NOT LISTED FOR SALE

Estimated Value: $501,000 - $581,625

5 Acres
$110,181 Price per Acre
217,800 Sq Ft Lot

Last Sold April 21, 2023

Current estimated payment $3,000/month

222 Days on Market

Highlights

  • 5 Acre Lot
  • Views
  • Gentle Sloping Lot
  • Enchanted Hills Elementary School Rated A-

About This Lot

As of April 2023

Wonderful 5-acre building lot in Rio Rancho that's perched up on a hill and backs up to Arroyo de la Baranca with city water and power available! The lot is located on Jackson Loop with custom homes to either side of the lot. A great lot to build the home of your dreams! You are minutes away from shopping and restaurants. Take advantage of this opportunity to purchase a wonderful lot in Rio Rancho!

Last Agent to Sell the Property

Venturi Realty Group

Real Broker, LLC Listed on: 08/10/2022

Real Broker, LLC

Last Buyer's Agent

Tamara Groves

Realty One Group Concierge License #51265

Realty One Group Concierge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $839

Lot Details

  • 5 Acre Lot
  • Gentle Sloping Lot
  • Zoning described as E-1

Utilities

  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 58
  • Assessor Parcel Number 1015072457090

Property Details

Property Type

Land

Est. Annual Taxes

$839

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Hwy 528, west on Kim Rd to Jackson Loop, north on Jackson Loop to property.
  • Lot Size Acres: 5.0
  • Subdivision Name: RIO RANCHO ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Views, Gentle Sloping, Stream/Creek
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Not Available
  • Water Source: Public
  • Sewer: None

Lot Info

  • Topography: Sloping
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 1015072457090
  • Zoning Description: E-1

Tax Info

  • Tax Annual Amount: 839.2
  • Tax Block: 58
  • Tax Lot: 21
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 27, 2021
Sold by
Scott Matthew and Scott Megan
Bought by
Schachtner Aaron and Mcginnis Jamie
Seller's Agent
Joe Schifani
Affordable Realty Services Inc
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$98,000
Current Estimated Value
$550,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.79%
Original Mortgage
$83,300
Outstanding Balance
$74,966
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$475,940

Purchase Details

Closed on
Jan 7, 2021
Sold by
Halvorson Martin G and Halvorson Nancy L
Bought by
Scott Matthew and Scott Megan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schachtner Aaron -- Old Republic Title
Schachtner Aaron -- Old Republic Title
Scott Matthew -- Old Republic Natl Ttl Ins Co
Scott Matthew -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schachtner Aaron $83,300
Closed Schachtner Aaron $83,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2023 04/21/23 Sold -- -- --
03/21/2023 03/21/23 Pending -- -- --
10/07/2022 10/07/22 Price Changed $124,900 -6.1% --
08/11/2022 08/11/22 For Sale $133,000 +35.7% --
03/31/2021 03/31/21 Sold -- -- -- View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $98,000 -- --
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
2025 $1,219 $164,099 $16,667 $147,432
2024 $1,393 $33,396 $33,396 --
2023 $1,393 $33,396 $33,396 $0
2022 $1,393 $33,396 $33,396 $0
2021 $796 $20,328 $20,328 $0
2020 $796 $20,328 $0 $0
2019 $853 $20,328 $0 $0
2018 $810 $20,328 $0 $0
2017 $1,383 $35,000 $0 $0
2016 $1,531 $35,000 $0 $0
2014 $1,716 $41,529 $0 $0
2013 -- $41,529 $41,529 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1020628

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-072-457-090