BOUGHT WITH REDFIN MAR 17, 2017

Last listed at $308,000, closed on mar 2017

$588,330

•

3,249

sq ft

500 5th St NE, Rio Rancho, NM 87124

About this home

Panoramic views of the Sandia Mountains! This beautiful 3 bdrm/2.5 ba truly has it all! This home boasts over 3,000' sqft of living area with soaring ceiling heights & an open floor plan providing amazing light throughout. The kitchen is large with tons of cabinet space & beautiful granite counters, eat-in breakfast bar, all with spectacular views. All bedrooms are larger than average but this home features an oversized master suite complete with jacuzzi tub, separate shower, large walk-in closet & its own private balcony! Second floor also offers an additional living room/game room for the kids as well as an upstairs laundry room for overall convenience. Ground floor has office/possible 4th bedroom!

Single-familyProperty Type

2007Year Built

0.5 acresLot Size

$181Est. Price/Sq.Ft.

3 car garageParking

Listed by Margaret Parnell • Realty One of New Mexico

Bought with Michael Estrada • Redfin Corporation

Redfin checked: 4 minutes ago

•Source:Southwest MLS #879755

Redfin Estimate

$588,330

$280K over list price of $308K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 34.9% higher than the average sale price ($436K) of 6 comparable homes.

SOLD JUN 10, 2026
$419,900
A
3 beds2.5 baths1,703 sq ft
705 6th St NE, Rio Rancho, NM 87124
SOLD MAY 6, 2026
$394,900
B
3 beds2 baths1,726 sq ft
501 5th St NE, Rio Rancho, NM 87124
SOLD JUL 21, 2026
$412,000
C
3 beds2 baths1,843 sq ft
417 6th St NE, Rio Rancho, NM 87124
SOLD OCT 15, 2026
$489,900
D
4 beds2.5 baths3,178 sq ft
857 Loma Pinon Loop NE, Rio Rancho, NM 87144
SOLD DEC 23, 2025
$400,000
E
3 beds2.5 baths2,360 sq ft
620 9th St NE, Rio Rancho, NM 87124
SOLD MAR 26, 2026
$500,000
F
4 beds2.5 baths2,479 sq ft
724 4th St NE, Rio Rancho, NM 87124

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$552,475

Est. take-home

List your home with Redfin and save $5,883

Rent

$2,547/mo

Redfin rental estimate

List your home for rent

Market trends in 87124, NM

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.5%

0.2% MoM

Median sale price

$374K

$7K MoM

Avg. days on market

38d

1 days MoM

Recently sold homes

259

5 MoM

New listings for sale

NEW 13 HRS AGO
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NEW 29 HRS AGO
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NEW 29 HRS AGO
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208 2nd St SE, Rio Rancho, NM 87124
OPEN TODAY, 11AM TO 1PM
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6 beds4 baths3,082 sq ft
625 Palo Alto Dr NE, Rio Rancho, NM 87124
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4 beds2 baths2,010 sq ft
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3 beds2 baths1,566 sq ft
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OPEN TODAY, 12PM TO 2PM
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4 beds3.5 baths2,705 sq ft
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3D WALKTHROUGH
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See all

Provided by Redfin

Sale history for 500 5th St NE

Date

Event

Price

Public Records

Apr 22, 2024

Sold

—

Public Records

Mar 17, 2017

Sold

—

Southwest MLS #879755

Mar 20, 2017

Delisted

—

Mar 17, 2017

Sold

Feb 2, 2017

Pending

—

Jan 6, 2017

Price Changed

$308,000

$95/sq ft

Dec 12, 2016

Price Changed

$309,000

$95/sq ft

Nov 19, 2016

Listed

$310,000

$95/sq ft

Public Records

Feb 11, 2016

Sold

—

Southwest MLS #855762

Feb 10, 2016

Sold

Dec 28, 2015

Delisted

—

Dec 23, 2015

Listed

$300,000

$92/sq ft

+49

This elegant two-story home is light-filled and full of architectural details. The staircase overlooks the formal dining area with large south-facing windows. The mountain views from the master suite, kitchen nook, den and backyard are always a sight to see! The bedrooms are upstairs but downstairs is another room that can be a bedroom or an office. The kitchen has a large granite bar/island. It's open to the family room so the chef isn't isolated from family and guests. Upstairs, be prepared to be amazed by the huge master suite that includes another area for an office, a spacious walk-in closet and a private balcony. The loft provides another living area. Conveniently located upstairs is the laundry room. The garage has space for 3 cars (tandem) or 2 cars and large shop. RV hookup/parking

