15 days on rocket

540 7th Ave NE, Rio Rancho, NM, 87124

$380,000

Home List Price

$4,513*

Closing Credit

4 Bedrooms
2 Full Baths
1,773 SqFt
$214/SqFt
House
Schools Nearby

Location

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540 7th Ave NE, Rio Rancho$380,000

Buyer Closing Credits

$4,513*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1989
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceGas Log
Private PoolYes
MLS #1060814
Lot Size0.30 Acres
StatusActive

About 540 7th Ave NE

Excellent opportunity to own this well maintained 4 bed 2 bath home with a pool. Home is light and bright and has a large backyard with a patio off the dining area and access to the back yard from the oversized master bedroom!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,773 SqFt

Listing Office:

  • Office Name: Simply Real Estate
  • Office Phone: (505) 308-3800
  • Listing Agent: Kendall M Sierra

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Bamboo, Tile
  • Interior: Bookcases, Ceiling Fan(s), Main Level Primary, Pantry
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Rio Rancho High School, Public District Grades 9-12
  • Rio Rancho Middle School, Public District Grades 6-8
  • Ernest Stapleton Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From 528, left on Rockaway, Left on 9th, Left on Christine Dr, Right on 7th

Price Information

Listing Price Info

Price Summary:

  • List Price: $380,000
  • Price Per SqFt: $214/SqFt

Tax Information:

  • Annual Amount: $2,115
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rio Rancho, NM.

Med. Sold Price

$352.1K

Med. Price/SqFt

$202

Avg. Days On Market

37

# of Sold Homes

136

540 7th Ave NE vs Rio Rancho

15 DAYS ON ROCKET

-22 Days

$380,000

+$27.8K More

$214/SqFt

+$11 More

KEY TAKEAWAY

This property is $27.8K more than the Median Sold Price and $11/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: #1060814

Listing Office:

  • Office Name: Simply Real Estate
  • Office Phone: (505) 308-3800
  • Listing Agent: Kendall M Sierra

IDXThe 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.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 2:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,115$57,289
2019$2,031$54,001
2018$1,854$52,428
2017$1,778$50,901

History based on county public records data.

Payment Calculator

$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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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

school-card-donut-4768597
7
/10
  • Ernest Stapleton Elementary School

  • 3100 8th Ave NE

  • 1.12 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4768598
8
/10
  • Rio Rancho Middle School

  • 1600 Loma Colorado Blvd NE

  • 0.98 miles

  • Public District Grades 6-8

High School

school-card-donut-4768599
8
/10
  • Rio Rancho High School

  • 500 Laser Rd NE

  • 1.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,353. The majority of Rio Rancho, NM residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 7th Ave NE

What is the listing price of this property?

The listing price of 540 7th Ave NE property is $380,000.

What type of property is this?

The property 540 7th Ave NE is a house located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 540 7th Ave 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 540 7th Ave NE are:
Ernest Stapleton Elementary School: GreatSchools Rating 7/10
Rio Rancho Middle School: GreatSchools Rating 8/10
Rio Rancho High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,115 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 540 7th Ave NE has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 540 7th Ave NE is 1,773 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 7th Ave NE is 1989.

Rocket HomesNew MexicoSandoval CountyRio Rancho87124540 7th Ave NE

This home is located at 540 7th Ave NE in Rio Rancho, NM and zip code 87124 in the Vista Hills neighborhood. This 1,773 square foot home, which was built in 1989, sits on a 0.30 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $380,000.

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%. The median list price of listings available in April 2024 was $352,183, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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