Pending

Price cut: $16K (9/11)

$284,000

616 Valley Meadows Dr NE, Rio Rancho, NM 87144

3beds

1,274sqft

$1,975/mo

Get pre-qualified

Single Family Residence

Built in 2002

5,227 Square Feet Lot

$-- Zestimate^®

$223/sqft

$64/mo HOA

What's special

Storm doorEat-in kitchenWalk-in closetCeiling fansAttractive landscaped backyardPad and carpetBreakfast bar

$5,000 CREDIT offered towards buyer closing costs (with at list price offer). Buyer can use this credit towards their down payment and or closing costs with lender's approval or use it to convert to refrigerated air - Buyer's choice! Move-in condition with recent updates throughout that include roof, stucco, water heater, paint, 4000 psi concrete driveway and walkway, pad and carpet, storm door, and professional cleaning - an investment of over $40,000! This wonderful, bright and inviting home includes a walk-in closet, ceiling fans, pantry, breakfast bar, eat-in kitchen, and an attractive landscaped backyard where you can relax and enjoy value, comfort and peace of mind knowing many major improvements have been completed.

87 days
763
77

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 132
Dimensions: 12 x 11

Kitchen

Level: Main
Area: 168
Dimensions: 14 x 12

Living room

Level: Main
Area: 210
Dimensions: 15 x 14

Heating

Central, Forced Air

Cooling

Evaporative Cooling

Appliances

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

Features

Ceiling Fan(s), Main Level Primary, Pantry, Tub Shower, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Gas Log

Interior area

Total structure area: 1,274
Total interior livable area: 1,274 sqft

Property

Parking

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

Features

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

Lot

Size: 5,227 Square Feet
Features: Lawn, Landscaped

Details

Parcel number: 1010073061327
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Stucco, Rock
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 2002

Utilities & green energy

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

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Northern Meadows 10

HOA

Has HOA: Yes
HOA fee: $64 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $137,655
Annual tax amount: $1,653
Date on market: 6/18/2026
Cumulative days on market: 87 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/14/2026	Pending sale	$284,000$223/sqft
Source: SWMLS #1105762 Report a problem
9/11/2026	Price change	$284,000-5.3%$223/sqft
Source: SWMLS #1105762 Report a problem
7/29/2026	Price change	$299,999-3.2%$235/sqft
Source: SWMLS #1105762 Report a problem
7/19/2026	Price change	$310,000-1.6%$243/sqft
Source: SWMLS #1105762 Report a problem
6/18/2026	Listed for sale	$315,000$247/sqft
Source: SWMLS #1105762 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,601 -0.3%	$45,885 +3%
2024	$1,606 +2.6%	$44,548 +3%
2023	$1,564 +1.9%	$43,251 +3%
2022	$1,535 +0.8%	$41,992 +3%
2021	$1,523 +3%	$40,769 +3%
2020	$1,479 +2.3%	$39,581 +3%
2019	$1,446 +9.5%	$38,429 +3%
2018	$1,320 -6.9%	$37,310 +3%
2017	$1,417	$36,223
2016	$1,417 +5.1%	$36,223 +3%
2014	$1,348	$35,168
2013	$1,348	$35,168 -66.7%
2011	--	$105,504