6 months on rocket

5516 Laredo Rd NE, Rio Rancho, NM, 87144

$625,000

Home List Price

$7,422*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,349 SqFt
$187/SqFt
House
Schools Nearby

Location

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5516 Laredo Rd NE, Rio Rancho$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1999
HeatingBaseboard, Hot Water, Radiant Floor
CoolingCentral Air
FireplaceGas Log
MLS #1043523
Lot Size0.56 Acres
StatusActive

About 5516 Laredo Rd NE

WOW! Incredible views of the Sandia Mountains!! Beautifully maintained, traditionally classic home! NEW SEPTIC TANK! NEW WELL PUMP! Two large bonus rooms! Secondary bdrs w/Jack-N-Jill bath! Gorgeous Pella windows w/spectacular views! TWO new refrig air units (2023)! Re-stuccoed (2023)! Roof (2020)! Elegant entry, grand staircase, formal dining & living room. TWO Primary Suites; one on the main floor, one upstairs w/balcony showcasing panoramic views! Laundry room upstairs. Classic kitchen has granite countertops, LG SS appls, storage pantries & bkfst nook. Half circle drive, 2CG, large expanded lot for RV, rec vehicles & extra parking! Great location in mid Rio Rancho, parks, schools, shopping, Intel, Presbyterian Rust Hospital, Rail Runner to SF & downtown!!

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 2
  • Living Area: 3,349 SqFt

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 293-3700
  • Listing Agent: Sandi D. Pressley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Water Softener
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Jack and Jill Bath, Jetted Tub, Multiple Living Areas, Main Level Primary, Multiple Primary Suites, Pantry, Sitting Area in Master, Shower Only, Separate Shower, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Sprinkler/Irrigation

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Landscaped, Views
  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Radiant Floor
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • V Sue Cleveland High School, Public District Grades 9-12
  • Rio Rancho Middle School, Public District Grades 6-8
  • Enchanted Hills Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Northern and 528 / West on Northern /Right on Chihuahua Rd / past Vera Cruz turns into Laredo Rd / House on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $4,678
  • Tax Year: 2021
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Housing Market Comparison

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

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Rio Rancho, NM

City

Med. Sold Price

$352.1K

Med. Price/SqFt

$202

Avg. Days On Market

37

# of Sold Homes

136

5516 Laredo Rd NE vs Rio Rancho

195 DAYS ON ROCKET

+158 Days

$625,000

+$272.8K More

$187/SqFt

-$16 Less

KEY TAKEAWAY

This property is $272.8K more than the Median Sold Price and $16/SqFt less 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: #1043523

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 293-3700
  • Listing Agent: Sandi D. Pressley

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: 5/4/2024, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 16, 2020Home Sold
$260,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,678$126,691
2019$2,660$72,720
2018$2,427$70,601
2017$2,325$68,545

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-6016040
8
/10

  • Enchanted Hills Elementary School

  • 5400 Obregon Rd NE

  • 0.27 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6016041
8
/10

  • Rio Rancho Middle School

  • 1600 Loma Colorado Blvd NE

  • 1.88 miles

  • Public District Grades 6-8

High School

school-card-donut-6016042
8
/10

  • V Sue Cleveland High School

  • 4800 Laban Rd NE

  • 2.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,750. Residents of Rio Rancho, NM typically earn between $35k-100k each year. Typical family type is 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 5516 Laredo Rd NE

What is the listing price of this property?

The listing price of 5516 Laredo Rd NE property is $625,000.

What type of property is this?

The property 5516 Laredo Rd NE is a house located in Rio Rancho, New Mexico, 87144.

Is this property for sale now?

Active Listing: 5516 Laredo Rd 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 5516 Laredo Rd NE are:
Enchanted Hills Elementary School: GreatSchools Rating 8/10
Rio Rancho Middle School: GreatSchools Rating 8/10
V Sue Cleveland 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 $4,678 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 16, 2020 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5516 Laredo Rd NE has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5516 Laredo Rd NE is 3,349 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5516 Laredo Rd NE is 1999.

Rocket Homes›New Mexico›Sandoval County›Rio Rancho›87144›5516 Laredo Rd NE

This home is located at 5516 Laredo Rd NE in Rio Rancho, NM and zip code 87144 in the Chamiza Estates neighborhood. This 3,349 square foot home, which was built in 1999, sits on a 0.56 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 22, 2023 and is currently priced at $625,000.

In April 2024, from all listings sold in Rio Rancho, NM there were more than 38 sold above asking price, over 52 sold below and more than 46 were sold right at the asked price. The number of homes for sale in Rio Rancho, NM decreased by 7.4% between March 2024 and April 2024. Listings spent 37 days on the market in April 2024, and had a median list price of $352,183 during the same period.

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

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