013 -- $31,018 $9,106 $21,912
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gilbert Gallegos

    RE/MAX

  • A

    Seller's Agent in 2018

    Andrew Medina

    ROC Real Estate Partners

  • R

    Buyer's Agent in 2018

    Rita Marez

    Coldwell Banker Legacy

See All Agents

Map

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

MLS Number: 921242

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-180-122

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights West

2581 Lema Rd SE, Rio Rancho, NM

This home is located at 2581 Lema Rd SE, Rio Rancho, NM 87124 since 14 June 2018 and is currently estimated at $313,127, approximately $212 per square foot. This property was built in 1985. 2581 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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