$319,000
PENDING $10K PRICE DROP

571 Hermit Falls Dr SE Rio Rancho, NM 87124

Estimated payment $1,928/month

Total Views 2,378
3 Beds
2 Baths
1,924 Sq Ft
$166 Price per Sq Ft

Highlights

  • Deck
  • Cathedral Ceiling
  • Private Yard
  • Martin Luther King Jr. Elementary School Rated A
  • Separate Formal Living Room
  • Covered Patio or Porch

About This Home

This home checks all the boxes! Great curb appeal, open floor plan, and a large bonus converted patio! (not included in sqft) Plenty of natural light throughout. The heart of the home is the expansive living room, centered around a cozy gas fireplace that creates a warm, inviting atmosphere. Entertain with ease in the formal dining room. The primary suite is a true retreat, complete with a fireplace, a luxurious six-foot oval soaking tub, a separate shower, and a generous walk-in closet. Backyard has an additional covered patio. Spanish tile roof. Don't forget the amazing location! Rio Rancho is an award winning city for best quality of life overall. Rio Rancho School district.

Listing Agent

NM Home Deals

Keller Williams Realty Listed on: 07/16/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,187

Year Built

  • Built in 1994

Lot Details

  • 5,227 Sq Ft Lot
  • East Facing Home
  • Private Yard

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Permanent Foundation
  • Pitched Roof
  • Tile Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,924 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Three Sided Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Sliding Doors
  • Separate Formal Living Room
  • Open Floorplan
  • Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • Association fees include common areas
  • Built by Charter

Listing and Financial Details

  • Assessor Parcel Number R027758

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,187

Year Built

Built in 1994

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Rio Rancho Blvd.(528) and Southern Blvd. proceed West on Southern Blvd. to Country Club. Turn right (North) on Country Club to the Broadmoor Street Circle. Proceed North West on Broadmoor Street to West Island Drive. Turn right (East) on West Island Drive. Turn right (South) on Hermit Falls Drive. Proceed to 571 on the right (West) side.
  • Listing Contract Date: 2025-07-07
  • Year Built: 1994
  • Lot Size Acres: 0.12
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Living/Dining Room, Main Level Primary, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Possible Bedrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Gas Log, Multi-Sided
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1924.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl

Exterior Features

  • Exterior Features: Deck, Private Yard
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Charter
  • Construction Type: Synthetic Stucco
  • Direction Faces: East
  • Foundation Details: Permanent
  • Patio And Porch Features: Covered, Deck, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas 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: 21.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: R027758
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2186.6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,090 $58,904 $10,910 $47,994
2023 $2,090 $57,189 $10,548 $46,641
2022 $2,029 $55,523 $10,287 $45,236
2021 $2,014 $53,906 $10,285 $43,621
2020 $1,955 $52,336 $0 $0
2019 $1,911 $50,812 $0 $0
2018 $1,745 $49,332 $0 $0
2017 $1,673 $47,895 $0 $0
2016 $1,820 $46,500 $0 $0
2014 -- $64,611 $0 $0
2013 -- $64,611 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $319,000 -1.5% $166 / Sq Ft
07/25/2025 07/25/25 Price Changed $324,000 -1.5% $168 / Sq Ft
07/16/2025 07/16/25 For Sale $329,000 +82.8% $171 / Sq Ft
05/14/2015 05/14/15 Sold -- -- --
03/24/2015 03/24/15 Pending -- -- --
09/30/2014 09/30/14 For Sale $180,000 -- $96 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity Natl Title Nm Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Source: Public Records

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

MLS Number: 1087945

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-069-437-184