NOT LISTED FOR SALE

618 Vancouver Rd SE Rio Rancho, NM 87124

Solar Village-Mid-Unser Neighborhood

Estimated Value: $354,000 - $457,000

2 Beds
1 Bath
2,800 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 16, 2020

Current estimated payment $2,352/month

23 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Community Storage Space
  • Eagle Ridge Middle School Rated A-
  • Forced Air Heating System
  • Property has 1 Level

About This Home

As of January 2020

A Fully occupied, 4 plex for sale. All units have refrigerators, stoves, stacking washer/dryers, and private backyards. APOD available upon request. Attractive Cap rates and upside. Proof of funds or pre-approval must accompany each offer. Viewing of units will be available for inspections upon and accepted offer. Please do not disturb tenants. 1 additional 4-plexes is available through same listing broker at 513 Vancouver.Please do not walk properties or disturb Tenants at either properties. Thank you for being considerate of the tenants rights to quiet enjoyment., 100% occupied.

Last Agent to Sell the Property

Mark Rickert

Real Broker, LLC License #49444 Listed on: 10/18/2019

Last Buyer's Agent

Gaillour Group

Keller Williams Realty License #49199

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 1997

Lot Details

  • 0.34 Acre Lot

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,800 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

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

Community Details

  • 2,800 Sq Ft Building
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1009069408108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,173

Year Built

Built in 1997

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.
  • Year Built: 1997
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: KWLR01
  • Co List Office Phone: (505) 271-8200
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2800.0

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: 100 Amp Service, 220 Volts
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, 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: 14810.4
  • Parcel #: 1009069408108
  • Zoning Description: R-1

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2173.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 15, 2020
Sold by
Cheng Mo and Chen Melija
Bought by
Gaillour Daniel R and Gaillour Alexandra T
Seller's Agent
Mark Rickert
Real Broker, LLC
Buyer's Agent
Gaillour Group
Keller Williams Realty
List Price
$245,000
Current Estimated Value
$405,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$180,000
Outstanding Balance
$159,037
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$246,463

Purchase Details

Listed on
Jul 3, 2015
Closed on
Sep 14, 2015
Sold by
Mullen Jim A and Mullen Cindy R
Bought by
Cheng Mo and Cheng Meijia
Seller's Agent
Jacqueline Rodriguez
ERA Sellers & Buyers Real Esta
Buyer's Agent
Timothy Sander
Realty Consultants
List Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gaillour Daniel R -- Old Republic National Title
Cheng Mo -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaillour Daniel R $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2020 01/16/20 Sold -- -- --
11/12/2019 11/12/19 Pending -- -- --
10/20/2019 10/20/19 For Sale $245,000 +19.5% $88 / Sq Ft
10/18/2019 10/18/19 Off Market -- -- --
09/16/2015 09/16/15 Sold -- -- -- View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $205,000 -- $293 / 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 $2,577 $71,514 $14,785 $56,729
2024 $2,614 $71,514 $14,785 $56,729
2023 $2,614 $71,514 $14,785 $56,729
2022 $2,538 $69,432 $14,785 $54,647
2021 $2,594 $69,432 $14,785 $54,647
2020 $2,364 $63,269 $0 $0
2019 $2,380 $63,269 $0 $0
2018 $2,173 $61,426 $0 $0
2017 $2,083 $59,637 $0 $0
2016 $2,266 $57,900 $0 $0
2014 $2,347 $62,051 $0 $0
2013 -- $62,051 $3,955 $58,096
Source: Public Records

Agents Affiliated with this Home

  • Mark Rickert

    Seller's Agent in 2020

    Mark Rickert

    Real Broker, LLC

    (505) 570-4602

    3 in this area

    107 Total Sales

    Mark Rickert
    Section Image

  • G

    Buyer's Agent in 2020

    Gaillour Group

    Keller Williams Realty

    (505) 897-1100

    5 in this area

    133 Total Sales

    Gaillour Group
    Section Image

  • D

    Buyer Co-Listing Agent in 2020

    Daniel Gaillour

    Keller Williams Realty

    (505) 600-9913

    7 Total Sales

    Daniel Gaillour
    Section Image

  • J

    Seller's Agent in 2015

    Jacqueline Rodriguez

    ERA Sellers & Buyers Real Esta

  • Timothy Sander

    Buyer's Agent in 2015

    Timothy Sander

    Realty Consultants

    (505) 934-0077

    Timothy Sander
    Section Image
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Map

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

MLS Number: 956302

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-069-408-108

New Mexico Sandoval County Rio Rancho 87124 Solar Village-Mid-Unser

618 Vancouver Rd SE, Rio Rancho, NM

Not Listed for Sale

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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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