NOT LISTED FOR SALE

701 Cerro de Ortega Dr SE Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $291,000 - $332,000

3 Beds
2 Baths
1,519 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 22, 2020

Current estimated payment $1,889/month

2 Days on Market

Highlights

  • Wooded Lot
  • Private Yard
  • Covered Courtyard
  • Rio Rancho Elementary School Rated A-
  • Gazebo
  • Walk-In Closet

About This Home

As of May 2020

Welcome to Casa Serena!! Looking for a turn-key Airbnb? This beautifully renovated home boasts premium laminate and tile flooring. The kitchen with included Stainless Steel appliances are the perfect compliment to the butcher block counters and southwest wood beam adding amazing style. Both bathrooms have been completely updated providing a luxury spa feel including custom tile showers with benches and on-demand tankless water system. The options don't end on the interior, this fully landscaped property includes stamped concrete, stone benches, metal gazebo, Weather King storage shed, privacy fencing and backyard access via a custom gate. Not looking for an investment property? This home is perfect for the first time home buyer or those looking to downsize to their peaceful forever casa!!

Last Agent to Sell the Property

Daniel Paul

Coldwell Banker Legacy Listed on: 04/05/2020

Last Buyer's Agent

Agnes Leyba-cruz

Realty One of Santa Fe License #20769

Realty One of Santa Fe

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Fenced
  • Xeriscape Landscape
  • Sprinkler System
  • Wooded Lot
  • Private Yard

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,519 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Covered Courtyard
  • Gazebo
  • Outdoor Storage

Schools

  • Rio Rancho Middle School
  • Rio Rancho High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1014068144478

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Hwy 528 and Sabana Grande Ave. East on Sabana Grande to Cerro De Ortega Dr SE. Left on Cerro De Ortega to home on left.
  • Listing Contract Date: 2020-04-04
  • Year Built: 1973
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
  • Interior Amenities: Kitchen Island, Main Level Master, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1519.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Courtyard, Fence, Private Yard, Storage, Sprinkler/Irrigation
  • Roof: Composition, Flat
  • Lot Features: Landscaped, Trees, Xeriscape
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Other Structures: Gazebo
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Utilities

  • Electric: None
  • Heating: Natural Gas, Combination
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Rio Rancho
  • Middle Or Junior School: Rio Rancho

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1014068144478
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 980.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
May 22, 2020
Sold by
Sturgis Justin and Sturgis Laura
Bought by
Stalnaker Bryson
Seller's Agent
Daniel Paul
Coldwell Banker Legacy
Buyer's Agent
Agnes Leyba-cruz
Realty One of Santa Fe
List Price
$200,000
Current Estimated Value
$316,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$211,105
Outstanding Balance
$187,477
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$128,605

Purchase Details

Closed on
May 11, 2017
Sold by
Sturgis Justin and Sturgis Laura
Bought by
Sturgis Justin and Sturgis Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2002
Sold by
Ida Kamm
Bought by
Sturgis Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,650
Interest Rate
6.78%
Mortgage Type
New Conventional
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
Stalnaker Bryson -- Fidelity National Ttl Ins Co
Sturgis Justin -- Stewart Title
Sturgis Justin $96,624 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stalnaker Bryson $52,200
Open Stalnaker Bryson $211,105
Closed Stalnaker Bryson $6,333
Previous Owner Sturgis Justin $112,000
Previous Owner Sturgis Justin $72,650
Closed Sturgis Justin $86,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold -- -- --
04/08/2020 04/08/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $200,000 -- $132 / 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 $2,630 $75,176 $11,295 $63,881
2024 $2,590 $72,987 $10,276 $62,711
2023 $2,590 $70,862 $8,917 $61,945
2022 $2,515 $68,797 $0 $0
2021 $2,496 $66,794 $7,333 $59,461
2020 $1,003 $26,838 $0 $0
2019 $980 $26,057 $0 $0
2018 $895 $25,298 $0 $0
2017 $858 $24,562 $0 $0
2016 $961 $24,562 $0 $0
2014 $929 $24,562 $0 $0
2013 -- $23,846 $5,683 $18,163
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Daniel Paul

    Coldwell Banker Legacy

  • A

    Buyer's Agent in 2020

    Agnes Leyba-cruz

    Realty One of Santa Fe

    (505) 699-1667

    62 Total Sales

    Agnes Leyba-cruz
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Map

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

MLS Number: 965881

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-144-478

New Mexico Sandoval County Rio Rancho 87124 Corrales Heights

701 Cerro de Ortega Dr SE, Rio Rancho, NM

This home is located at 701 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 since 05 April 2020 and is currently estimated at $316,082, approximately $208 per square foot. This property was built in 1973. 701 Cerro de Ortega Dr SE is a home located in Sandoval County with nearby schools including Rio Rancho Elementary School, Rio Rancho 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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