NOT LISTED FOR SALE

991 Madeira Dr SE Rio Rancho, NM 87124

Estimated Value: $277,000 - $323,000

4 Beds
2 Baths
1,483 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 28, 2019

Current estimated payment $1,805/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Double Pane Windows
  • Eagle Ridge Middle School Rated A-
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of March 2019

This home has an inviting neutral color palate with beautiful wood floors. Large pantry, walk-in closets and large living spaces. Complete with Back yard Access, a large backyard and a detached workshop!

Last Agent to Sell the Property

Kavan Salas

Realty One of New Mexico Listed on: 02/11/2019

Co-Listed By

Sol Mirabal

Realty One of New Mexico

Last Buyer's Agent

Amy O'Connell

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1983

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home
  • Private Entrance
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,483 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

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

Community Details

  • Cedar Hills 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1010068050381

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: from Unser Blvd SE, West on Southern Blvd SE, right on Nyasa Rd SE, right on Sava Dr SE, left on Madeira Dr. SE property is on right
  • Listing Contract Date: 2019-02-06
  • Year Built: 1983
  • Lot Size Acres: 0.22
  • Road Frontage Type: Deeded Access, Public Road
  • Co List Office Mls Id: RONM05
  • Co List Office Phone: (505) 883-9400
  • Subdivision Name: Cedar Hills 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), Main Level Master, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1483.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fence, Private Entrance
  • Roof: Composition, Shingle
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer 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

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 1010068050381
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1226.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Hoffman John V
Bought by
Hoffman John V and Corriz-Hoffman Juanita T
Current Estimated Value
$301,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Outstanding Balance
$161,223
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$135,498

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 28, 2019
Sold by
Pantaleon Elizabeth
Bought by
Hoffman John V
Seller's Agent
Kavan Salas
Realty One of New Mexico
Buyer's Agent
Amy O'Connell
Realty One of New Mexico
List Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$157,102
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 13, 2015
Closed on
May 8, 2015
Sold by
Schlichte Michael
Bought by
Pantaleon Elizabeth
Seller's Agent
Michael Schlichte
Absolute Real Estate
Buyer's Agent
Kavan Salas
Realty One of New Mexico
List Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$117,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2013
Closed on
Feb 6, 2014
Sold by
Secretary Of Housing & Urban Development
Bought by
Schlichte Michael
Seller's Agent
John Castillo
Southwest Elite Real Estate
Buyer's Agent
Michael Schlichte
Absolute Real Estate
List Price
$107,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.64%
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
Hoffman John V -- Old Republic Title
Hoffman John V -- Fidelity National Ttl Ins Co
Corriz Hoffman John V -- Fidelity National Title
Pantaleon Elizabeth -- Fidelity Natl Title Nm Inc
Schlichte Michael -- Fidelity National Title
Schlichte Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman John V $42,500
Open Hoffman John V $173,500
Previous Owner Corriz Hoffman John V $157,102
Previous Owner Hoffman John V $5,300
Previous Owner Hoffman John V $157,102
Previous Owner Hoffman John V $5,300
Previous Owner Pantaleon Elizabeth $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold -- -- --
02/18/2019 02/18/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $159,900 +36.1% $108 / Sq Ft
05/08/2015 05/08/15 Sold -- -- --
03/19/2015 03/19/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $117,500 +9.8% $82 / Sq Ft
02/06/2014 02/06/14 Sold -- -- --
12/18/2013 12/18/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $107,000 -- $75 / 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 $1,982 $55,843 $11,613 $44,230
2023 $1,982 $54,217 $11,365 $42,852
2022 $1,924 $52,638 $11,000 $41,638
2021 $1,887 $51,105 $11,000 $40,105
2020 $1,854 $49,617 $0 $0
2019 $1,360 $36,153 $0 $0
2018 $1,279 $36,153 $0 $0
2017 $1,226 $35,100 $0 $0
2016 $1,374 $35,100 $0 $0
2014 $992 $26,230 $0 $0
2013 -- $25,665 $7,285 $18,380
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kavan Salas

    Realty One of New Mexico

  • S

    Seller Co-Listing Agent in 2019

    Sol Mirabal

    Realty One of New Mexico

  • A

    Buyer's Agent in 2019

    Amy O'Connell

    Realty One of New Mexico

  • Michael Schlichte

    Seller's Agent in 2015

    Michael Schlichte

    Absolute Real Estate

    (505) 318-6264

    199 Total Sales

    Michael Schlichte
    Section Image
  • John Castillo

    Seller's Agent in 2014

    John Castillo

    Southwest Elite Real Estate

    (505) 798-6333

    79 Total Sales

    John Castillo
    Section Image
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Map

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

MLS Number: 937301

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-068-050-381

New Mexico Sandoval County Rio Rancho 87124

991 Madeira Dr SE, Rio Rancho, NM

This home is located at 991 Madeira Dr SE, Rio Rancho, NM 87124 since 11 February 2019 and is currently estimated at $301,546, approximately $203 per square foot. This property was built in 1983. 991 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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