Welcome to a beautifully updated 4-bedroom, 1.5 bathroom home situated on a spacious half-acre lot in Rio Rancho. This stunning property features a remodeled kitchen and bathrooms with modern finishes, a brand-new roof (installed 12/24) for long-term durability, and a newly upgraded refrigerated air system (installed 02/25) to keep you comfortable year-round. The expansive lot offers endless possibilities for outdoor living, entertaining, or even RV parking. Move-in ready and thoughtfully updated, this home is a perfect blend of style, comfort, and space. Don't miss out--schedule your showing today!
Sold
Price Unknown
581 Bahama Dr SE, Rio Rancho, NM 87124
4beds
1,631sqft
Single Family Residence
Built in 1983
0.51 Acres Lot
$355,600 Zestimate®
$--/sqft
$2,197 Estimated rent
Home value
$355,600
$324,000 - $391,000
$2,197/mo
Zestimate® history
Owner options
List your home for rent
$2,197/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,197/mo
Rent Zestimate®
Refinance and save
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Rv parkingSpacious half-acre lotModern finishesBrand-new roofRemodeled kitchen
Zillow last checked:
Listing updated:
Listed by:
Elizabeth A Saldana 505-440-1987,
The Lovely Home Company
Bought with:
Cody Reed Bratton, REC20230230
The M Real Estate Group
Source: SWMLS,MLS#: 1080537
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 161.88
- Dimensions: 11.4 x 14.2
Kitchen
- Level: Main
- Area: 205.9
- Dimensions: 14.5 x 14.2
Living room
- Level: Main
- Area: 139.15
- Dimensions: 12.1 x 11.5
Heating
- Central, Ductless, Forced Air
Cooling
- Ductless
Appliances
- Included: Free-Standing Electric Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet, Laminate, Tile
- Windows: Metal
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,631
- Total interior livable area: 1,631 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard
- Fencing: Wall
Lot
- Size: 0.51 Acres
Details
- Additional structures: Shed(s)
- Parcel number: R111714
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Frame, Wood Siding
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1983
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
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $253,468
- Annual tax amount: $2,910
- Date on market: 3/21/2025
- Cumulative days on market: 46 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2025 | Sold | -- |
Source:  SWMLS #1080537 Report a problem | ||
| 5/6/2025 | Pending sale | $355,000$218/sqft |
Source: SWMLS #1080537 Report a problem | ||
| 4/25/2025 | Price change | $355,000-2.7%$218/sqft |
Source: SWMLS #1080537 Report a problem | ||
| 4/17/2025 | Price change | $365,000-2.7%$224/sqft |
Source: SWMLS #1080537 Report a problem | ||
| 4/10/2025 | Price change | $375,000-6%$230/sqft |
Source: SWMLS #1080537 Report a problem | ||
| 3/21/2025 | Listed for sale | $399,000+110.4%$245/sqft |
Source: SWMLS #1080537 Report a problem | ||
| 12/16/2022 | Sold | -- |
Source: SWMLS #1024705 Report a problem | ||
| 10/24/2022 | Pending sale | $189,595$116/sqft |
Source: SWMLS #1024705 Report a problem | ||
| 10/21/2022 | Listed for sale | $189,595$116/sqft |
Source: SWMLS #1024705 Report a problem | ||
| 5/13/2020 | Listing removed | $1,100$1/sqft |
Source: AMMRE Real Estate, Inc. Report a problem | ||
| 4/3/2020 | Listed for rent | $1,100$1/sqft |
Source: AMMRE Real Estate, Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,948 -0.3% | $84,489 +3% |
| 2024 | $2,956 +2.6% | $82,029 +3% |
| 2023 | $2,880 +110.9% | $79,640 +113.1% |
| 2022 | $1,366 +0.8% | $37,371 +3% |
| 2021 | $1,356 +3% | $36,282 +3% |
| 2020 | $1,316 +2.3% | $35,226 +3% |
| 2019 | $1,287 +6.3% | $34,200 |
| 2018 | $1,210 -4.1% | $34,200 +3% |
| 2017 | $1,262 | $33,204 +3% |
| 2016 | $1,262 +2.1% | $32,237 |
| 2014 | $1,236 | $32,237 |
| 2013 | $1,236 | $32,237 |
Find assessor info on the county website
Neighborhood: 87124
Nearby homes
- $325,6003 bd2 ba1.8k sqft587 Bahama Dr SE, Rio Rancho, NM 87124Off Market
- $278,3003 bd1 ba1.3k sqft577 Bahama Dr SE, Rio Rancho, NM 87124Off Market
- $284,6003 bd2 ba1.6k sqft595 Arkansas St SE, Rio Rancho, NM 87124Off Market
- $--2 bd2 ba890 sqft615 Arkansas St SE, Rio Rancho, NM 87124Sold
- $301,3003 bd2 ba1.4k sqft628 Baltic Ave SE, Rio Rancho, NM 87124Off Market
- $264,2002 bd2 ba922 sqft630 Baltic Ave SE, Rio Rancho, NM 87124Off Market
- $298,2003 bd2 ba1.2k sqft579 Arkansas St SE, Rio Rancho, NM 87124Off Market
- $274,8003 bd2 ba1.1k sqft626 Baltic Ave SE, Rio Rancho, NM 87124Off Market
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.3 mi
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
$355,600
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
$355,600
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 581 Bahama Dr SE
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Rio Rancho Topics
