NOT LISTED FOR SALE

351 5th Ave SW Rio Rancho, NM 87124

Estimated Value: $264,000

0.5 Acre
$528,000 Price per Acre
21,780 Sq Ft Lot

Last Sold February 22, 2023

Current estimated payment $1,480/month

135 Days on Market

About This Lot

As of February 2023

Nice 1/2 acre lot in Rio Rancho Estates ready for a new home! Manufactured Homes are allowed per city zoning. Electric and water at property line but buyer will need to verify availability, distance, and cost to connect to utilities and available build options. Owner financing available!

Last Agent to Sell the Property

Laura Martinez

N & D Realty & Property Mgmt License #52480 Listed on: 09/28/2022

Last Buyer's Agent

Leticia Gallegos

Realty One of New Mexico License #20313

Realty One of New Mexico

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $306

Lot Details

  • 0.5 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot

Utilities

  • Sewer Not Available

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 72
  • Assessor Parcel Number 1008069465130

Property Details

Property Type

Land

Est. Annual Taxes

$306

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Southern, North on Hondo Rd, East on 5th Avenue SW.
  • Listing Contract Date: 2022-09-22
  • Lot Size Acres: 0.5
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, Residential, Unimproved

Exterior Features

  • Lot Features: Cleared, Gentle Sloping
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Not Available
  • Water Source: Public
  • Sewer: None, Other, See Remarks

Lot Info

  • Topography: Sloping
  • Number of Lots: 1
  • Current Use: Other, Residential, Unimproved
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1008069465130
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 305.84
  • Tax Block: 72
  • Tax Lot: 27
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Rodriguez Jesus Humberto Holguin
Bought by
Checkley Rudolph Charles and Checkley Deborah
Current Estimated Value
$264,000

Purchase Details

Closed on
Nov 20, 2024
Sold by
Flores Gabriela Chavez and Monjaraz Eugenio Gomez
Bought by
Sanchez Lina Beth
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
Checkley Rudolph Charles -- Old Republic National Title In
Sanchez Lina Beth -- None Listed On Document
Sanchez Lina Beth -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold -- -- --
02/11/2023 02/11/23 Pending -- -- --
09/28/2022 09/28/22 For Sale $30,500 -- --
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 $418 $9,365 $9,365 --
2023 $418 $10,019 $10,019 $0
2022 $306 $7,333 $7,333 $0
2021 $182 $4,646 $4,646 $0
2020 $182 $4,646 $0 $0
2019 $58 $1,379 $0 $0
2018 $55 $1,379 $0 $0
2017 $11 $290 $0 $0
2016 $25 $581 $0 $0
2014 $165 $3,993 $0 $0
2013 -- $3,993 $3,993 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1023468

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-008-069-465-130