NOT LISTED FOR SALE

716 W Colorado Mountain Rd NE Rio Rancho, NM 87124

Estimated Value: $824,000

0.5 Acre
$1,648,000 Price per Acre
21,780 Sq Ft Lot

Last Sold May 17, 2023

Current estimated payment $4,547/month

79 Days on Market

Highlights

  • Views
  • Ernest Stapleton Elementary School Rated A-
  • Level Lot

About This Lot

As of May 2023

Excellent .5 acre corner lot ready to have your dream house built. Great opportunity for a builder as there are also four other .5 acre lots available along Cheetah Rd. City water, electricity and water available. Buyers must verify cost to hook up. Attached video shows map of all lots available.

Last Agent to Sell the Property

Robert Templeton

Keller Williams Realty License #53993 Listed on: 12/02/2022

Keller Williams Realty

Last Buyer's Agent

Andrew Medina

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $796

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Utilities

  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 131
  • Assessor Parcel Number 1011070406379

Property Details

Property Type

Land

Est. Annual Taxes

$796

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Unser Blvd turn East on Abrazo Rd. Turn left on Colorado Mountain Rd and proceed to Cheetah Rd. Lot is on the NE corner.
  • Listing Contract Date: 2022-11-28
  • 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: Views, Acreage
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Other, See Remarks, Sewer Not Available
  • Water Source: Public
  • Sewer: None

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1011070406379
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 795.92
  • Tax Block: 131
  • Tax Lot: 27
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 17, 2023
Sold by
Nieto Roger
Bought by
Nieto Roger
Seller's Agent
Robert Templeton
Keller Williams Realty
Buyer's Agent
Andrew Medina
Keller Williams Realty
List Price
$60,000
Views
1
Current Estimated Value
$824,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.14%
Original Mortgage
$32,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 15, 2023
Sold by
Turquoise Chapter 71 & Order Of Eastern
Bought by
Little Bubbas Construction Inc
Seller's Agent
Robert Templeton
Keller Williams Realty
Buyer's Agent
Andrew Medina
Keller Williams Realty
List Price
$60,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 12, 2023
Sold by
Rickett G Franklin
Bought by
Sekhubara Samir
Seller's Agent
Robert Templeton
Keller Williams Realty
Buyer's Agent
Andrew Medina
Keller Williams Realty
List Price
$60,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 8, 2023
Sold by
Mazur Michael
Bought by
Red Roan Enterprises Llc
Seller's Agent
Robert Templeton
Keller Williams Realty
Buyer's Agent
Andrew Medina
Keller Williams Realty
List Price
$60,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.75%
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
Nieto Roger -- None Listed On Document
Little Bubbas Construction Inc -- Fidelity National Title
Sekhubara Samir -- Stewart Title
Red Roan Enterprises Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Bubbas Construction Inc $603,000
Closed Little Bubbas Construction Inc $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2023 05/17/23 Sold -- -- --
02/20/2023 02/20/23 Pending -- -- --
12/02/2022 12/02/22 For Sale $60,000 -- --
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 $690 $13,313 $13,313 --
2023 $690 $16,546 $16,546 $0
2022 $796 $19,085 $19,085 $0
2021 $295 $7,542 $7,542 $0
2020 $313 $8,003 $0 $0
2019 $517 $12,313 $0 $0
2018 $46 $1,154 $0 $0
2017 $52 $1,308 $0 $0
2016 $57 $1,308 $0 $0
2014 $60 $1,462 $0 $0
2013 -- $1,616 $1,616 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Templeton

    Keller Williams Realty

    (505) 217-6444

    7 Total Sales

    Robert Templeton
    Section Image
  • Andrew Medina

    Buyer's Agent in 2023

    Andrew Medina

    Keller Williams Realty

    (505) 373-7797

    122 Total Sales

    Andrew Medina
    Section Image
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Map

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

MLS Number: 1026543

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-070-406-379

New Mexico Sandoval County Rio Rancho 87124

716 W Colorado Mountain Rd NE, Rio Rancho, NM

This home is located at 716 W Colorado Mountain Rd NE, Rio Rancho, NM 87124 since 02 December 2022 and is currently estimated at $824,000. 716 W Colorado Mountain Rd NE is a home located in Sandoval County with nearby schools including Ernest Stapleton Elementary School, Eagle Ridge 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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