$189,595
SOLD DEC 16, 2022
Last list price

581 Bahama Dr SE Rio Rancho, NM 87124

3 Beds
1.5 Baths
1,611 Sq Ft
0.51 Acres

Recently Sold

$118 Per Sq Ft

2 Days on Market

Highlights

  • Private Yard
  • 2 Car Attached Garage
  • Jack-and-Jill Bathroom
  • Eagle Ridge Middle School Rated A-
  • Evaporated cooling system
  • 4-minute walk to Cielo Vista Park

About This Home

As of June 2025

Here's your chance to buy a fixer-upper with a lot of potential, so bring your tool box and elbow grease. The water heater and furnace were recently replaced so you have a head start there. The home has three bedrooms on the south side and an additional flex room that would make a good office or workspace on the north side. There's a large kitchen and dining area and a wide living room. The home also boasts a large, two car garage and a huge, half acre yard that's vehicle accessible, walled and mostly level. This would be a great home for someone with an RV or other toys.

Last Agent to Sell the Property

Joseph LaMastra

RealABQ License #19617 Listed on: 10/21/2022

Last Buyer's Agent

Elizabeth Saldana

The Lovely Home Company License #52273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1983

Lot Details

  • 0.51 Acre Lot
  • West Facing Home
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,611 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1010069078099

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Unser, west on Southern to north on Baltic Ave SE, to west on Pecos Loop SE, to north on Archibeque Ave SE, to north (right) on Bahama. House on right.
  • Listing Contract Date: 2022-10-12
  • Year Built: 1983
  • Lot Size Acres: 0.51
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Jack and Jill Bath, Main Level Primary
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1611.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick Veneer, Frame, Wood Siding
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 1010069078099
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1380.0

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
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%
Original Mortgage
$337,250
Outstanding Balance
$337,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$21,856

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
Sold Price
$195,000
Premium/Discount to List
$5,405
2.85%
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
Sold Price
$195,000
Premium/Discount to List
$5,405
2.85%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $2,911 $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

    Elizabeth Saldana
    Section Image
  • Cody Bratton

    Buyer's Agent in 2025

    Cody Bratton

    Elevate New Mexico Realty

    (575) 937-7655

    20 Total Sales

    Cody Bratton
    Section Image
  • Joseph LaMastra

    Seller's Agent in 2022

    Joseph LaMastra

    RealABQ

    (505) 506-6866

    58 Total Sales

    Joseph LaMastra
    Section Image
See All Agents

Map

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

MLS Number: 1024705

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-069-078-099

New Mexico Sandoval County Rio Rancho 87124

581 Bahama Dr SE, Rio Rancho, NM

This home is located at 581 Bahama Dr SE, Rio Rancho, NM 87124 and is currently estimated at $189,595, approximately $117 per square foot. This property was built in 1983. 581 Bahama Dr SE is a home located in Sandoval County with nearby schools including Puesta del Sol Elementary School, Eagle Ridge Middle School, and Rio Rancho 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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