ParkingAttached, Garage, Garage Door Opener, Oversized, Workshop in Garage
Attached Garage4 spaces
Year Built1973
HeatingOther, Central, Forced Air
CoolingCentral Air
FireplaceCustom, Gas Log
MLS #1061374
Lot Size2.65 Acres
StatusSale Pending (Pending)
About 5111 Rio Grande Blvd NW
Once-in-a-lifetime opportunity to own a landmark estate in Albuquerque's North Valley. This sprawling home enjoys breathtaking views across the lush Rio Grande valley to the Sandia Mountains. Rarely available irrigated lot of nearly 3 acres with old-growth trees and mature landscaping. Meticulously maintained by its original owners, this custom mid-century home includes the warmth of southwestern touches throughout. Glorious spaces are ready to be customized for a new generation. Attached guest casita with high ceilings is bathed in light, and includes two accessible baths and a private exterior entrance - perfect for multigenerational living, or a dreamy main bedroom suite. High-quality systems throughout, including an irrigation well and brand-new roof with warranty. Just incredible!
Property Details
Property Features
Property Information:
Architectural Style: Custom, Mid-Century Modern, Northern New Mexico
Interior: Beamed Ceilings, Wet Bar, Home Office, In-Law Floorplan, Multiple Living Areas, Main Level Primary, Multiple Primary Suites, Sitting Area in Master, Walk-In Closet(s), Central Vacuum
5111 Rio Grande Blvd NW vs Los Ranchos de Albuquerque
36 DAYS ON ROCKET
-53 Days
$2,500,000
+$1.4M More
$338/SqFt
+$76 More
KEY TAKEAWAY
This property is $1.4M more than the Median Sold Price and $76/SqFt more than other homes in Los Ranchos de Albuquerque, NM.
Based on homes sold in April 2024
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1061374
Listing Office:
Office Name: Coldwell Banker Legacy
Office Phone: (505) 293-3700
Listing Agent: Giulia Urquhart
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.5K
Per Month
Principal & Interest
$12.4K
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)
$0
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
$7,562
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
Alvarado Elementary School
1100 Solar Rd NW
Distance between this listing and this school0.44 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school4.99 miles
Public District Grades KG-5
Middle School
4
/10
Taft Middle School
620 Schulte Rd NW
Distance between this listing and this school1.11 miles
Public District Grades 6-8
High School
4
/10
Valley High School
1505 Candelaria Rd NW
Distance between this listing and this school1.82 miles
Public District Grades 9-12
6
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.58 miles
Public District Grades 9-12
Assigned Schools
6
/10
Alvarado Elementary School
1100 Solar Rd NW
Distance between this listing and this school0.44 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school4.99 miles
Public District Grades KG-5
Nearby Schools
7
/10
Douglas Macarthur Elementary School
1100 Douglas Macarthur Rd NW
Distance between this listing and this school1.14 miles
Public District Grades PK-5
Assigned Schools
4
/10
Taft Middle School
620 Schulte Rd NW
Distance between this listing and this school1.11 miles
Public District Grades 6-8
Nearby Schools
5
/10
Mountain Mahogany Community School
5014 4th St NW
Distance between this listing and this school1.67 miles
Public Charter Grades KG-8
5
/10
L.B. Johnson Middle School
6811 Taylor Ranch Rd NW
Distance between this listing and this school2.10 miles
Public District Grades 6-8
Assigned Schools
4
/10
Valley High School
1505 Candelaria Rd NW
Distance between this listing and this school1.82 miles
Public District Grades 9-12
6
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.58 miles
Public District Grades 9-12
Nearby Schools
2
/10
School For Integrate
1500 Indian School Rd NW
Distance between this listing and this school2.93 miles
The neighbors living near this home have an average income of $96,959. Typical income of Los Ranchos de Albuquerque, NM residents is between $35k-100k annually. 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 5111 Rio Grande Blvd NW
What is the listing price of this property?
The listing price of 5111 Rio Grande Blvd NW property is $2,500,000.
What type of property is this?
The property 5111 Rio Grande Blvd NW is a house located in Los Ranchos, New Mexico, 87107.
Is this property for sale now?
Sale Pending: 5111 Rio Grande Blvd NW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 5111 Rio Grande Blvd NW are: Alvarado Elementary School: GreatSchools Rating 6/10Coronado Elementary School: GreatSchools Rating 6/10Taft Middle School: GreatSchools Rating 4/10Valley High School: GreatSchools Rating 4/10Nex Gen Academy: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $16,650 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5111 Rio Grande Blvd NW has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 5111 Rio Grande Blvd NW is 7,388 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5111 Rio Grande Blvd NW is 1973.
This home is located at 5111 Rio Grande Blvd NW in Los Ranchos, NM and zip code 87107 in the Northwest Albuquerque neighborhood. This 7,388 square foot home, which was built in 1973, sits on a 2.65 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $2,500,000.
In April 2024, from all listings sold in Los Ranchos de Albuquerque, NM there were more than 0 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. The number of listings in Los Ranchos de Albuquerque, NM increased by 5% between March 2024 and April 2024. Listings spent 89 days on the market in April 2024, and had a median list price of $1,006,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.