NOT LISTED FOR SALE

876 Madeira Dr SE Rio Rancho, NM 87124

Estimated Value: $228,000 - $264,000

2 Beds
1.5 Baths
1,095 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 13, 2021

Current estimated payment $1,532/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Gazebo
  • Double Pane Windows
  • Eagle Ridge Middle School Rated A-
  • 1 Car Attached Garage
  • Evaporated cooling system

About This Home

As of August 2021

Beautiful move in ready home in Rio Rancho. Lovely home with laminate floors, stainless steel appliances and more. Large backyard with storage shed. Shows great! Come see this one today. Brand new roof with warranty just installed too!

Last Agent to Sell the Property

The Schuster Team

Keller Williams Realty License #35814 Listed on: 06/25/2021

Keller Williams Realty

Last Buyer's Agent

Krystin Apodaca

Keller Williams Realty License #49379

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Xeriscape Landscape

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,095 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gazebo

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electricity Not Available

Community Details

  • Built by Amrep

Listing and Financial Details

  • Assessor Parcel Number 1010068035440

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Southern And Unser, West On Southern, North On Baltic, West On Pecos Lp, South On Archieque, West On Orinoco, South On Madeira.
  • Listing Contract Date: 2021-04-17
  • Year Built: 1983
  • Lot Size Acres: 0.2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: No
  • Living Area: 1095.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Pitched, Shingle
  • Lot Features: Landscaped, Xeriscape
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Amrep
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Other Structures: Gazebo
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1010068035440
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 12, 2021
Sold by
Salazar Robert and Salazar Joanna
Bought by
Tapia Victoria
Seller's Agent
The Schuster Team
Keller Williams Realty
Buyer's Agent
Krystin Apodaca
Keller Williams Realty
List Price
$165,000
Current Estimated Value
$249,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$5,680
Outstanding Balance
$5,176
Interest Rate
2.9%
Mortgage Type
Stand Alone Second
Estimated Equity
$245,697

Purchase Details

Closed on
Sep 21, 2006
Sold by
Hagenloh Christopher A and Hagenloh Heidi G
Bought by
Salazar Robert M and Gonzales Joanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.55%
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
Tapia Victoria -- Nmltco
Salazar Robert M $172,900 Fidelity National Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Victoria $5,680
Open Tafia Victoria A $176,739
Previous Owner Salazar Robert M $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $165,000 -- $151 / 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 $2,220 $65,498 $13,170 $52,328
2024 $2,184 $63,591 $12,510 $51,081
2023 $2,184 $61,739 $11,595 $50,144
2022 $2,118 $59,941 $11,000 $48,941
2021 $1,332 $37,662 $7,980 $29,682
2020 $1,291 $36,566 $0 $0
2019 $1,260 $35,501 $0 $0
2018 $1,185 $35,501 $0 $0
2017 $1,456 $43,674 $0 $0
2016 $1,631 $43,674 $0 $0
2014 $1,576 $43,674 $0 $0
2013 -- $41,674 $7,285 $34,389
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 995196

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-068-035-440