NOT LISTED FOR SALE

563 Hermit Falls Dr SE Rio Rancho, NM 87124

Estimated Value: $306,000 - $349,000

3 Beds
2 Baths
1,400 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 02, 2023

Current estimated payment $2,351/month

Highlights

  • 1 Fireplace
  • Double Pane Windows
  • Forced Air Heating System
  • Martin Luther King Jr. Elementary School Rated A
  • Refrigerated Cooling System
  • 2 Car Garage

About This Home

As of March 2023

Dreaming of a peaceful home in the city of Rio Rancho? Look no further! This three-bedroom, two-bath property is just what you've been searching for. this home offers everything you could want and more! The interior has been so well cared for that you feel right at home. Plus, with easy access to all the shopping, restaurants and entertainment options nearby, this is the perfect spot to settle down or raise a family. Don't miss out on this rare opportunity - schedule a showing today!

Last Agent to Sell the Property

Gilbert Gallegos

Real Broker, LLC Listed on: 01/30/2023

Real Broker, LLC

Last Buyer's Agent

Vertical Real Estate

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home

HOA Fees

  • $336 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Vinyl Flooring

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System

Community Details

  • Association fees include common areas

Listing and Financial Details

  • Assessor Parcel Number 1012069444174

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,519

Year Built

Built in 1997

Lot Details

0

HOA Fees

$336 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Southern and Broadmoor
  • Listing Contract Date: 2023-01-30
  • Year Built: 1997
  • Lot Size Acres: 0.16
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1400.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Flat, Pitched
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 336.0
  • Association Fee Frequency: Monthly
  • Association: No

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 1012069444174
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2519.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Feb 23, 2023
Sold by
Barbo Reynaldo James and Barbo Sandra Clara
Bought by
Sanchez Diana
Seller's Agent
Gilbert Gallegos
Real Broker, LLC
Buyer's Agent
Vertical Real Estate
Keller Williams Realty
List Price
$305,000
Views
10
Current Estimated Value
$325,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$240,000
Outstanding Balance
$233,825
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$97,192

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 7, 2019
Sold by
Hopengarten Daniel and Hopengarten Darwin Lea
Bought by
Barbo Reynaldo James and Barbo Sandra
Seller's Agent
Janis Fensterer
Realty One of New Mexico
Buyer's Agent
Gilbert Gallegos
Re/Max Exclusive
List Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$198,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 24, 2019
Sold by
Sims Paula Marie and Sims Paula M
Bought by
Lea Hopengarten Daniel and Lea Darwin
Seller's Agent
Reuben Rodrigues
Realty One of New Mexico
Buyer's Agent
Hunter Chase Team
Hunter Chase Realty
List Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
Sep 24, 2012
Sold by
Schneider Pamela L
Bought by
Sims Paula Marie
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
Sanchez Diana -- Old Republic National Title
Barbo Reynaldo James -- Fidelity National Title
Lea Hopengarten Daniel -- Old Republic Natl Ttl Ins Co
Sims Paula Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Diana $46,000
Open Sanchez Diana $240,000
Previous Owner Barbo Reynaldo James $197,064
Previous Owner Barbo Reynaldo James $198,000
Previous Owner Sims Paula M $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold -- -- --
01/30/2023 01/30/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $305,000 +56.4% $218 / Sq Ft
10/09/2019 10/09/19 Sold -- -- --
09/08/2019 09/08/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $195,000 +2.7% $140 / Sq Ft
04/25/2019 04/25/19 Sold -- -- --
04/07/2019 04/07/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $189,900 -- $137 / 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 $2,519 $99,508 $26,500 $73,008
2023 $2,519 $76,453 $11,040 $65,413
2022 $2,519 $74,227 $10,305 $63,922
2021 $2,468 $72,065 $10,305 $61,760
2020 $2,390 $69,966 $0 $0
2019 $1,876 $49,875 $0 $0
2018 $1,783 $50,389 $0 $0
2017 $1,709 $48,921 $0 $0
2016 $1,863 $47,606 $0 $0
2014 $1,801 $47,606 $0 $0
2013 -- $47,606 $8,742 $38,864
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1028851

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-444-174