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1308 Yucatan Drive Southeast

1308 Yucatan Drive Southeast, Rio Rancho, NM 87124
Property in Sandoval
Sold Jan 27, 2022
$400,529
$301,150 by Cardinal Financial Company
Mortgage Due Feb 01, 2052
Sold Oct 17, 2018
$202,500
$162,000 by Plaza Home Mortgage Inc
Mortgage Due Nov 01, 2048
1308 Yucatan Drive Southeast in Rio Rancho, NM was first built in 2006 and is 18 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1308 Yucatan Drive Southeast has 2,054 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,403 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1308 Yucatan Drive Southeast sold most recently in Jan 26, 2022 for a total of $400,529. If you work out the math, that's approximately a cost of $195.00 per sqft. Before that, the property was also sold for $202,500 in Oct 16, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,618 in taxes each year. 1308 Yucatan Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,792. If we break it down further, the land itself was valued at $23,000. Improvements to the property, however, were assessed at a total of $93,792. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,403
  • Total Building Area: 2,054
  • Gross Building Area: 2,054
  • Building Area: 2,054
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,054
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YUCATAN AT CABEZON
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: YUCATAN AT CABEZON BLOCK: 5 LOT: 24

Ownership

  • Current Owner : COVINGTON PAUL M
  • Current Owner 2: COVINGTON ANDREA M
  • Previous Owner : ROSSMANN IVAN D
  • Previous Owner 2: ROSSMANN KARIN S
  • Owner Before Previous Owner: MOFFIT SEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010731

Geography

  • Account Number: R148611
  • District: 5
  • Subdivision Tract Number: 3A1
  • Parcel: R148611
  • Block: 5
  • Lot: 24
  • Municipality: RIO RANCHO
  • Latitude: 35.2386
  • Longitude: -106.692

    Address

  • Full Address: 1308 Yucatan Dr Se
  • Address - House Number: 1308
  • Street Segment Direction: SE
  • Address - Street Name: Yucatan
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R117
  • 4-Digit Zip Code: 8922
  • Zip Code: 87124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,618
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 449,922
  • High Value: 539,478
  • Low Value: 360,367

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,150
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Jan 27, 2022
  • First Open Lien Mortgage Loan Amount: $301,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $350,376
  • Market Land Value: $69,000
  • Market Improvement Value: $281,376

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,792
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $93,792

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Jan 27, 2022
  • Current Sale Transaction ID: 11878808014
  • Current Sale Price: $400,529
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2703
  • Previous Sale Recording Date: Oct 17, 2018
  • Previous Sale Contract Date: Oct 16, 2018
  • Previous Sale Amount: $202,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Mortgage Transaction Date: Jan 27, 2022
  • First Mortgage Loan Amount: $301,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 17, 2018
  • Previous Mortgage Loan Amount: $162,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2048

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Frequently Asked Questions

What neighborhood is 1308 Yucatan Drive Southeast located in?
The 1308 Yucatan Drive Southeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 1308 Yucatan Drive Southeast?
The average sales price for units in 1308 Yucatan Drive Southeast is $0 currently.

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