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434 Palo Alto Drive Northeast

434 Palo Alto Drive Northeast, Rio Rancho, NM 87124
Property in Sandoval
Sold May 25, 2021
$395,000
$316,000 by Bank Of America Na
Mortgage Due Jun 01, 2051
Sold Mar 31, 2016
$292,700
$299,000 by Van Dyk Mortgage Corp
Mortgage Due Apr 01, 2046
434 Palo Alto Drive Northeast has been categorized by the local assessors in Rio Rancho, NM as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 434 Palo Alto Drive Northeast has 2,985 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,547 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in May 18, 2021 for $395,000. That's $132.33 per sqft. Prior to that sales transaction, the property was also sold in Mar 15, 2016 for $292,700. 434 Palo Alto Drive Northeast was last assessed in 2023. The total value of the property was assessed at $142,731. Specifically, the land the property is located on was valued at $16,000. While improvements on the property were assessed at a total of $126,731. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,217. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,547
  • Total Building Area: 2,985
  • Gross Building Area: 2,985
  • Building Area: 2,985
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,985
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRADO ALTO UNIT 2
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: S: 18 T: 12N R: 3E SUBD: PRADO ALTO UNIT 2 BLOCK: 3 LOT: 30

Ownership

  • Current Owner : BARNARD KENT
  • Current Owner 2: BARNARD KIM
  • Previous Owner : BARNARD KENT
  • Previous Owner 2: BARNARD KIM
  • Owner Before Previous Owner: NATIONAL RESIDENTIAL NOMINIEE SERVICES I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010729

Geography

  • Account Number: R181930
  • District: 5
  • Parcel: R181930
  • Block: 3
  • Lot: 30
  • Meridian: SEC 18 TWN 12N RNG 03E
  • Municipality: RIO RANCHO
  • Latitude: 35.2661
  • Longitude: -106.659

    Address

  • Full Address: 434 Palo Alto Dr Ne
  • Address - House Number: 434
  • Street Segment Direction: NE
  • Address - Street Name: Palo Alto
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R133
  • 4-Digit Zip Code: 4742
  • Zip Code: 87124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,217
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 522,401
  • High Value: 628,983
  • Low Value: 415,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Loan Amount: $316,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $428,193
  • Market Land Value: $48,000
  • Market Improvement Value: $380,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,731
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $126,731

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836311679
  • Current Sale Price: $395,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021018585
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Contract Date: Mar 15, 2016
  • Previous Sale Amount: $292,700
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $316,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VAN DYK MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 31, 2016
  • Previous Mortgage Loan Amount: $299,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Rio Rancho



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Nearby Rentals

Unit for rent at 1517 Meadowlark Lane Se, Rio Rancho, NM, 87124

$1,995 /mo

  • 2 Beds
  • 1.5 Baths
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1517 Meadowlark Lane Se #H2, Rio Rancho, NM, 87124 Listing by Trevor Nunez

Frequently Asked Questions

What neighborhood is 434 Palo Alto Drive Northeast located in?
The 434 Palo Alto Drive Northeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 434 Palo Alto Drive Northeast?
The average sales price for units in 434 Palo Alto Drive Northeast is $0 currently.

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