NOT LISTED FOR SALE

5508 Fence Lake Dr NE Rio Rancho, NM 87144

Enchanted Hills Neighborhood

Estimated Value: $357,000 - $381,000

4 Beds
2.5 Baths
2,142 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 04, 2023

Current estimated payment $2,352/month

48 Days on Market

Highlights

  • Contemporary Architecture
  • Cathedral Ceiling
  • Multiple Living Areas
  • Vista Grande Elementary School Rated A-
  • Private Yard
  • Home Office

About This Home

As of May 2023

No HOA! Spacious home in Enchanted Hills. Features 4 bedrooms, an office, 2.5 bath & a 2 car garage. Enjoy the views of the beautiful Sandia Mountains from the big back yard and the covered back patio. Two living areas! One formal living/dining room and one open concept kitchen, living and dining area with a gas fireplace. New flooring was installed in all main living areas and bathrooms in Nov. 2022. Kitchen cabinets were newly painted in Nov. 2022. Owners suite has a private balcony and a walk-in closet. Owners bath has a garden tub, dual sinks and separate shower. Fully walled back yard with a pedestrian gate. Drip watering system and sprinklers in the backyard, and drip system in the front. Refrigerated air! All appliances and a small shed convey. Laundry is on the 2nd floor

Last Agent to Sell the Property

Lucia Gallegos

NM Property Brokers LLC License #52124 Listed on: 02/06/2023

Last Buyer's Agent

Denisha Romero

Harmony Sol Properties LTD Co. License #49263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 2004

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Water-Smart Landscaping
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,142 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Multiple Living Areas
  • Open Floorplan
  • Home Office
  • Property Views

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Mountain View Middle School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Enchanted Hills Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1016076277080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 550 and Midway, South on Midway to Springer, west on Springer to north on Fence Lake. 2nd house on the right.
  • Listing Contract Date: 2023-02-05
  • Year Built: 2004
  • Lot Size Acres: 0.15
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Enchanted Hills
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Dual Sinks, Family/Dining Room, Garden Tub/Roman Tub, Home Office, Living/Dining Room, Multiple Living Areas, Tub Shower, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2142.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Landscaped, Planned Unit Development, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: UKN
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Mountain View

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 1016076277080
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 2339.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
May 4, 2023
Sold by
Uranga Joseph Jeremy
Bought by
Sanchez Zachary and Sanchez Destinie
Seller's Agent
Lucia Gallegos
NM Property Brokers LLC
Buyer's Agent
Denisha Romero
Harmony Sol Properties LTD Co.
List Price
$380,000
Views
153
Current Estimated Value
$367,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$336,787
Outstanding Balance
$329,198
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$40,331

Purchase Details

Listed on
Nov 5, 2017
Closed on
Dec 22, 2017
Sold by
Griffin Patricia M and Griffin Stephanie A
Bought by
Uranga Joseph Jeremey
Seller's Agent
Deanna Dopslaf
Keller Williams Realty
Buyer's Agent
NM Home Team
Realty One of New Mexico
List Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$198,341
Interest Rate
4.5%
Mortgage Type
FHA
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
Sanchez Zachary -- Old Republic National Title
Uranga Joseph Jeremey -- Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Zachary $336,787
Closed Sanchez Zachary $10,290
Previous Owner Uranga Joseph Jeremy $32,635
Previous Owner Uranga Joseph Jeremey $198,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold -- -- --
03/27/2023 03/27/23 Pending -- -- --
03/14/2023 03/14/23 Price Changed $350,000 -1.4% $163 / Sq Ft
02/21/2023 02/21/23 Price Changed $355,000 -2.7% $166 / Sq Ft
02/16/2023 02/16/23 Price Changed $365,000 -3.9% $170 / Sq Ft
02/06/2023 02/06/23 For Sale $380,000 +81.0% $177 / Sq Ft
12/29/2017 12/29/17 Sold -- -- --
11/15/2017 11/15/17 Pending -- -- --
11/05/2017 11/05/17 For Sale $210,000 -- $98 / 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 $4,085 $113,355 $13,667 $99,688
2023 $2,410 $65,923 $9,911 $56,012
2022 $2,339 $64,003 $9,726 $54,277
2021 $2,322 $62,139 $9,391 $52,748
2020 $2,254 $60,329 $0 $0
2019 $2,203 $58,572 $0 $0
2018 $2,072 $58,572 $0 $0
2017 $1,825 $52,254 $0 $0
2016 $1,985 $50,732 $0 $0
2014 $1,863 $49,255 $0 $0
2013 -- $49,255 $8,010 $41,245
Source: Public Records

Agents Affiliated with this Home

  • Lucia Gallegos

    Seller's Agent in 2023

    Lucia Gallegos

    NM Property Brokers LLC

    (505) 280-9835

    2 in this area

    58 Total Sales

    Section Image

  • D

    Buyer's Agent in 2023

    Denisha Romero

    Harmony Sol Properties LTD Co.

    (505) 515-1449

    1 in this area

    26 Total Sales

    Section Image

  • D

    Seller's Agent in 2017

    Deanna Dopslaf

    Keller Williams Realty

  • N

    Buyer's Agent in 2017

    NM Home Team

    Realty One of New Mexico

    Section Image
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Map

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

MLS Number: 1029278

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-076-277-080

New Mexico Sandoval County Rio Rancho 87144 Enchanted Hills

5508 Fence Lake Dr NE, Rio Rancho, NM

This home is located at 5508 Fence Lake Dr NE, Rio Rancho, NM 87144 since 06 February 2023 and is currently estimated at $371,137, approximately $173 per square foot. This property was built in 2004. 5508 Fence Lake Dr NE is a home located in Sandoval County with nearby schools including Vista Grande Elementary School, Mountain View Middle School, and Cleveland 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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