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3508 Morgan Meadows

3508 Morgan Meadows, Rio Rancho, NM 87144
Property in Sandoval
Sold Jul 20, 2015
$100,000
$80,000 by Legacy Mortgage Llc
Mortgage Due Aug 01, 2045
3508 Morgan Meadows in Rio Rancho, NM was first built in 1999 and is 25 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. 3508 Morgan Meadows has 1,111 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 5,489 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3508 Morgan Meadows was last sold in Jul 17, 2015 for $100,000. According to our calculations, that's $90.01 per sqft. Current property owners are expected to pay $1,569 in taxes per year. The property on 3508 Morgan Meadows was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,918. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $32,918. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • 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: 5,489
  • Total Building Area: 1,111
  • Gross Building Area: 1,111
  • Building Area: 1,111
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,111
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHERN MEADOWS 5
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: NORTHERN MEADOWS 5 BLOCK: 1 LOT: 52

Ownership

  • Current Owner : PHILLIPS ROBERT LEE
  • Current Owner 2: PHILLIPS LORRAINE S
  • Previous Owner : GONZALEZ MANUEL A
  • 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: 010733

Geography

  • Account Number: R069062
  • District: 5
  • Parcel: R069062
  • Block: 1
  • Lot: 52
  • Municipality: RIO RANCHO
  • Latitude: 35.3161
  • Longitude: -106.728

    Address

  • Full Address: 3508 Morgan Meadows Dr Ne
  • Address - House Number: 3508
  • Street Segment Direction: NE
  • Address - Street Name: Morgan Meadows
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R072
  • 4-Digit Zip Code: 0513
  • Zip Code: 87144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,569
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 255,785
  • High Value: 310,604
  • Low Value: 200,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 20, 2015
  • First Open Lien Mortgage Loan Amount: $80,000
  • 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: Aug 01, 2045

    Market Valuation

  • Market Total Value: $128,754
  • Market Land Value: $30,000
  • Market Improvement Value: $98,754

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,918
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $32,918

    Sales

  • Current Sale Contract Date: Jul 17, 2015
  • Current Sale Recording Date: Jul 20, 2015
  • Current Sale Transaction ID: 1268701562
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015015941

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 20, 2015
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

About Rio Rancho



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Frequently Asked Questions

What neighborhood is 3508 Morgan Meadows located in?
The 3508 Morgan Meadows is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 3508 Morgan Meadows?
The average sales price for units in 3508 Morgan Meadows is $0 currently.

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