NOT LISTED FOR SALE

703 Tarpon Ave SE Rio Rancho, NM 87124

Estimated Value: $336,687 - $388,000

4 Beds
3 Baths
2,222 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 02, 2020

Current estimated payment $2,095/month

79 Days on Market

Highlights

  • Two Primary Bedrooms
  • Country Kitchen
  • Double Pane Windows
  • Maggie Cordova Elementary School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of January 2020

Beautiful and recently updated. Fresh paint new kitchen appliances.Open light and bright. Large open floor plan. Kitchen open to living area. Master is up. Huge lot.Shows like a model. Must see to appreciate.

Last Agent to Sell the Property

Karsten Associates

Karsten & Associates License #19964 Listed on: 09/09/2019

Last Buyer's Agent

John Chavez

Realty One of New Mexico License #44527

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Private Entrance
  • Fenced

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,222 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Insulated Windows
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Country Kitchen
  • Free-Standing Gas Range
  • Microwave

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Shower Only
  • Separate Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Valley Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1011069020122

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,102

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern and Unser head West on Unser to Tarpon. Head North on Tarpon to the address. The home is on the Westside of the street.
  • Listing Contract Date: 2019-09-09
  • Year Built: 1979
  • Lot Size Acres: 0.24
  • Subdivision Name: Valley Ridge
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Free-Standing Gas Range, Microwave
  • Interior Amenities: High Speed Internet, Country Kitchen, Multiple Master Suites, Shower Only, Separate Shower
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 2222.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence, Private Entrance
  • Roof: Pitched, Shingle
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick Veneer, Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

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

Lot Info

  • Current Use: Subdivision
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 1011069020122
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 30, 2019
Sold by
Rosales Prime Investments Llc
Bought by
Ortega Maira Payan
Seller's Agent
Karsten Associates
Karsten & Associates
Buyer's Agent
John Chavez
Realty One of New Mexico
List Price
$249,900
Current Estimated Value
$353,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$216,310
Outstanding Balance
$191,527
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$158,192

Purchase Details

Listed on
Dec 13, 2018
Closed on
Mar 26, 2019
Sold by
Federal National Mortgage Association
Bought by
Rosales Prime Investments Llc
Seller's Agent
Tim Tourville
Coldwell Banker Legacy
Buyer's Agent
Jesus Valdez
Realty One of New Mexico
List Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.02%

Purchase Details

Closed on
Sep 18, 2018
Sold by
New Penn Financial Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 2, 2018
Sold by
Lake Margaret
Bought by
New Penn Financial Llc and Shellpoint Mortgage Servicing
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
Ortega Maira Payan -- Old Republic Title
Payan Ortega Maria J -- Old Republic Natl Ttl Ins Co
Rosales Prime Investments Llc -- Stewart Title
Federal Home Loan Mortgage Corporation -- None Available
New Penn Financial Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payan Ortega Maria J $216,310
Closed Ortega Maira Payan $6,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold -- -- --
11/27/2019 11/27/19 Pending -- -- --
11/21/2019 11/21/19 Price Changed $220,000 -6.4% $99 / Sq Ft
09/21/2019 09/21/19 Price Changed $235,000 -6.0% $106 / Sq Ft
09/09/2019 09/09/19 For Sale $249,900 +78.6% $112 / Sq Ft
04/01/2019 04/01/19 Sold -- -- --
03/08/2019 03/08/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $139,900 -- $63 / 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 $2,077 $58,516 $9,998 $48,518
2023 $2,077 $56,812 $9,469 $47,343
2022 $2,016 $55,157 $8,817 $46,340
2021 $2,555 $68,387 $8,817 $59,570
2020 $1,970 $52,726 $0 $0
2019 $1,544 $41,057 $0 $0
2018 $1,410 $39,861 $0 $0
2017 $1,102 $31,538 $0 $0
2016 $1,198 $30,620 $0 $0
2014 $1,158 $30,620 $0 $0
2013 -- $30,620 $6,192 $24,428
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 953610

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-069-020-122