NOT LISTED FOR SALE

Estimated Value: $230,000 - $268,000

2 Beds
1.5 Baths
927 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 23, 2023

Current estimated payment $1,449/month

41 Days on Market

Highlights

  • Wooded Lot
  • High Ceiling
  • Covered Patio or Porch
  • Martin Luther King Jr. Elementary School Rated A
  • Private Yard
  • 1-minute walk to Vista Sandia Park

About This Home

As of August 2023

This cozy two-bedroom patio home is located in the Panorama Heights sub-division of Rio Rancho. The builder was Amrep Southwest, Inc. It would be ideal for first-time home buyers or persons who are looking to downsize. The floor plan is functional and includes a living room and two bedrooms. The dining area is located in the kitchen and looks out over a covered patio and the back yard. The back yard has a pleasant North view. The one-car garage is connected to the residence by a covered porch. The driveway is large enough to accommodate two parked vehicles. The front and side yard require minimal maintenance. The neighborhood is close to shopping, entertainment, restaurants, schools and the Vista Sandia Park is right around the corner.

Last Agent to Sell the Property

Robert Sutton

Keller Williams Realty License #42483 Listed on: 06/13/2023

Keller Williams Realty

Last Buyer's Agent

Sara McKinney

Coldwell Banker Legacy License #54720

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 1985

Lot Details

  • 5,227 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Wooded Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Masonite

Interior Spaces

  • 927 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Sliding Windows

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Martin L King Jr Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

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

Community Details

  • Built by Amrep
  • Panorama Heights North 2 Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1012069297362

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Pat D'Arco Hwy. (Rt. 528) and Southern Blvd., head West on Southern Blvd. to Nicklaus Drive. Turn right (North) on Nicklaus to Panorama Heights Drive. Turn left (North) on Panorama. Turn left (West) on Maricopa Drive SE and proceed to 2625 on the right.
  • Listing Contract Date: 2023-06-08
  • Year Built: 1985
  • Lot Size Acres: 0.12
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Panorama Heights North 2
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), High Ceilings, Main Level Master
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 927.0
  • Window Features: Metal, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Privacy Wall, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Landscaped, Planned Unit Development, Trees
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Amrep
  • Construction Type: Frame, Masonite, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Martin L King Jr
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 1012069297362
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1244.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 23, 2023
Sold by
Turner Stephen D
Bought by
Edelen Karen
Seller's Agent
Robert Sutton
Keller Williams Realty
Buyer's Agent
Sara McKinney
Coldwell Banker Legacy
List Price
$220,000
Views
126
Current Estimated Value
$246,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$220,924
Outstanding Balance
$216,860
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$23,843

Purchase Details

Closed on
Feb 27, 2002
Sold by
Caruso Revocable Trust
Bought by
Turner Stephen D and Turner Neda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.81%
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
Edelen Karen -- Fidelity National Title
Turner Stephen D $87,248 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edelen Karen $220,924
Closed Edelen Karen $9,000
Previous Owner Turner Stephen D $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold -- -- --
07/24/2023 07/24/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $225,000 +2.3% $243 / Sq Ft
07/24/2023 07/24/23 For Sale $220,000 0.0% $237 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $220,000 -- $237 / 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 $1,282 $72,853 $14,217 $58,636
2023 $1,282 $35,072 $6,472 $28,600
2022 $1,245 $34,051 $6,195 $27,856
2021 $1,235 $33,059 $6,195 $26,864
2020 $1,199 $32,097 $0 $0
2019 $1,172 $31,162 $0 $0
2018 $1,070 $30,254 $0 $0
2017 $1,026 $29,374 $0 $0
2016 $1,149 $29,374 $0 $0
2014 $1,111 $29,374 $0 $0
2013 -- $29,374 $7,504 $21,870
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1036069

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-297-362