$355,000
SOLD JUN 5, 2025
Last list price

581 Bahama Dr SE Rio Rancho, NM 87124

4 Beds
1.5 Baths
1,631 Sq Ft
0.51 Acres

Recently Sold

$218 Per Sq Ft

46 Days on Market

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 2025

Welcome 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

Elizabeth Saldana

The Lovely Home Company License #52273 Listed on: 03/21/2025

Last Buyer's Agent

Cody Bratton

Elevate New Mexico Realty License #REC20230230

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,911

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: 2025-03-10
  • Year Built: 1983
  • Lot Size Acres: 0.51
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Architectural Style: Ranch
  • 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, Laminate, Tile
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1631.0
  • 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: Southwest
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Ductless
  • Heating: Central, Ductless, 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

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: R111714
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2910.92

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

Similar Homes in Rio Rancho, NM

  • 20 2nd St NE, Rio Rancho, NM 87124

    $330,000

    • 3 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 20 2nd St NE
    • Rio Rancho, NM

    Welcome to your dream home! This beautiful 1,550 sq. ft. residence features three bedrooms and two bathrooms, set on a gorgeous half-acre lot with spectacular views of the Sandia Mountains. The open floor plan is flooded with natural light, complemented by fresh paint, newer tile flooring in the main areas, and cozy carpeted bedrooms. The kitchen is equipped with stainless steel appliances,

    Selling The Sandias Keller Williams Realty

    Section Image
  • 1331 Apex Ct SE, Rio Rancho, NM 87124

    $316,000

    • 3 Beds
    • 2 Baths
    • 1,365 Sq Ft
    • 1331 Apex Ct SE
    • Rio Rancho, NM

    Beautiful remodel Home!! 3-Bedroom, and 2-Bath New stainless steel appliances enjoy a spacious open-concept kitchen. Back yard access with low-maintenance xeriscapes yard. Move-in ready!!!

    Anahi Salcido Realty One of New Mexico

    Section Image
  • 421 Northern Blvd NE, Rio Rancho, NM 87124

    $396,905

    • 4 Beds
    • 2.5 Baths
    • 1,994 Sq Ft
    • 421 Northern Blvd NE
    • Rio Rancho, NM

    Located on a quarter acre lot, this four bed, three bath home offers 1,994 SQ FT of contemporary living space built to Green Build New Mexico Gold standards, ensuring superior energy efficiency and sustainability. The open floor plan is designed for modern living, featuring a owner's suite sitting area, and a striking twelve-foot sliding glass door connecting indoor and outdoor spaces. Enjoy the

    Brian Earnest Q Realty

    Section Image
  • 240 Nicklaus Dr SE, Rio Rancho, NM 87124

    $415,000

    • 4 Beds
    • 2 Baths
    • 1,999 Sq Ft
    • 240 Nicklaus Dr SE
    • Rio Rancho, NM

    Back on the market, Loan fell through. Welcome home! This 4-bedroom, 2-bathroom house boasts a 3-car garage and sits on a half-acre lot in town. This home has owned solar. It features backyard access with RV space and stunning mountain views. Fully updated inside and out, it offers a brand-new kitchen, fresh paint, updated fixtures, and new flooring. With a central vacuum system, this turn-key

    Chris Cantrell MORE Realty, Inc

    Section Image
  • 3213 May Cir SE, Rio Rancho, NM 87124

    $350,000

    • 3 Beds
    • 2 Baths
    • 2,279 Sq Ft
    • 3213 May Cir SE
    • Rio Rancho, NM

    Beautiful 3-bed, 2-bath home set on over half an acre on a desirable corner lot in the popular Rio Rancho school district. The expansive family room features dramatic beam cathedral ceilings & a stunning full-wall stone fireplace. The generous primary suite offers its own kiva fireplace, creating a warm & inviting atmosphere.Enjoy outdoor living w/a charming front patio & pergola, an extended

    Joy Wasson Realty One of New Mexico

    Section Image
  • 1113 Jacob's Dr NE, Rio Rancho, NM 87144

    $356,000

    • 4 Beds
    • 2.5 Baths
    • 2,126 Sq Ft
    • 1113 Jacob's Dr NE
    • Rio Rancho, NM

    Stylish, spacious, and full of charm--this 4-bed, 3-bath DR Horton home in Northern Meadows is ready to move in! The kitchen features elegant tile floors, granite counters, lots of cabinet space, and a walk-in pantry. Upstairs has 4 bedrooms, 2 bathrooms, and a convenient laundry room. The primary suite includes a walk-in closet and oversized shower. Dual A/C units ensure year-round comfort.

    Jocelyn Garrison All In Realty LLC

    Section Image
  • 2704 Wilder Loop NE, Rio Rancho, NM 87144

    $305,000

    • 3 Beds
    • 2 Baths
    • 1,129 Sq Ft
    • 2704 Wilder Loop NE
    • Rio Rancho, NM

    Welcome to your new sanctuary! This beautifully maintained home is ready for you to move in and start making memories. Featuring a well-cared-for interior, refrigerated air and solar panels this property is ideal for anyone looking for a comfortable living space. The solar energy system promotes sustainability and offers significant savings on your energy bills. The seller is committed to making

    Debrah Kemp R1 Commercial

    Section Image
  • 437 7th Ave NE, Rio Rancho, NM 87124

    $317,500

    • 3 Beds
    • 2 Baths
    • 1,380 Sq Ft
    • 437 7th Ave NE
    • Rio Rancho, NM

    ***Seller offering 3% closing cost/lender fees concession*** Charming single-level home, move-in ready for its next owner! This gem features a recently updated roof, tile floors, and an inviting open floorplan that maximizes space and light. Situated on a spacious lot with an oversized covered patio and plenty of potential, it's priced to sell and won't stay on the market long. Don't miss your

    Michael Schlichte Absolute Real Estate

    Section Image
  • 936 Tiffin Meadows Dr, Rio Rancho, NM 87144

    $320,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 936 Tiffin Meadows Dr
    • Rio Rancho, NM

    Beautifully renovated 3-bedroom, 2-bath home on a spacious corner lot in Northern Meadows! This move-in-ready gem features a stunning updated kitchen with an oversized eat-in island, marble flooring, and stacked stone accents. Enjoy year-round comfort with refrigerated air and the added benefit of a water softener system. The open layout is bright and inviting, and the oversized backyard offers

    Price Group Realtors All In Realty LLC

    Section Image
See All Homes in Rio Rancho

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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: 1080537

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 $355,000, approximately $217 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.

Nearby Homes