Open: Sun 0am-2pm
For salePrice cut: $4K (10/15)
$272,000
2beds
1,022sqft
148 Pearl Dr NE, Rio Rancho, NM 87124
2beds
1,022sqft
Single Family Residence
Built in 1986
5,662 Square Feet Lot
$268,900 Zestimate®
$266/sqft
What's special
Well appointed bedroomsInviting living spaces
This inviting Rio Rancho home offers a comfortable blend of functionality, style, and everyday living. The thoughtfully designed floor plan provides inviting living spaces, well appointed bedrooms, and plenty of room to relax or entertain. Enjoy the convenience of an established neighborhood with easy access to shopping, dining, schools, parks, and major roadways. Whether you're looking for your first home, a place to put down roots, or an investment opportunity, this property is ready to welcome its next owner.
- 20 days
- 948
- 85
Likely to sell faster than
Source: SWMLS,MLS#: 1111923
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Medina Real Estate Inc 505-375-2062,
Keller Williams Realty 505-375-2062
Source: SWMLS,MLS#: 1111923
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 152.32
- Dimensions: 11.2 x 13.6
Kitchen
- Level: Main
- Area: 188.16
- Dimensions: 12.8 x 14.7
Living room
- Level: Main
- Area: 246.16
- Dimensions: 13.6 x 18.1
Heating
- Central, Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Range Hood, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Main Level Primary
- Flooring: Tile, Vinyl
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,022
- Total interior livable area: 1,022 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Courtyard
- Fencing: Gate
Lot
- Size: 5,662 Square Feet
- Features: Landscaped
Details
- Parcel number: 1014069378496
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Permanent
- Roof: Pitched
Condition
- Resale
- New construction: No
- Year built: 1986
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Security Gate
- Subdivision: Vista Hills 1
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $132,387
- Annual tax amount: $1,590
- Date on market: 10/3/2026
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Price change | $272,000-1.4%$266/sqft |
Source:  SWMLS #1111923 Report a problem | ||
| 10/3/2026 | Listed for sale | $276,000-37.3%$270/sqft |
Source: SWMLS #1111923 Report a problem | ||
| 5/15/2017 | Sold | -- |
Source: SWMLS #885948 Report a problem | ||
| 7/15/2013 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/10/2013 | Price change | $439,900-1.5%$430/sqft |
Source: Coldwell Banker Legacy #757443 Report a problem | ||
| 5/2/2013 | Price change | $446,750-2.9%$437/sqft |
Source: Coldwell Banker Legacy #757443 Report a problem | ||
| 4/25/2013 | Listed for sale | $459,900$450/sqft |
Source: Coldwell Banker Legacy #757443 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,540 -0.3% | $44,129 +3% |
| 2024 | $1,544 +2.6% | $42,844 +3% |
| 2023 | $1,504 +1.9% | $41,597 +3% |
| 2022 | $1,476 +0.8% | $40,385 +3% |
| 2021 | $1,465 +3% | $39,209 +3% |
| 2020 | $1,422 +2.3% | $38,067 +3% |
| 2019 | $1,390 +6.3% | $36,958 |
| 2018 | $1,308 +14.1% | $36,958 +27.3% |
| 2017 | $1,146 | $29,035 -0.9% |
| 2016 | $1,146 +5.1% | $29,291 +3% |
| 2014 | $1,090 | $28,439 +10.7% |
| 2013 | $1,090 | $25,694 -64.6% |
| 2011 | -- | $72,495 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,575/mo
Principal & interest
$1403
Property taxes
$172
More affordability tools
Estimated market value
$268,900
$255,000 - $282,000
$1,741/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: Vista Hills
Nearby schools
Ernest Stapleton Elementary School
Grades K-5 • 2 miles7/10
GreatSchools® Rating
Test Score Rating
9/10Student Progress Rating
6/10Rio Rancho Middle School
Grades 6-8 • 1.8 miles7/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
6/10Rio Rancho High School
Grades 9-12 • 1.5 miles7/10
GreatSchools® Rating
College Readiness Rating
9/10Student Progress Rating
6/10