2 months on rocket

1.5ACRES 31st Ave NW, Rio Rancho, NM, 87124

$19,975

1.50 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1070261
Lot Size1.50 Acres
StatusActive

About 1.5ACRES 31st Ave NW

1.5 Acres - 3 Lots together - OWNER FINANCE ($5KDOWN $375mONTH 7%) Look! JUST WEST OF RAINBOW very close to Northern Meadows 1,000 home subdivision. Perfect for your investment property or plan to build your dream home. Seller has no information on access to any utilitiesDIRECTIONS - West on 28th Ave to Rainbow Blvd then North on Rainbow to 31st Ave west to lots

Property Details

Property Features

Listing Office:

  • Office Name: Commercial First Realty
  • Office Phone: (505) 363-2757
  • Listing Agent: Barton Lee Murphy

Lot Features

Lot Information:

  • Lot: Other, Split Possible, See Remarks, Views
  • Lot Size: 1.50 Acres

Other

Directions Information:

  • Directions: West on 28th Ave to Rainbow Blvd then North on Rainbow to 31st Ave west to lots

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,975
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Housing Market Comparison

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

Med. Sold Price

$356.9K

Med. Price/SqFt

$206

Avg. Days On Market

40

# of Sold Homes

127

1.5ACRES 31st Ave NW vs Rio Rancho

82 DAYS ON ROCKET

+42 Days

$19,975

-$336.9K Less

KEY TAKEAWAY

This property is $336.9K less 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: #1070261

Listing Office:

  • Office Name: Commercial First Realty
  • Office Phone: (505) 363-2757
  • Listing Agent: Barton Lee Murphy

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: 12/23/2024, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$167

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$126

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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.

Nearby Schools

school-card-donut-1136474
7
/10
  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-1136475
5
/10
  • Seven Bar Elementary School

  • 4501 Seven Bar Loop Rd NW

  • 1.43 miles

  • Public District Grades KG-5

school-card-donut-1136476
4
/10
  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 1.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,276. 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

Living In Rio Rancho, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rio Rancho, NM?

Rio Rancho offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with modern, pueblo-style, and ranch homes dotting the landscape. The housing market is dynamic, with new developments complementing established neighborhoods. While the majority of residents own their homes, there is also a substantial rental market to accommodate various preferences.

Is Rio Rancho, NM a good place to live?

Rio Rancho is known for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on its recreational parks, annual events, and a sense of tranquility that appeals to many of its residents. It's a place where community events and local sports bring residents together, reflecting the area's collective values and neighborly spirit.

Are things conveniently located in Rio Rancho, NM?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are readily available, with local clinics and a regional hospital providing comprehensive care. Rio Rancho also features a selection of retail and dining options that reflect the local Southwestern culture, with city initiatives in place to continually enhance these services.

What does the transportation in Rio Rancho, NM look like?

Transportation in Rio Rancho includes a network of major roads and highways that connect residents to nearby Albuquerque and other parts of New Mexico. Public transit options are available, with routes designed to serve key areas of the city. The community is also making strides in improving walkability in several neighborhoods, and while ride-sharing services are present, the area's layout tends to favor private vehicle use.

Frequently Asked Questions About 1.5ACRES 31st Ave NW

What is the listing price of this property?

The listing price of 1.5ACRES 31st Ave NW property is $19,975.

What type of property is this?

The property 1.5ACRES 31st Ave NW is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 1.5ACRES 31st Ave NW is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1.5ACRES 31st Ave NW is 1.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871241.5ACRES 31st Ave NW

This home is located at 1.5ACRES 31st Ave NW in Rio Rancho, NM and zip code 87124. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $19,975.

In November 2024, from all listings sold in Rio Rancho, NM there were more than 19 sold above asking price, over 58 sold below and more than 50 were sold right at the asked price. In November 2024 in Rio Rancho, NM there were 16.4% less homes for sale than in October 2024. While the average time on the market in November 2024 was 40 days, the median list price was $356,947.

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

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