NOT LISTED FOR SALE

515 Palo Alto Dr NE Rio Rancho, NM 87124

Loma Colorado Neighborhood

Estimated Value: $503,000 - $531,000

5 Beds
4 Baths
2,958 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 28, 2019

Current estimated payment $3,782/month

70 Days on Market

Highlights

  • Outdoor Fireplace
  • Main Floor Primary Bedroom
  • Private Yard
  • Ernest Stapleton Elementary School Rated A-
  • Loft
  • 5-minute walk to Prado Alto Park

About This Home

As of August 2019

Exceptional Home! Popular Sapphire floorplan with lots of upgrades! This light and bright home offers a gorgeous gourmet kitchen with stacked cabinets, granite counters, tile backsplash, large walk-in pantry, Gas stove with double oven and a beautiful island! Living room has clerestory windows and a custom gas log fireplace! Two bedrooms downstairs including the master room! Custom professional outdoor kitchen with a gas grill, refrigerator, cabinets, and bar area! Private and serene extended patio with an outdoor fireplace, mountain & city views! Backyard landscaping is meticulous! Door bell with built in camera.Why build when you get all this! City and mountain views.

Last Agent to Sell the Property

Penny Melloy

RE/MAX SELECT Listed on: 05/09/2019

Last Buyer's Agent

Mark Aragon

Realty One of New Mexico License #19603

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,191

Year Built

  • Built in 2012

Lot Details

  • 5,227 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Private Yard

HOA Fees

  • $648 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,958 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Thermal Windows
  • Multiple Living Areas
  • Loft
  • Home Security System
  • Electric Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Association fees include common areas
  • Built by Pulte
  • Prado Alto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013070362175

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,191

Year Built

Built in 2012

Lot Details

0

HOA Fees

$648 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528 and High Resort, West on High Resort, North on Loma Vista Blvd, East on Terraza Blvd (curves North), Left on Valle alto Dr, Right on Prado Alto Ave, Right on Palo Alto Dr to address.
  • Listing Contract Date: 2019-05-09
  • Year Built: 2012
  • Lot Size Acres: 0.12
  • Subdivision Name: Prado Alto
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 7 - 9
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave
  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, Jack and Jill Bath, Kitchen Island, Loft, Multiple Living Areas, Main Level Master, Pantry, Separate Shower, Water Closet(s), Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Gas Log, Outside
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2958.0
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Outdoor Grill, Patio, Private Yard
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Pulte
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated, 2 Units
  • Heating: Central, Forced Air, Multiple Heating Units, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 648.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 1013070362175
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 3191.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Karcher Kathryn Elaine
Bought by
Karcher Kathryn Elaine and Birrenkott Rylea Lane
Current Estimated Value
$511,033

Purchase Details

Closed on
Dec 8, 2020
Sold by
Fenimore Ryann
Bought by
Karcher Kathryn Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2019
Closed on
Aug 27, 2019
Sold by
Reed Steven E and Reed Tae K
Bought by
Fenimore Ryann and Karcher Kathryn
Seller's Agent
Penny Melloy
RE/MAX SELECT
Buyer's Agent
Mark Aragon
Realty One of New Mexico
List Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$304,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 27, 2015
Sold by
Spencer Daniel C and Spencer Susan L
Bought by
Reed Steven E and Reed Tae Ka
Seller's Agent
Michelle Rohl
ERA Sellers & Buyers Real Esta
Buyer's Agent
Larry Cobb
ERA Sellers & Buyers Real Esta
List Price
$309,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$243,600
Interest Rate
4.12%
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
Karcher Kathryn Elaine -- None Listed On Document
Karcher Kathryn Elaine -- Old Republic Natl Ttl Ins Co
Karcher Kathryn Elaine -- Old Republic Title
Fenimore Ryann -- Fidelity National Ttl Ins Co
Reed Steven E -- Fidelity Natl Title Nm Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karcher Kathryn Elaine $150,000
Previous Owner Karcher Kathryn Elaine $150,000
Previous Owner Fenimore Ryann $304,000
Previous Owner Reed Steven E $243,600
Previous Owner Spencer Daniel C $135,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold -- -- --
07/18/2019 07/18/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $327,000 +5.5% $111 / Sq Ft
08/28/2015 08/28/15 Sold -- -- --
07/17/2015 07/17/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $309,900 -- $106 / 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 $4,186 $117,962 $16,850 $101,112
2023 $4,186 $114,526 $16,000 $98,526
2022 $4,064 $111,190 $16,000 $95,190
2021 $4,033 $107,952 $16,000 $91,952
2020 $3,765 $100,781 $0 $0
2019 $3,625 $96,354 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Penny Melloy

    RE/MAX

  • M

    Buyer's Agent in 2019

    Mark Aragon

    Realty One of New Mexico

    (505) 514-3380

    56 Total Sales

    Mark Aragon
    Section Image

  • M

    Seller's Agent in 2015

    Michelle Rohl

    ERA Sellers & Buyers Real Esta

  • L

    Buyer's Agent in 2015

    Larry Cobb

    ERA Sellers & Buyers Real Esta

See All Agents

Map

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

MLS Number: 944102

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-070-367-173

New Mexico Sandoval County Rio Rancho 87124 Loma Colorado

515 Palo Alto Dr NE, Rio Rancho, NM

This home is located at 515 Palo Alto Dr NE, Rio Rancho, NM 87124 since 09 May 2019 and is currently estimated at $511,033, approximately $172 per square foot. This property was built in 2012. 515 Palo Alto Dr NE is a home located in Sandoval County with nearby schools including Ernest Stapleton Elementary School, Eagle Ridge 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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