Description

793 Knoll Street Los Lunas NM 87031 Land For Sale Rio Del Oro – Las Lunas, Valencia County, New Mexico – LENDER LIQUIDATION

793 Knoll Street Los Lunas NM 87031

Property Listing Date: 2012-05-22T03:09:59.000Z
Price: $1.00
Land Sellers Location: 85255
Grab-it Now Price: $0.00
Land Auction Link: This content is for members only.
Land Ad Description: PLEASE ONLY BID IF YOU TRULY INTEND TO CLOSE Thanks for your interest. Rio Del Oro Valencia County, New Mexico THREE (3) DAY AUCTION Affordable lot – for investment – for your future We offer for sale this single family detached land parcel located in the masive planned master community known as Rio Del Oro. This is your chance to take advantage of the real estate market and buy land for pennies of the dollar. Here is the plat map for Section 24, the parcel is located off of Quartz Street (upper left on the map.) We will mail you a copyof the plat map and a legible map of your property along with your deed and closing papers. “Buy land where the path exists…..where there is no path buy more land and create your own” – David Waronker .26 acres 793 Knoll Street Los Lunas, NM 87031 This lot is in Unit 24, in the western edge of the the section, just east of the proposed collector road, Piasono Blvd, and just South of Rio Del Oro Drive. The lot is about 11,275 sq feet, with approximately 80 feet of frontage on Knoll Street and 136 feet of depth. This lot is located on the east side two lots from the end of the cul de sac of Knoll, just west of Windel Loop and off of the northern end of Paisano Blvd. The specific parcel being offered is Unit 24, Block 70, Lot 3 which is approximately .26 acres. The lot is owned by “CBD of Rio Del Oro LLC” and you can research size street address, GIS mapping and all related information on this parcel on the Valencia County New Mexico Assessor Website. All parcels and related in formation including other lots owned by CBD of Rio Del Oro LLC, Aristotle LLC and Land Ho Inc can be researched on this site. Taxes are less than $12 per year and Annual Dues are just about $30 This is a single family detached lot in the sprawling Rio Del Oro subdivision in Valencia County, New Mexico Here we own over 444 lots and have sold hundreds of others over the past seven years. These lots are located within the community facilities district and although they are currently undeveloped, there are plans to bring all utilities to the property by 2013. (Please contact the Valley Improvement District for further details.) This is a VERY simple purchase, a great asset, affordable, beautiful a lot and location where you will want to invest TODAY!. Please visualize beyond this section of Rio Del Oro, your investment is between the existing homes and the mountains! Due to our large inventory of lots, we are offering all of our lots including this parcel ABSOLUTE with bids starting at just $1 The total price shall be your high winning bid plus our nominal $399 closing fee The closing fee pays our expenses, document preparation, recording fees, and express mail charges. So, if your winning bid is just $100, the total price shall be just $499 If you bid $1 and win, the price will be just $400. If you do NOT think the parcel is worth at least $400 total, then please do not bid. Like what you see and want to contact us to make an offer? BUY NOW? Contact us and make a direct reasonable offer or just bid. Note that if you are interested in purchasing more than one parcel, perhaps an adjoining parcel or parcels, please contact us for bulk pricing. We will be reasonable and consider any reasonable proposal. Please contact us through the message center of at desertmountainland Rio Del Oro is located in Valencia County, New Mexico, approximately 24 miles south of Albuquerque. Developed in the early 1970’s by New Mexico based Horizon Development, the sprawling project sits on over 47,000 acres along with commercial and industrial land, was engineered and platted for over 86,000 single and multi family home sites. As for cross the Rio Grande River, the property adjoins Belen to the west, and is South of Los Lunas, the County seat of Valencia County. The property spans across mostly flat desert land, leading up to the breathtaking Manzano Mountain Range to the east. There are 66 total “Units” (sections) of Rio Del Oro, and all are accessed via the Rio Communities Parkway, the Manzano Expressway, of the 24 miles hard surfaced Rio Del Oro Loop. Here is a view from the Manzano Expressway looking out from the existing homes east towards the