NOT LISTED FOR SALE

704 Cerro de Ortega Dr SE Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $293,000 - $355,000

3 Beds
2 Baths
1,594 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 31, 2020

Current estimated payment $1,931/month

4 Days on Market

Highlights

  • Solar Power System
  • Bamboo Flooring
  • 1 Car Attached Garage
  • Rio Rancho Elementary School Rated A-
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of July 2020

Quintessential Corrales Heights home with views of the Sandia mountains in a lush, park like backyard setting surrounded by mature trees! This 3 bedroom, 2 bath home has an open kitchen with island and bamboo hardwood floors! Master suite is the perfect private retreat with french doors leading to the patio, floating double vanity, walk in double headed shower, and a walk-in California closet! Updates include new stucco, refrigerated air, tankless water heater, granite countertops, and stainless steel kitchen appliances. Backyard access, RV parking, and an additional storage shed. Oversized back patio for a perfect indoor/outdoor transition. Roof and windows installed in 2013. Tesla solar system is easily transferable! This home will sell fast, don't miss your chance!

Last Agent to Sell the Property

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 06/22/2020

Last Buyer's Agent

Keila Rayon

Homewise License #46810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Landscaped
  • Partial Sprinkler System

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,594 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Outdoor Storage

Schools

  • Rio Rancho Elementary And Middle School
  • Rio Rancho High School

Utilities

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

Community Details

  • Built by Amrep

Listing and Financial Details

  • Assessor Parcel Number 1014068155460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern and 528 head North on 528. Turn right on Sabana Grande, turn left on Cerro De Ortega home will be on your right.
  • Listing Contract Date: 2020-06-21
  • Year Built: 1973
  • Lot Size Acres: 0.25
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Dual Sinks, Kitchen Island, Main Level Master, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1594.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Fence, Private Yard, RV Parking/RV Hookup
  • Roof: Composition, Pitched, Shingle
  • Fencing: Back Yard
  • Lot Features: Landscaped, Sprinklers Partial, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Amrep
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Refrigerated
  • Electric: Photovoltaics Third-Party Owned
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Green Features

  • Green Power: Solar

Lot Info

  • Current Use: Subdivision
  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1014068155460
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1569.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 31, 2020
Sold by
Schlichte Michael and Schlichte Danielle
Bought by
Martinez Christopher James
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
Keila Rayon
Homewise
List Price
$229,500
Current Estimated Value
$324,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$186,400
Outstanding Balance
$165,655
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$158,766

Purchase Details

Closed on
Jun 20, 2016
Sold by
Gibson Jessica Suzanne
Bought by
Schlichte Michael and Schlichte Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 28, 2012
Sold by
Hud & Housing Of Urban Dev
Bought by
Schlichte Michael and Schlichte Danielle
Seller's Agent
Cindy Rogers
Berkshire Hathaway Home Services ALLSTAR
Buyer's Agent
Michael Schlichte
Absolute Real Estate
List Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martinez Christopher James -- Old Republic Natl Ttl Ins Co
Schlichte Michael -- First American Title Ins Co
Schlichte Michael $131,250 Fidelity Nat L Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Christopher James $186,400
Closed Martinez Christopher James $50,200
Previous Owner Schlichte Michael $148,000
Previous Owner Schlichte Michael $115,000
Previous Owner Schlichte Michael $20,000
Previous Owner Schlichte Michael $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold -- -- --
06/28/2020 06/28/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $229,500 +186.9% $144 / Sq Ft
03/28/2012 03/28/12 Sold -- -- --
02/24/2012 02/24/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $80,000 -- $73 / 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 $2,601 $74,332 $10,679 $63,653
2024 $2,561 $72,167 $9,871 $62,296
2023 $2,561 $70,065 $8,896 $61,169
2022 $2,486 $68,025 $7,333 $60,692
2021 $2,468 $66,044 $7,333 $58,711
2020 $1,606 $42,982 $0 $0
2019 $1,570 $41,730 $0 $0
2018 $1,433 $40,515 $0 $0
2017 $1,374 $39,335 $0 $0
2016 $1,539 $39,335 $0 $0
2014 $1,488 $39,335 $0 $0
2013 -- $38,189 $7,285 $30,904
Source: Public Records

Agents Affiliated with this Home

  • Michael Schlichte

    Seller's Agent in 2020

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    4 in this area

    201 Total Sales

    Michael Schlichte
    Section Image

  • K

    Buyer's Agent in 2020

    Keila Rayon

    Homewise

  • C

    Seller's Agent in 2012

    Cindy Rogers

    Berkshire Hathaway Home Services ALLSTAR

See All Agents

Map

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

MLS Number: 970905

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-155-460

New Mexico Sandoval County Rio Rancho 87124 Corrales Heights

704 Cerro de Ortega Dr SE, Rio Rancho, NM

This home is located at 704 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 since 22 June 2020 and is currently estimated at $324,421, approximately $203 per square foot. This property was built in 1973. 704 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.

Nearby Homes