NOT LISTED FOR SALE

706 Cerro de Ortega Dr SE Rio Rancho, NM 87124

Corrales Heights Neighborhood

Estimated Value: $299,000 - $358,000

3 Beds
2 Baths
1,924 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 17, 2016

Current estimated payment $1,902/month

207 Days on Market

Highlights

  • Multiple Living Areas
  • 2 Car Attached Garage
  • Views
  • Rio Rancho Elementary School Rated A-
  • Evaporated cooling system
  • Tile Flooring

About This Home

As of June 2016

Large single level home in Corrales Heights. Views of the Sandias and situated on a large lot. Some updates include newer roof, hot water heater, and furnace. Cosmetic updating is needed to make this your own.

Last Agent to Sell the Property

Michael Schlichte

Absolute Real Estate License #17987 Listed on: 10/12/2015

Last Buyer's Agent

Hardern & Associates

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Fenced
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,924 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Single Hung Metal Windows
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rio Rancho Elementary School
  • Rio Rancho High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Community Details

  • Built by Rio Rancho Homes
  • Corrales Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014068152451

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528 and Southern head North on 528. Turn East on Sabana Grande. Take your second left on Cerro De Ortega and home will be on the right.
  • Year Built: 1973
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • Subdivision Name: Corrales Heights
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Multiple Living Areas, Main Level Master
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1924.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Fence
  • Roof: Composition, Pitched, Shingle
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: Rio Rancho Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: West

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Rio Rancho
  • High School: Rio Rancho

Lot Info

  • Current Use: Subdivision
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 1014068152451
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1314.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2015
Closed on
Jun 17, 2016
Sold by
Mathews Susan
Bought by
Sanchez Eric
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
Hardern & Associates
Keller Williams Realty
List Price
$135,000
Current Estimated Value
$325,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$130,950
Outstanding Balance
$104,639
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$221,111

Purchase Details

Listed on
Oct 12, 2015
Closed on
May 20, 2016
Sold by
Mathews Susan
Bought by
Mathews Susan and Estate Of Ann M Marinelli
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
Hardern & Associates
Keller Williams Realty
List Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Outstanding Balance
$104,639
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$221,111
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Eric -- Old Republic Natl Title Ins
Mathews Susan -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Eric $130,950
Closed Sanchez Eric $4,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold -- -- --
05/06/2016 05/06/16 Pending -- -- --
10/12/2015 10/12/15 For Sale $135,000 -- $70 / 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 $2,179 $62,274 $9,196 $53,078
2024 $2,146 $60,461 $8,511 $51,950
2023 $2,146 $58,700 $7,867 $50,833
2022 $2,083 $56,990 $7,333 $49,657
2021 $2,067 $55,330 $7,333 $47,997
2020 $2,007 $53,719 $0 $0
2019 $1,967 $52,284 $0 $0
2018 $1,850 $52,284 $0 $0
2017 $1,826 $52,284 $0 $0
2016 $1,359 $34,740 $0 $0
2014 $1,314 $34,740 $0 $0
2013 -- $33,729 $7,285 $26,444
Source: Public Records

Agents Affiliated with this Home

  • Michael Schlichte

    Seller's Agent in 2016

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    4 in this area

    201 Total Sales

    Michael Schlichte
    Section Image

  • H

    Buyer's Agent in 2016

    Hardern & Associates

    Keller Williams Realty

  • T

    Buyer's Agent in 2016

    Tara Diaz

    EXP Realty LLC

    Section Image

  • H

    Buyer's Agent in 2016

    Hardern & Associates Team

    Keller Williams Realty

See All Agents

Map

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

MLS Number: 851815

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-152-451

New Mexico Sandoval County Rio Rancho 87124 Corrales Heights

706 Cerro de Ortega Dr SE, Rio Rancho, NM

This home is located at 706 Cerro de Ortega Dr SE, Rio Rancho, NM 87124 since 12 October 2015 and is currently estimated at $325,750, approximately $169 per square foot. This property was built in 1973. 706 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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