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5409 Vera Cruz Road Northeast

5409 Vera Cruz Road Northeast, Rio Rancho, NM 87144
Property in Sandoval
Sold Oct 26, 2018
$396,600
$317,300 by Legacy Mortgage Llc
Mortgage Due Nov 01, 2048
Local assessors in Rio Rancho, NM have categorized 5409 Vera Cruz Road Northeast 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 43,560 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, 4 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 5409 Vera Cruz Road Northeast has a total of 2,358 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. 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, 5409 Vera Cruz Road Northeast sold most recently in Oct 25, 2018 for a total of $396,600. If you work out the math, that's approximately a cost of $168.19 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 $4,192 in taxes each year. 5409 Vera Cruz Road Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $114,684. If we break it down further, the land itself was valued at $22,667. Improvements to the property, however, were assessed at a total of $92,017. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 4
  • 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: 43,560
  • Total Building Area: 2,358
  • Gross Building Area: 2,358
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,358
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIO RANCHO ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 143 LOT: 6 UNIT: 17

Ownership

  • Current Owner : CHAVEZ ELAINE
  • Current Owner 2: CHAVEZ HENRY
  • Previous Owner : MARTINEZ MARY A
  • Previous Owner 2: THE APOLLNAR AND MARY MARTINEZ
  • 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: 010728

Geography

  • Account Number: R032109
  • District: 5
  • Parcel: R032109
  • Block: 143
  • Lot: 6
  • Municipality: RIO RANCHO
  • Latitude: 35.2756
  • Longitude: -106.625

    Address

  • Full Address: 5409 Vera Cruz Rd Ne
  • Legal Unit: 17
  • Address - House Number: 5409
  • Street Segment Direction: NE
  • Address - Street Name: Vera Cruz
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R122
  • 4-Digit Zip Code: 3203
  • Zip Code: 87144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,192
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 72
  • Final Value: 547,406
  • High Value: 658,706
  • Low Value: 436,106

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $517,300
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2018
  • First Open Lien Mortgage Loan Amount: $317,300
  • 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: Nov 01, 2048
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Oct 23, 2019
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $344,052
  • Market Land Value: $68,000
  • Market Improvement Value: $276,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,684
  • Assessed Land Value: $22,667
  • Assessed Improvements Value: $92,017

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Oct 26, 2018
  • Current Sale Transaction ID: 11531364638
  • Current Sale Price: $396,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018024350

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 26, 2018
  • First Mortgage Loan Amount: $317,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Rio Rancho



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$3,200 /mo

  • 4 Beds
  • 2 Baths
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725 Uranium Drive Northeast, Rio Rancho, NM, 87124 Listing by Manager

Frequently Asked Questions

What neighborhood is 5409 Vera Cruz Road Northeast located in?
The 5409 Vera Cruz Road Northeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 5409 Vera Cruz Road Northeast?
The average sales price for units in 5409 Vera Cruz Road Northeast is $0 currently.

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