NOT LISTED FOR SALE

525 1st St SW Rio Rancho, NM 87124

Estimated Value: $260,000 - $298,000

3 Beds
2 Baths
951 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 22, 2021

Current estimated payment $1,662/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Views
  • Eagle Ridge Middle School Rated A-
  • Evaporated cooling system
  • Landscaped

About This Home

As of November 2021

Check out this adorable 3 bedroom 2 bathroom home on a half acre lot! Water heater only 2 yrs. old. Less than a mile from Rainbow dog park and under 2 miles to grocery stores, restaurants, and entertainment. This is the perfect starter home you have been looking for! Schedule your showing before it's gone!

Last Agent to Sell the Property

K2 Realty Group

EXP Realty, LLC License #50525,20817 Listed on: 10/20/2021

Last Buyer's Agent

Linda Rasheed

Realty One of New Mexico

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 2000

Lot Details

  • 0.5 Acre Lot
  • Dirt Road
  • South Facing Home
  • Privacy Fence
  • Landscaped
  • Backyard Sprinklers
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Planned Development
  • Frame Construction
  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 951 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Single Hung Metal Windows
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Low Flow Plumbing Fixtures

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Septic Tank
  • Sewer Not Available
  • Satellite Dish

Community Details

  • Built by Sol West

Listing and Financial Details

  • Assessor Parcel Number 1009069144098

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25Las Cruces, NMTake I-25 S and Paseo Del Norte Blvd NE to Eagle Ranch Rd NW15 min (14.9 mi)Take Paradise Blvd NW, Unser Blvd NW and Southern Blvd SE to 1st St SW in Rio Rancho18 min (8.4 mi)525 1st St SWRio Rancho, NM 87124
  • Listing Contract Date: 2021-10-18
  • Year Built: 2000
  • Lot Size Acres: 0.5
  • Road Frontage Type: Public Road
  • Road Surface Type: Dirt, Paved
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Refrigerator, Range Hood
  • Interior Amenities: Ceiling Fan(s), Main Level Primary
  • Stories: 1
  • Other Equipment: Satellite Dish
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 951.0
  • Window Features: Clad, Metal
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Privacy Wall
  • Roof: Shingle
  • Lot Features: Sprinklers In Rear, Landscaped, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Sol West
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Not Available, Underground Utilities, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Gas Dryer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Common Interest: Planned Development

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1009069144098
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Tax Info

  • Tax Annual Amount: 850.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 22, 2021
Sold by
Sanchez Adella R and Sanchez Herman F
Bought by
Richards Megan
Seller's Agent
K2 Realty Group
EXP Realty, LLC
Buyer's Agent
Linda Rasheed
Realty One of New Mexico
List Price
$170,000
Current Estimated Value
$271,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$175,000
Outstanding Balance
$161,698
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$103,779
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
Richards Megan -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Megan $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold -- -- --
10/22/2021 10/22/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $170,000 -- $179 / 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 $2,315 $65,246 -- $65,246
2023 $2,315 $63,346 $0 $63,346
2022 $2,376 $65,000 $0 $65,000
2021 $840 $28,762 $8,071 $20,691
2020 $819 $27,924 $0 $0
2019 $794 $27,111 $0 $0
2018 $747 $27,111 $0 $0
2017 $961 $33,507 $0 $0
2016 $1,038 $32,531 $0 $0
2014 $1,004 $32,531 $0 $0
2013 -- $26,531 $7,285 $19,246
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    K2 Realty Group

    EXP Realty, LLC

    (505) 750-2837

    575 Total Sales

    K2 Realty Group
    Section Image

  • L

    Buyer's Agent in 2021

    Linda Rasheed

    Realty One of New Mexico

    Section Image
See All Agents

Map

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

MLS Number: 1003241

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-069-144-098

New Mexico Sandoval County Rio Rancho 87124

525 1st St SW, Rio Rancho, NM

This home is located at 525 1st St SW, Rio Rancho, NM 87124 since 20 October 2021 and is currently estimated at $271,708, approximately $285 per square foot. This property was built in 2000. 525 1st St SW is a home located in Sandoval County with nearby schools including Puesta del Sol 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