NOT LISTED FOR SALE

625 Palo Alto Dr NE Rio Rancho, NM 87124

Loma Colorado Neighborhood

Estimated Value: $553,000 - $597,000

6 Beds
4 Baths
3,082 Sq Ft
$189/Sq Ft Est. Value

Last Sold December 01, 2023

Current estimated payment $3,730/month

2 Days on Market

Highlights

  • Cathedral Ceiling
  • Loft
  • Multiple Living Areas
  • Ernest Stapleton Elementary School Rated A-
  • Private Yard
  • 3-minute walk to Prado Alto Park

About This Home

As of December 2023

This beautiful and well maintained home is ready for it's next adventure! Plenty of room to spread out with 6 bedrooms, an office, loft space, formal dinning room, and an oversized 3 car garage! An open floorpan that is flooded with natural light. The kitchen is a chef's dream with granite counter tops, SS appliances, built in oven/microwave, and a gas range. The backyard is finished, private, and easily maintained. Close to top rated schools, parks, restaurants and shopping. Schedule a showing today!

Last Agent to Sell the Property

Danielle Erhard

ERA Summit License #50334 Listed on: 11/10/2023

Last Buyer's Agent

MARGO PADILLA

EXP Realty LLC License #41580

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,901

Year Built

  • Built in 2015

Lot Details

  • 6,970 Sq Ft Lot
  • East Facing Home
  • Private Yard

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,082 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Multiple Living Areas
  • Open Floorplan
  • Home Office
  • Loft
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Kitchen Island

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • Built by Pulte
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 1013070330241

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,901

Year Built

Built in 2015

Lot Details

0

HOA Fees

$65 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Loma Colorado Main Library At the traffic circle, continue straight onto, Turn right onto Puenta Alto Ave NE, Turn right onto Palo Alto Dr NE, property will be on your left.
  • Listing Contract Date: 2023-11-10
  • Year Built: 2015
  • Lot Size Acres: 0.16
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Family/Dining Room, Home Office, Jack and Jill Bath, Kitchen Island, Loft, Living/Dining Room, Multiple Living Areas, Main Level Primary, Tub Shower, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3082.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Tile
  • Fencing: Wall
  • Lot Features: Planned Unit Development
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Pulte
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: None

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 1013070330241
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 5900.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Nov 30, 2023
Sold by
Wenzel Jared William and Wenzel Tiffany Pauline
Bought by
Arceo Ann Marie and Arceo Francisco
Seller's Agent
Danielle Erhard
ERA Summit
Buyer's Agent
MARGO PADILLA
EXP Realty LLC
List Price
$515,000
Views
106
Current Estimated Value
$582,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$408,000
Outstanding Balance
$401,730
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$169,279

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 9, 2021
Sold by
Padilla John L
Bought by
Wenzel Jared William and Wenzel Tiffany Pauline
Seller's Agent
Gabriel Salazar
360 Ventures Real Estate
Buyer's Agent
Danielle Erhard
ERA Sellers & Buyers Real Esta
List Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2017
Closed on
Apr 17, 2017
Sold by
Martin Bleicher Geraldine
Bought by
Padilla John L
Seller's Agent
Kristi Bowen
RE/MAX SELECT
Buyer's Agent
Bernice Holguin
Coldwell Banker Legacy
List Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$300,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bleicher George R
Bought by
Bleicher Geraldine Martin

Purchase Details

Closed on
Aug 28, 2015
Sold by
Pulte Homes Of New Mexico Inc
Bought by
Bleicher George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,674
Interest Rate
4.12%
Mortgage Type
VA
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
Arceo Ann Marie -- First American Title Insurance
Wenzel Jared William -- Title Alliance Of Nm Llc
Padilla John L -- Stewart Title
Bleicher Geraldine Martin -- None Available
Bleicher George R -- Pgp Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arceo Ann Marie $408,000
Previous Owner Wenzel Jared William $360,000
Previous Owner Padilla John L $261,000
Previous Owner Padilla John L $268,809
Previous Owner Padilla John L $300,600
Previous Owner Bleicher George R $173,674
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold -- -- --
11/13/2023 11/13/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $515,000 +12.0% $167 / Sq Ft
09/09/2021 09/09/21 Sold -- -- --
08/03/2021 08/03/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $460,000 +29.6% $154 / Sq Ft
04/17/2017 04/17/17 Sold -- -- --
03/10/2017 03/10/17 Pending -- -- --
02/26/2017 02/26/17 For Sale $355,000 -- $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 $5,901 $183,722 $28,667 $155,055
2023 $5,901 $161,438 $16,000 $145,438
2022 $5,729 $156,736 $16,000 $140,736
2021 $4,100 $111,035 $16,000 $95,035
2020 $4,028 $107,801 $0 $0
2019 $3,937 $104,661 $0 $0
2018 $4,051 $114,513 $0 $0
2017 $3,595 $102,919 $0 $0
2016 $4,027 $102,919 $0 $0
2014 -- $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danielle Erhard

    Seller's Agent in 2023

    Danielle Erhard

    ERA Summit

    (505) 331-1876

    2 in this area

    132 Total Sales

    Danielle Erhard
    Section Image

  • M

    Buyer's Agent in 2023

    MARGO PADILLA

    EXP Realty LLC

    (505) 679-7998

    1 in this area

    11 Total Sales

    MARGO PADILLA
    Section Image

  • G

    Seller's Agent in 2021

    Gabriel Salazar

    360 Ventures Real Estate

  • Melissa Salazar

    Seller Co-Listing Agent in 2021

    Melissa Salazar

    360 Ventures Real Estate

    (505) 414-8005

    1 in this area

    118 Total Sales

    Melissa Salazar
    Section Image

  • K

    Seller's Agent in 2017

    Kristi Bowen

    RE/MAX

  • B

    Buyer's Agent in 2017

    Bernice Holguin

    Coldwell Banker Legacy

See All Agents

Map

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

MLS Number: 1044618

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-070-330-241

New Mexico Sandoval County Rio Rancho 87124 Loma Colorado

625 Palo Alto Dr NE, Rio Rancho, NM

This home is located at 625 Palo Alto Dr NE, Rio Rancho, NM 87124 since 10 November 2023 and is currently estimated at $582,294, approximately $188 per square foot. This property was built in 2015. 625 Palo Alto Dr NE is a home located in Sandoval County with nearby schools including Ernest Stapleton 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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