Pending

Price cut: $30K (7/16)

$320,000

3525 Elder Meadows Dr NE, Rio Rancho, NM 87144

5beds

2,278sqft

$2,172/mo

Get pre-qualified

Single Family Residence

Built in 2004

5,227 Square Feet Lot

$319,800 Zestimate^®

$140/sqft

$40/mo HOA

What's special

New windows installed

Spacious 2 story open floor plan with 2,278 sq ft, 5 bedrooms, 2.5 baths, and a loft. All bedrooms are upstairs for added privacy. Kitchen includes stainless steel appliances. New windows installed November 2025. Backyard is a blank canvas, HOA covers front yard landscaping.

172 days
1,259
119

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Second
Area: 201.96
Dimensions: 15.3 x 13.2

Kitchen

Level: Main
Area: 164.45
Dimensions: 14.3 x 11.5

Living room

Level: Main
Area: 239.4
Dimensions: 18 x 13.3

Heating

Central, Forced Air

Cooling

Refrigerated

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Range Hood, Washer
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Flooring: Carpet, Vinyl
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,278
Total interior livable area: 2,278 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Covered, Patio

Lot

Size: 5,227 Square Feet
Features: Landscaped

Details

Parcel number: 1010073240337
Zoning description: R-1
Special conditions: Short Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stucco
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 2004

Details

Builder name: Vantage

Utilities & green energy

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

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Northern Meadows 8

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $40 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $321,192
Annual tax amount: $3,858
Date on market: 3/26/2026
Cumulative days on market: 172 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$319,800

$304,000 - $336,000

$2,232/mo

Price history

Date	Event	Price
9/12/2026	Pending sale	$320,000$140/sqft
Source: SWMLS #1100528 Report a problem
7/16/2026	Price change	$320,000-8.6%$140/sqft
Source: SWMLS #1100528 Report a problem
6/26/2026	Price change	$350,000-2.8%$154/sqft
Source: SWMLS #1100528 Report a problem
3/26/2026	Listed for sale	$360,000-1.4%$158/sqft
Source: SWMLS #1100528 Report a problem
9/16/2024	Sold	--
Source: SWMLS #1067512 Report a problem
8/19/2024	Pending sale	$365,000$160/sqft
Source: SWMLS #1067512 Report a problem
8/3/2024	Listed for sale	$365,000+94.7%$160/sqft
Source: SWMLS #1067512 Report a problem
7/9/2024	Sold	--
Source: Public Record Report a problem
12/7/2018	Sold	--
Source: SWMLS #219009_924697 Report a problem
11/1/2018	Pending sale	$187,500$82/sqft
Source: Coldwell Banker Legacy #924697 Report a problem
9/8/2018	Price change	$187,500-0.8%$82/sqft
Source: Coldwell Banker Legacy #924697 Report a problem
7/29/2018	Listed for sale	$189,000$83/sqft
Source: Coldwell Banker Legacy #924697 Report a problem
5/1/2012	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,317 +45.4%	$107,064 +69.1%
2024	$2,281 +2.6%	$63,301 +3%
2023	$2,223 +1.9%	$61,457 +3%
2022	$2,181 +0.8%	$59,667 +3%
2021	$2,164 +3%	$57,930 +3%
2020	$2,101 +2.3%	$56,243 +3%
2019	$2,054 +15.3%	$54,605 +8.4%
2018	$1,782 -4.1%	$50,358 +3%
2017	$1,858	$48,892 +3%
2016	$1,858 -3.4%	$47,468 -5.4%
2014	$1,923	$50,165
2013	$1,923	$50,165