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207 Cerro De Ortega Drive Southeast

207 Cerro De Ortega Drive Southeast, Rio Rancho, NM 87124
Property in Sandoval
Sold May 08, 2003
$110,257
$82,900 by Quicken Lns
Mortgage Due Jun 01, 2033
Local assessors in Rio Rancho, NM have categorized 207 Cerro De Ortega Drive Southeast as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 12,197 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 2 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 207 Cerro De Ortega Drive Southeast has a total of 1,652 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, 207 Cerro De Ortega Drive Southeast sold most recently in May 7, 2003 for a total of $110,257. If you work out the math, that's approximately a cost of $66.74 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 $1,453 in taxes each year. 207 Cerro De Ortega Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,757. If we break it down further, the land itself was valued at $7,644. Improvements to the property, however, were assessed at a total of $34,113. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1973
  • Effective Year Built: 1973
  • 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: 12,197
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,652
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORRALES HEIGHTS
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: CORRALES HEIGHTS BLOCK: 28 LOT: 34A

Ownership

  • Current Owner : BURTLEY MARGUERITE
  • Current Owner 2: BURTLEY BRENDA B
  • Previous Owner : SCHWARZ MARGARET V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010732

Geography

  • Account Number: R120156
  • District: 5
  • Parcel: R120156
  • Block: 28
  • Lot: 34A
  • Municipality: RIO RANCHO
  • Latitude: 35.2508
  • Longitude: -106.645

    Address

  • Full Address: 207 Cerro De Ortega Dr Se
  • Address - House Number: 207
  • Street Segment Direction: SE
  • Address - Street Name: Cerro De Ortega
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R018
  • 4-Digit Zip Code: 1101
  • Zip Code: 87124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,453
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 299,121
  • High Value: 356,285
  • Low Value: 241,957

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,900
  • First Open Lien Mortgage Lender: QUICKEN LNS
  • First Open Lien Mortgage Recording Date: May 08, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $82,900
  • 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: Jun 01, 2033

    Market Valuation

  • Market Total Value: $125,273
  • Market Land Value: $22,933
  • Market Improvement Value: $102,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,757
  • Assessed Land Value: $7,644
  • Assessed Improvements Value: $34,113

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2003
  • Current Sale Recording Date: May 08, 2003
  • Current Sale Transaction ID: 11710507129
  • Current Sale Price: $110,257
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LNS
  • First Mortgage Transaction Date: May 08, 2003
  • First Mortgage Loan Amount: $82,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Rio Rancho



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Frequently Asked Questions

What neighborhood is 207 Cerro De Ortega Drive Southeast located in?
The 207 Cerro De Ortega Drive Southeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 207 Cerro De Ortega Drive Southeast?
The average sales price for units in 207 Cerro De Ortega Drive Southeast is $0 currently.

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