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1432 Penasco Road

1432 Penasco Road, Rio Rancho, NM 87144
Property in Sandoval
Sold Dec 23, 2013
$125,229
$159,000 by Gardner Financial Services Ltd
Mortgage Due Feb 01, 2052
Local assessors in Rio Rancho, NM have categorized 1432 Penasco Road as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 6,055 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1432 Penasco Road has a total of 1,489 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 1432 Penasco Road sold most recently in May 18, 2004 for a total of $125,229. If you work out the math, that's approximately a cost of $84.10 per sqft. 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 $1,680 in taxes each year. 1432 Penasco Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $45,956. If we break it down further, the land itself was valued at $9,611. Improvements to the property, however, were assessed at a total of $36,345. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,055
  • Total Building Area: 1,489
  • Gross Building Area: 1,489
  • Building Area: 1,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIERRA NORTE
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: SIERRA NORTE BLOCK: 6 LOT: 1

Ownership

  • Current Owner : CASTRO JOSE R
  • Current Owner 2: CASTRO PATRICIA
  • Previous Owner : WESTBROOK HILLS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010721

Geography

  • Account Number: R094898
  • District: 5
  • Parcel: R094898
  • Block: 6
  • Lot: 1
  • Municipality: RIO RANCHO
  • Latitude: 35.2827
  • Longitude: -106.702

    Address

  • Full Address: 1432 Penasco Rd Ne
  • Address - House Number: 1432
  • Street Segment Direction: NE
  • Address - Street Name: Penasco
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R047
  • 4-Digit Zip Code: 6319
  • Zip Code: 87144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,680
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 283,251
  • High Value: 337,382
  • Low Value: 229,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $159,000
  • 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: $137,868
  • Market Land Value: $28,834
  • Market Improvement Value: $109,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,956
  • Assessed Land Value: $9,611
  • Assessed Improvements Value: $36,345

    Sales

  • Current Sale Contract Date: May 18, 2004
  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Transaction ID: 11710564980
  • Current Sale Price: $125,229
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BK
  • First Mortgage Transaction Date: Dec 23, 2013
  • First Mortgage Loan Amount: $123,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Rio Rancho



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Frequently Asked Questions

What neighborhood is 1432 Penasco Road located in?
The 1432 Penasco Road is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 1432 Penasco Road?
The average sales price for units in 1432 Penasco Road is $0 currently.

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