NOT LISTED FOR SALE

301 Geraldine Loop SE Rio Rancho, NM 87124

Solar Village-Mid-Unser Neighborhood

Estimated Value: $520,000 - $566,547

2 Beds
1 Bath
3,176 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 18, 2024

Current estimated payment $3,235/month

1 Day on Market

Highlights

  • Refrigerated Cooling System
  • Tile Flooring
  • Community Storage Space
  • Maggie Cordova Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of April 2024

Four plex in great location. All 4 units are 2 bedroom 1 bath. Potential for income producing investment. Converted to Refridgerated air 2022, all furnaces were replaced in 2022, TPO roof 2019, all tiled, each unit has a car port nice views of the Sandias. Currently 1 unit vacant for viewing, the 3 others are on Month to Month. Nice size lot. Mintues to Southern and Unser close to shopping, Plenty of parking. Nice size corner lot. Come check this out. Do not bother tenants.

Last Agent to Sell the Property

Mary Jane Martinez

Signature Real Estate License #45190 Listed on: 03/04/2024

Signature Real Estate

Last Buyer's Agent

KARLA CASTRO

The M Real Estate Group License #48303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Additional Parcels

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,176 Sq Ft Home
  • Property has 2 Levels
  • Tile Flooring

Kitchen

  • Free-Standing Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

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

Community Details

  • 3,176 Sq Ft Building
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1011069280183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,093

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Unser and Southern continue north to 5th turn left (west) to 18th turn right (north) to corner of 18th and Geraldine Loop.
  • Listing Contract Date: 2024-03-03
  • Year Built: 1978
  • Lot Size Acres: 0.34
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Free-Standing Electric Range, Refrigerator, Range Hood, Washer
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3176.0
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 14810.0
  • Additional Parcels: Yes
  • Parcel #: 1011069280183
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3092.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 18, 2024
Sold by
Tru Homes Llc
Bought by
Parker Lonney K and Parker Amber Hillis
Seller's Agent
Mary Jane Martinez
Signature Real Estate
Buyer's Agent
KARLA CASTRO
The M Real Estate Group
List Price
$545,000
Views
16
Current Estimated Value
$545,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$408,750
Outstanding Balance
$403,764
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$153,104

Purchase Details

Closed on
Nov 9, 2022
Sold by
Trujillo Jude
Bought by
Tru Homes Llc

Purchase Details

Closed on
Apr 20, 2022
Sold by
Tru Homes Llc
Bought by
Trujillo Jude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,800
Interest Rate
3.09%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 26, 2019
Closed on
Jul 31, 2019
Sold by
Trujillo Jude and Trujillo Whitney M
Bought by
Trujillo Jude and Trujillo Whitney M
Seller's Agent
Elias Medina
Realty One of New Mexico
Buyer's Agent
Mary Jane Martinez
New Mexico Real Living Realtors
List Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$204,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2012
Closed on
Sep 28, 2012
Sold by
Lynch Phyllis M
Bought by
Foster William D and Foster Sheila N
Seller's Agent
Carol Tepper
Visions Realty Plus
Buyer's Agent
Alfonso Camargo
Keller Williams Realty
List Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.11%
Original Mortgage
$204,232
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parker Lonney K -- Fidelity National Title
Tru Homes Llc -- --
Trujillo Jude -- None Listed On Document
Trujillo Jude -- None Available
Trujillo Jude -- Fidelity National Ttl Ins Co
Foster William D $206,274 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Lonney K $408,750
Closed Parker Lonney K $408,750
Previous Owner Trujillo Jude $293,800
Previous Owner Trujillo Jude $204,000
Previous Owner Foster William D $204,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold -- -- --
03/06/2024 03/06/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $545,000 +109.6% $172 / Sq Ft
07/31/2019 07/31/19 Sold -- -- --
06/29/2019 06/29/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $260,000 +18.7% $82 / Sq Ft
09/28/2012 09/28/12 Sold -- -- --
03/15/2012 03/15/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $219,000 -- $69 / 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 $3,126 $88,077 $10,624 $77,453
2023 $3,126 $85,511 $15,284 $70,227
2022 $3,126 $85,511 $15,284 $70,227
2021 $3,157 $85,511 $15,284 $70,227
2020 $3,102 $83,021 $0 $0
2019 $2,152 $57,204 $0 $0
2018 $1,965 $55,538 $0 $0
2017 $1,884 $53,921 $0 $0
2016 $2,049 $52,350 $0 $0
2014 $1,922 $50,825 $0 $0
2013 -- $50,825 $4,220 $46,605
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mary Jane Martinez

    RE/MAX

    (505) 907-7038

    1 in this area

    26 Total Sales

    Section Image

  • K

    Buyer's Agent in 2024

    KARLA CASTRO

    The M Real Estate Group

    (505) 688-1877

    1 in this area

    40 Total Sales

    Section Image

  • E

    Seller's Agent in 2019

    Elias Medina

    Realty One of New Mexico

    Section Image

  • C

    Seller's Agent in 2012

    Carol Tepper

    Visions Realty Plus

  • A

    Buyer's Agent in 2012

    Alfonso Camargo

    Keller Williams Realty

See All Agents

Map

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

MLS Number: 1058150

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-069-280-183

New Mexico Sandoval County Rio Rancho 87124 Solar Village-Mid-Unser

301 Geraldine Loop SE, Rio Rancho, NM

This home is located at 301 Geraldine Loop SE, Rio Rancho, NM 87124 since 04 March 2024 and is currently estimated at $545,849, approximately $171 per square foot. This property was built in 1978. 301 Geraldine Loop SE is a home located in Sandoval County with nearby schools including Maggie Cordova Elementary School, Lincoln Middle School, and Rio Rancho High School.

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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