NOT LISTED FOR SALE

4316 Sabana Loop SE Rio Rancho, NM 87124

Estimated Value: $648,000 - $713,000

2 Beds
2 Baths
4,224 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 14, 2019

Current estimated payment $4,035/month

44 Days on Market

Highlights

  • Fireplace
  • Refrigerated Cooling System
  • Tile Flooring
  • Rio Rancho Elementary School Rated A-
  • Wheelchair Access
  • Landscaped

About This Home

As of February 2019

Four apartments in this building two up stair/two down stair, all rented and well maintained. Features of this complex include....Off-Street Parking, conveniently located, and income earning. All units are complete with refrigerated air-conditioning, ceiling fans, gas fireplaces, washer and dryer, built-in microwaves, and dishwashers.

Last Agent to Sell the Property

Jennifer Alderete

L3 Realty, LLC License #20725 Listed on: 11/24/2018

Last Buyer's Agent

David Ben Nolte

Allen Sigmon Real Estate Group License #19012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 2004

Lot Details

  • 21,780 Sq Ft Lot
  • Landscaped

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,224 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Fireplace

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Hot Water Heating System

Additional Features

  • Wheelchair Access
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1014068157345

Community Details

Overview

  • 4,224 Sq Ft Building
  • Built by Wilger
  • Sabana Grande Tr Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $16,533
  • Gross Income $37,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,856

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: North on Pat D'Arco HWY to Sabana Grande. East on Sabana Grande to Sabana Loop. Right on Sabana Grande property is last building on right side of street.
  • Listing Contract Date: 2018-11-22
  • Year Built: 2004
  • Lot Size Acres: 0.24
  • Subdivision Name: Sabana Grande Tr
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 4224.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Landscaping, Lighting
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Wilger
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Refrigerated, Ceiling Fan(s)
  • Heating: Central, Forced Air, Gas, Heat Pump, Hot Water
  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1014068157345
  • Zoning Description: A-2,A-3

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 37577.01
  • Annual Operating Expense: 16532.82

Tax Info

  • Tax Annual Amount: 3856.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2018
Closed on
Feb 13, 2019
Sold by
Jean Joel
Bought by
Pyeatt Jacob S
Seller's Agent
Jennifer Alderete
L3 Realty, LLC
Buyer's Agent
David Ben Nolte
Allen Sigmon Real Estate Group
List Price
$379,900
Current Estimated Value
$675,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$343,660
Outstanding Balance
$303,950
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$360,882

Purchase Details

Listed on
Nov 24, 2018
Closed on
Feb 12, 2019
Sold by
Pyeatt Jacob S and Pyeatt Caroline
Bought by
Pyeatt Caroline
Seller's Agent
Jennifer Alderete
L3 Realty, LLC
Buyer's Agent
David Ben Nolte
Allen Sigmon Real Estate Group
List Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$303,950
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$360,882

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jun 9, 2016
Sold by
Jacobs Laurie F
Bought by
Jean Joel
Seller's Agent
Alan Adler
Real Estate Solutions
Buyer's Agent
Stephanie Romisher-Webb
Latte Stone Realty LLC
List Price
$369,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$273,750
Interest Rate
3.66%
Mortgage Type
New Conventional
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
Pyeatt Jacob S -- First American Title Ins Co
Pyeatt Caroline -- First American Title Ins Co
Jean Joel -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyeatt Jacob S $343,660
Previous Owner Jean Joel $273,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold -- -- --
01/07/2019 01/07/19 Pending -- -- --
11/24/2018 11/24/18 For Sale $379,900 +2.7% $90 / Sq Ft
06/08/2016 06/08/16 Sold -- -- --
04/02/2016 04/02/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $369,900 -- --
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 $4,353 $119,098 $12,851 $106,247
2023 $4,353 $119,098 $12,851 $106,247
2022 $4,226 $115,629 $12,466 $103,163
2021 $4,320 $115,629 $12,466 $103,163
2020 $4,194 $112,262 $0 $0
2019 $4,223 $112,262 $0 $0
2018 $3,856 $108,992 $0 $0
2017 $4,227 $121,003 $0 $0
2016 $3,467 $88,590 $0 $0
2014 $3,351 $88,590 $0 $0
2013 -- $90,437 $16,500 $73,937
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Alderete

    Seller's Agent in 2019

    Jennifer Alderete

    L3 Realty, LLC

    (505) 304-5172

    8 Total Sales

    Jennifer Alderete
    Section Image

  • D

    Buyer's Agent in 2019

    David Ben Nolte

    Allen Sigmon Real Estate Group

  • A

    Seller's Agent in 2016

    Alan Adler

    Real Estate Solutions

    (505) 379-4677

    10 Total Sales

    Alan Adler
    Section Image
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Map

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

MLS Number: 932990

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-157-345

New Mexico Sandoval County Rio Rancho 87124

4316 Sabana Loop SE, Rio Rancho, NM

This home is located at 4316 Sabana Loop SE, Rio Rancho, NM 87124 since 24 November 2018 and is currently estimated at $675,254, approximately $159 per square foot. This property was built in 2004. 4316 Sabana Loop 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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