NOT LISTED FOR SALE

522 Palo Alto Dr NE Rio Rancho, NM 87124

Loma Colorado Neighborhood

Estimated Value: $521,000 - $558,000

4 Beds
2.5 Baths
3,081 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 01, 2021

Current estimated payment $3,975/month

88 Days on Market

Highlights

  • Attic
  • Loft
  • Multiple Living Areas
  • Ernest Stapleton Elementary School Rated A-
  • Private Yard
  • 5-minute walk to Prado Alto Park

About This Home

As of February 2021

Under Contract Contigent, taking backup offers. Welcome to this beautiful home located in the desirable neighborhood of Loma Colorado! This home is move in ready with 4/5 bedrooms, 2.5 bath, and 2.5 car garage. Kitchen has granite countertops, upgraded faucet and stainless steel appliances. It also features a large island that is open to the living room. Upstairs has 4 bedrooms and a large spacious loft that is great for a kids play area. Downstairs has an office and 1 office/bedroom. The home features a tankless hot water heater and water softener. Backyard is fully landscaped with synthetic grass and a drip system for all trees, and a large concrete patio. Front yard has low maintenance xeriscaping. Schedule a showing today.

Last Agent to Sell the Property

Travis Locher

Realty One of New Mexico License #51692 Listed on: 08/19/2020

Realty One of New Mexico

Last Buyer's Agent

Joseph Maez

The Maez Group License #17921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 2015

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Xeriscape Landscape
  • Private Yard

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,081 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Multiple Living Areas
  • Home Office
  • Loft
  • Washer
  • Attic

Kitchen

  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Private Water Closet
  • Shower Only
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

  • E Stapleton Elementary School
  • Eagle Ridge Middle School
  • Rio Rancho High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • Water Softener is Owned
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Built by Pulte
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1013070358191

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,415

Year Built

Built in 2015

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From High Resort Blvd turn right on to Loma Vista Blvd NE. Turn right on Terraza Blvd NE, turn left on to Valle Alto Dr NE, turn right on to Palo Alto 522 will be on your left side of the street.
  • Listing Contract Date: 2020-08-19
  • Year Built: 2015
  • Lot Size Acres: 0.14
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 4 - 6
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Water Softener Owned, Washer
  • Interior Amenities: Attic, Ceiling Fan(s), Dual Sinks, High Speed Internet, Home Office, Kitchen Island, Loft, Multiple Living Areas, Pantry, Shower Only, Separate Shower, Cable TV, Water Closet(s), Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 3081.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Tile
  • Fencing: Wall
  • Lot Features: Landscaped, Planned Unit Development, Xeriscape
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Pulte
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.5
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Oversized

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: E Stapleton
  • High School: Rio Rancho
  • Middle Or Junior School: Eagle Ridge

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 1013070358191
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 3415.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Feb 1, 2021
Sold by
Locher Travis J and Locher Lindsey A
Bought by
Hernandez Carolyn and Hernandez Manuel
Seller's Agent
Travis Locher
Realty One of New Mexico
Buyer's Agent
Joseph Maez
The Maez Group
List Price
$409,000
Current Estimated Value
$540,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$337,565
Outstanding Balance
$303,138
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$230,564

Purchase Details

Listed on
Feb 23, 2018
Closed on
May 21, 2018
Sold by
Beumont Shane and Beumont Kaslakan R
Bought by
Locher Travis J and Locher Lindsey A
Seller's Agent
Desiree Cosby
EXP Realty LLC
Buyer's Agent
Danielle Naranjo
Legendre Properties LLC
List Price
$314,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$291,175
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Pulte Homes Of New Mexico Inc
Bought by
Beaumont Shane and Watt Kasiakin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,551
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Carolyn -- Fidelity National Ttl Ins Co
Locher Travis J -- Fidelity Natl Title Ins Co
Beaumont Shane -- Pgp Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Carolyn $14,218
Open Hernandez Carolyn $337,565
Previous Owner Locher Travis J $294,311
Previous Owner Locher Travis J $291,175
Previous Owner Beaumont Shane $221,551
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold -- -- --
11/17/2020 11/17/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $384,900 -1.1% $125 / Sq Ft
09/05/2020 09/05/20 Price Changed $389,000 -4.9% $126 / Sq Ft
08/21/2020 08/21/20 For Sale $409,000 +29.9% $133 / Sq Ft
05/22/2018 05/22/18 Sold -- -- --
03/18/2018 03/18/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $314,900 -- $102 / 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 $5,135 $144,706 $18,280 $126,426
2023 $5,135 $140,491 $16,000 $124,491
2022 $4,986 $136,400 $16,000 $120,400
2021 $3,603 $98,440 $16,000 $82,440
2020 $3,496 $95,573 $0 $0
2019 $3,415 $92,790 $0 $0
2018 $3,613 $104,131 $0 $0
2017 $0 $112,062 $0 $0
2016 $4,307 $112,062 $0 $0
2014 $661 $16,000 $0 $0
2013 -- $16,667 $16,667 $0
Source: Public Records

Agents Affiliated with this Home

  • Travis Locher

    Seller's Agent in 2021

    Travis Locher

    Realty One of New Mexico

    (505) 263-1040

    1 in this area

    5 Total Sales

    Travis Locher
    Section Image
  • Joseph Maez

    Buyer's Agent in 2021

    Joseph Maez

    The Maez Group

    (505) 600-9114

    19 in this area

    1,593 Total Sales

    Joseph Maez
    Section Image
  • Desiree Cosby

    Seller's Agent in 2018

    Desiree Cosby

    EXP Realty LLC

    (505) 363-5218

    5 in this area

    195 Total Sales

    Desiree Cosby
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kristie Lee

    Berkshire Hathaway Home Svc NM

  • D

    Buyer's Agent in 2018

    Danielle Naranjo

    Legendre Properties LLC

See All Agents

Map

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

MLS Number: 975193

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-070-358-191

New Mexico Sandoval County Rio Rancho 87124 Loma Colorado

522 Palo Alto Dr NE, Rio Rancho, NM

This home is located at 522 Palo Alto Dr NE, Rio Rancho, NM 87124 since 19 August 2020 and is currently estimated at $540,852, approximately $175 per square foot. This property was built in 2015. 522 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.

Nearby Homes