NOT LISTED FOR SALE

388 Branding Iron Rd SE Rio Rancho, NM 87124

Western Hills Neighborhood

Estimated Value: $289,000 - $326,642

2 Beds
2.5 Baths
1,645 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 20, 2020

Current estimated payment $1,894/month

89 Days on Market

Highlights

  • 0.5 Acre Lot
  • Deck
  • 2 Car Attached Garage
  • Martin Luther King Jr. Elementary School Rated A
  • Skylights
  • Storm Windows

About This Home

As of February 2020

Price reduction, BELOW appraised value!!! Welcome to this hidden Gem located in central Rio Rancho. This Home sits on a half of an Acre and it offers Refrigerated Air, NO carpet.Spacious floorplan features, TWO very Large Master bedrooms both features glass sliding doors that leads Backyard. Landscaped backyard features grass, mature trees, pergola and side yard access.The kitchen offers a custom pantry with lots of storage throughout.Enclosed front patio for the beautiful Fall Rio Rancho evenings.Make this Home yours!

Last Agent to Sell the Property

Valerie Almanzar

Keller Williams Realty License #44186 Listed on: 10/11/2019

Keller Williams Realty

Co-Listed By

Gisele Serpa

Keller Williams Realty License #51809

Last Buyer's Agent

Patricia Homburg

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,037

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • West Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Board and Batten Siding
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,645 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Shower Only
  • Separate Shower

Home Security

  • Window Bars
  • Security Gate
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Covered Courtyard

Schools

  • Martin L King Jr Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1012069098215104034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,037

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern and Western Hills,North on Western Hills to Lema,West on Lema to Branding Iron,North West on Branding Iron to Property.
  • Listing Contract Date: 2019-09-05
  • Year Built: 1983
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Co List Office Mls Id: KWLR03
  • Co List Office Phone: (505) 897-1100
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Range Hood, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Pantry, Shower Only, Skylights, Separate Shower, Tub Shower, Cable TV
  • Stories: 1
  • Other Equipment: Satellite Dish
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1645.0
  • Window Features: Storm Window(s), Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Deck, Fence, Private Yard
  • Roof: Composition, Pitched, Shingle
  • Fencing: Back Yard, Gate, Wall, Wrought Iron
  • Lot Features: None, Planned Unit Development
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Board & Batten Siding, Brick, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Martin L King Jr
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1012069098215104034
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1037.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 20, 2020
Sold by
Lien Anna M
Bought by
Vigil Roseann Teresa
Seller's Agent
Valerie Almanzar
Keller Williams Realty
Buyer's Agent
Patricia Homburg
Realty One of New Mexico
List Price
$180,000
Current Estimated Value
$308,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$124,800
Outstanding Balance
$111,438
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$197,562

Purchase Details

Closed on
Oct 13, 2008
Sold by
Mericle Jerry E
Bought by
Lien Greg
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
Vigil Roseann Teresa -- Old Republic Natl Ttl Ins Co
Lien Greg -- Us Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigil Roseann Teresa $124,800
Previous Owner Lien Gregory L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold -- -- --
01/08/2020 01/08/20 Pending -- -- --
12/31/2019 12/31/19 Price Changed $155,000 -6.1% $94 / Sq Ft
11/19/2019 11/19/19 Price Changed $165,000 -4.3% $100 / Sq Ft
11/05/2019 11/05/19 Price Changed $172,500 -1.4% $105 / Sq Ft
10/21/2019 10/21/19 Price Changed $175,000 -2.8% $106 / Sq Ft
10/11/2019 10/11/19 For Sale $180,000 -- $109 / 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 $2,267 $63,870 $11,231 $52,639
2023 $2,267 $62,010 $10,421 $51,589
2022 $2,201 $60,204 $9,780 $50,424
2021 $2,184 $58,451 $9,780 $48,671
2020 $1,824 $48,817 $0 $0
2019 $1,708 $47,396 $0 $0
2018 $1,557 $46,015 $0 $0
2017 $1,684 $50,192 $0 $0
2016 $1,886 $50,192 $0 $0
2014 $1,823 $50,192 $0 $0
2013 -- $48,192 $8,378 $39,814
Source: Public Records

Agents Affiliated with this Home

  • Valerie Almanzar

    Seller's Agent in 2020

    Valerie Almanzar

    Keller Williams Realty

    (505) 681-6261

    1 in this area

    579 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Gisele Serpa

    Keller Williams Realty

    Section Image

  • P

    Buyer's Agent in 2020

    Patricia Homburg

    Realty One of New Mexico

See All Agents

Map

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

MLS Number: 955806

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-098-215

New Mexico Sandoval County Rio Rancho 87124 Western Hills

388 Branding Iron Rd SE, Rio Rancho, NM

This home is located at 388 Branding Iron Rd SE, Rio Rancho, NM 87124 since 11 October 2019 and is currently estimated at $308,661, approximately $187 per square foot. This property was built in 1983. 388 Branding Iron Rd SE is a home located in Sandoval County with nearby schools including Martin Luther King Jr. 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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