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166 Spectrum Ave SW, Rio Rancho, NM, 87124

$344,900

Home List Price

$4,096*

Closing Credit

2 Bedrooms
1 Full Bath
1,239 SqFt
$278/SqFt
House

Location

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166 Spectrum Ave SW, Rio Rancho$344,900

Buyer Closing Credits

$4,096*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2023
HeatingCentral, Forced Air
CoolingENERGY STAR Qualified Equipment, Central Air
MLS #1074073
Lot Size0.12 Acres
StatusActive

About 166 Spectrum Ave SW

BETTER THAN NEW! Built in 2023, this open concept single story, 2 bedroom, 2 bath Furnished Home features upgraded stainless steel appliances, granite countertops, kitchen island, tankless water heater and energy efficient HVAC system. Enjoy the amenities of new construction without the wait, plus all of the extras that you wish new construction included- finished backyard with decorative rock and flagstone, custom blinds, counter depth stainless steel refrigerator, rain gutters, storm door, cabinet handles, custom made pull out shelves, ceiling fans, doorbell camera, washer & dryer. Stylish furniture and two televisions, all purchased new in 2023, included! Plus, this home qualifies for special conventional loan options, available based on location.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2023
  • Living Area: 1,239 SqFt

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Katherine Fox

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Range, Disposal, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), Entrance Foyer, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Yard, Smart Camera(s)/Recording, Sprinkler/Irrigation

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: ENERGY STAR Qualified Equipment, Central Air

Other

Directions Information:

  • Directions: I-25 to NM-423 Paseo del Norte, Take exit 232 for NM-423 and keep left toward Paseo del Norte, Continue straight onto Paseo del Norte, North onto Unser Blvd, Follow Unser Blvd to Southern Blvd and turn left, continue straight on Southern and turn Right on Rainbow Blvd, Rainbow Canyon will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $344,900
  • Price Per SqFt: $278/SqFt

HOA Fees:

  • Amount: $45
  • Frequency: Monthly
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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

$356.9K

Med. Price/SqFt

$206

Avg. Days On Market

40

# of Sold Homes

127

166 Spectrum Ave SW vs Rio Rancho

32 DAYS ON ROCKET

-8 Days

$344,900

-$12K Less

$278/SqFt

+$71 More

KEY TAKEAWAY

This property is $12K less than the Median Sold Price and $71/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: #1074073

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Katherine Fox

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: 12/18/2024, 3:20:50 PM 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

$1,834

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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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.

Nearby Schools

school-card-donut-23189
5
/10

  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-23190
4
/10

  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 2.65 miles

  • Public District Grades KG-5

school-card-donut-23191
7
/10

  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 3.34 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,974. The most common annual income of people living in Rio Rancho, NM is between $35k-100k. The majority of families are single, no kids. The majority of 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 166 Spectrum Ave SW

What is the listing price of this property?

The listing price of 166 Spectrum Ave SW property is $344,900.

What type of property is this?

The property 166 Spectrum Ave SW is a house located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 166 Spectrum Ave SW is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 166 Spectrum Ave SW has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 166 Spectrum Ave SW is 1,239 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 166 Spectrum Ave SW is 2023.

Rocket Homes›New Mexico›Sandoval County›Rio Rancho›87124›166 Spectrum Ave SW

This home is located at 166 Spectrum Ave SW in Rio Rancho, NM and zip code 87124. This 1,239 square foot home, which was built in 2023, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $344,900.

Rio Rancho, NM housing market in November 2024 saw over 19 listings sold above listed price, more than 50 sold at listed price and over 58 sold below. The number of listings in Rio Rancho, NM decreased by 16.4% between October 2024 and November 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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