NOT LISTED FOR SALE

900 Los Reyes Ct SE Rio Rancho, NM 87124

Estimated Value: $523,000 - $587,000

2 Beds
1 Bath
3,938 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 17, 2019

Current estimated payment $3,514/month

44 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Forced Air Heating System
  • Rio Rancho Elementary School Rated A-
  • Landscaped
  • 3-minute walk to Sabana Heights Park

About This Home

As of September 2019

Well established rental property in Rio Rancho. Two Duplexes for sale. 4 units with two bedrooms/one bath. Each unit has a fenced yard. Property professionally managed with many upgrades and fully leased. Please do not disturb tenant, see LO/SO remarks.

Last Agent to Sell the Property

Skyler Sullivan-Sargent

Bodander, LLC License #51567 Listed on: 06/04/2019

Last Buyer's Agent

Michael Matias

Three Sons Property Mgmt. License #48522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 1976

Lot Details

  • 0.41 Acre Lot
  • Landscaped

Home Design

  • Duplex
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,938 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Electric Range

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1014068286367

Community Details

Overview

  • 4 Units
  • 3,938 Sq Ft Building
  • Corrales Heights Subdivision

Building Details

  • Gross Income $36,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,182

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: Southern Blvd SE & HWY 528. Drive North on HWY 528. Turn East/Right on Sabana Grande Ave SE. Turn South/Right on Los Reyes Ct SE. Property is on SW corner of Sabana Grande Ave SE & Los Reyes Ct SE.
  • Listing Contract Date: 2019-05-24
  • Year Built: 1976
  • Lot Size Acres: 0.41
  • Subdivision Name: Corrales Heights
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3938.0

Exterior Features

  • Exterior Features: Landscaping
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco, Wood Siding
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Available, Natural Gas Available
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 17860.0
  • Parcel #: 1014068286367
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36300.0

Tax Info

  • Tax Annual Amount: 2182.48

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

Mortgage History

Date Status Borrower Loan Amount
Closed Sudirgo Stephen $251,907
Closed Sudirgo Stephen $251,907
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold -- -- --
07/13/2019 07/13/19 Pending -- -- --
07/07/2019 07/07/19 For Sale $349,000 0.0% $89 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $349,000 +20.3% $89 / Sq Ft
10/03/2016 10/03/16 Sold -- -- --
09/09/2016 09/09/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $290,000 -- $74 / 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 $5,299 $144,984 $13,894 $131,090
2023 $5,299 $144,984 $13,894 $131,090
2022 $5,145 $140,762 $13,796 $126,966
2021 $5,046 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 946083

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-068-287-361