$699,000
SOLD JAN 9, 2025
Last list price

3007 Oculus Loop NE Rio Rancho, NM 87144

6 Beds
3 Baths
3,542 Sq Ft
2.16 Acres

Recently Sold

$197 Per Sq Ft

159 Days on Market

Highlights

  • Barn
  • Stables
  • Wood Burning Stove
  • Enchanted Hills Elementary School Rated A-
  • Custom Home
  • Wooded Lot

About This Home

As of January 2025

Stunning home with 2.16 acres and unobstructed mountain views. Zoned E1 for up to 4 horses. Riding area, barn, stalls, shed, outbuildings, sand volleyball court, paved circular drive, and RV spot with full hookups. The inside of the home features 6 bedrooms, three living rooms, soaring ceilings, and an atrium. The third living room wraps around the atrium, is huge, and has incredible mountain views. Enjoy an XL kitchen with granite countertops, island, peninsula, and booth seating. Exciting flooring upgrades throughout the home. All 3 bathrooms have been remodeled and now feature vessel sinks and custom tile work. 2nd primary room downstairs. New Refrigerated air (2022). Backyard also contains flagstone, gazebo, water feature, and lots of open space.

Last Agent to Sell the Property

Andrew Hostetler

Realty One of New Mexico License #51480 Listed on: 06/13/2024

Realty One of New Mexico

Last Buyer's Agent

Emily Aragon

Realty One of New Mexico License #48775

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 2001

Lot Details

  • 2.16 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Landscaped
  • Wooded Lot
  • Zoning described as E-1

Parking

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

Home Design

  • Custom Home
  • Northern New Mexico Architecture
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,542 Sq Ft Home
  • Property has 2 Levels
  • High Ceiling
  • 2 Fireplaces
  • Wood Burning Stove
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Multiple Living Areas
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Garden Bath

Outdoor Features

  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Sandia Vista Elementary School
  • Rio Rancho Middle School
  • Rio Rancho High School

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Stables

Utilities

  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Water Not Available
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available
  • Private Sewer
  • Phone Available

Community Details

  • Built by Wallen Builders
  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R065663

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,267

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528, turn West on Iris.Turn left on Oculus Loop. It is the second house on the left, and has a green roof.3007 Oculus Loop 87124
  • Listing Contract Date: 2024-06-13
  • Year Built: 2001
  • Horses: Yes
  • Lot Size Acres: 2.16
  • Subdivision Name: Rio Rancho Estates
  • Architectural Style: Custom, Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Ceilings, In-Law Floorplan, Kitchen Island, Multiple Living Areas, Multiple Primary Suites
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3542.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows

Exterior Features

  • Exterior Features: Fence, Private Yard, RV Hookup, RvParkingRV Hookup
  • Roof: Metal
  • Fencing: Back Yard
  • Lot Features: Landscaped, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Wallen Builders
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Other Structures: Barn(s), Corral(s), Gazebo, Outbuilding, Stable(s), Shed(s)
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air, Multiple Heating Units
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Underground Utilities, Water Not Available
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Private Sewer, Septic Tank

Schools

  • Elementary School: Sandia Vista
  • High School: Rio Rancho
  • Middle Or Junior School: Rio Rancho

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 94089.6
  • Parcel #: R065663
  • Zoning Description: E-1

Tax Info

  • Tax Annual Amount: 5266.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jan 9, 2025
Sold by
Crandall Kessel B and Crandall Rebecca S
Bought by
Aragon Emily J and Aragon Joseph L
Seller's Agent
Andrew Hostetler
Realty One of New Mexico
Buyer's Agent
Emily Aragon
Realty One of New Mexico
List Price
$799,000
Sold Price
$615,000
Premium/Discount to List
-$184,000
-23.03%
Total Days on Market
159
Views
101
Current Estimated Value
$645,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,346
Avg. Annual Appreciation
11.85%
Original Mortgage
$584,250
Outstanding Balance
$582,750
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$62,596

Purchase Details

Closed on
Feb 5, 2021
Sold by
Crandall Kessel B and Crandall Rebecca S
Bought by
Crandall Kessell B and Crandall Rebecca S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2019
Closed on
Feb 17, 2020
Sold by
Hoppman Robert A and Hoppman Andrea
Bought by
Crandall Kessel B and Crandall Rebecca S
Seller's Agent
Andrea Hoppman
Coldwell Banker Legacy
Buyer's Agent
Andrew Hostetler
Realty One of New Mexico
List Price
$439,000
Sold Price
$385,000
Premium/Discount to List
-$54,000
-12.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$365,750
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Old Republic National Title In
Warranty Deed -- Old Republic National Title In
Interfamily Deed Transfer -- Fidelity National Ttl Ins Co
Warranty Deed -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,250 New Conventional
Closed $584,250 New Conventional
Previous Owner $412,950 New Conventional
Previous Owner $371,500 New Conventional
Previous Owner $365,750 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold -- -- --
11/20/2024 11/20/24 Pending -- -- --
11/11/2024 11/11/24 Price Changed $699,000 -3.6% $197 / Sq Ft
08/28/2024 08/28/24 Price Changed $725,000 -3.3% $205 / Sq Ft
07/11/2024 07/11/24 Price Changed $750,000 -6.1% $212 / Sq Ft
06/13/2024 06/13/24 For Sale $799,000 +107.5% $226 / Sq Ft
02/14/2020 02/14/20 Sold -- -- --
12/08/2019 12/08/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $385,000 -3.5% $109 / Sq Ft
08/03/2019 08/03/19 Price Changed $399,000 -4.8% $113 / Sq Ft
07/22/2019 07/22/19 Price Changed $419,000 -4.6% $118 / Sq Ft
06/19/2019 06/19/19 For Sale $439,000 -- $124 / 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
2023 $5,267 $144,096 $28,333 $115,763
2022 $5,113 $139,899 $28,333 $111,566
2021 $5,075 $135,825 $28,333 $107,492
2020 $4,107 $109,921 $0 $0
2019 $4,015 $106,720 $0 $0
2018 $3,666 $103,612 $0 $0
2017 $2,887 $82,640 $0 $0
2016 $3,234 $82,640 $0 $0
2014 $3,126 $82,640 $0 $0
2013 -- $82,640 $24,944 $57,696
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1065044

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-072-398-274