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5000 Georgia Place Northeast

5000 Georgia Place Northeast, Rio Rancho, NM 87144
Property in Sandoval
Sold Dec 20, 2021
$380,000
$277,000 by Bank Of The West
Mortgage Due Apr 01, 2048
Sold Mar 14, 2018
$346,300
$277,000 by Bank Of The West
Mortgage Due Apr 01, 2048
Local assessors in Rio Rancho, NM have categorized 5000 Georgia Place Northeast as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 225,641 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, 2 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 5000 Georgia Place Northeast has a total of 1,503 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. The building has a flat style roof. The property was last sold in Jun 2, 2021 for $380,000. That's $252.83 per sqft. Prior to that sales transaction, the property was also sold in Mar 14, 2018 for $346,300. 5000 Georgia Place Northeast was last assessed in 2023. The total value of the property was assessed at $100,373. Specifically, the land the property is located on was valued at $34,667. While improvements on the property were assessed at a total of $65,706. 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 $3,449. 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! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Shape Type: Flat
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 225,641
  • Total Building Area: 1,503
  • Gross Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIO RANCHO ESTATES
  • Land Acres: 5.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 56 LOT: 49 UNIT: 17

Ownership

  • Current Owner : VARELA JOSE ROBERTO LOYA
  • Current Owner 2: ARVIZO ABRIL ARTALEJO
  • Previous Owner : SOLANO MEDINA GUADALUPE
  • Owner Before Previous Owner: BOHLING DIANE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 94I - RIO RANCH
  • Census Tract: 010728

Geography

  • Account Number: R119722
  • District: 5
  • Subdivision Tract Number: 49
  • Parcel: R119722
  • Block: 56
  • Lot: 49
  • Municipality: RIO RANCHO
  • Latitude: 35.2939
  • Longitude: -106.636

    Address

  • Full Address: 5000 Georgia Pl Ne
  • Legal Unit: 17
  • Address - House Number: 5000
  • Street Segment Direction: NE
  • Address - Street Name: Georgia
  • Address - Suffix Type: Pl
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R157
  • 4-Digit Zip Code: 5568
  • Zip Code: 87144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,449
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 74
  • Final Value: 506,922
  • High Value: 603,552
  • Low Value: 410,293

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Mar 14, 2018
  • First Open Lien Mortgage Loan Amount: $277,000
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $301,119
  • Market Land Value: $104,000
  • Market Improvement Value: $197,119

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,373
  • Assessed Land Value: $34,667
  • Assessed Improvements Value: $65,706

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875056375
  • Current Sale Price: $380,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021043800
  • Previous Sale Recording Date: Mar 14, 2018
  • Previous Sale Contract Date: Mar 14, 2018
  • Previous Sale Amount: $346,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE WEST
  • Previous Mortgage Transaction Date: Mar 14, 2018
  • Previous Mortgage Loan Amount: $277,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Rio Rancho



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Frequently Asked Questions

What neighborhood is 5000 Georgia Place Northeast located in?
The 5000 Georgia Place Northeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 5000 Georgia Place Northeast?
The average sales price for units in 5000 Georgia Place Northeast is $0 currently.

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