For sale

Price cut: $31.1K (8/3)

$399,900

2240 Montevine Ct SE, Rio Rancho, NM 87124

4beds

1,988sqft

$2,595/mo

Get pre-qualified

Single Family Residence

Built in 2007

5,227 Square Feet Lot

$396,700 Zestimate^®

$201/sqft

$13/mo HOA

What's special

Cozy gas log fireplaceModern updatesBrand-new carpet throughoutSpacious eat-in kitchenGenerous bedroomsVersatile floor planStainless steel appliances

Price Drop makes this home below Market! Buyer's will have instant Equity! Welcome to this beautiful 4-bedroom, 3-bath home located in the highly desirable Cabezon neighborhood. Designed for both comfort and functionality, this home features brand-new carpet throughout and a spacious eat-in kitchen with stainless steel appliances, perfect for everyday living and entertaining. The inviting living area is centered around a cozy gas log fireplace, creating a warm and welcoming atmosphere.With a versatile floor plan and generous bedrooms this home offers plenty of space for family, guests, or a home office. Enjoy the convenience of nearby parks, walking trails, schools, shopping, and easy access to major commuter routes. Combining modern updates with a sought-after location, this move-in-ready home is one you won't want to miss!

41 days
811
46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Primary bedroom

Level: Main
Area: 176
Dimensions: 16 x 11

Kitchen

Level: Main
Area: 216
Dimensions: 24 x 9

Living room

Level: Main
Area: 306
Dimensions: 18 x 17

Heating

Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s), Family/Dining Room, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Main Level Primary, Pantry, Separate Shower, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Sliding
Has basement: No
Number of fireplaces: 1
Fireplace features: Gas Log

Interior area

Total structure area: 1,988
Total interior livable area: 1,988 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Finished Garage, Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Sprinkler/Irrigation
Fencing: Full

Lot

Size: 5,227 Square Feet
Features: Landscaped, Planned Unit Development

Details

Parcel number: 1011067506388
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Rock
Foundation: Slab
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 2007

Details

Builder name: Centex

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Rancho Oro Rancho Plata Unit 2

HOA

Has HOA: Yes
Services included: Common Areas
HOA fee: $150 annually

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $201/sqft
Tax assessed value: $186,015
Annual tax amount: $2,587
Date on market: 7/18/2026
Cumulative days on market: 42 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$396,700

$377,000 - $417,000

$2,387/mo

Price history

Date	Event	Price
8/3/2026	Price change	$399,900-7.2%$201/sqft
Source: SWMLS #1107538 Report a problem
8/1/2026	Price change	$431,000-1.1%$217/sqft
Source: SWMLS #1107538 Report a problem
7/18/2026	Listed for sale	$436,000$219/sqft
Source: SWMLS #1107538 Report a problem
3/1/2018	Listing removed	$1,425$1/sqft
Source: Kellogg Agency Inc - Property # 466511 Report a problem
2/26/2018	Price change	$1,425-3.4%$1/sqft
Source: Kellogg Agency Inc - Property # 466511 Report a problem
2/12/2018	Listed for rent	$1,475$1/sqft
Source: Kellogg Agency Inc - Property # 466511 Report a problem
9/5/2012	Listing removed	$1,475$1/sqft
Source: Kellogg Agency, Inc. Report a problem
8/22/2012	Price change	$1,475-1.3%$1/sqft
Source: Kellogg Agency, Inc. Report a problem
8/8/2012	Listed for rent	$1,495$1/sqft
Source: Kellogg Agency, Inc. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,508 +8.7%	$62,005 +3%
2024	$2,306 +2.5%	$60,199 +3%
2023	$2,250 +2.1%	$58,446 +3%
2022	$2,204 +0.4%	$56,744 +3%
2021	$2,196	$55,091
2020	$2,196 +22.9%	$55,091 +3%
2019	$1,786 -9.7%	$53,487 +3%
2018	$1,978 -5.7%	$51,929 +3%
2017	$2,097	$50,417
2016	$2,097 +2.2%	$50,417
2014	$2,052	$50,417 -32.3%
2013	$2,052	$74,449 -69.2%
2011	--	$241,347