Southwest MLS #1

Oct 31, 2015

Price Changed

$300,000

$92/sq ft

Sep 24, 2015

Price Changed

$305,000

$94/sq ft

Sep 9, 2015

Price Changed

$315,000

$97/sq ft

Sep 9, 2015

Price Changed

$305,000

$94/sq ft

Public Records

Jul 15, 2011

Sold

—

Southwest MLS #698744

Jul 12, 2011

Sold

Year

Property tax

Land + Additions

Assessment*

2025

$6,210 (+53.7%)

$27,333 + $150,633

$177,966

2024

$4,040 (+2.6%)

$27,333 + $150,633

$177,966

2023

$3,936 (+1.9%)

$18,078 + $94,030

$112,108

2022

$3,862 (+2.0%)

$17,027 + $88,645

$105,672

2021

$3,788 (+1.8%)

$17,027 + $88,645

$105,672

2020

$3,722 (+2.3%)

$16,339 + $86,256

$102,595

2019

$3,638 (+6.3%)

$12,150 + $84,556

$96,706

2018

$3,421

$12,150 + $84,556

$96,706

2017

$3,418 (+5.5%)

$12,150 + $85,700

$97,850

2016

$3,241 (+2.1%)

$12,150 + $85,700

$97,850

2015

$3,175 (+1.3%)

$15,450 + $67,388

$82,838

2014

$3,133

$15,450 + $67,388

$82,838

Tax history for 500 5th St NE

Year

Property tax

Land + Additions

Assessment*

2025

$6,210 (+53.7%)

$27,333 + $150,633

$177,966

2024

$4,040 (+2.6%)

$27,333 + $150,633

$177,966

2023

$3,936 (+1.9%)

$18,078 + $94,030

$112,108

2022

$3,862 (+2.0%)

$17,027 + $88,645

$105,672

2021

$3,788 (+1.8%)

$17,027 + $88,645

$105,672

2020

$3,722 (+2.3%)

$16,339 + $86,256

$102,595

2019

$3,638 (+6.3%)

$12,150 + $84,556

$96,706

2018

$3,421

$12,150 + $84,556

$96,706

2017

$3,418 (+5.5%)

$12,150 + $85,700

$97,850

2016

$3,241 (+2.1%)

$12,150 + $85,700

$97,850

2015

$3,175 (+1.3%)

$15,450 + $67,388

$82,838

2014

$3,133

$15,450 + $67,388

$82,838

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

2.5

Stories

—

Lot width

—

Lot depth

—

Lot size

21,780

Year renovated

—

Sq. Ft.

3,249

Year built

2007

Style

Single Family Residential

County

Sandoval County

APN

R059010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jan 29, 2025.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 3

Parking
Features: Attached, Finished Garage, Garage, Oversized, RV Access/Parking

Interior

Bedroom Information
# of Bedrooms Possible: 4

Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1

Room Information
Room Types: Dining Room

Room 1 Information
Office

Room 2 Information
Kitchen
Area: 190.0
Length: 19.0
Width: 10.0

Room 3 Information
Bedroom 4

Room 4 Information
Bedroom 3
Area: 132.0
Length: 12.0
Width: 11.0

Room 5 Information
Bedroom 2
Area: 140.0
Length: 14.0
Width: 10.0

Room 6 Information
Level: Upper
Area: 450.0
Length: 30.0
Width: 15.0

Room 7 Information
Family Room
Area: 168.0
Length: 14.0
Width: 12.0

Room 8 Information
Dining Room
Area: 195.0
Length: 15.0
Width: 13.0

Room 9 Information
Living Room
Area: 378.0
Length: 21.0
Width: 18.0

Laundry Information
Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Features: Custom, Gas Log

