NOT LISTED FOR SALE

1023 Cottonwood Dr NW Albuquerque, NM 87107

Estimated Value: $2,030,000 - $2,978,720

5 Beds
4.5 Baths
6,080 Sq Ft
$434/Sq Ft Est. Value

Last Sold July 12, 2024

Current estimated payment $15,783/month

117 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Gated Community
  • Second Garage
  • Custom Home
  • 1.08 Acre Lot

About This Home

As of July 2024

Experience unparalleled luxury in this exquisite Los Ranchos residence, nestled in Prado, an exclusive gated community. Boasting a generous 6080sqft, this meticulously designed home offers opulent living spaces and exudes sophistication and comfort. The property features, five bedrooms, five baths, and a stunning 50 x 25 saltwater pool, perfect for indulgent relaxation and entertaining guests in style. Embrace sustainability with the owned 14.4 kW solar system, ensuring both energy efficiency and a commitment to environmental responsibility. Beyond the elegant interiors, the meticulously landscaped yard benefits from an irrigation well, providing lush greenery and a picturesque outdoor haven. This residence is the epitome of luxury living in one of the most sought-after neighborhoods.

Last Agent to Sell the Property

Ashley Gonzales

Keller Williams Realty License #49580 Listed on: 01/21/2024

Keller Williams Realty

Last Buyer's Agent

Sean Hellman

Keller Williams Realty License #40382

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,137

Year Built

  • Built in 2022

Lot Details

  • 1.08 Acre Lot
  • Southwest Facing Home
  • Private Entrance
  • Water-Smart Landscaping
  • Sprinklers on Timer
  • Private Yard
  • Zoning described as R-1A*

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Second Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Contemporary Architecture
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 6,080 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Skylights
  • 4 Fireplaces
  • Double Pane Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Open Floorplan
  • Home Office
  • Screened Porch
  • Tile Flooring

Kitchen

  • Indoor Grill
  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Los Ranchos Elementary School
  • Taft Middle School
  • Valley High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Radiant Heating System
  • Natural Gas Connected
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 101406305115130376

Community Details

Overview

  • Association fees include common areas
  • Built by John Mark Jones
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,137

Year Built

Built in 2022

Lot Details

0

HOA Fees

$197 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Rio Grande and I-40, North on Rio Grande to Cottonwood Drive. Left on Cottonwood Drive. House will be on the right.
  • Listing Contract Date: 2024-01-18
  • Year Built: 2022
  • Lot Size Acres: 1.08
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Architectural Style: Contemporary, Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Dishwasher, Disposal, Indoor Grill, Refrigerator, Range Hood, Water Softener Owned, Wine Cooler, Washer
  • Interior Amenities: Wet Bar, Separate/Formal Dining Room, Family/Dining Room, Garden Tub/Roman Tub, Home Office, Living/Dining Room, Multiple Living Areas, Main Level Primary, Skylights, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Private Spa: Yes
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Outside
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 6080.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub/Spa, Outdoor Grill, Private Entrance, Privacy Wall, Private Yard, RV Hookup, Sprinkler/Irrigation
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Landscaped, Planned Unit Development, Sprinklers Automatic
  • Pool Features: Gunite, Heated, In Ground, Pool Cover
  • Pool Private: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: John Mark Jones
  • Construction Type: Frame, Stucco
  • Direction Faces: Southwest
  • Other Structures: Second Garage, Storage
  • Patio And Porch Features: Open, Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Multi Units, Refrigerated
  • Heating: Central, Forced Air, Radiant
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 590.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Los Ranchos
  • High School: Valley
  • Middle Or Junior School: Taft

Green Features

  • Green Power: Solar
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47044.8
  • Parcel #: 101406305115130376
  • Zoning Description: R-1A*

Tax Info

  • Tax Annual Amount: 15136.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Scott Grady & Associates Inc
Bought by
Gonzales Daniel Ray and Gonzales Sandra Renee
Current Estimated Value
$2,640,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,496,000
Outstanding Balance
$1,344,162
Interest Rate
3.1%
Mortgage Type
Construction
Estimated Equity
$1,116,862

Purchase Details

Closed on
Oct 24, 2006
Sold by
Stv Investments Ix Llc
Bought by
Scott Grady & Associates Inc
Source: Public Records

Range of Values:

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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
Gonzales Daniel Ray -- Fidelity National Ttl Ins Co
Scott Grady & Associates Inc -- Landamerica New Mexico Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Daniel Ray $1,496,000
Previous Owner Grady Laura L $967,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold -- -- --
05/29/2024 05/29/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $3,495,000 -4.2% $575 / Sq Ft
04/22/2024 04/22/24 Price Changed $3,650,000 -6.4% $600 / Sq Ft
02/02/2024 02/02/24 For Sale $3,900,000 -- $641 / 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 $15,696 $411,825 $36,396 $375,429
2023 $15,613 $405,092 $36,396 $368,696
2022 $15,137 $404,792 $36,396 $368,396
2021 $1,594 $36,396 $36,396 $0
2020 $9 $210 $210 $0
2019 $9 $210 $210 $0
2018 $9 $210 $210 $0
2017 $9 $210 $210 $0
2016 $9 $210 $210 $0
2015 $210 $210 $210 $0
2014 $1,919 $210 $210 $0
2013 -- $210 $210 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Gonzales

    Seller's Agent in 2024

    Ashley Gonzales

    Keller Williams Realty

    (505) 818-7060

    1 in this area

    55 Total Sales

    Ashley Gonzales
    Section Image

  • S

    Buyer's Agent in 2024

    Sean Hellman

    Keller Williams Realty

    (505) 453-3002

    3 in this area

    90 Total Sales

    Sean Hellman
    Section Image
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Map

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

MLS Number: 1055796

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-063-051151-3-03-76

New Mexico Bernalillo County Albuquerque 87107

1023 Cottonwood Dr NW, Albuquerque, NM

This home is located at 1023 Cottonwood Dr NW, Albuquerque, NM 87107 since 21 January 2024 and is currently estimated at $2,640,907, approximately $434 per square foot. This property was built in 2022. 1023 Cottonwood Dr NW is a home located in Bernalillo County with nearby schools including Valley High School, North Valley Academy, and Mountain Mahogany Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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