NOT LISTED FOR SALE

3704 Lost Tree Rd SE Rio Rancho, NM 87124

Panorama Heights East Neighborhood

Estimated Value: $341,000 - $361,000

3 Beds
2 Baths
1,845 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 11, 2021

Current estimated payment $2,171/month

Highlights

  • 1 Fireplace
  • Double Pane Windows
  • Patio
  • Rio Rancho Elementary School Rated A-
  • Evaporated cooling system
  • Tile Flooring

About This Home

As of May 2021

Tenant is purchasing.

Last Agent to Sell the Property

Laura Baker

Absolute Real Estate Listed on: 03/27/2021

Last Buyer's Agent

Jenifer Harrell

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,541

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Northeast Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,845 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Electric Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 1013068284430

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,541

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Going W from Southern and 528, take a right on Peach Tree Rd than take a right on Lost Tree Rd. The property will be the third on your right.
  • Listing Contract Date: 2021-03-16
  • Year Built: 1979
  • Lot Size Acres: 0.26
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1845.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fence
  • Roof: Mixed
  • Fencing: Back Yard
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick Veneer, Frame, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Glass Enclosed, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Lot Info

  • Lot Size Sq Ft: 11326.0
  • Parcel #: 1013068284430
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2540.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 10, 2021
Sold by
Griffith David P
Bought by
Algarotti Paul Mario and Zecchinelli Algarotti Linda
Seller's Agent
Laura Baker
Absolute Real Estate
Buyer's Agent
Jenifer Harrell
Coldwell Banker Legacy
List Price
$265,000
Current Estimated Value
$350,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$247,000
Outstanding Balance
$225,266
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$121,994

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jul 26, 2018
Sold by
Big A Home Innovations Llc
Bought by
Griffith David P
Seller's Agent
NM Home Team
Realty One of New Mexico
Buyer's Agent
Sarah Bennett
Berkshire Hathaway NM Prop
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$238,700
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Sep 2, 2017
Closed on
Dec 18, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Big A Home Innovations Llc
Seller's Agent
Adrian Martinez
Coldwell Banker Legacy
Buyer's Agent
Karen Grinstead
Re/Max Exclusive
List Price
$143,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.57%
Original Mortgage
$117,450
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2017
Sold by
Bokf Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 19, 2016
Sold by
County Of Sandoval
Bought by
Bokf Na and Bank Of Oklahoma
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
Algarotti Paul Mario -- Nmltco
Griffith David P -- Old Republic National Title
Big A Home Innovations Llc -- Old Republic Title Co
The Secretary Of Housing & Urban Develop -- None Available
Bokf Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Algarotti Paul Mario $247,000
Previous Owner Griffith David P $235,440
Previous Owner Griffith David P $238,700
Previous Owner Big A Home Innovations Llc $117,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold -- -- --
03/27/2021 03/27/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $265,000 +65.7% $144 / Sq Ft
07/26/2018 07/26/18 Sold -- -- --
07/07/2018 07/07/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $159,900 +11.8% $87 / Sq Ft
12/19/2017 12/19/17 Sold -- -- --
10/18/2017 10/18/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $143,000 -- $78 / 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 $3,018 $91,220 $17,831 $73,389
2023 $3,018 $88,563 $16,826 $71,737
2022 $2,923 $85,984 $15,594 $70,390
2021 $2,617 $70,042 $15,594 $54,448
2020 $2,541 $68,002 $0 $0
2019 $2,686 $71,405 $0 $0
2018 $2,073 $58,595 $0 $0
2017 $2,050 $58,670 $0 $0
2016 $1,928 $49,278 $0 $0
2014 $1,864 $49,278 $0 $0
2013 -- $49,278 $9,106 $40,172
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laura Baker

    Absolute Real Estate

  • J

    Buyer's Agent in 2021

    Jenifer Harrell

    Coldwell Banker Legacy

  • N

    Seller's Agent in 2018

    NM Home Team

    Realty One of New Mexico

    Section Image

  • S

    Buyer's Agent in 2018

    Sarah Bennett

    Berkshire Hathaway NM Prop

    (850) 960-1812

    30 Total Sales

    Section Image
  • Adrian Martinez

    Seller's Agent in 2017

    Adrian Martinez

    Coldwell Banker Legacy

    (505) 610-3323

    85 Total Sales

    Section Image

  • K

    Buyer's Agent in 2017

    Karen Grinstead

    RE/MAX

See All Agents

Map

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

MLS Number: 988537

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-068-284-430

New Mexico Sandoval County Rio Rancho 87124 Panorama Heights East

3704 Lost Tree Rd SE, Rio Rancho, NM

This home is located at 3704 Lost Tree Rd SE, Rio Rancho, NM 87124 since 27 March 2021 and is currently estimated at $355,436, approximately $192 per square foot. This property was built in 1979. 3704 Lost Tree Rd SE is a home located in Sandoval County with nearby schools including Rio Rancho Elementary School, Rio Rancho 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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