NOT LISTED FOR SALE

523 Palo Alto Dr NE Rio Rancho, NM 87124

Loma Colorado Neighborhood

Estimated Value: $485,000 - $502,000

5 Beds
4 Baths
2,951 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 11, 2017

Current estimated payment $3,654/month

70 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Great Room
  • Ernest Stapleton Elementary School Rated A-
  • Separate Formal Living Room
  • 4-minute walk to Prado Alto Park

About This Home

As of December 2017

Beautiful and shows like a model. This spacious 2951 square foot two story home has 5 bedrooms and an office, plus master and additional bedroom downstairs. Upstairs large loft can be theater/game room or entertainment area. All bedrooms with walk in closets. Open and bright floor plan, kitchen has granite large island and executive cabinets. Decorator Niches and railing to upstairs add a model touch. Covered patio allows for relaxing and enjoying the stunning Mountain Views from the backyard. Walking distance to Several Parks, library, community center, swimming pool and Ice rink and Shinning Star pre school. This is a Pulte at its very BEST sitting on a premium lot with VIEWS. Owner will consider Owner financing.

Last Agent to Sell the Property

Sandra Levinson

Berkshire Hathaway NM Prop License #39486 Listed on: 08/18/2017

Berkshire Hathaway NM Prop

Last Buyer's Agent

Joseph Maez

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 2012

Lot Details

  • 5,663 Sq Ft Lot
  • North Facing Home
  • Xeriscape Landscape
  • Sprinkler System
  • Private Yard
  • Lawn

HOA Fees

  • $660 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,951 Sq Ft Home
  • Property has 2 Levels
  • Gas Log Fireplace
  • Thermal Windows
  • Low Emissivity Windows
  • Sliding Doors
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Home Security System
  • Property Views

Kitchen

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

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

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

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 and Cooling System

Community Details

  • Association fees include common areas
  • Built by Pulte Homes
  • Prado Alto Unit 2 Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1013070352175

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,578

Year Built

Built in 2012

Lot Details

0

HOA Fees

$660 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Head North on I-25. Exit Paseo del Norte and go West. Travel North on Coors By-Pass/NM528. Cross Ellison Dr and enter Rio Rancho. Pass Intel and then cross Southern Blvd. Turn left(West) on High Resort Blvd at the stoplight. Turn right on Loma Vista Blvd at the main Loma Colorado entry monument. Turn right on Terraza Blvd. Turn left onto Valle Alto Dr. Turn left onto Palo Alto Dr and the home is on the left.
  • Listing Contract Date: 2017-08-18
  • Year Built: 2012
  • Lot Size Acres: 0.13
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Prado Alto Unit 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: 4 - 6
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Separate/Formal Dining Room, Dual Sinks, Great Room, Garden Tub/Roman Tub, Home Office, Jack and Jill Bath, Kitchen Island, Multiple Living Areas, Main Level Master, Pantry, Separate Shower, Utility Room, Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2951.0
  • Window Features: Low Emissivity Windows, Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped, Planned Unit Development, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Builder Name: Pulte Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air, Refrigerated
  • Heating: Central, Forced Air
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 660.0
  • 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: 5662.8
  • Parcel #: 1013070352175
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 3577.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Morriswala Jitendra and Morriswala Harsa
Bought by
Jitendra And Harsa Morris Wala Trust and Morriswala
Current Estimated Value
$491,950

Purchase Details

Closed on
Oct 4, 2021
Sold by
Souchon Patricia E
Bought by
Sammur Joseph W and Sammur Kendra D

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 29, 2017
Sold by
Reed David and Reed Sanelyn
Bought by
Morriswala Jltenrra K and Morriswala Harsa B
Seller's Agent
Sandra Levinson
Berkshire Hathaway NM Prop
Buyer's Agent
Joseph Maez
Keller Williams Realty
List Price
$324,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 10, 2017
Sold by
Nguyen Tuyet K
Bought by
Mattos Paul and Mattos Sarah
Seller's Agent
Sandra Levinson
Berkshire Hathaway NM Prop
Buyer's Agent
Joseph Maez
Keller Williams Realty
List Price
$324,900

Purchase Details

Listed on
Jul 24, 2015
Closed on
Aug 14, 2015
Sold by
Hurst Ryan and Hurst Brookelle
Bought by
The Grsw Stewart Real Estate Trust
Seller's Agent
Sandra Levinson
Berkshire Hathaway NM Prop
Buyer's Agent
Sandra Levinson
Berkshire Hathaway NM Prop
List Price
$306,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.87%
Original Mortgage
$312,482
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jitendra And Harsa Morris Wala Trust -- None Listed On Document
Sammur Joseph W -- Stewart Santa Fe
Morriswala Jltenrra K -- Old Republic National Title
Mattos Paul -- Stewart Title
The Grsw Stewart Real Estate Trust -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tait Dalton $157,485
Previous Owner The Grsw Stewart Real Estate Trust $312,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2017 12/11/17 Sold -- -- --
10/27/2017 10/27/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $324,900 +6.2% $110 / Sq Ft
09/02/2015 09/02/15 Sold -- -- --
08/05/2015 08/05/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $306,000 -- $104 / 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 $3,770 $106,241 $16,574 $89,667
2023 $3,770 $103,146 $16,000 $87,146
2022 $3,660 $100,142 $16,000 $84,142
2021 $3,590 $97,226 $16,000 $81,226
2020 $3,527 $94,394 $0 $0
2019 $3,389 $91,645 $0 $0
2018 $3,148 $107,462 $0 $0
2017 $3,170 $90,750 $0 $0
2016 $3,380 $90,750 $0 $0
2014 $3,578 $94,582 $0 $0
2013 -- $91,828 $16,667 $75,161
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sandra Levinson

    Berkshire Hathaway NM Prop

    (505) 977-3373

    17 Total Sales

    Sandra Levinson
    Section Image

  • J

    Buyer's Agent in 2017

    Joseph Maez

    Keller Williams Realty

See All Agents

Map

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

MLS Number: 899881

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-070-352-175

New Mexico Sandoval County Rio Rancho 87124 Loma Colorado

523 Palo Alto Dr NE, Rio Rancho, NM

This home is located at 523 Palo Alto Dr NE, Rio Rancho, NM 87124 since 18 August 2017 and is currently estimated at $491,950, approximately $166 per square foot. This property was built in 2012. 523 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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