$12,750
SOLD MAR 2, 2015
Last list price

705 6th St NE Rio Rancho, NM 87124

0.5 Acre
$25,500 Price per Acre
21,780 Sq Ft Lot

Recently Sold

25 Days on Market

About This Lot

As of July 2016

Excellent opportunity to build your dream home or invest for the future. 705 6th Street, sign on lot. between two custom homes. Utilities in street. Need to put in septic tank, City water is possible.

Last Agent to Sell the Property

Bart Murphy MBA, CCIM

A Solar Rose Listed on: 02/05/2015

Last Buyer's Agent

Bart Murphy MBA, CCIM

A Solar Rose Listed on: 02/05/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / 6
  • Assessor Parcel Number 1010070040336

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: West on Northern to 10th Street NE, south on 10th to 9th Avenue NE, west on 9th to 6th Street NE, south on 6th to 705 6th Street, sign on lot. between two custom homes.
  • Lot Size Acres: 0.5
  • Subdivision Name: Rio Rancho Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Other, See Remarks
  • Disclosures: Principal is Real Estate Licensed

Utilities

  • Water Source: Public

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1010070040336
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 169.68
  • Tax Block: 6
  • Tax Lot: 59
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Taylor Peter
Bought by
Martinez Joey R
Current Estimated Value
$372,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$252,860
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,398

Purchase Details

Closed on
Sep 21, 2021
Sold by
Armenta Frank L
Bought by
Taylor Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$252,860
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,398

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 27, 2016
Sold by
Lechuga Cesar M and Nevares Nidia
Bought by
Armenta Frank L
Seller's Agent
John Chavez
Realty One of New Mexico
Buyer's Agent
Linda Stallings
RE/MAX Finest
List Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$174,775
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 5, 2015
Closed on
Feb 24, 2015
Sold by
Murphy Barton and Murphy Clara
Bought by
Lechga Cesar M and Nevares Nidia
Seller's Agent
Bart Murphy MBA, CCIM
A Solar Rose
Buyer's Agent
Bart Murphy MBA, CCIM
A Solar Rose
List Price
$12,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1375.88%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Szantay Burt A
Bought by
Murphy Barton and Murphy Clara
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 Type Sale Price Title Company
Warranty Deed -- Old Republic Natl Ttl Ins Co
Warranty Deed -- None Available
Contract Of Sale $202,672 None Available
Warranty Deed -- Stewart Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,500 New Conventional
Closed $168,562 Purchase Money Mortgage
Previous Owner $174,775 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold -- -- --
06/13/2016 06/13/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $189,000 +1382.4% $113 / Sq Ft
03/02/2015 03/02/15 Sold -- -- --
03/02/2015 03/02/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $12,750 -- --
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 $3,011 $84,845 $22,458 $62,387
2023 $3,011 $82,375 $22,066 $60,309
2022 $2,923 $79,976 $21,667 $58,309
2021 $2,467 $68,824 $15,133 $53,691
2020 $2,438 $66,820 $0 $0
2019 $2,365 $64,874 $0 $0
2018 $2,224 $64,874 $0 $0
2017 $2,196 $64,874 $0 $0
2016 $2,926 $76,775 $0 $0
2014 $217 $5,252 $0 $0
2013 -- $4,138 $4,138 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 832810

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-070-040-336