NOT LISTED FOR SALE

318 Riggs St Rio Communities, NM 87002

Estimated Value: $282,000 - $326,311

3 Beds
2 Baths
1,908 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 24, 2022

Current estimated payment $1,806/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.43 Acre Lot
  • Separate Formal Living Room
  • Solar Power System
  • Wood Burning Stove
  • Corner Lot

About This Home

As of March 2022

Check out this beautiful brick home on 1.4 acres in Rio Communities ready for its new owner! 3 bedrooms, 2 bathrooms, large living area and cozy wood burning stove are just some of the charming features. Upgrades include: New roof and evaporative cooler in 2019, furnace and hot water heater in 2018 and OWNED solar in 2020. Beautiful laminate flooring throughout with an open floor plan perfect for entertaining. Formal dining room or living room- you decide. Great kitchen with family eating area complete with bay window overlooking the backyard. Large covered patio with fenced yard, RV hook-up and backyard access. Great views the Manzano Mountains and plenty of room for all your fourlegged friends or plant a large garden. Come check this one out!

Last Agent to Sell the Property

Wendy Wallace

Realty One of New Mexico, LLC License #19042 Listed on: 02/15/2022

Realty One of New Mexico, LLC

Last Buyer's Agent

Laura Cordova

Regal Real Estate Experts License #54911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1971

Lot Details

  • 1.43 Acre Lot
  • Northwest Facing Home
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Partial Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Rubber Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Belen Middle School
  • Belen High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Tank

Additional Features

  • Solar Power System
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1 010 027 197 164 100200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Hwy 47 in Belen, turn left (East) onto Goodman Rd. Then turn right (South) onto Damon St and left (East) onto Riggs St to property.
  • Listing Contract Date: 2022-02-14
  • Year Built: 1971
  • Horses: Yes
  • Lot Size Acres: 1.43
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Wood Burning, Wood BurningStove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1908.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fence, Private Yard, RV Hookup
  • Roof: Membrane, Pitched, Rubber, Shingle
  • Fencing: Back Yard
  • Lot Features: Corner Lot, Landscaped, Sprinklers Partial
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick, Frame, Stucco
  • Direction Faces: Northwest
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • High School: Belen
  • Middle Or Junior School: Belen

Green Features

  • Green Power: Solar

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 62291.0
  • Parcel #: 1 010 027 197 164 100200
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1339.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 23, 2022
Sold by
Fuller Robert J and Fuller Frances J
Bought by
Martin William Michael
Seller's Agent
Wendy Wallace
Realty One of New Mexico, LLC
Buyer's Agent
Laura Cordova
Regal Real Estate Experts
List Price
$250,000
Current Estimated Value
$297,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$270,019
Outstanding Balance
$253,827
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$43,251

Purchase Details

Closed on
Oct 3, 2021
Sold by
Fuller Frances
Bought by
Fuller Robert and Fuller Frances J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,062
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2017
Closed on
Jan 26, 2018
Sold by
Fuller Robert and Fuller Frances
Bought by
Fuller Frances and Fuller Robert
Seller's Agent
Reuben Martin
Hopkins Real Estate
Buyer's Agent
Wendy Wallace
Keller Williams Realty
List Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$143,100
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Turley Beverly and Perea Jan
Bought by
Perea Jan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,700
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Primacy Closing Corp
Bought by
Turley Beverly and Perea Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Martin William Michael -- Fidelity National Title
Fuller Robert -- Fidelity National Ttl Ins Co
Fuller Frances -- Fidelity National Title Inc
Perea Jan L -- Fidelity National Title Comp
Turley Beverly -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin William Michael $270,019
Previous Owner Fuller Robert $178,062
Previous Owner Fuller Frances $143,100
Previous Owner Perea Jan L $125,500
Previous Owner Perea Jan L $148,700
Previous Owner Turley Beverly $114,000
Closed Martin William Michael $8,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold -- -- --
02/18/2022 02/18/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $250,000 +51.5% $131 / Sq Ft
01/26/2018 01/26/18 Sold -- -- --
12/12/2017 12/12/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $165,000 -- $88 / 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 $2,403 $91,666 $8,333 $83,333
2023 $2,434 $91,666 $8,333 $83,333
2022 $1,018 $38,581 $8,333 $30,248
2021 $1,339 $54,420 $10,987 $43,433
2020 $1,317 $52,835 $10,667 $42,168
2019 $1,313 $52,835 $10,667 $42,168
2018 $990 $42,167 $7,722 $34,445
2017 $972 $41,518 $7,722 $33,796
2016 $931 $40,309 $7,722 $32,587
2015 -- $39,135 $7,722 $31,413
2013 -- $36,889 $7,722 $29,167
2011 -- $107,442 $22,491 $84,951
Source: Public Records

Agents Affiliated with this Home

  • Wendy Wallace

    Seller's Agent in 2022

    Wendy Wallace

    Realty One of New Mexico, LLC

    (505) 250-2707

    3 in this area

    71 Total Sales

    Wendy Wallace
    Section Image
  • Laura Cordova

    Buyer's Agent in 2022

    Laura Cordova

    Regal Real Estate Experts

    (505) 979-0220

    1 in this area

    11 Total Sales

    Laura Cordova
    Section Image

  • R

    Seller's Agent in 2018

    Reuben Martin

    Hopkins Real Estate

    Section Image
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Map

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

MLS Number: 1009006

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-027-197-164-100200

New Mexico Valencia County Rio Communities 87002

318 Riggs St, Rio Communities, NM

This home is located at 318 Riggs St, Rio Communities, NM 87002 since 15 February 2022 and is currently estimated at $297,078, approximately $155 per square foot. This property was built in 1971. 318 Riggs St is a home located in Valencia County with nearby schools including Belen High School and St. Mary's 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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