Equipment
Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer

Interior Features
Window Features: Double Pane Windows, Insulated Windows
Flooring: Carpet, Tile
Other Features: Breakfast Bar, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Dual Sinks, Great Room, Garden Tub/Roman Tub, High Speed Internet, Home Office, Kitchen Island, Multiple Living Areas, Separate Shower, Walk-In Closet(s)

Exterior

Building Information
Stories: 2
Roof Details: Flat, Pitched, Tile
Construction Details: Frame, Stucco
Builder Name: Wallen

Exterior Features
Exterior Features: Balcony, Courtyard, Private Yard, RV Hookup
Patio And Porch Features: Balcony, Covered, Open, Patio
Fencing: Wall

Lot Information
Lot Size Acres: 0.5
Lot Dimensions Source: Public Records
Lot Size Source: Public Records
Lot Features: Lawn, Landscaped, Views
Road Frontage Type: Public Road
Zoning Description: R-1

Property Information
Has View
Direction Faces: West

Financial

Tax Information
Annual Tax Amount: $3,175.60

Utilities

Utility Information
Sewer: Septic Tank
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Multi Units, Refrigerated
Has Heating
Heating: Central, Forced Air, Multiple Heating Units, Natural Gas

Public facts

Beds: 3
Baths: 2.5
Sq. Ft.: 3,249
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 2007
Year Renovated: —
County: Sandoval County
APN: R059010
HOA Dues: —
Garage: —
Features: —

Home facts updated by owner on Jan 29, 2025

Around this home

Schools

K - 12
Preschool & daycare

Puesta Del Sol Elementary School

Public K-5 • Assigned • 1.9mi

5/10

Eagle Ridge Middle School

Public 6-8 • Assigned • 2.6mi

7/10

Rio Rancho High School

Public 9-12 • Assigned • 3.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 94° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Rio Rancho, NM • 87124

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.8 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.

11.8 hrs

7.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$559,000 – $677,000

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New listings for sale in 87124

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Home values near 500 5th St NE

Data from public records.

Address	Redfin Estimate
501 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1726 Sq. Ft.	$392,691
517 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 2327 Sq. Ft.	$411,274
409 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 2352 Sq. Ft.	$446,117
512 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1999 Sq. Ft.	$447,386
404 5th Street Northeast, Rio Rancho, NM 4 Beds \| 3 Baths \| 2889 Sq. Ft.	$704,349

Address	Redfin Estimate
413 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1859 Sq. Ft.	$406,055
513 5th Street Northeast, Rio Rancho, NM 4 Beds \| 2.5 Baths \| 2539 Sq. Ft.	$462,190
421 5th Street Northeast, Rio Rancho, NM 4 Beds \| 2.5 Baths \| 2435 Sq. Ft.	$449,595
417 5th Street Northeast, Rio Rancho, NM 4 Beds \| 3 Baths \| 2377 Sq. Ft.	$544,667
421 6th Street Northeast, Rio Rancho, NM 4 Beds \| 2.5 Baths \| 2410 Sq. Ft.	$453,401

Address	Redfin Estimate
508 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 2290 Sq. Ft.	$491,712
509 5th Street Northeast, Rio Rancho, NM 3 Beds \| 2.5 Baths \| 2354 Sq. Ft.	$448,415
505 5th Street Northeast, Rio Rancho, NM 4 Beds \| 2.5 Baths \| 3315 Sq. Ft.	$543,113
412 5th Street Northeast, Rio Rancho, NM 4 Beds \| 2.5 Baths \| 2732 Sq. Ft.	$739,762
501 6th Street Northeast, Rio Rancho, NM 3 Beds \| 2 Baths \| 1851 Sq. Ft.	$467,330

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About this home

Redfin Estimate

Earn from this home

Market trends in 87124, NM

Sale history for 500 5th St NE

Tax history for 500 5th St NE

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 87124

Home values near 500 5th St NE

More real estate resources