For sale

$350,000

481 Rio Chama Cir SW, Los Lunas, NM 87031

2beds

1,625sqft

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Single Family Residence

Built in 2021

6,534 Square Feet Lot

$343,700 Zestimate^®

$215/sqft

$220/mo HOA

What's special

Bright and invitingOpen layoutWell-appointed kitchenLow-maintenance backyardAbundant natural light

Welcome to easy, elevated living in this beautifully maintained 2-bedroom, 2-bath home offering 1,625 square feet of comfort and style in the gated 55+ community of Jubilee. Designed with an open layout, this home feels bright and inviting, with abundant natural light highlighting the blend of tile and carpet flooring throughout. The spacious living and dining areas flow seamlessly, creating an ideal setting for both relaxing and entertaining. The well-appointed kitchen opens to the main living space, keeping everything connected and functional. Generous storage options are found throughout the home, along with an additional private storage area conveniently located on the patio. Step outside to a low-maintenance backyard--perfect for enjoying the outdoors without the upkeep.

52 days

90

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Heating

Central, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Main Level Primary
Flooring: Carpet, Tile
Windows: Thermal Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,625
Total interior livable area: 1,625 sqft

Property

Parking

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

Features

Levels: One
Stories: 1
Exterior features: Private Yard
Pool features: Community
Fencing: Wall

Lot

Size: 6,534 Square Feet

Details

Parcel number: 1006039391204
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame
Roof: Tile

Condition

Resale
New construction: No
Year built: 2021

Utilities & green energy

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

Green energy

Energy generation: None

Community & HOA

Community

Features: Gated
Senior community: Yes
Subdivision: Jubilee Subdivision Phase 2E

HOA

Has HOA: Yes
Services included: Clubhouse, Common Areas, Pool(s), Road Maintenance, Security
HOA fee: $220 monthly

Location

Region: Los Lunas

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $315,273
Annual tax amount: $4,495
Date on market: 5/5/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$343,700

$327,000 - $361,000

$2,088/mo

Price history

Date	Event	Price
5/5/2026	Listed for sale	$350,000+11.1%$215/sqft
Source: SWMLS #1102891 Report a problem
1/25/2024	Sold	--
Source: SWMLS #1032783 Report a problem
12/22/2023	Pending sale	$315,000$194/sqft
Source: SWMLS #1032783 Report a problem
9/28/2023	Price change	$315,000-6%$194/sqft
Source: SWMLS #1032783 Report a problem
4/17/2023	Listed for sale	$335,000$206/sqft
Source: SWMLS #1032783 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,480 +3.7%	$105,091 +3%
2023	$3,356 -2.3%	$102,031 -1.1%
2022	$3,436	$103,114

Find assessor info on the county website

Monthly payment

Est. payment

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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.

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