NOT LISTED FOR SALE

2873 W Island Loop Rio Rancho, NM 87124

Panorama Heights West Neighborhood

Estimated Value: $494,000 - $552,000

4 Beds
3.5 Baths
3,050 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2020

Current estimated payment $3,712 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1996

Lot Details

  • 10,890 Sq Ft 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

0.25 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
John Long
Coldwell Banker Legacy
Buyer's Agent
Voula Chronis
Coldwell Banker Legacy
List Price
$405,000
Current Estimated Value
$526,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$367,600
Outstanding Balance
$318,723
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$208,201
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panorama Heights West, NM

  • Sandi Pressley Real Estate Agent - Coldwell Banker Legacy

    Sandi Pressley

    Coldwell Banker Legacy

    (505) 381-5241

    897 Total Sales

    5 in Panorama Heights West

    $148K - $315K Price Range

    Sandi Pressley
     Section Image
  • Veronica Gonzales Real Estate Agent - Keller Williams Realty

    Veronica Gonzales

    Keller Williams Realty

    (505) 985-7169

    344 Total Sales

    1 in Panorama Heights West

    $310,000 Price

    Veronica Gonzales
     Section Image
  • Mark Carlisle Real Estate Agent - Berkshire Hathaway Home Svc NM

    Mark Carlisle

    Berkshire Hathaway Home Svc NM

    (505) 560-3375

    213 Total Sales

    3 in Panorama Heights West

    $143K - $280K Price Range

    Mark Carlisle
     Section Image
  • The Bader RE Team Real Estate Agent - Keller Williams Realty

    The Bader RE Team

    Keller Williams Realty

    (505) 421-5511

    219 Total Sales

    2 in Panorama Heights West

    $150K - $185K Price Range

    The Bader RE Team
     Section Image
  • Jimmy Montoya Real Estate Agent - Simply Real Estate

    Jimmy Montoya

    Simply Real Estate

    (505) 302-2324

    32 Total Sales

    1 in Panorama Heights West

    $317,000 Price

    Jimmy Montoya
     Section Image
  • Cecilia Chavez Real Estate Agent - Realty One of New Mexico

    Cecilia Chavez

    Realty One of New Mexico

    (505) 614-8998

    97 Total Sales

    1 in Panorama Heights West

    $165,000 Price

    Cecilia Chavez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewarty
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - Coldwell Banker Legacy

    Seller's Agent in 2020

    John Long

    Coldwell Banker Legacy

    (505) 892-3214

    2 in this area

    227 Total Sales

    John Long
    Section Image
  • Voula Chronis Real Estate Agent - Coldwell Banker Legacy

    Buyer's Agent in 2020

    Voula Chronis

    Coldwell Banker Legacy

    (505) 883-6536

    1 in this area

    38 Total Sales

    Voula Chronis
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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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