NOT LISTED FOR SALE

5240 Bullseye Rd NE Rio Rancho, NM 87144

Estimated Value: $456,000 - $485,000

3 Beds
2.5 Baths
2,119 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 01, 2022

Current estimated payment $3,591/month

Highlights

  • New Construction
  • Private Yard
  • Double Pane Windows
  • Sandia Vista Elementary School Rated A-
  • Covered patio or porch
  • Refrigerated Cooling System

About This Home

As of December 2022

Innovative design meets quality construction in this family-sized Hakes Brothers home, featuring 3 bedrooms, 2.5 baths, a flex space, and a 2-car garage. Nestled in one of Rio Rancho's premier communities, Lomas Encantadas, this home offers convenient access to the city's best amenities, including major employers, schools, restaurants, and easy access to Albuquerque. Photos are renderings of the home, as this home is still under construction.

Last Agent to Sell the Property

Alex Cordova

EXP Realty LLC License #50012 Listed on: 12/01/2022

EXP Realty LLC

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,752 Sq Ft Lot
  • Southwest Facing Home
  • Private Yard
  • Zoning described as R-4

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,119 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Washer and Gas Dryer Hookup

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered patio or porch

Schools

  • Sunset View Elementary School
  • James Monroe Middle School
  • Cibola High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • Association fees include common areas
  • Built by Hakes Brothers

Listing and Financial Details

  • Assessor Parcel Number 1017074115140

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,722

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$492 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From hwy 550 turn left onto Safelite Blvd, merge onto Montreal Loop, then take a right onto Aldan Dr NE. Turn right onto Kodiak and again onto Cam Encantadas. Take a right onto Windy and then left at the intersection. Model home will be on your left.
  • Listing Contract Date: 2022-07-20
  • Year Built: 2022
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: EXPR01
  • Co List Office Phone: (505) 554-3873
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Property Attached Yn: No
  • Year Built Details: <1
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2119.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Hakes Brothers
  • Construction Type: Frame, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Covered, Patio
  • Property Condition: New Construction

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 492.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Sunset View
  • High School: Cibola
  • Middle Or Junior School: James Monroe

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6752.0
  • Parcel #: 1017074115140
  • Zoning Description: R-4

Tax Info

  • Tax Annual Amount: 23.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Nov 30, 2022
Sold by
Hakes Brothers Abq Llc
Bought by
Payne James E
Seller's Agent
Alex Cordova
EXP Realty LLC
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$472,765
Sold Price
$472,765
Current Estimated Value
$473,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613
Avg. Annual Appreciation
0.69%
Original Mortgage
$449,127
Outstanding Balance
$436,984
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$44,433
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
Payne James E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne James E $449,127
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold -- -- --
12/01/2022 12/01/22 For Sale $472,765 -- $223 / 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 $5,722 $140,303 $30,667 $109,636
2023 $5,722 $156,545 $30,667 $125,878
2022 $20 $490 $490 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1026467

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-074-115-140