Last list price
581 Bahama Dr SE Rio Rancho, NM 87124
4
Beds
1.5
Baths
1,631
Sq Ft
0.51
Acres
Highlights
- Private Yard
- Covered Patio or Porch
- Ductless Heating Or Cooling System
- Eagle Ridge Middle School Rated A-
- 2 Car Attached Garage
- 4-minute walk to Cielo Vista Park
About This Home
As of June 2025Welcome to a beautifully updated 4-bedroom, 1.5 bathroom home situated on a spacious half-acre lot in Rio Rancho. This stunning property features a remodeled kitchen and bathrooms with modern finishes, a brand-new roof (installed 12/24) for long-term durability, and a newly upgraded refrigerated air system (installed 02/25) to keep you comfortable year-round. The expansive lot offers endless possibilities for outdoor living, entertaining, or even RV parking. Move-in ready and thoughtfully updated, this home is a perfect blend of style, comfort, and space. Don't miss out--schedule your showing today!
Last Agent to Sell the Property
The Lovely Home Company License #52273 Listed on: 03/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,911
Year Built
- Built in 1983
Lot Details
- 0.51 Acre Lot
- Southwest Facing Home
- Private Yard
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Frame Construction
- Pitched Roof
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,631 Sq Ft Home
- Property has 1 Level
- Single Hung Metal Windows
- Free-Standing Electric Range
- Washer and Gas Dryer Hookup
Flooring
- CRI Green Label Plus Certified Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Covered Patio or Porch
- Shed
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number R111714
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2025
Closed on
Jun 4, 2025
Sold by
Marquez Angelica and Marquez Fredis Ramos
Bought by
Bustillos Yolanda and Gallegos Victor Cervantes
Seller's Agent
Elizabeth Saldana
The Lovely Home Company
Buyer's Agent
Cody Bratton
Elevate New Mexico Realty
List Price
$399,000
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.38%
Original Mortgage
$337,250
Outstanding Balance
$336,963
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$12,230
Purchase Details
Listed on
Oct 21, 2022
Closed on
Dec 15, 2022
Sold by
Fikhman Mikhail and Fikhman Edita
Bought by
Marquez Angelica and Marquez Fredis Ramos
Seller's Agent
Joseph LaMastra
RealABQ
Buyer's Agent
Elizabeth Saldana
The Lovely Home Company
List Price
$189,595
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%
Original Mortgage
$105,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 21, 2022
Closed on
Dec 2, 2022
Sold by
Vendee Mortgage Trust
Bought by
Fikhman Mikhail and Fikhman Edita
Seller's Agent
Joseph LaMastra
RealABQ
Buyer's Agent
Elizabeth Saldana
The Lovely Home Company
List Price
$189,595
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Insurance | |
| Warranty Deed | -- | First American Title Insurance | |
| Warranty Deed | -- | Old Republic National Title | |
| Special Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,250 | New Conventional | |
| Closed | $337,250 | New Conventional | |
| Previous Owner | $105,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | -- | -- | -- |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $355,000 | -2.7% | $218 / Sq Ft |
| 04/17/2025 04/17/25 | Price Changed | $365,000 | -2.7% | $224 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $375,000 | -6.0% | $230 / Sq Ft |
| 03/21/2025 03/21/25 | For Sale | $399,000 | +110.4% | $245 / Sq Ft |
| 12/16/2022 12/16/22 | Sold | -- | -- | -- |
| 10/24/2022 10/24/22 | Pending | -- | -- | -- |
| 10/21/2022 10/21/22 | For Sale | $189,595 | -- | $118 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History Compared to Growth
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 | $2,911 | $82,029 | $17,000 | $65,029 |
| 2023 | $2,911 | $79,640 | $17,000 | $62,640 |
| 2022 | $1,366 | $37,371 | $7,840 | $29,531 |
| 2021 | $1,356 | $36,282 | $7,632 | $28,650 |
| 2020 | $1,316 | $35,226 | $0 | $0 |
| 2019 | $1,287 | $34,200 | $0 | $0 |
| 2018 | $1,210 | $34,200 | $0 | $0 |
| 2017 | $1,160 | $33,204 | $0 | $0 |
| 2016 | $1,262 | $32,237 | $0 | $0 |
| 2014 | $1,219 | $32,237 | $0 | $0 |
| 2013 | -- | $32,237 | $7,285 | $24,952 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Saldana
Seller's Agent in 2025
Elizabeth Saldana
The Lovely Home Company
(505) 440-1987
130 Total Sales
-
Cody Bratton
Buyer's Agent in 2025
Cody Bratton
Elevate New Mexico Realty
(575) 937-7655
22 Total Sales
-
Joseph LaMastra
Seller's Agent in 2022
Joseph LaMastra
RealABQ
(505) 506-6866
58 Total Sales
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1080537
APN: 1-010-069-078-099
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.
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.
Nearby Homes
- 475 Bermuda Dr SE
- 614 Baltic Ave SE
- 778 Plata Dr SE
- 404 Pecos Loop SE
- 533 Vancouver Rd SE
- 406 Inca Rd SE
- 392 Pecos Loop SE
- 606 Inca Rd SE
- 644 Hood Rd SE
- 217 Rd SE Unit 11
- 213 Tulip U11 Ba L23 Rd SE Unit 11
- 0 4th Ave SE Unit 1017302
- 517 Tulip Rd SE
- 9999 Tulip Rd SE
- 1808 4th St SE
- 21 5th St SE
- 6 5th St SE
- 160 Timor Rd SE
- 0 5th St SW
- 12 6th (U11 B14 L3 Or 4) St NE