NOT LISTED FOR SALE

2841 W Island Loop SE Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $470,055 - $560,000

4 Beds
3 Baths
2,803 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 12, 2023

Current estimated payment $3,548/month

46 Days on Market

Highlights

  • 1 Fireplace
  • Separate Formal Living Room
  • Covered Patio or Porch
  • Martin Luther King Jr. Elementary School Rated A
  • Private Yard
  • 1-minute walk to A Park Above

About This Home

As of January 2023

Don't miss this gorgeous home in Rio Rancho! Quiet neighborhood, with close proximity to shopping and restaurants. This home features four generous sized rooms, formal and informal dining, two living room spaces, and oak trim accents. Master bedroom features his/her sinks and closets, and an enclosed master patio. Split garage would make the perfect game room! Tankless water heater installed around 2011. Roof recently replaced with a transferable 7-year warranty. Stop by for a tour today!

Last Agent to Sell the Property

Sean Hellmann

Keller Williams Realty Listed on: 10/27/2022

Keller Williams Realty

Co-Listed By

Sean Hellman

Keller Williams Realty License #40382

Last Buyer's Agent

Thomas Gallegos

Berkshire Hathaway NM Prop License #45240

Berkshire Hathaway NM Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1996

Lot Details

  • 9,409 Sq Ft Lot
  • North Facing Home
  • Private Yard

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,803 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Open Floorplan
  • Washer and Gas Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common areas

Listing and Financial Details

  • Assessor Parcel Number 1012069307113

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,940

Year Built

Built in 1996

Lot Details

0

HOA Fees

$528 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Heading West on Paseo del Norte, take exit #232 and follow signs for NM-45. Turn left onto Irving Blvd NW. Turn right onto Golf Course Rd NW. Turn right onto Jane Circle SE. Turn left onto Sara Rd SE. Road name changes to Country Club Dr SE. At the roundabout, take the 3rd exit for Broadmoor Blvd SE. Turn left onto Nicklaus Dr SE. Turn left onto W Island Dr SE. Turn right onto W Island Loop SE
  • Year Built: 1996
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: KWLR01
  • Co List Office Phone: (505) 271-8200
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Microwave
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Garden Tub/Roman Tub, Living/Dining Room, Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2803.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Shingle
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 528.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9409.0
  • Parcel #: 1012069307113
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2939.88

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jan 11, 2023
Sold by
Shea Brian G and Shea Olivia M
Bought by
Ma Runfa and Ma Trang
Seller's Agent
Sean Hellmann
Keller Williams Realty
Buyer's Agent
Thomas Gallegos
Berkshire Hathaway NM Prop
List Price
$425,000
Views
40
Current Estimated Value
$494,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$377,580
Outstanding Balance
$365,667
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$129,097

Purchase Details

Closed on
Jul 18, 2011
Sold by
Aurora Ln Svcs Llc
Bought by
Shea Brian G and Archibeque Olivia
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
Ma Runfa -- Fidelity National Title
Shea Brian G $293,750 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Runfa $377,580
Closed Shea Brian G $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2023 01/12/23 Sold -- -- --
12/13/2022 12/13/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $425,000 0.0% $152 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $425,000 -- $152 / 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 $5,157 $147,390 $19,320 $128,070
2024 $3,028 $143,097 $19,320 $123,777
2023 $3,028 $82,844 $19,320 $63,524
2022 $2,940 $80,432 $19,320 $61,112
2021 $2,918 $78,089 $19,320 $58,769
2020 $2,833 $75,815 $0 $0
2019 $2,852 $75,815 $0 $0
2018 $2,878 $81,332 $0 $0
2017 $2,758 $78,963 $0 $0
2016 $3,090 $78,963 $0 $0
2014 $2,987 $78,963 $0 $0
2013 -- $78,963 $12,749 $66,214
Source: Public Records

Agents Affiliated with this Home

  • Sean Hellmann

    Seller's Agent in 2023

    Sean Hellmann

    Keller Williams Realty

    (505) 453-3002

    2 in this area

    216 Total Sales

    Sean Hellmann
    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sean Hellman

    Keller Williams Realty

    (505) 453-3002

    1 in this area

    96 Total Sales

    Sean Hellman
    Section Image
  • Thomas Gallegos

    Buyer's Agent in 2023

    Thomas Gallegos

    Berkshire Hathaway NM Prop

    (505) 261-8687

    1 in this area

    189 Total Sales

    Thomas Gallegos
    Section Image
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Map

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

MLS Number: 1024997

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-307-113

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights West

2841 W Island Loop SE, Rio Rancho, NM

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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