Skip main navigation
Pending
    • $398,000

    4016 Palacio Real Ave NW, Albuquerque, NM 87120

    3beds
    1,858sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 2005
    6,534 Square Feet Lot
    $397,000 Zestimate®
    $214/sqft
    $23/mo HOA

    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!
    34 days
    |
    1,064
    |
    40
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    The Buchman Group 505-554-4173,

    Real Broker, LLC 505-750-1003,

    Susan L Buchman 505-554-4173,

    Real Broker, 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

      • Price per square foot: $214/sqft
      • Tax assessed value: $332,592
      • Annual tax amount: $4,599
      • Date on market: 6/12/2026
      • Cumulative days on market: 34 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt, Paved

        Estimated market value

        $397,000

        $377,000 - $417,000

        $2,314/mo

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Taylor Ranch

        Getting around

        53 / 100
        Somewhat Walkable
        29 / 100
        Some Transit
        68 / 100
        Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby neighborhoods

            Nearby zip codes

            Other Albuquerque Topics

              Search
              Updates
              Favorites
              Plan
              Inbox