NOT LISTED FOR SALE

Estimated Value: $427,000 - $539,000

2 Beds
1 Bath
3,700 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 25, 2021

Current estimated payment $2,699/month

Highlights

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

About This Home

As of June 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, low maintenance landscaping and a paved parking lot. Fourplex directly across parking lot (607 Vancouver) also for sale. No property disclosure. 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

Gaillour Group

Keller Williams Realty License #49199

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

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

Kitchen

  • Range Hood
  • Dishwasher
  • 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 1009069354070

Community Details

Overview

  • 3,700 Sq Ft Building
  • Built by Taylor

Building Details

  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,938

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.
  • Year Built: 2000
  • Lot Size Acres: 0.34
  • 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: Dishwasher, Disposal, Refrigerator, Range Hood
  • 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

Utilities

  • Cooling: Evaporative Cooling
  • 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

Lot Info

  • Lot Size Sq Ft: 15000.0
  • Parcel #: 1009069354070
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33600.0

Tax Info

  • Tax Annual Amount: 2938.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 22, 2021
Sold by
Budiman Mindy Li
Bought by
Gaillour Marsha and Harrison Tim
Seller's Agent
Stephanie Durand
Corner Post Company, LLC
Buyer's Agent
Gaillour Group
Keller Williams Realty
List Price
$320,000
Current Estimated Value
$450,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$236,250
Outstanding Balance
$213,895
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$250,994

Purchase Details

Closed on
Mar 12, 2020
Sold by
Ma Hai Da and Wong Yuk Wah
Bought by
Budiman Mindy Li

Purchase Details

Closed on
May 24, 2010
Sold by
Gary Taylor and Gary Evalee
Bought by
Ma Hai Da and Wong Yuk Wah
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
Gaillour Marsha -- Stewart
Gaillour Marsha -- Stewart Santa Fe
Budiman Mindy Li -- None Available
Ma Hai Da -- Us Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaillour Marsha $236,250
Closed Gaillour Marsha $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold -- -- --
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $320,000 -- $86 / 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 $3,905 $108,358 $14,613 $93,745
2024 $3,961 $108,358 $14,613 $93,745
2023 $3,961 $108,358 $14,613 $93,745
2022 $3,845 $105,202 $14,613 $90,589
2021 $3,026 $80,993 $17,787 $63,206
2020 $2,938 $78,634 $0 $0
2019 $2,958 $78,634 $0 $0
2018 $2,701 $76,344 $0 $0
2017 $2,609 $74,694 $0 $0
2016 $3,510 $89,696 $0 $0
2014 $3,393 $89,696 $0 $0
2013 -- $89,696 $6,396 $83,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 990801

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-009-069-354-070