Manzano Mountain Range. Notice the large water storage tank. Horizon Development mass marketed the lots to residents of major cities such as New York, Washington DC, Philadelphia, Boston, Chicago, Detroit, and the expensive west coast areas such as San Francisco and Los Angeles. All lots were sold at prices starting at $800 to $6000. Eventually the community was sold out. Many people today call Rio Del Oro home. Others retain ownership to vacant land being held for investment. Many lots have traded hands multiple times. The development is managed by the “Valley Improvement District” who charges each land owner an average of $30 per year. Taxes for the lots average less than $10 per year. These are inexpensive fees for an area which hopes to realize price appreciation as one would expect from a real estate for future investment. THE OFFERED PARCEL IS IN UNIT 24 There are several major developed and built residential units in the Rio Del Oro community, including beautiful Las Maravillas, Pasitos del Cielo, and Rio Grande Estates. There are over 600 homes in Las Maravillas, 350 in Pasitos del Cielo, and about 1000 other homes throughout the community. The community also boasts a southern campus of the University of New Mexico where there are over 2000 full time college students, a new elementary and high school, many different denominations of houses of worship, shopping, restaurants, and other service industries all call Rio Del Oro home. Belen is where most of the major shopping is located, and boast a Wal-Mart, home building companies, auto servicing stations, car dealerships, and many other businesses along its busy Main Street. Residents of Rio Del Oro have their mailing address Los Lunas and are part of the area code 87031. Los Lunas, to the north of Rio Del Oro, is home to all the County offices, hotels, shopping, restaurants, retail outlets, fast food and other national restaurant chains, new car dealerships, Home Depot, Wal-Mart, Lowes, and many other national big box retailers. All are an eight minute drive from Rio Del Oro. Interstate 25 is the major north-south highway and make commuting to downtown Albuquerque no more than an 35 minute drive. From Hwy 25, take exit #195 towards Belen, head four miles to Rt 309 heading east and in two miles you are in Rio Del Oro. Once in the community, head to the Manzano Expressway, heading down the paved road and if you do not pass the Unit where your parcel is located, continue east of the expressway approximately eight miles and take either the North or South Rio Del Oro Lop Road. You will pass your specific Unit which is clearly noted on the enclosed map. All land parcels in Rio Del Oro are platted and recorded. Many of the lots are not yet developed, but it is anticipated in the future the necessary infrastructure will be expanded to your particular unit. Please review the enclosed property report to identify more specifics about the community and your particular lot. We find the Rio Del Oro development to be a unique opportunity to buy land for future investment. Buy now while the prices are low Area Shopping and Entertainment Here are a few of the many retailers located just six miles from Rio Del Oro. Located off of the Los Lunas exit of Interstate 25, here you will find fast food to four star restaurants, auto servicing centers ,regional and national grocery stores, Wal-Mart, Home Depot, Lowes, car dealerships, multi tenant strip shopping centers and other national big box retailers. There is also entertainment, taverns, hotels and a multiples moview theater You can find all of your shopping needs just minutes from your property. Here is the main shopping district off of Los Lunas exit of Interstate 25. (See Rio Del Oro to the southeast of this photo, before the Manzano Mountain Range) Here is a photos of the Valencia County Municipal Building, located just five minutes from the entrance to Rio Del Oro. The planned hospital will be in Unit 64 which is great for the subdivision. Get in on the ground floor!!! Rio Del Oro hosts the Valenci Campus of the University of New Mexico. 