Four plex in great location. All 4 units are 2 bedroom 1 bath. Potential for income producing investment. Converted to Refridgerated air 2022, all furnaces were replaced in 2022, TPO roof 2019, all tiled, each unit has a car port nice views of the Sandias. Currently 1 unit vacant for viewing, the 3 others are on Month to Month. Nice size lot. Mintues to Southern and Unser close to shopping, Plenty of parking. Nice size corner lot. Come check this out. Do not bother tenants.
Sold
Price Unknown
301 Geraldine Loop SE, Rio Rancho, NM 87124
8beds
4baths
3,176sqft
Quadruplex, Multi Family
Built in 1978
-- sqft lot
$586,400 Zestimate®
$--/sqft
$1,224 Estimated rent
Home value
$586,400
$551,000 - $622,000
$1,224/mo
Zestimate® history
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List your homeWhat's special
Car portNice size lot
Zillow last checked:
Listing updated:
Listed by:
Mary Jane Martinez 505-907-7038,
Signature Real Estate
Bought with:
Karla J Castro, 48303
The M Real Estate Group
Source: SWMLS,MLS#: 1058150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Dryer, Free-Standing Electric Range, Refrigerator, Range Hood, Washer
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 3,176
- Total interior livable area: 3,176 sqft
Property
Parking
- Total spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting
Lot
- Size: 0.34 Acres
Details
- Has additional parcels: Yes
- Parcel number: 1011069280183
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $528,373
- Annual tax amount: $3,092
- Date on market: 3/4/2024
- Cumulative days on market: 1 day
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2024 | Sold | -- |
Source:  SWMLS #1058150 Report a problem | ||
| 3/6/2024 | Pending sale | $545,000$172/sqft |
Source: SWMLS #1058150 Report a problem | ||
| 3/5/2024 | Listed for sale | $545,000$172/sqft |
Source: SWMLS #1058150 Report a problem | ||
| 7/31/2019 | Sold | -- |
Source: SWMLS #947939 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,146 +93.6% | $176,125 +100% |
| 2024 | $3,174 +2.6% | $88,077 +3% |
| 2023 | $3,093 -1.1% | $85,511 |
| 2022 | $3,126 -2.2% | $85,511 |
| 2021 | $3,195 +3% | $85,511 +3% |
| 2020 | $3,102 +44.1% | $83,021 +45.1% |
| 2019 | $2,152 +9.5% | $57,204 +3% |
| 2018 | $1,965 -4.1% | $55,538 +3% |
| 2017 | $2,049 | $53,921 +3% |
| 2016 | $2,049 +2.1% | $52,350 +3% |
| 2014 | $2,007 | $50,825 |
| 2013 | $2,007 | $50,825 -66.7% |
| 2011 | -- | $152,477 |
Find assessor info on the county website
Neighborhood: Solar Village/Mid-Unser
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Nearby schools
GreatSchools rating
- 7/10Maggie Cordova Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$586,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$586,400
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- Solar Village/Mid-Unser
- 301 Geraldine Loop SE
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