Great investment property that needs some repairs to become a great rental investment, resale or home for the construction savvy purchaser. Main water leak at meter... no running water currently (assumed polybutelene defect) and seller's lender has filed preliminary paperwork for foreclosure suit which is normally several months out so there is plenty of time to scoop this great opportunity for way under $200k! Property also has two good size sheds. A great opportunity to put some renovation upgrades into this house and turn it into the pride of the neighborhood!
Sold on 02/12/24
Price Unknown
99 Corsica Dr SE, Rio Rancho, NM 87124
3beds
1,280sqft
Single Family Residence
Built in 1984
8,712 Square Feet Lot
$309,200 Zestimate®
$--/sqft
$1,919 Estimated rent
Home value
$309,200
$288,000 - $328,000
$1,919/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2024 at 04:53pm
Listed by:
Arthur Miller 505-503-0520,
Realty One of New Mexico
Bought with:
Arun Mehra, 17162
Red Rock Realty & Invest of NM
Source: SWMLS,MLS#: 1055770
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Kitchen
- Level: Main
- Area: 165
- Dimensions: 11 x 15
Living room
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Heating
- Central, Forced Air, Natural Gas, Wood Stove
Cooling
- Evaporative Cooling
Appliances
- Laundry: Other
Features
- Main Level Primary
- Flooring: Carpet, Tile
- Windows: Single Pane
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 1,280
- Total interior livable area: 1,280 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance, Private Yard
- Fencing: Wall
Lot
- Size: 8,712 sqft
Details
- Parcel number: R083613
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Other
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1984
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Other, See Remarks
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available
Green energy
- Energy generation: None
Community & neighborhood
Location
- Region: Rio Rancho
- Subdivision: Cedar Hills
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 4/23/2024 | Listed for rent | $1,950$2/sqft |
Source: Zillow Rentals | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 3/20/2024 | Listed for rent | $1,950$2/sqft |
Source: Zillow Rentals | ||
| 2/12/2024 | Sold | -- |
Source:  SWMLS #1055770 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,317 +163% | $95,049 +157% |
| 2024 | $1,261 +2.8% | $36,987 +3% |
| 2023 | $1,226 +2.1% | $35,910 +3% |
Find assessor info on the county website
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 4 mi
Get a cash offer in 3 minutes
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Estimated market value
$309,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$309,200