2000 fulltime college students attend this campus. There is also a new middle and regional high school located centrally off of N Rio Del Oro Loop. Both schools await continued development of Rio Del Oro This 1/4 acre lot is located 25 miles from Albuquerque, NM and 65 from Santa Fe. It’s a much desired over sized Cul-De-Sac parcel at the end of a cul-de-sac. Get in on the ground floor! NO TIME LIMIT TO BUILD!!! You can pass this investment down to your kids!!! As the homes come closer to this unit the prices will continue to grow! The hospital in Rio Del Oro has been approved and plans are that it should be open in the near future!!! Land values will increase after that opens. The train from Albuquerque to Belen is already up and running! Get in on the ground floor! This is an up and coming area where land values will only increase!!! Invest today! House sales are down but Land sales are up while investors are scooping up land for the next Real Estate boom while they can buy low! The subdivision of Rio Del Oro (RDO) provides a great opportunity to own investment property just 25 miles south of Albuquerque, in scenic central New Mexico. Already a suburb of Albuquerque, this subdivision has explosive growth and development potential. RDO is professionally managed by the Valley Improvement Association (wonderful people who believe in this development). They have put together Strategic Development Plan. A few years ago developers purchased over 600 acres in what was then units 46, 55 & 57 of RDO, consolidated and re-plated the lots and successfully completed two subdivisions; Las Maravillas and Pasitos del Cielo. proving market demand. This auction is for a lot in unit RIO DEL ORO. Due to this demand, an additional subdivision is currently being developed in Unit 19. Here is a photo of the University of New Mexico Campus located righ in Rio Del Oro! Check out the map of New Mexico and see how Rio Del Oro, in Valencia County, are centrally located: Homes sell for approximately $115,000 in these areas. We believe this lot provides an excellent short to long-term investment in an area that has all of the conveniences of an urban development but located in a private and rural like setting. The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. Located in the Cibola National Forest, the Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. A short distance from the subdivision, you’ll find a golf course and just off the interstate is the entrance to the Senator Willie M. Chavez State Park. Nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center); Senior Center, shopping centers, churches, hospital, library, gas stations, grocery stores the Tierra Del Sol Country Club and Golf Course, the University of New Mexico Valencia Campus, and the Resort and Casino in Isleta located about 25 miles from the property. With an elevation of 5,060 feet, the climate couldn’t be better. The winters and summers are mild with summer temperatures in the 70’s and 80’s and mild winter highs in the 40’s and 50’s. Clear skies and lots of sunshine make this an attractive investment property. There are about 350 sunny days annually which lends itself well for future development. Rio Del Oro is a very large under-developed community. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor. There are scattered subdivisions throughout this area and there are other areas of no development. There are many nice homes in the already developed areas. This area is rapidly growing in value and popularity. Valencia County’s population has grown an unbelievable 46% in the last 10 years alone, with many new homes in the area. The City of Belen has a population of 6,900 and the “Rio Communities” have another 5,800. Other RDO lots in the same area have listed or sold $3,500 – $7,000 or more. New Home Construction in ongoing at Rio Del Oro……you will not be alone, Rio Del Oro is in the path of Progress: For a price comparison, you can view a list of other sellers properties at: (We have sold many lots in this area and we have many repeat buyers so we know if we offer land inexpensive you will be back and pass it onto your friends) Copy and paste the link below for Google Maps for an Aerial View of the Rio Del Oro Subdivision (not the lot) TIME LIMIT TO BUILD: None GPS:34.716263,-106.560568 AREA: Flat to rolling with beautiful views. SIZE: 0.26 Acres LEGAL DESCRIPTION: Unit 24, Block 79, Lot 3 Rio del Oro Subdivision STATE: New Mexico. COUNTY: Valencia County. City: Los Lunas General Location: 25 miles south east of Albuquerque. Near County offices, shopping, Wal-Mart, Home Depot, Lowes, many other national retailers DRIVING DIRECTIONS: From Albuquerque travel south on Interstate 25 to Belen (Exit 191, approximately 35 miles south of Albuquerque). Travel east on State Route 548 (Camino Del Llano Road/Sosimo Pidaloa) towards Belen for approximately .93 of a mile. At this point, there is an intersection with State Route 314 (Main Street). Turn left onto State Route 314 and head north