$439,000
SOLD FEB 14, 2020
Last list price

3007 Oculus Loop NE Rio Rancho, NM 87144

6 Beds
3 Baths
3,542 Sq Ft
2.16 Acres

Recently Sold

$124 Per Sq Ft

172 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Deck
  • Enchanted Hills Elementary School Rated A-
  • Atrium Room
  • Wood Burning Stove

About This Home

As of January 2025

Beautiful unobstructed City and Mountain views! Experience breath taking Sunrises and Sunsets from this awesome horse property! Zoned E1 for up to 4 horses. Riding arena, barn, sheds. Huge Kitchen and Sunroom with views of Sandia and city lights, Balloon Fiesta. Some of the bedrooms can be used as Office and workout room. 2 Master bedrooms, one on main. 2.16 acres. Mature landscaping. Pergola with vines. New Video Surveillance. Brand new huge pressure tank, over $1300 in cost June 2019. Two Oversize (Master Cool) Swamp Coolers. One swamp cooler new in fall of 2018. Two natural gas furnaces. All three bathrooms have been updated, almost total remodel. Beautiful Kitchen was mostly updated. New tile and laminate floors, house painted inside. Stone on stairs and behind wood stove

Last Agent to Sell the Property

Andrea Hoppman

Coldwell Banker Legacy License #50567 Listed on: 06/19/2019

Coldwell Banker Legacy

Last Buyer's Agent

Andrew Hostetler

Realty One of New Mexico License #51480

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 2001

Lot Details

  • 2.16 Acre Lot
  • Northwest Facing Home
  • Gated Home
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Wooded Lot
  • Zoning described as E-1

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,542 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Free Standing Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Windows
  • French Doors
  • Sliding Doors
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Atrium Room
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Outdoor Storage

Schools

  • Enchanted Hills Elementary School
  • Rio Rancho Mid High Middle School
  • V. Sue Cleveland High School

Utilities

  • Evaporated cooling system
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Private Water Source
  • Shared Well
  • Well
  • Engineered Septic
  • Septic Tank
  • Phone Connected
  • Cable TV Available

Additional Features

  • Xeriscape Landscape
  • Barn
  • Horses Allowed On Property

Community Details

  • Built by Wallen Builders
  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015072398274

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: 528 North to Iris, go west on Iris for about 1 1/2 miles to Oculus Loop, second house on left with green roof and fenced with gate.
  • Listing Contract Date: 2019-06-19
  • Year Built: 2001
  • Horses: Yes
  • Lot Size Acres: 2.16
  • Road Surface Type: Gravel
  • Subdivision Name: Rio Rancho Estates
  • Architectural Style: Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Convection Oven, Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
  • Interior Amenities: Atrium, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), Great Room, Home Office, Kitchen Island, Multiple Living Areas, Multiple Primary Suites, Pantry, Skylights, Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Free Standing, Glass Doors, Wood Burning Stove, Outside
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3542.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Sliding, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Deck, Fully Fenced, Fence, Fire Pit, Patio, Private Yard, Sprinkler/Irrigation
  • Roof: Metal, Pitched
  • Fencing: Back Yard, Front Yard, Gate
  • Lot Features: Sprinklers Automatic, Trees, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Wallen Builders
  • Construction Type: Frame, Stucco
  • Direction Faces: Northwest
  • Other Structures: Barn(s), Gazebo, Storage
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling, Multi Units
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Central, Forced Air, Multiple Heating Units, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected
  • Water Source: Private, Shared Well, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Engineered Septic, Septic Tank

Schools

  • Elementary School: Enchanted Hills
  • High School: V. Sue Cleveland
  • Middle Or Junior School: Rio Rancho Mid High

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 94089.6
  • Parcel #: 1015072398274
  • Zoning Description: E-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 2886.86

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
Views
101
Current Estimated Value
$636,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$365,750
Interest Rate
3.72%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
2024 $5,267 $148,419 $28,333 $120,086
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: 947387

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-072-398-274