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632 Eastlake Drive Southeast

632 Eastlake Drive Southeast, Rio Rancho, NM 87124
Property in Sandoval
Sold Jul 17, 2014
$120,000
$122,580 by New Mexico Educators Fcu
Mortgage Due Aug 01, 2044
632 Eastlake Drive Southeast in Rio Rancho, NM was first built in 1986 and is 38 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 632 Eastlake Drive Southeast has 1,194 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 3,790 square feet.

Learn more about the property and building on this page. The roof of the home is made of materials that we aren't sure of. 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, 632 Eastlake Drive Southeast sold most recently in Jul 17, 2014 for a total of $120,000. If you work out the math, that's approximately a cost of $100.50 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 $1,383 in taxes each year. The initial year of tax delinquency occurred in 2021. 632 Eastlake Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,833. If we break it down further, the land itself was valued at $11,485. Improvements to the property, however, were assessed at a total of $32,348. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Cover Type: Other
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,790
  • Total Building Area: 1,194
  • Gross Building Area: 1,194
  • Building Area: 1,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,194
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ISLANDS 2
  • Land Acres: 0.087
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: S: 19 T: 12N R: 03E SUBD: THE ISLANDS 2 LOT: 4

Ownership

  • Current Owner : HERLUND DON R
  • Current Owner 2: HERLUND SHIRLEY A
  • Previous Owner : ALVAREZ CHRISTINA
  • 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: 010714

Geography

  • Account Number: R099699
  • District: 5
  • Parcel: R099699
  • Lot: 4
  • Meridian: SEC 19 TWN 12N RNG 03E
  • Municipality: RIO RANCHO
  • Latitude: 35.2476
  • Longitude: -106.66

    Address

  • Full Address: 632 Eastlake Dr Se
  • Address - House Number: 632
  • Street Segment Direction: SE
  • Address - Street Name: Eastlake
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Rio Rancho
  • Carrier Code: R014
  • 4-Digit Zip Code: 2166
  • Zip Code: 87124

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,383
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 510CSH_R

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 70
  • Final Value: 269,146
  • High Value: 327,038
  • Low Value: 211,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,580
  • First Open Lien Mortgage Lender: NEW MEXICO EDUCATORS FCU
  • First Open Lien Mortgage Recording Date: Jul 17, 2014
  • First Open Lien Mortgage Loan Amount: $122,580
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2044

    Market Valuation

  • Market Total Value: $131,498
  • Market Land Value: $34,454
  • Market Improvement Value: $97,044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,833
  • Assessed Land Value: $11,485
  • Assessed Improvements Value: $32,348

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2014
  • Current Sale Recording Date: Jul 17, 2014
  • Current Sale Transaction ID: 1063474460
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014014619

    Last Sale Mortgage

  • First Mortgage Lender: NEW MEXICO EDUCATORS FCU
  • First Mortgage Transaction Date: Jul 17, 2014
  • First Mortgage Loan Amount: $122,580
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2044

About Rio Rancho



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937 Country Club Dr. Se #M #937 Country Club Dr. SE #M, Rio Rancho, NM, 87124 Listing by Manager

Frequently Asked Questions

What neighborhood is 632 Eastlake Drive Southeast located in?
The 632 Eastlake Drive Southeast is a located in the neighborhood of Sandoval in Rio Rancho, Rio Rancho.
What is the average sales price for listings in 632 Eastlake Drive Southeast?
The average sales price for units in 632 Eastlake Drive Southeast is $0 currently.

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