This home design features 3 bedrooms, 2 bathrooms, 2 car garage with a welcoming entry that opens to a bright, elegant dining room. The spacious kitchen with a grand island functions as the heart of the home and the great room features a tray ceiling that highlights an abundance of natural light. Home is still under construction.
Property Details
Property Features
Property Information:
Year Built: 2024
Stories: 1
Living Area: 1,649 SqFt
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (505) 554-3873
Listing Agent: Alex Cordova
Interior Features
Interior Information:
Basement: No
Flooring Type: Carpet, Tile
Interior: Main Level Primary
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Private Yard
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
V Sue Cleveland High School, Public District Grades 9-12
Eagle Ridge Middle School, Public District Grades 6-8
Ernest Stapleton Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Take I-40 W to NM-345 N/Unser Blvd NW, Follow Unser Blvd NW for 10.6 miles, turn right onto Northern Blvd NE, in 1.1 miles turn left onto Idalia Rd, turn left at the 1st cross street onto Broadmoor Blvd NE, turn right onto Edinburgh St NE, turn left onto Melon Rd NE/Melon Ridge Loop NE, arrive to model home.
Price Information
Listing Price Info
Price Summary:
List Price: $426,260
Price Per SqFt: $259/SqFt
HOA Fees:
Amount: $360
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rio Rancho, NM.
This property is $74K more than the Median Sold Price and $56/SqFt more than other homes in Rio Rancho, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1043728
Listing Office:
Office Name: EXP Realty LLC
Office Phone: (505) 554-3873
Listing Agent: Alex Cordova
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,555
Per Month
Principal & Interest
$2,128
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$360
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,344
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Ernest Stapleton Elementary School
3100 8th Ave NE
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Middle School
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school0.57 miles
Public District Grades 6-8
High School
7
/10
V Sue Cleveland High School
4800 Laban Rd NE
Distance between this listing and this school3.43 miles
Public District Grades 9-12
Assigned Schools
6
/10
Ernest Stapleton Elementary School
3100 8th Ave NE
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Nearby Schools
6
/10
Cielo Azul Elementary School
1550 34th Ave NE
Distance between this listing and this school1.09 miles
Public District Grades KG-5
7
/10
Colinas Del Norte Elementary School
1001 23rd Ave NE
Distance between this listing and this school2.11 miles
Public District Grades PK-5
Assigned Schools
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school0.57 miles
Public District Grades 6-8
Nearby Schools
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school1.57 miles
Public District Grades 6-8
9
/10
Rio Rancho Middle School
1600 Loma Colorado Blvd NE
Distance between this listing and this school1.77 miles
Public District Grades 6-8
Assigned Schools
7
/10
V Sue Cleveland High School
4800 Laban Rd NE
Distance between this listing and this school3.43 miles
Public District Grades 9-12
Nearby Schools
2
/10
Independence High School
421 Quantum Rd NE
Distance between this listing and this school3.17 miles
Public District Grades 9-12
8
/10
Rio Rancho High School
500 Laser Rd NE
Distance between this listing and this school3.21 miles
The neighbors living near this home have an average income of $85,129. Most Rio Rancho, NM residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2396 Melon Ridge Loop NE
What is the listing price of this property?
The listing price of 2396 Melon Ridge Loop NE property is $426,260.
What type of property is this?
The property 2396 Melon Ridge Loop NE is a house located in Rio Rancho, New Mexico, 87144.
Is this property for sale now?
Active Listing: 2396 Melon Ridge Loop NE is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2396 Melon Ridge Loop NE are: Ernest Stapleton Elementary School: GreatSchools Rating 6/10Eagle Ridge Middle School: GreatSchools Rating 6/10V Sue Cleveland High School: GreatSchools Rating 7/10
How many bedrooms and bathrooms does this property have?
The property at 2396 Melon Ridge Loop NE has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2396 Melon Ridge Loop NE is 1,649 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2396 Melon Ridge Loop NE is 2024.
This home is located at 2396 Melon Ridge Loop NE in Rio Rancho, NM and zip code 87144. This 1,649 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $426,260.
Over 38 listings were sold over their listed price in April 2024 in Rio Rancho, NM. In the same period over 52 listings were sold below the listed price and 46 listings were sold for the listed price. The inventory of homes for sale in Rio Rancho, NM between March 2024 and April 2024 decreased by 7.4%. In April 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $352,183.
From Rocket Homes Real Estate and based on county public records data.