through downtown Belen for approximately .56 of a mile. At this point, there is an intersection with State Route 309 (Reinken Avenue). Turn right onto State Route 309 and head east for approximately 2.42 miles (you will cross the Rio Grande River). At this point, there is an intersection with State Route 47/6. Continue east through the intersection to River Road/Manzano Expressway and you are within the Rio Del Oro Development. See all related maps for details below. Head East from the Manzano Expressway on either North or South Rio Del Oro Loop and head to the mountains……that is also the location where all the future development will occur: SPECIAL NOTE: These directions are being provided to you as an aid in helping you find the general area in which the property is located, not the exact location of the lot. The directions have been derived from several sources of information that may have included an actual site visit on our part. Other aids such as a plat, area or B.L.M. maps may be required to find this property. GENERAL ELEVATION: 5,300 feet. Information about our company and closing instructions. Please read this prior to making your bid. ZONING: Residential. POWER: In the subdivision but not to the lot line. PHONE: In the subdivision but not to the lot line. Most cell phone signals are strong due to proximity to the freeway. WATER: In the subdivision but not to the lot line. SEWER: In the subdivision but not to the lot line. SPECIAL NOTE: Power, phone, water and sewer currently serve the development primarily in units 46, 55, 57 and exist in whole or part in units 47 through 64. Current local and state environmental regulations do not allow wells or septic systems to be installed on lots of this size. We believe that this property is best suited for short to long-term investment rather than residence. For details please click here. ROADS: Well maintained dirt roads in the subdivision around “the loop.” Roads are not currently maintained to the lot lines. PROPERTY TAX: About $12.00/year. TIME LIMIT TO BUILD: None ASSOCIATION DUES: About $30.00 per year. Valley Improvement Association (VIA has an office at the entrance of Rio Del Oro subdivision) TYPE OF TERRAIN: Flat to rolling with beautiful views. County PLEASE DO NOT BID UNLESS YOU INTEND TO CLOSE Roads: Dirt, platted. Manzanno Expressway is paved to Rio Del Oro Loops North and South. The rest at this stage are dirt roads, or platted, including subject property address Power: Electric to development not yet to lot Water: City Water to development not yet to lot Sewer: To development not yet to lot Address: 793 Knoll Los Lunas 87031 (NOTE: Physical address is not verified, but is used by our company to identify the particular parcel. Today there would be no mail service, all mail would be delivered to a Los Lunas PO Box to be set up by land owner. The property is in Rio Del Oro, which uses a Los Lunas 87031 mailing address.) Taxes: $12 per year for 2011. Please call Valencia County to assure taxes are current, buyer responsible for any back taxes. HOA Dues: The Improvement District charges approximately $30 per lot per year and are current to February 1, 2012 Buyer will be responsible for the nominal dues owed – if any – after this date. Deed Type: Warranty Deed or similar quality as mandated by New Mexico YOU ARE BIDDING ON THE FULL PRICE OF THIS PROPERTY (NOT PAYMENTS). The total purchase price of this property is the winning bid plus a standard $399.00 documentation fee. Documentation Fee covers all document creation and recording in the county offices as well as cost incurred researching properties. *IMPORTANT – ALL INFORMATION WE HAVE ON THIS PROPERTY IS IN THE LISTING. FOR ADDITIONAL INFORMATION PLEASE CONTACT THE COUNTY OFFICES AT THANK YOU* Please Read Terms of Sale: (Following are the steps required to complete this transaction) 1. If you are the winning bidder, please contact us within twelve hours of close of auction to confirm your winning bid. You will be required to make full payment (Winning bid + $399 documentation fee) within 48 hours after the auction. We cannot accept Pay Pal, due to PayPals recent change of policy which prohibits billing and invoicing for the sale of real property. We encourage our buyers to arrange for a wire or direct deposit to our Bank of American Business Account. We also accept cashier checks, money orders, and other forms of guaranteed payment.. 