NOT LISTED FOR SALE

873 Madeira Dr SE Rio Rancho, NM 87124

Estimated Value: $237,000 - $262,000

3 Beds
1 Bath
969 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 18, 2021

Current estimated payment $1,559/month

19 Days on Market

Highlights

  • Cathedral Ceiling
  • Private Yard
  • 1 Car Attached Garage
  • Eagle Ridge Middle School Rated A-
  • Skylights
  • Double Pane Windows

About This Home

As of May 2021

Come and check out this sweet home on a large landscaped lot! This home has some nice updating including a newer cooler and one year old roof. The kitchen opens to the dining area. The living area has a wood burning fireplace to enjoy on chilly evenings. There is backyard access along with a perfect spot to park the RV. The backyard has an apple tree and plenty of room for gardening. A beautiful neighborhood park with gorgeous mountain views is nearby. This could be just what you are looking for!

Last Agent to Sell the Property

Marilyn Eifert

Talia Freedman and Co. License #38984 Listed on: 02/25/2021

Last Buyer's Agent

Andrew Barbara

Simply Real Estate License #53348

Simply Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 85 x 103
  • West Facing Home
  • Private Entrance
  • Xeriscape Landscape
  • Private Yard

Parking

  • 1 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 969 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Tile Flooring
  • Dryer

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 1010068050440

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Travel West on Southern from Unser, North on Nyasa to first right, East on Sava to second left, North to 873 Madeira Dr SE.
  • Listing Contract Date: 2021-02-25
  • Year Built: 1983
  • Lot Size Acres: 0.2
  • Lot Size: 85 x 103
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Range Hood
  • Interior Amenities: Cathedral Ceiling(s), Main Level Primary, Skylights
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 969.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wall
  • Lot Features: Landscaped, Xeriscape
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1010068050440
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1418.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 18, 2021
Sold by
Margaret Decker Revocable Trust and Decker Margaret A
Bought by
Villa Melissa and Yazzie Seannah Lanae
Seller's Agent
Marilyn Eifert
Talia Freedman and Co.
Buyer's Agent
Andrew Barbara
Simply Real Estate
List Price
$179,900
Current Estimated Value
$253,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$176,739
Outstanding Balance
$160,510
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$92,727

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 16, 2021
Sold by
Decker Margaret A and Margaret Decker Revocable Trus
Bought by
Villa Melissa and Yazzie Seannah Lanae
Seller's Agent
Marilyn Eifert
Talia Freedman and Co.
Buyer's Agent
Andrew Barbara
Simply Real Estate
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Outstanding Balance
$160,510
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$92,727

Purchase Details

Closed on
Aug 11, 2015
Sold by
Decker Margaret A
Bought by
Decker Margaret A and Margaret Decker Revocable Trus

Purchase Details

Closed on
May 17, 2007
Sold by
Johnson Glenn H and Johnson Deborah
Bought by
Decker Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Villa Melissa -- Fidelity National Title
Villa Melissa -- Fidelity National Ttl Ins Co
Decker Margaret A -- None Available
Decker Margaret $133,000 New Mexico Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Melissa $176,739
Closed Villa Melissa $8,000
Closed Villa Melissa $176,739
Previous Owner Decker Margaret $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold -- -- --
03/16/2021 03/16/21 Pending -- -- --
03/15/2021 03/15/21 Price Changed $177,500 -1.3% $183 / Sq Ft
03/15/2021 03/15/21 For Sale $179,900 0.0% $186 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $179,900 -- $186 / 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 $2,269 $62,959 $12,300 $50,659
2023 $2,234 $61,126 $11,595 $49,531
2022 $2,169 $59,345 $11,000 $48,345
2021 $1,461 $39,096 $7,985 $31,111
2020 $1,418 $37,958 $0 $0
2019 $1,386 $36,853 $0 $0
2018 $1,304 $36,853 $0 $0
2017 $1,464 $41,912 $0 $0
2016 $1,640 $41,912 $0 $0
2014 $1,585 $41,912 $0 $0
2013 -- $41,912 $7,285 $34,627
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Eifert

    Seller's Agent in 2021

    Marilyn Eifert

    Talia Freedman and Co.

    (505) 750-0059

    100 Total Sales

    Marilyn Eifert
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Barbara

    Simply Real Estate

    (505) 400-7609

    17 Total Sales

    Andrew Barbara
    Section Image
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Map

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

MLS Number: 986548

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-068-050-440

New Mexico Sandoval County Rio Rancho 87124

873 Madeira Dr SE, Rio Rancho, NM

This home is located at 873 Madeira Dr SE, Rio Rancho, NM 87124 since 25 February 2021 and is currently estimated at $253,237, approximately $261 per square foot. This property was built in 1983. 873 Madeira Dr SE is a home located in Sandoval County with nearby schools including Puesta del Sol 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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