9 days on rocket

75 Darlene Rd SE, Rio Rancho, NM, 87124

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Bath
Multi
Schools Nearby

Location

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75 Darlene Rd SE, Rio Rancho$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1980
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #1060706
Lot Size0.14 Acres
StatusActive

About 75 Darlene Rd SE

Rio Rancho Fourplex!! - a prime investment opportunity in a rapidly growing and highly desirable location. Situated in one of Rio Rancho's convenient neighborhoods, this property offers a strategic investment in the heart of a high-appreciating area.With four units, each boasting 2 bedrooms and 1 bathroom, and in unit W/D hookups this property is perfectly poised for healthy room for rent growth. Whether you're an investor seeking solid returns or a homeowner looking to offset mortgage costs, this property presents an enticing proposition.Investing in this property means tapping into Rio Rancho's upward trajectory. As property values continue to rise in this dynamic market, you can expect your investment to appreciate significantly over time.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2

Listing Office:

  • Office Name: Rhino Realty Property Mgmt LLC
  • Office Phone: (505) 856-0033
  • Listing Agent: Trey W. Whaley

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: See Remarks, Tile

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Rio Rancho High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Maggie Cordova Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: google

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $1,793
  • 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

75 Darlene Rd SE vs Rio Rancho

9 DAYS ON ROCKET

-28 Days

$550,000

+$197.8K More

KEY TAKEAWAY

This property is $197.8K more than the Median Sold Price in Rio Rancho, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1060706

Listing Office:

  • Office Name: Rhino Realty Property Mgmt LLC
  • Office Phone: (505) 856-0033
  • Listing Agent: Trey W. Whaley

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, 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$1,793$48,568
2019$1,774$47,154
2018$1,619$45,781
2017$1,553$44,448

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-6003990
5
/10

  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 1.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6003991
6
/10

  • Lincoln Middle School

  • 2287 Lema Rd SE

  • 1.02 miles

  • Public District Grades 6-8

High School

school-card-donut-6003992
8
/10

  • Rio Rancho High School

  • 500 Laser Rd NE

  • 4.03 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 $51,916. Typical income of Rio Rancho, NM residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Sandoval County›Rio Rancho›87124›75 Darlene Rd SE

This home is located at 75 Darlene Rd SE in Rio Rancho, NM and zip code 87124 in the Solar Village / Mid-Unser neighborhood. This home, which was built in 1980, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $550,000.

In April 2024 more than 38 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 52 were sold below. Between March 2024 and April 2024, Rio Rancho, NM real estate market has seen decrease in the number of listings by 7.4%. 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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