2. NAME ON DEED. Once the property is paid in full, we will prepare a Warranty Deed or acceptable high quality deed in the State of New Mexico to officially transfer ownership of the property purchased to you. This is information you will need to provide to us for the recording of the deed. Name Address City, Postal Code Country If you would like to make any changes to how the deed will read, for instance to have the deed in a corporation’s name, a family member or friend, let us know. It is completely up to you who you want to be on the deed. Please confirm with us how you would like the deed to read via email. We will mail and/or email to you a copy of the Special Warranty we send in to be recorded. The original will be mailed to be recorded at the County Clerk’s office. The county will send you the original stamped recorded deed usually within 4 – 6 weeks once they receive it. SELLER DOES WARRANT THAT: A) Title to each parcel is marketable title. B) Purchaser will be responsible for any back taxes AS SELLER, WE DO NOT WARRANT, AND WE ASSUME NO LIABILITY FOR ANY OF THE FOLLOWING: A) Encumbrances which are identifiable via a physical inspection of the property. B) Utilities or lack thereof. Contact the City or County Building Department for information on utilities. C) Mineral rights or lack thereof. D) Location and size of the property. Sizes advertised are approximate. E) Assessments and/or bonds for utilities or homeowner’s association due/fees. F) Zoning or building codes. Contact the City or County Building Department. G) Access. Seller makes no representation or guarantee regarding physical and/or legal access. PLEASE NOTE: Bidders are required to perform all due diligence prior to bidding. All sales are final. Please bid if you would like to follow through with the sale. If you are the winning bidder and do not follow through with the sale; per policy, a Non Performing Bidder will be reported to . Non Performing Bidder will be suspended from and will be reported to our Collection Agency. DISCLAIMER: All information contained here is to the best of our knowledge. The seller offers these assets for sale in “AS IS” CONDITION at the time of sale. Bidders are required to perform all due diligence prior to bidding. FREQUENTLY ASKED QUESTIONS: Q. Do you have pictures of this property? A. Any pictures we have of the property are posted in the auction listing. Most listings include pictures from the surrounding area, but when we do conduct a site visit pictures of the actual property are labeled. Q. How do I get to this property? A. Most of our listings include GPS coordinates and Aerial Maps showing the specific location of the properties. In some cases we do not have the exact coordinates. If the listing is missing an aerial map or GPS coordinates it is necessary for you to contact the county offices for detailed directions. Q. Who owns this property? A. We own everything we sell. We are not real estate brokers or agents. Q. Should I look at the property prior to bidding? A. Yes, we have not seen some of our properties and it is your responsibility to make sure that this particular property suits your needs. Q. When do I get my deed to the property? A. Once we receive payment we process your deed through our office. Within 2 weeks you will receive a copy of the signed and notarized deed. The original is sent to the county clerk’s office for recording. Once the document is recorded the county mails you the stamped/recorded deed. Depending on the county this can take 3-6 weeks. Q. If I have a question not answered in the listing, who do I need to speak to? A. We have provided as much information as we have on the property. What we know about the property is in the listing. Questions on zoning, building restrictions, property address, location, driving directions, etc. can be answered by speaking with the County Offices. The contact information for the county can be found in the listing. Please note that we purchase properties specifically for resale. In some cases we have not made a site visit. Nearly all of the information we know about our properties is included in the listings. The majority of the research we complete on our properties is conducted from our offices in Scottsdale, Arizona and Celebration, Florida and in cooperation with county offices. Your bid is a LEGAL CONTRACT to purchase per auction terms, and an acknowledgement that you have completed ALL due diligence BEFORE you bid. If you are the winning bidder, please contact seller within 12 hours of auction close to make closing arrangements. Thanks for your interest in this property. Good Luck! 6

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