NOT LISTED FOR SALE

8615 Rio Grande Blvd NW Los Ranchos, NM 87114

Estimated Value: $602,000 - $721,000

2 Beds
2.5 Baths
1,400 Sq Ft
$484/Sq Ft Est. Value

Last Sold October 29, 2021

Current estimated payment $4,146/month

101 Days on Market

Highlights

  • Custom Home
  • Meadow
  • Cathedral Ceiling
  • 1.63 Acre Lot
  • Wooded Lot
  • Great Room

About This Home

As of October 2021

WOW! Your own north valley paradise of 1.63 acres with a private gate and a spectacular 350 tree apple orchard. This wonderful cottage was originally built in 2014 and reciently renovated to approx. 1400sqft with new updates throughout. Owner can build new home up to 10,000sqft here in dedicated building envelope (see attached Summary Plat)Existing home would be wonderful guest house incorporated with new residence! City Water & City Sewer and irrigation well for orchard.

Last Agent to Sell the Property

Todd Kruger

Rio Grande Realty & Invest LLC License #15887 Listed on: 05/15/2021

Last Buyer's Agent

Christina Quintana

Keller Williams Realty License #49889

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,136

Year Built

  • Built in 2014

Lot Details

  • 1.63 Acre Lot
  • North Facing Home
  • Gated Home
  • Privacy Fence
  • Meadow
  • Wooded Lot
  • Lawn
  • Zoning described as A-1

Home Design

  • Custom Home
  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Security Gate
  • Electric Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Los Ranchos Elementary School
  • Taylor Middle School
  • Valley High School

Utilities

  • Two cooling system units
  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 101406434233010146

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,136

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Off Rio Grande, the FIRST west turn north of Paseo del Norte (Los Manzanos Rd). Properties are located to the south and east of 8617 Rio Grande (use the shared gate) code: #9586
  • Listing Contract Date: 2021-05-15
  • Year Built: 2014
  • Lot Size Acres: 1.63
  • Road Surface Type: Gravel, Paved
  • Architectural Style: Custom, Northern New Mexico
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 7 - 9
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Great Room, High Speed Internet, Main Level Master
  • Stories: 1
  • Basement YN: No
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Kiva, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1400.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Patio, Privacy Wall
  • Roof: Metal, Pitched
  • Fencing: Gate
  • Lot Features: Lawn, Meadow, Trees, Views, Wooded
  • Pool Private: No
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: None
  • Heating: Ductless, Electric
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Los Ranchos
  • High School: Valley
  • Middle Or Junior School: Taylor

Lot Info

  • Lot Size Sq Ft: 71002.8
  • Parcel #: 101406434233010146
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 7135.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Oct 27, 2021
Sold by
Rio Grande Realty & Inv Llc
Bought by
Bums Angelo
Seller's Agent
Todd Kruger
Rio Grande Realty & Invest LLC
Buyer's Agent
Christina Quintana
Keller Williams Realty
List Price
$699,000
Current Estimated Value
$690,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$548,250
Outstanding Balance
$502,118
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$175,075

Purchase Details

Closed on
May 19, 2021
Sold by
Rezai Seyed M and Jaimes Denis G
Bought by
Rio Grande Realty And Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.1%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 28, 2019
Sold by
Eaton Roger V and Eaton Georgia B
Bought by
Rezai Seyed M and Jaimes Denise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back
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
Bums Angelo -- None Listed On Document
Rio Grande Realty And Investments Llc $535,000 None Available
Rezai Seyed M $280,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bums Angelo $548,250
Previous Owner Rio Grande Realty And Investments Llc $335,000
Previous Owner Rezai Seyed M $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold -- -- --
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $609,900 -1.6% $436 / Sq Ft
08/06/2021 08/06/21 Price Changed $619,900 -1.6% $443 / Sq Ft
07/27/2021 07/27/21 Price Changed $629,900 -1.6% $450 / Sq Ft
07/07/2021 07/07/21 Price Changed $639,900 -1.5% $457 / Sq Ft
06/29/2021 06/29/21 Price Changed $649,900 -1.5% $464 / Sq Ft
06/17/2021 06/17/21 Price Changed $659,900 -0.8% $471 / Sq Ft
06/04/2021 06/04/21 Price Changed $665,000 -1.5% $475 / Sq Ft
05/29/2021 05/29/21 Price Changed $675,000 -3.4% $482 / Sq Ft
05/21/2021 05/21/21 For Sale $699,000 -- $499 / 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 $4,586 $120,329 $42,078 $78,251
2023 $4,503 $116,825 $40,853 $75,972
2022 $4,241 $113,422 $39,663 $73,759
2021 $3,995 $107,247 $40,853 $66,394
2020 $3,922 $104,123 $39,663 $64,460
2019 $2,831 $75,170 $25,168 $50,002
2018 $2,814 $75,170 $25,168 $50,002
2017 $0 $75,170 $25,168 $50,002
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 992066

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-064-342330-1-01-46