For sale

$350,000

116 2nd St NE, Rio Rancho, NM 87124

3beds

1,539sqft

$2,305/mo

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Single Family Residence

Built in 2003

0.5 Acres Lot

$344,200 Zestimate^®

$227/sqft

$-- HOA

What's special

Beautiful sandia mountain viewsMountain viewsSpacious half-acre lotOpen-concept floor planBeautiful flooringNumerous windows and skylightsAbundance of natural light

Enjoy space, comfort and beautiful Sandia Mountain views with this charming single-story Rio Rancho home situated on a spacious half-acre lot! Featuring an open-concept floor plan, beautiful flooring and an abundance of natural light from numerous windows and skylights, this home offers a bright and inviting atmosphere. Recent improvements include refrigerated air installed approximately two years ago and a newer roof installed in 2021. The generous lot offers backyard access and plenty of room for RVs, recreational vehicles, trailers or all your extra toys. Step outside and take in the mountain views while enjoying the space and possibilities this property has to offer!

5 days
318
28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Cooling

Refrigerated

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Main Level Primary
Flooring: Laminate, Vinyl
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,539
Total interior livable area: 1,539 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Yard

Lot

Size: 0.5 Acres

Details

Parcel number: 1009070360012
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Shingle

Condition

Resale
New construction: No
Year built: 2003

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $227/sqft
Tax assessed value: $304,742
Annual tax amount: $3,655
Date on market: 11/3/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$344,200

$327,000 - $361,000

$2,077/mo

Price history

Date	Event	Price
11/3/2026	Listed for sale	$350,000+14.8%$227/sqft
Source: SWMLS #1113452 Report a problem
7/24/2023	Sold	--
Source: SWMLS #1033443 Report a problem
5/6/2023	Pending sale	$305,000$198/sqft
Source: SWMLS #1033443 Report a problem
4/28/2023	Listed for sale	$305,000+10.9%$198/sqft
Source: SWMLS #1033443 Report a problem
7/20/2022	Sold	--
Source: SWMLS #1016934 Report a problem
6/19/2022	Pending sale	$275,000$179/sqft
Source: SWMLS #1016934 Report a problem
6/17/2022	Listed for sale	$275,000+41%$179/sqft
Source: SWMLS #1016934 Report a problem
7/24/2020	Sold	--
Source: SWMLS #969426 Report a problem
6/6/2020	Pending sale	$195,000$127/sqft
Source: Absolute Real Estate #969426 Report a problem
6/2/2020	Listed for sale	$195,000$127/sqft
Source: Absolute Real Estate #969426 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,545 -1.8%	$101,580 +1.4%
2024	$3,611 +3%	$100,204 +3.3%
2023	$3,507 +37.1%	$96,960 +38.6%
2022	$2,558 +0.8%	$69,980 +3%
2021	$2,539 +53.9%	$67,943 +48.1%
2020	$1,650 +3.1%	$45,862 +3%
2019	$1,600 +6.3%	$44,526
2018	$1,505 -3.8%	$44,526 +3%
2017	$1,564	$43,229 +3%
2016	$1,564 +2.1%	$41,970
2014	$1,532	$41,970 +5%
2013	$1,532	$39,970 -68.3%
2011	--	$125,910