NOT LISTED FOR SALE

2873 W Island Loop Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $505,910 - $560,000

4 Beds
3.5 Baths
3,050 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 28, 2020

Current estimated payment $3,619/month

7 Days on Market

Highlights

  • Separate Formal Living Room
  • High Ceiling
  • Home Office
  • Martin Luther King Jr. Elementary School Rated A
  • Private Yard
  • 1-minute walk to A Park Above

About This Home

As of August 2020

So excited to present this spectacular home in The Enclave! This never before offered home has been meticulously maintained and loved for the past 24 years. Remodeled staircase and banister sets the tone when you step into the foyer. Upgraded flooring highlights the living spaces throughout. French doors open up to a private office with 2-way fireplace. Comfortable & cozy family room leads to wide open kitchen with handsome oak cabinetry and upgraded appliances. The inviting backyard is a picture right out of Pinterest! Expansive and groomed from every corner. Awesome covered patio from second story overlooks backyard and private park. Master bedroom is comfortable and highlighted with plantation shutters. Don't miss this one!!

Last Agent to Sell the Property

John Long

Coldwell Banker Legacy License #26237 Listed on: 07/14/2020

Coldwell Banker Legacy

Last Buyer's Agent

Voula Chronis

Coldwell Banker Legacy License #37255

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1996

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Landscaped
  • Private Yard
  • Lawn

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • Property has 2 Levels
  • Bookcases
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Three Sided Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Built by Oppel- Jenkins

Listing and Financial Details

  • Assessor Parcel Number 1012069298132

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,548

Year Built

Built in 1996

Lot Details

0

HOA Fees

$420 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Nicklaus & Broadmoor ** West to West Island Loop ** Left to property
  • Year Built: 1996
  • Lot Size Acres: 0.25
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Dishwasher, Microwave, Range Hood, Self Cleaning Oven
  • Interior Amenities: Breakfast Bar, Bookcases, Breakfast Area, Bathtub, Ceiling Fan(s), Cove Ceiling, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Home Office, Multiple Living Areas, Pantry, Skylights, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Glass Doors, Multi-Sided
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3050.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Patio, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Oppel- Jenkins
  • Construction Type: Brick, Brick Veneer, Frame
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

  • Cooling: Evaporative Cooling, 2 Units
  • Electric: None
  • Heating: Central, Forced Air, Multiple Heating Units, Natural Gas
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1012069298132
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 3547.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 28, 2020
Sold by
Valley Michael T and Valley Kim E
Bought by
Guerrero Christopher D and Guerrero Veronica
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Voula Chronis
Coldwell Banker Legacy
List Price
$405,000
Current Estimated Value
$534,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$367,600
Outstanding Balance
$326,221
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$208,757
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
Guerrero Christopher D -- Stewarty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Christopher D $367,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold -- -- --
07/19/2020 07/19/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $405,000 -- $133 / 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 $4,792 $136,956 $19,320 $117,636
2024 $4,719 $132,967 $19,320 $113,647
2023 $4,719 $129,094 $19,320 $109,774
2022 $4,581 $125,334 $19,320 $106,014
2021 $4,546 $121,684 $19,320 $102,364
2020 $3,629 $97,139 $0 $0
2019 $3,548 $94,310 $0 $0
2018 $3,240 $91,564 $0 $0
2017 $3,105 $88,897 $0 $0
2016 $3,479 $88,897 $0 $0
2014 $3,363 $88,897 $0 $0
2013 -- $88,897 $13,131 $75,766
Source: Public Records

Agents Affiliated with this Home

  • John Long

    Seller's Agent in 2020

    John Long

    Coldwell Banker Legacy

    (505) 892-3214

    2 in this area

    225 Total Sales

    John Long
    Section Image
  • Voula Chronis

    Buyer's Agent in 2020

    Voula Chronis

    Coldwell Banker Legacy

    (505) 883-6536

    1 in this area

    47 Total Sales

    Voula Chronis
    Section Image
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Map

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

MLS Number: 972530

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-298-132

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights West

2873 W Island Loop, 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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