NOT LISTED FOR SALE

5700 Pikes Peak Loop NE Rio Rancho, NM 87144

Mariposa Neighborhood

Estimated Value: $587,000 - $652,000

4 Beds
2.5 Baths
2,732 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 05, 2021

Current estimated payment $5,092/month

10 Days on Market

Highlights

  • Gated Community
  • Build Green New Mexico Bronze
  • Separate Formal Living Room
  • Vista Grande Elementary School Rated A-
  • Spanish Architecture
  • Great Room

About This Home

As of August 2021

Better than Brand New, this gorgeous Single Story Franklin II plan has astounding curb appeal and beauty from the start. The dramatic foyer entry opens to an extra large family room and formal dining room area filled with natural light. The gourmet kitchen is the FEATURE of this open home design and includes upgraded stainless appliances, a walk-in pantry, and the HUGE island is a chef's dream. The exquisite master bedroom suite and designer master bath is separated for privacy from the other 3 spacious bedrooms on the opposite end of the house. The lushly landscaped back yard has a large covered patio with a smaller patio extension as well as an additional pergola-covered patio for optimal outdoor entertaining. All this sits on a .25 acre homesite with all advantanges a gated community.

Last Agent to Sell the Property

Kora Shear

Realty One Group Concierge License #53959 Listed on: 06/13/2021

Co-Listed By

Tawny Determan

Realty One Group Concierge

Last Buyer's Agent

Barbara Wade

Realty One of New Mexico License #44410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 2018

Lot Details

  • 10,454 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Xeriscape Landscape
  • Sprinkler System
  • Private Yard

HOA Fees

  • $1,212 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garage Doors

Home Design

  • Spanish Architecture
  • Frame Construction
  • Tile Roof
  • Stucco
  • Stone

Interior Spaces

  • 2,732 Sq Ft Home
  • Property has 1 Level
  • Coffered Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Separate Formal Living Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Private Water Closet
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Build Green New Mexico Bronze
  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1011076273111

Community Details

Overview

  • Association fees include clubhouse, common areas, pool(s)
  • Built by D.R. Horton
  • The Peaks Subdivision
  • Planned Unit Development

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,336

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,212 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Take HWY 550 West from I-25 to NW LOOP (Unser) approx. 7 miles, and turn left.Turn Right on Mariposa Parkway, approx. 2.5 miles. Turn Left on Redondo Sierra Vista and then left again at Blue Grandma Drive approx. 1 mile to Pikes Peak Loop and turn Left. Enter through the gates and drive straight.
  • Listing Contract Date: 2021-06-10
  • Year Built: 2018
  • Lot Size Acres: 0.24
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: CLLC01
  • Co List Office Phone: (505) 318-1111
  • Subdivision Name: The Peaks
  • Architectural Style: Spanish/Mediterranean
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Construction, Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Breakfast Area, Bathtub, Cove Ceiling, Separate/Formal Dining Room, Dual Sinks, Great Room, Garden Tub/Roman Tub, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Soaking Tub, Separate Shower, Cable TV, Water Closet(s), Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2732.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Vinyl

Exterior Features

  • Exterior Features: Privacy Wall, Private Yard, Sprinkler/Irrigation
  • Roof: Tile
  • Fencing: Gate
  • Lot Features: Landscaped, Planned Unit Development, Xeriscape
  • Pool Features: Community
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: D.R. Horton
  • Construction Type: Frame, Stucco, Rock
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Door-Multi, Garage, Two Car Garage

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Electric: None
  • Heating: Combination, Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1212.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s)

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.0
  • Parcel #: 1011076273111
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Building Verification Type: Build Green New Mexico Bronze

Tax Info

  • Tax Annual Amount: 5336.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Aug 3, 2021
Sold by
Smith Victor D
Bought by
Lobato Richard L and Lobato Danette C
Seller's Agent
Kora Shear
Realty One Group Concierge
Buyer's Agent
Barbara Wade
Realty One of New Mexico
List Price
$550,000
Current Estimated Value
$615,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$495,000
Outstanding Balance
$450,779
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$164,858

Purchase Details

Closed on
Oct 1, 2019
Sold by
D R Horton Inc
Bought by
Smith Victor D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,010
Interest Rate
3.6%
Mortgage Type
VA
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
Lobato Richard L -- Fidelity National Ttl Ins Co
Smith Victor D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobato Richard L $495,000
Previous Owner Smith Victor D $342,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold -- -- --
06/23/2021 06/23/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $550,000 -- $201 / 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
2025 $7,253 $180,184 $19,324 $160,860
2024 $7,156 $174,936 $16,500 $158,436
2023 $7,156 $169,841 $16,500 $153,341
2022 $6,975 $164,894 $16,500 $148,394
2021 $5,474 $127,146 $16,500 $110,646
2020 $5,336 $123,443 $0 $0
2019 $5,377 $117,736 $0 $0
2018 $1,605 $16,500 $0 $0
2017 $1,371 $10,710 $0 $0
2016 $1,237 $6,600 $0 $0
2014 $589 $6,600 $0 $0
2013 -- $10,210 $10,210 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kora Shear

    Realty One Group Concierge

    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tawny Determan

    Realty One Group Concierge

  • Barbara Wade

    Buyer's Agent in 2021

    Barbara Wade

    Realty One of New Mexico

    (505) 903-9061

    4 in this area

    15 Total Sales

    Barbara Wade
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jennifer Cook

    Realty One of New Mexico

    (505) 553-3084

    4 in this area

    52 Total Sales

    Jennifer Cook
    Section Image
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Map

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

MLS Number: 994277

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-076-273-111

New Mexico Sandoval County Rio Rancho 87144 Mariposa

5700 Pikes Peak Loop NE, Rio Rancho, NM

This home is located at 5700 Pikes Peak Loop NE, Rio Rancho, NM 87144 since 13 June 2021 and is currently estimated at $615,637, approximately $225 per square foot. This property was built in 2018. 5700 Pikes Peak Loop 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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