NOT LISTED FOR SALE

2872 W Island Loop SE Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $482,000 - $578,000

5 Beds
3.5 Baths
3,118 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 18, 2019

Current estimated payment $3,608/month

61 Days on Market

Highlights

  • A-Frame Home
  • Attic
  • Private Yard
  • Martin Luther King Jr. Elementary School Rated A
  • Great Room
  • 1-minute walk to A Park Above

About This Home

As of December 2019

We invite you to start your next chapter in this beautiful, high end home today! As you pull up to visit this home, you'll notice elegant brick exterior. There is a newer roof as well as Renewal By Anderson windows ensuring your new home is efficient all year round. The 3 car garage gives you plenty of space and wait till you see the gorgeous features inside! This home welcomes you with soaring ceilings and tons of natural light throughout. The remodeled kitchen offers an abundance of space for entertaining! The main floor master retreat offers a beautiful remodeled bathroom with granite countertops. There are two A/C units for each floor as well as a cozy fireplace. The backyard is where you'll host parties and find some peace around the water feature. This home is just waiting for you!

Last Agent to Sell the Property

Erika Carpenter

Berkshire Hathaway NM Prop Listed on: 09/11/2019

Last Buyer's Agent

Debbie Baca Shrock

Realty One of New Mexico License #20572

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1996

Lot Details

  • 9,148 Sq Ft Lot
  • East Facing Home
  • Landscaped
  • Sprinklers on Timer
  • Private Yard
  • Lawn

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,118 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Multiple Living Areas
  • Home Office
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jack-and-Jill Bathroom
  • Dual Sinks

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Utilities

  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Built by Oppel-Jenkins
  • Enclave At Rio Rancho Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012069282142

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,406

Year Built

Built in 1996

Lot Details

0

HOA Fees

$480 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: West on Southern ** North on Country Club ** West on Broadmoor ( through the roundabout ) Left on Nicklaus ** Left on West Island Loop
  • Year Built: 1996
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Subdivision Name: Enclave At Rio Rancho
  • Architectural Style: A-Frame
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Cooktop, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Attic, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Home Office, Jack and Jill Bath, Living/Dining Room, Multiple Living Areas, Main Level Primary, Skylights
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3118.0
  • Window Features: Vinyl, Skylight(s)

Exterior Features

  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped, Sprinklers Automatic
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Oppel-Jenkins
  • Construction Type: Brick, Frame
  • Direction Faces: East
  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Storage

Utilities

  • Cooling: Multi Units, Refrigerated
  • Heating: Central, Forced Air, Multiple Heating Units
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 480.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 1012069282142
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 3405.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Dec 18, 2019
Sold by
Mckinney Joe W and Mckinney Sara C
Bought by
Edwards Brian J and Baker Kaitlyn D
Seller's Agent
Erika Carpenter
Berkshire Hathaway NM Prop
Buyer's Agent
Debbie Baca Shrock
Realty One of New Mexico
List Price
$375,000
Current Estimated Value
$525,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$351,500
Outstanding Balance
$309,898
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$213,618

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 16, 2015
Sold by
Brookfield Relocation Inc
Bought by
Mckinney Joe W and Mckinney Sara C
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Bobby Martinez
RE/MAX SELECT
List Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$315,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 27, 2015
Sold by
Rakes Lonny W and Rakes Wendy C
Bought by
Brookfield Relocation Inc
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Bobby Martinez
RE/MAX SELECT
List Price
$359,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,250
Interest Rate
3.91%
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
Edwards Brian J -- Old Republic Natl Ttl Ins Co
Mckinney Joe W -- Fidelity National Title
Brookfield Relocation Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Brian J $351,500
Previous Owner Mckinney Joe W $315,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2019 12/18/19 Sold -- -- --
11/19/2019 11/19/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $375,000 0.0% $120 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $375,000 +4.2% $120 / Sq Ft
06/26/2015 06/26/15 Sold -- -- -- View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $359,900 -- $126 / 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 $4,503 $128,679 $19,320 $109,359
2024 $4,433 $124,931 $19,320 $105,611
2023 $4,433 $121,292 $19,320 $101,972
2022 $4,304 $117,760 $19,320 $98,440
2021 $4,272 $114,330 $19,320 $95,010
2020 $4,147 $111,000 $0 $0
2019 $3,127 $83,116 $0 $0
2018 $3,274 $92,529 $0 $0
2017 $3,406 $97,500 $0 $0
2016 $3,815 $97,500 $0 $0
2014 $3,167 $83,721 $0 $0
2013 -- $83,721 $14,260 $69,461
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Erika Carpenter

    Berkshire Hathaway NM Prop

  • Debbie Baca Shrock

    Buyer's Agent in 2019

    Debbie Baca Shrock

    Realty One of New Mexico

    (505) 934-1650

    1 in this area

    74 Total Sales

    Debbie Baca Shrock
    Section Image
  • John Long

    Seller's Agent in 2015

    John Long

    Coldwell Banker Legacy

    (505) 892-3214

    2 in this area

    225 Total Sales

    John Long
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Amanda Gessler

    Coldwell Banker Legacy

    (505) 761-9606

    151 Total Sales

    Amanda Gessler
    Section Image

  • B

    Buyer's Agent in 2015

    Bobby Martinez

    RE/MAX

See All Agents

Map

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

MLS Number: 953710

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-282-142

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights West

2872 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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