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Sold
    • Price Unknown

    4016 Palacio Real Ave NW, Albuquerque, NM 87120

    3beds
    1,858sqft
    Single Family Residence
    Built in 2005
    6,534 Square Feet Lot
    $389,000 Zestimate®
    $--/sqft
    $2,480 Estimated rent

    Home value

    $389,000

    $358,000 - $420,000

    $2,480/mo

    Zestimate® history
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    What's special

    Custom gas fireplacePrep islandOwned solarNew flooringSpacious kitchenNew stuccoPrivate primary suite
    Welcome Home to this Gorgeous semi-custom Raylee home in the desirable Rio Oeste neighborhood! This beautifully updated 1,858 sq ft home offers 3 bedrooms and 2 full baths, including a convenient step-in tub. A stunning rotunda entry with skylight welcomes you inside, where custom wall cutouts lead to a cozy living room with raised ceilings and a custom gas fireplace. The spacious kitchen features ample cabinetry, solid surface countertops, prep island, pantry, tile flooring, recessed lighting, and range. Relax in the private primary suite with dual sinks, garden tub, walk-in shower, and large walk-in closet. Recent upgrades include owned solar, new paint, new flooring, new stucco, and a newer roof. Enjoy breathtaking mountain views from the covered patio! Schedule your tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Buchman Group 505-554-4173,

    Real Broker, LLC

    Bought with:

    K2 Omni Group, 50525, 20817

    EXP Realty, LLC

    Alfred M Griego, 20064

    EXP Realty, LLC

    Source: SWMLS,MLS#: 1105421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 253.68
    • Dimensions: 16.8 x 15.1
    Bedroom 2
    • Level: Main
    • Area: 113.22
    • Dimensions: 11.1 x 10.2
    Bedroom 3
    • Level: Main
    • Area: 133.56
    • Dimensions: 12.6 x 10.6
    Kitchen
    • Level: Main
    • Area: 205.2
    • Dimensions: 15.2 x 13.5
    Living room
    • Level: Main
    • Area: 264.69
    • Dimensions: 17.3 x 15.3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Refrigerated
    Appliances
    • Included: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Bar, Breakfast Area, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Main Level Primary, Water Closet(s), Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Windows: Double Pane Windows, Insulated Windows
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Glass Doors, Gas Log
    Interior area
    • Total structure area: 1,858
    • Total interior livable area: 1,858 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Finished Garage, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Private Yard
    • Has private pool: Yes
    • Fencing: Back Yard,Wall
    • Has view: Yes
    Lot
    • Size: 6,534 Square Feet
    • Features: Views
    Details
    • Additional structures: None
    • Parcel number: 101206233143110145
    • Zoning description: R-1B*

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish/Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Frame, Synthetic Stucco
    • Foundation: Slab
    Condition
    • Resale
    • New construction: No
    • Year built: 2005
    Details
    • Builder name: Raylee Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: Solar

    Community & HOA

    Community
    • Subdivision: Plat For Rio Oeste Subdivision
    HOA
    • Has HOA: Yes
    • Services included: Common Areas
    • HOA fee: $280 annually
    Location
    • Region: Albuquerque

    Financial & listing details

    • Tax assessed value: $332,592
    • Annual tax amount: $4,599
    • Date on market: 6/12/2026
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    7/31/2026Sold--
    Source: SWMLS #1105421 Report a problem
    6/26/2026Pending sale$398,000$214/sqft
    Source: SWMLS #1105421 Report a problem
    6/12/2026Listed for sale$398,000+9%$214/sqft
    Source: SWMLS #1105421 Report a problem
    5/20/2025Sold--
    Source: SWMLS #1081995 Report a problem
    4/19/2025Pending sale$365,000$196/sqft
    Source: SWMLS #1081995 Report a problem
    4/14/2025Listed for sale$365,000+40.4%$196/sqft
    Source: SWMLS #1081995 Report a problem
    2/21/2018Sold--
    Source: SWMLS #905688 Report a problem
    1/25/2018Pending sale$259,900$140/sqft
    Source: Albuquerque Westside #905688 Report a problem
    12/6/2017Price change$259,900-1.9%$140/sqft
    Source: Albuquerque Westside #905688 Report a problem
    11/9/2017Price change$265,000-1.8%$143/sqft
    Source: Coldwell Banker Legacy #891972 Report a problem
    8/25/2017Price change$269,900-3.6%$145/sqft
    Source: Coldwell Banker Legacy #891972 Report a problem
    5/19/2017Price change$279,9000%$151/sqft
    Source: Coldwell Banker Legacy #891972 Report a problem
    2/4/2017Price change$280,000-3.4%$151/sqft
    Source: Trujillo Real Estate #878920 Report a problem
    11/5/2016Listed for sale$290,000$156/sqft
    Source: Trujillo Real Estate #878920 Report a problem
    8/9/2007Sold--
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,599 +3.2%$110,853 +3%
    2024$4,456 +1.8%$107,625 +3%
    2023$4,380 +3.5%$104,491 +3%
    2022$4,230 +125.4%$101,448 +3%
    2021$1,877 -53.3%$98,492 +3%
    2020$4,016 $95,623
    2019-- $95,623
    2018$11,151 +213%$95,623 +14.3%
    2017$3,562 -68.6%$83,626 +6.1%
    2016$11,359 -85.7%$78,825 -0.5%
    2015$79,192 +798.8%$79,192 +2.8%
    2014$8,811 $77,044 +3%
    2013$8,811 $74,801 +3%
    2012-- $72,622 +3%
    2011-- $70,508 +3%
    2010-- $68,461 -16.8%
    2009-- $82,293
    2008-- $82,293 +31.3%
    2007-- $62,652 +3%
    2006-- $60,827
    Find assessor info on the county website

    Neighborhood: Taylor Ranch

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Chamiza
    • Middle: Lyndon B Johnson
    • High: Volcano Vista

    Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $389,000
    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
    $389,000

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