NOT LISTED FOR SALE

721 7th St NE Rio Rancho, NM 87124

Estimated Value: $329,000 - $434,000

3 Beds
2 Baths
1,512 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 16, 2024

Current estimated payment $2,188/month

25 Days on Market

Highlights

  • Solar Power System
  • Custom Home
  • Cathedral Ceiling
  • Eagle Ridge Middle School Rated A-
  • Wooded Lot
  • Attic

About This Home

As of August 2024

Custom-built Wallen home sitting on a beautiful half-acre lot in Rio Rancho. This charming property offers 3 bed, 2 bath home offers functional floor plan that maximizes space. The living area features a fireplace, suitable for relaxing or entertaining. Newer H20 heater , fresh paint, yards are landscaped, providing a pleasant outdoor space & cinder block fencing ensures privacy & security. Take advantage of the half acre lot with backyard access, covered patio, irrigation system, attached 2-car garage w/ backyard access door, additional storage/shelving and extra refrigerator in garage will convey! Owned water softener and a reverse osmosis (RO) water filter system. Wonderful location, nestled in a premier school district, no HOA or PID! Original owner. Sheds convey! Lovely Views !

Last Agent to Sell the Property

Cramer & CO LLC

Realty One of New Mexico Listed on: 06/16/2024

Realty One of New Mexico

Last Buyer's Agent

Cramer & CO LLC

Realty One of New Mexico Listed on: 06/16/2024

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • Dirt Road
  • East Facing Home
  • Kennel or Dog Run
  • Xeriscape Landscape
  • Sprinklers on Timer
  • Wooded Lot
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Pitched Roof
  • Shingle Roof
  • Stucco
  • Stone

Interior Spaces

  • 1,512 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Fire and Smoke Detector
  • Property Views
  • Attic

Kitchen

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

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Shed

Schools

  • Puesta Del Sol Elementary School
  • Eagle Ridge Middle School
  • Rio Rancho High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Wheelchair Access
  • Solar Power System

Community Details

  • Built by Wallen
  • Rio Rancho Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R023136

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Usner, Turn left onto Abrazo Rd NE, Turn right onto 10th St then an immediate left onto 9th Ave NE, Turn left onto 7th St NE
  • Listing Contract Date: 2024-06-13
  • Year Built: 2005
  • Lot Size Acres: 0.5
  • Road Surface Type: Dirt
  • Subdivision Name: RIO RANCHO ESTATES
  • Architectural Style: Custom, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: Custom Wallen Builder, Functional floorplan and room to add on! Flower beds ,decorative gates a bonus! Dog run in rear with side yard access
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Interior Amenities: Attic, Ceiling Fan(s), Cathedral Ceiling(s), Entrance Foyer, Great Room, Kitchen Island, Main Level Primary, Pantry, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1512.0
  • Window Features: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Garden, Landscaped, Sprinklers Automatic, Trees, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Wallen
  • Construction Type: Stucco, Rock
  • Direction Faces: East
  • Other Structures: Kennel/Dog Run, Shed(s), Storage
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Storage

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas 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: Septic Tank

Schools

  • Elementary School: Puesta Del Sol
  • High School: Rio Rancho
  • Middle Or Junior School: Eagle Ridge

Green Features

  • Green Power: Solar
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: R023136
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2375.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Aug 15, 2024
Sold by
Bullock Jerrie C
Bought by
Mullen Gregory Shane and Mullen Vanessa A
Seller's Agent
Cramer & CO LLC
Realty One of New Mexico
Buyer's Agent
Cramer & CO LLC
Realty One of New Mexico
List Price
$329,900
Views
2
Current Estimated Value
$365,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$123,000
Outstanding Balance
$121,847
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$243,421

Purchase Details

Closed on
Dec 19, 2005
Sold by
Wallen Builders Ltd
Bought by
Decapriles Charles M
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
Mullen Gregory Shane -- Old Republic National Title In
Decapriles Charles M $136,990 New Mexico Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Gregory Shane $123,000
Closed Decapriles Charles M $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold -- -- --
07/22/2024 07/22/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $329,900 0.0% $218 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $329,900 0.0% $218 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $329,900 -- $218 / 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 $2,375 $68,999 $15,942 $53,057
2023 $2,375 $66,989 $15,356 $51,633
2022 $2,304 $65,038 $14,741 $50,297
2021 $2,285 $63,144 $14,089 $49,055
2020 $2,216 $61,305 $0 $0
2019 $2,164 $59,520 $0 $0
2018 $2,035 $59,520 $0 $0
2017 $1,949 $57,787 $0 $0
2016 $2,117 $56,104 $0 $0
2014 $2,046 $56,104 $0 $0
2013 -- $54,104 $14,570 $39,534
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1065240

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-070-103-368