NOT LISTED FOR SALE

Estimated Value: $395,000 - $454,000

2 Beds
1 Bath
3,700 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 24, 2021

Current estimated payment $2,544/month

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Ceiling Fan
  • Eagle Ridge Middle School Rated A-
  • Forced Air Heating System
  • Community Storage Space

About This Home

As of May 2021

Outstanding Rio Rancho investment opportunity! 2 bedroom 1 bath units that are always occupied. Close to schools, shopping, parks and a pool. All apartments have washer & dryer hookups and a walk-in closet in the larger bedroom. Brand new roof and large open garage at the end of building. Low maintenance landscaping and a paved parking lot. Fourplex directly across parking lot (619 Vancouver) also for sale. No property disclosure. Property being sold ''As Is''. Please do not disturb tenants. Showing available after accepted PA and 24 - 48 hour notice.

Last Agent to Sell the Property

Stephanie Durand

Corner Post Company, LLC Listed on: 04/29/2021

Last Buyer's Agent

Nataly Mijares-Villarreal

Realty One of New Mexico License #52285

Realty One of New Mexico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Range Hood
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1009069362079

Community Details

Overview

  • 3,700 Sq Ft Building
  • Built by Taylor
  • Subd: Rio Rancho Estates Block Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,082

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: West On Southern From 528.North On Rainbow. East On Pecos To Vancouver.
  • Listing Contract Date: 2021-04-29
  • Year Built: 2000
  • Lot Size Acres: 0.34
  • Subdivision Name: SUBD: RIO RANCHO ESTATES BLOCK
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Convection Oven, Disposal, Microwave, Refrigerator, Range Hood
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3700.0

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Taylor
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Lot Info

  • Lot Size Sq Ft: 15000.0
  • Parcel #: 1009069362079
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3081.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Ma Hai Da and Wong Yuk Wah
Bought by
Budiman Mindy Li
Current Estimated Value
$432,830
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
Budiman Mindy Li -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold -- -- --
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $328,000 -- $89 / 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 $3,154 $87,500 $13,378 $74,122
2024 $3,105 $87,500 $13,378 $74,122
2023 $3,105 $84,952 $17,851 $67,101
2022 $3,105 $84,952 $17,851 $67,101
2021 $3,174 $84,952 $17,851 $67,101
2020 $3,082 $82,478 $0 $0
2019 $3,103 $82,478 $0 $0
2018 $2,833 $80,076 $0 $0
2017 $2,736 $78,324 $0 $0
2016 $3,574 $91,327 $0 $0
2014 $3,454 $91,327 $0 $0
2013 -- $91,327 $3,921 $87,406
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 990800

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-069-362-079