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701 Monterrey Rd NE, Rio Rancho, NM, 87144

$565,000

Home List Price

$6,709*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,459 SqFt
$230/SqFt
House

Location

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701 Monterrey Rd NE, Rio Rancho$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Forced Air, Multi Unit(s)
CoolingENERGY STAR Qualified Equipment, Multi Unit(s)
FireplaceCustom
MLS #1071647
Lot Size0.50 Acres
StatusActive

About 701 Monterrey Rd NE

**Builder is offering a $15,000 buyer credit** Welcome to 701 Monterrey Rd NE, a stunning modern home situated on a spacious half-acre lot. This contemporary 4-bedroom, 3.5-bathroom property offers breathtaking mountain views and elegant living spaces. The open-concept floor plan boasts a gourmet kitchen with sleek finishes, stainless steel appliances, and a large island, ideal for entertaining. Natural light fills the expansive living room with its soaring ceilings and stylish details. Step outside to enjoy the balcony, perfect for soaking in the panoramic desert and mountain views. With ample space and modern touches throughout, this home is designed to elevate your lifestyle. Don't miss the opportunity to make this incredible property yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,459 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Simon Gonzalez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Kitchen Island, Loft, Multiple Living Areas, Pantry, Water Closet(s), Walk-In Closet(s)
  • Fireplace: Custom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Private Yard

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 701 Monterrey Rd NE
3D Tour

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Multi Unit(s)
  • Cooling: ENERGY STAR Qualified Equipment, Multi Unit(s)

Other

Directions Information:

  • Directions: From Hwy 528 and Northern Blvd. Go west 1 block to Monterrey, Turn North and go to property on the West side. OR From Hwy 528 and Alberta, go west one block to Monterrey and then turn South to the property on the West side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $230/SqFt
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Housing Market Comparison

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

Med. Sold Price

$358.8K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

119

701 Monterrey Rd NE vs Rio Rancho

48 DAYS ON ROCKET

+10 Days

$565,000

+$206.1K More

$230/SqFt

+$23 More

KEY TAKEAWAY

This property is $206.1K more than the Median Sold Price and $23/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: #1071647

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Simon Gonzalez

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: 11/18/2024, 9:20:47 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

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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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-764257
8
/10
  • Enchanted Hills Elementary School

  • 5400 Obregon Rd NE

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-764258
6
/10
  • Rio Rancho Elementary School

  • 4601 Pepe Ortiz Rd SE

  • 1.83 miles

  • Public District Grades KG-5

school-card-donut-764259
6
/10
  • Ernest Stapleton Elementary School

  • 3100 Stapleton Ave NE

  • 2.79 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,750. The most common annual income of people living in Rio Rancho, NM is between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 Monterrey Rd NE

What is the listing price of this property?

The listing price of 701 Monterrey Rd NE property is $565,000.

What type of property is this?

The property 701 Monterrey Rd NE is a house located in Rio Rancho, New Mexico, 87144.

Is this property for sale now?

Active Listing: 701 Monterrey Rd NE is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 701 Monterrey Rd NE has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 701 Monterrey Rd NE is 2,459 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 Monterrey Rd NE is 2024.

Rocket HomesNew MexicoSandoval CountyRio Rancho87144701 Monterrey Rd NE

This home is located at 701 Monterrey Rd NE in Rio Rancho, NM and zip code 87144 in the Chamiza Estates neighborhood. This 2,459 square foot home, which was built in 2024, sits on a 0.50 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $565,000.

Rio Rancho, NM housing market in October 2024 saw over 23 listings sold above listed price, more than 43 sold at listed price and over 53 sold below. Between September 2024 and October 2024, Rio Rancho, NM real estate market has seen decrease in the number of listings by 9%. Listings spent 38 days on the market in October 2024, and had a median list price of $358,871 during the same period.

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

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