For salePrice cut: $10K (7/31)
$389,000
4beds
1,951sqft
514 Villa Verde Dr SE, Rio Rancho, NM 87124
4beds
1,951sqft
Single family residence
Built in 1973
0.25 Acres
2 Attached garage spaces
$199 price/sqft
What's special
Beautifully remodeled modern masterpieceSleek finishesFlooded with natural lightDual closetsGenerous walk-in closetBrand-new vinyl windows
Welcome home to this beautifully remodeled, modern masterpiece perfectly situated in the clean, quiet, established Corrales Heights neighborhood. Spanning an impressive 1,951 square feet, this home boasts a highly desirable and rare split-primary floorplan featuring 4 spacious bedrooms (2 primary bedrooms) and 3 beautifully updated bathrooms. The first primary suite features ...
- 49 days |
- 1,326 |
- 95 |
Likely to sell faster than
Source: SWMLS,MLS#: 1105528
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Listed by:
Premier Realty Partners 505-550-8331,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1105528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 186
- Dimensions: 12 x 15.5
Bedroom 2
- Level: Main
- Area: 145.18
- Dimensions: 12.2 x 11.9
Bedroom 3
- Level: Main
- Area: 136.85
- Dimensions: 11.5 x 11.9
Bedroom 4
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Dining room
- Level: Main
- Area: 170.5
- Dimensions: 11 x 15.5
Kitchen
- Level: Main
- Area: 193.75
- Dimensions: 12.5 x 15.5
Living room
- Level: Main
- Area: 328.6
- Dimensions: 21.2 x 15.5
Heating
- Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Disposal, Microwave
- Laundry: Gas Dryer Hookup
Features
- Breakfast Area, Ceiling Fan(s), Kitchen Island, Main Level Primary, Multiple Primary Suites, Tub Shower, Walk-In Closet(s)
- Flooring: Carpet Free, Vinyl
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,951
- Total interior livable area: 1,951 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Door-Multi, Finished Garage, Garage, Two Car Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Privacy Wall
Lot
- Size: 0.25 Acres
- Features: Landscaped, Few Trees
Details
- Additional structures: Shed(s), Storage
- Parcel number: 1014069467010
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Corrales Heights
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $104,835
- Annual tax amount: $1,259
- Date on market: 6/15/2026
- Cumulative days on market: 73 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $389,000-2.5%$199/sqft |
Source:  SWMLS #1105528 Report a problem | ||
| 7/16/2026 | Price change | $399,000-1.5%$205/sqft |
Source: SWMLS #1105528 Report a problem | ||
| 7/8/2026 | Price change | $405,000-2.4%$208/sqft |
Source: SWMLS #1105528 Report a problem | ||
| 7/1/2026 | Price change | $415,000-1.2%$213/sqft |
Source: SWMLS #1105528 Report a problem | ||
| 6/25/2026 | Price change | $420,000-1.2%$215/sqft |
Source: SWMLS #1105528 Report a problem | ||
| 6/15/2026 | Listed for sale | $425,000$218/sqft |
Source: SWMLS #1105528 Report a problem | ||
| 6/3/2026 | Listing removed | $425,000$218/sqft |
Source: SWMLS #1101203 Report a problem | ||
| 5/11/2026 | Price change | $425,000-10.5%$218/sqft |
Source: SWMLS #1101203 Report a problem | ||
| 4/9/2026 | Pending sale | $475,000$243/sqft |
Source: SWMLS #1101203 Report a problem | ||
| 4/7/2026 | Listed for sale | $475,000$243/sqft |
Source: SWMLS #1101203 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,219 -0.3% | $34,945 +3% |
| 2024 | $1,223 +2.6% | $33,928 +3% |
| 2023 | $1,191 +8.7% | $32,939 +3% |
| 2022 | $1,096 -2.2% | $31,980 |
| 2021 | $1,120 | $31,980 |
| 2020 | $1,120 -0.7% | $31,980 |
| 2019 | $1,128 +6.3% | $31,980 -2.9% |
| 2018 | $1,061 -9.6% | $32,939 +3% |
| 2017 | $1,173 | $31,980 |
| 2016 | $1,173 -1.1% | $31,980 -2.9% |
| 2014 | $1,186 | $32,939 +9.9% |
| 2013 | $1,186 | $29,980 -68.8% |
| 2011 | -- | $95,940 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,252/mo
Principal & interest
$2006
Property taxes
$246
Estimated market value
$387,000
$368,000 - $406,000
$2,343/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 87124
Nearby schools
Rio Rancho Elementary School
Grades K-5 • 0.3 miles5/10
GreatSchools® Rating
Test Score Rating
4/10Student Progress Rating
5/10Rio Rancho Middle School
Grades 6-8 • 2.7 miles7/10
GreatSchools® Rating
Test Score Rating
8/10Student Progress Rating
6/10Rio Rancho High School
Grades 9-12 • 1.9 miles7/10
GreatSchools® Rating
College Readiness Rating
9/10Student Progress Rating
6/10