NOT LISTED FOR SALE

503 Cerro de Ortega Dr SE Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $281,000 - $317,000

3 Beds
2 Baths
1,452 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 30, 2020

Current estimated payment $1,804/month

1 Day on Market

Highlights

  • Pueblo Architecture
  • No HOA
  • 1 Car Attached Garage
  • Rio Rancho Elementary School Rated A-
  • Separate Outdoor Workshop
  • Double Pane Windows

About This Home

As of October 2020

Corrales Heights living! Nearby to everything. Huge lot with backyard access and an RV pad. Workshop/Storage shed with electricity. Measures 11'6'' X 23'10''. Open patio. No PID fees, no HOA fees. Bright interior is inviting. Ceramic tile floors in main rooms with carpet in the bedrooms. This one has a bonus room off one bedroom that could be used as an office or art room. No need to buy kitchen appliances or washer and dryer as price includes all and it's ready to move in.

Last Agent to Sell the Property

SUSAN SALAZAR

Top Tier Realty License #47332 Listed on: 08/29/2020

Co-Listed By

Marsha Strange

Top Tier Realty License #17777

Last Buyer's Agent

Jennifer Cody Martin

Gold Key Realty License #16796

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1974

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Xeriscape Landscape

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,452 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Combination Dining and Living Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Courtyard
  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Rio Rancho Homes
  • Corrales Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014069226074

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern and 528 headed north to Sabana Grande, turn right (east) to Cerro de Ortega. Turn left (north) on Cerro de Ortega House is on the left side of the street 503 Cerro de Ortega SE.
  • Listing Contract Date: 2020-08-23
  • Year Built: 1974
  • Lot Size Acres: 0.24
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: TTRL01
  • Co List Office Phone: (505) 203-9059
  • Subdivision Name: Corrales Heights
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Living/Dining Room, Main Level Primary, Shower Only, Separate Shower, Utility Room
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1452.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Courtyard, Fence, Fire Pit, Private Yard, RV Parking/RV Hookup, Private Entrance
  • Roof: Flat, Tar/Gravel
  • Fencing: Back Yard
  • Lot Features: Landscaped, Xeriscape
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Rio Rancho Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Other Structures: Workshop
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 1014069226074
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1315.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jan 24, 2019
Sold by
Maynes Kerrie L and Maynes Dylan W
Bought by
Wrana Ross
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
SUSAN SALAZAR
Top Tier Realty
List Price
$159,900
Current Estimated Value
$299,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$106,500
Outstanding Balance
$93,822
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$205,765
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
Wrana Ross -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrana Ross $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold -- -- --
08/30/2020 08/30/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $195,000 +22.0% $134 / Sq Ft
01/24/2019 01/24/19 Sold -- -- --
11/28/2018 11/28/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $159,900 -- $113 / 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
2025 $2,499 $71,416 $12,539 $58,877
2024 $2,460 $69,336 $11,263 $58,073
2023 $2,460 $67,316 $8,874 $58,442
2022 $2,389 $65,356 $7,333 $58,023
2021 $2,371 $63,452 $7,333 $56,119
2020 $1,926 $53,537 $0 $0
2019 $1,316 $36,981 $0 $0
2018 $1,270 $35,904 $0 $0
2017 $1,218 $34,859 $0 $0
2016 $1,364 $34,859 $0 $0
2014 $1,319 $34,859 $0 $0
2013 -- $38,487 $7,285 $31,202
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SUSAN SALAZAR

    Top Tier Realty

    1 in this area

    12 Total Sales

    SUSAN SALAZAR
    Section Image
  • Marsha Strange

    Seller Co-Listing Agent in 2020

    Marsha Strange

    Top Tier Realty

    (505) 203-9059

    2 in this area

    46 Total Sales

    Marsha Strange
    Section Image
  • Jennifer Cody Martin

    Buyer's Agent in 2020

    Jennifer Cody Martin

    Gold Key Realty

    (505) 225-7979

    1 in this area

    100 Total Sales

    Jennifer Cody Martin
    Section Image
  • Michael Schlichte

    Seller's Agent in 2019

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    4 in this area

    200 Total Sales

    Michael Schlichte
    Section Image
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Map

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

MLS Number: 975933

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-069-226-074

New Mexico Sandoval County Rio Rancho 87124 Corrales Heights

503 Cerro de Ortega Dr SE, Rio Rancho, NM

This home is located at 503 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 since 29 August 2020 and is currently estimated at $299,587, approximately $206 per square foot. This property was built in 1974. 503 Cerro de Ortega 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.

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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