NOT LISTED FOR SALE

10 Paseo Del Luz de Noches Corrales, NM 87048

Estimated Value: $1,125,000 - $1,664,105

4 Beds
3.5 Baths
3,393 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 03, 2021

Current estimated payment $10,146/month

Highlights

  • Private Pool
  • Gated Community
  • Private Yard
  • Corrales Elementary School Rated A-
  • Outdoor Fireplace
  • Home Office

About This Home

As of December 2021

This property is in the last stages of construction, FOR SALE and ready for its first owner. Cabinets, doors, counters, surrounds and swimming pool are all currently in process, with an estimated completion of home to be in 8 weeks. This property is loaded with timeless amenities that include cherry-stained cabinets in slab front style, 42x48 porcelain tile flooring, solid wood interior 8ft doors, California Closets, Commercial grade Dacor Appliances, classic Calcutta polished with waterfall edged, and outdoor kitchen and fireplace, NUVO audio system, LED lighting, and epoxied garages to name a few! The acre is fully and professionally landscaped with walls, circle driveway, swimming pool and spa. 4 bedrooms +study, 2 full bathrooms, 3/4 bathroom and a private powder bath for guests

Last Agent to Sell the Property

Marlene Vance

AdVance Realty License #17721 Listed on: 09/29/2021

Last Buyer's Agent

Misty Bishop

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,191

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • West Facing Home
  • Private Entrance
  • Landscaped
  • Private Yard

HOA Fees

  • $1,980 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Home Under Construction
  • Frame Construction
  • Synthetic Stucco Exterior

Interior Spaces

  • 3,393 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Home Office
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Schools

  • Corrales Elementary School
  • Taylor Middle School
  • Cibola High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1017069141059

Community Details

Overview

  • Association fees include common areas
  • Built by RayLee Luxury Homes
  • Rio Compuesto Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,191

Lot Details

0

HOA Fees

$1,980 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Alameda to Corrales Rd. Follow Corrales Rd (about the 6500 block) to the Rio Compuesto Community located on the east side of Corrales Rd. Turn right on Paseo De Luz De Noche and follow to 10. NOT PULLING UP ON GOOGLE MAPS... FOLLOW DIRECTIONS
  • Listing Contract Date: 2021-09-28
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Rio Compuesto
  • Garage Yn: Yes
  • Unit Levels: One
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: <1
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Dual Sinks, Home Office, Kitchen Island, Main Level Master, Pantry, Skylights, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Private Spa: Yes
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Custom, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3393.0
  • Window Features: Low Emissivity Windows, Vinyl, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Hot Tub/Spa, Outdoor Grill, Private Entrance, Privacy Wall, Private Yard
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: RayLee Luxury Homes
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Under Construction

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Combination, Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1980.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Corrales
  • High School: Cibola
  • Middle Or Junior School: Taylor

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1017069141059
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2190.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 11, 2021
Sold by
Tjt Group Ltd
Bought by
Lovato Kenneth and Lovato Jamie
Seller's Agent
Marlene Vance
AdVance Realty
Buyer's Agent
Misty Bishop
Realty One of New Mexico
List Price
$1,569,000
Current Estimated Value
$1,447,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.63%
Original Mortgage
$1,050,000
Outstanding Balance
$969,434
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$339,062

Purchase Details

Closed on
Apr 8, 2019
Sold by
Eight Gradys Family Llc
Bought by
Eight Gradys Family Llc and Tjt Group Lyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2018
Sold by
Tucker Sherrie L
Bought by
Eight Gradys Family Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lovato Kenneth -- Fidelity National Ttl Ins Co
Tjt Group Ltd -- Fidelity National Title
Eight Gradys Family Llc -- None Available
Eight Gradys Family Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovato Kenneth $1,050,000
Previous Owner Eight Gradys Family Llc $750,000
Previous Owner Eight Gradys Family Llc $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold -- -- --
09/29/2021 09/29/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $1,569,000 -- $462 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,891 $296,402 $84,735 $211,667
2023 $2,891 $287,769 $84,735 $203,034
2022 $2,891 $290,747 $76,843 $213,904
2021 $2,225 $47,352 $47,352 $0
2020 $2,191 $47,352 $0 $0
2019 $2,149 $47,352 $0 $0
2018 $2,145 $47,352 $0 $0
2017 $2,038 $47,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1001941

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-069-141-059