NOT LISTED FOR SALE

Estimated Value: $312,000 - $330,000

3 Beds
2 Baths
1,770 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 08, 2018

Current estimated payment $1,875/month

75 Days on Market

Highlights

  • Pueblo Architecture
  • Separate Formal Living Room
  • Private Yard
  • Rio Rancho Elementary School Rated A-
  • Corner Lot
  • Breakfast Area or Nook

About This Home

As of February 2018

This home is located at 4601 Palmas Altas Dr SE, Rio Rancho, NM 87124 since 17 October 2017 and is currently estimated at $321,451, approximately $181 per square foot. This property was built in 1973. 4601 Palmas Altas Dr 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.

Last Agent to Sell the Property

Richard Kraft

Coldwell Banker Legacy License #8195 Listed on: 10/17/2017

Coldwell Banker Legacy

Last Buyer's Agent

Hector Cruz

Hot Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,146

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Fenced
  • Landscaped
  • Corner Lot
  • Private Yard

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,770 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Patio

Schools

  • Rio Rancho Elementary School
  • Lincoln Middle School
  • Rio Rancho High School

Utilities

  • Evaporated cooling system
  • Multiple Heating Units
  • Forced Air Heating System
  • Wall Furnace

Community Details

  • Built by AmREP
  • Corrales Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014069391145

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,146

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Sabana Grande east from HWY 528, north on San Juan de Rio past school, east on San Jose, north on Oreja de Oro to corner of Palmas Altas
  • Listing Contract Date: 2017-04-03
  • Year Built: 1973
  • Lot Size Acres: 0.34
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Corrales Heights
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Multiple Living Areas, Main Level Master, Shower Only, Separate Shower
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1770.0
  • Window Features: Double Pane Windows, Insulated Windows, Metal

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Roof: Flat, Tar/Gravel
  • Lot Features: Corner Lot, Landscaped
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: AmREP
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Open, Patio

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Multiple Heating Units, Wall Furnace
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Rio Rancho
  • High School: Rio Rancho
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 14810.0
  • Parcel #: 1014069391145
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1146.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Feb 8, 2018
Sold by
Mahboub Matthew
Bought by
Flores Paz M and Flores Carlos P
Seller's Agent
Richard Kraft
Coldwell Banker Legacy
Buyer's Agent
Hector Cruz
Hot Realty, LLC
List Price
$150,000
Current Estimated Value
$312,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$141,620
Outstanding Balance
$120,763
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$190,228
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
Flores Paz M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Paz M $141,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2018 02/08/18 Sold -- -- --
12/31/2017 12/31/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $150,000 -- $85 / 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 $1,933 $56,566 $8,721 $47,845
2023 $1,933 $52,878 $7,965 $44,913
2022 $1,876 $51,338 $7,333 $44,005
2021 $1,862 $49,843 $7,333 $42,510
2020 $1,808 $48,391 $0 $0
2019 $1,773 $47,121 $0 $0
2018 $1,067 $30,167 $0 $0
2017 $1,023 $29,288 $0 $0
2016 $1,146 $29,288 $0 $0
2014 $1,108 $29,288 $0 $0
2013 -- $28,435 $7,285 $21,150
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 904108

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-069-391-145