New Price Adjustment! Check out this Beautifully Refreshed Home! Featuring 3 Bedrooms, 2 Baths and a Huge Bonus Room! Enjoy the Wood-Burning Fireplace and Kitchen with Beautiful Granite Countertops and Lots of Storage Space! New Carpet in All Bedrooms and Tile Throughout Create a Bright and Clean Feel! You'll also get a Fully Landscaped Front Yard and Private Backyard Designed for Relaxing and Entertaining! With it's Recent Updates, a Versatile Layout, and Inviting Atmosphere, this Home is Move-in Ready!
For sale
Price cut: $26K (3/26)
$389,000
331 Nicklaus Dr SE, Rio Rancho, NM 87124
3beds
2,115sqft
Est.:
Single Family Residence
Built in 1988
10,018.8 Square Feet Lot
$407,500 Zestimate®
$184/sqft
$-- HOA
What's special
Wood-burning fireplaceHuge bonus roomVersatile layoutLots of storage spaceInviting atmosphereFully landscaped front yard
- 28 days |
- 1,316 |
- 54 |
Zillow last checked: 7 hours ago
Listing updated: 23 hours ago
Listed by:
Roxanne Vialpando 505-610-4771,
Capital Real Estate Group 505-615-8888
Source: SWMLS,MLS#: 1098960
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 145.36
- Dimensions: 12.83 x 11.33
Kitchen
- Level: Main
- Area: 146.1
- Dimensions: 11.17 x 13.08
Living room
- Level: Main
- Area: 292.97
- Dimensions: 16.58 x 17.67
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Family/Dining Room, Living/Dining Room, Multiple Living Areas, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,115
- Total interior livable area: 2,115 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Privacy Wall, Private Yard
- Fencing: Wall
Lot
- Size: 10,018.8 Square Feet
- Features: Landscaped, Planned Unit Development
- Residential vegetation: Grassed
Details
- Parcel number: 1012069280238
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Brick Veneer, Frame, Stucco, Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1988
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Panorama Heights North 2
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $265,313
- Annual tax amount: $3,187
- Date on market: 2/27/2026
- Cumulative days on market: 27 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$407,500
$387,000 - $428,000
$2,197/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Price change | $389,000-6.3%$184/sqft |
Source:  SWMLS #1098960 Report a problem | ||
| 2/27/2026 | Listed for sale | $415,000+66%$196/sqft |
Source: SWMLS #1098960 Report a problem | ||
| 2/9/2021 | Sold | -- |
Source: SWMLS #975927 Report a problem | ||
| 1/1/2021 | Pending sale | $250,000$118/sqft |
Source: SWMLS #975927 Report a problem | ||
| 12/4/2020 | Listed for sale | $250,000$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/22/2020 | Pending sale | $250,000$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/17/2020 | Price change | $250,000-2.3%$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/5/2020 | Price change | $255,900-1.2%$121/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 8/29/2020 | Listed for sale | $259,000$122/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,086 -0.3% | $88,437 +3% |
| 2024 | $3,094 +2.6% | $85,862 +3% |
| 2023 | $3,015 +1.9% | $83,361 +3% |
| 2022 | $2,958 +64.5% | $80,933 +68.2% |
| 2021 | $1,798 +3% | $48,120 +3% |
| 2020 | $1,746 +3.8% | $46,718 |
| 2019 | $1,682 -12.8% | $46,718 -17.3% |
| 2018 | $1,929 +24.8% | $56,511 +36.2% |
| 2017 | $1,545 | $41,491 |
| 2016 | $1,545 +2.1% | $41,491 |
| 2014 | $1,514 | $41,491 +5.1% |
| 2013 | $1,514 | $39,491 -68.3% |
| 2011 | -- | $124,472 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,204/mo
Principal & interest
$1958
Property taxes
$246
More affordability tools
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 4/10Martin King Jr Elementary SchoolGrades: K-5Distance: 1.3 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Martin L King Jr
- Middle: Lincoln
- High: Rio Rancho
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 87124
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 331 Nicklaus Dr SE
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