NOT LISTED FOR SALE

114 Homesteads Rd Placitas, NM 87043

Estimated Value: $697,000 - $793,000

3 Beds
2 Baths
2,707 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 30, 2018

Current estimated payment $4,435/month

41 Days on Market

Highlights

  • Horses Allowed On Property
  • Great Room
  • Covered Patio or Porch
  • Custom Home
  • Home Office
  • Skylights

About This Home

As of July 2018

Perched on a hill with sweeping amazing views sits this cozy southwestern casa. Outdoor living at it's best in either the front courtyard or impressive huge back patio. Open floor plan provides panoramic sunset & mesa views from every room. This home also features a separate heated/cooled studio perfect for home/office or artist. Detailed woodwork touches throughout. Gourmet kitchen with pantry, upgraded granite & appliances. The large great room has T&G beamed ceilings, carved posts + a kiva fireplace. The huge covered back patio is perfect for entertaining or just private relaxing watching the daily hummingbirds and enjoying the view. The home seems much larger than it is because of the windows and outdoor space. Split bedrooms perfect for guests or teenagers. Come see this Today!

Last Agent to Sell the Property

Cathy Colvin

Vista Encantada Realtors, LLC License #30350 Listed on: 05/03/2018

Last Buyer's Agent

Sandra Poling

La Puerta Real Estate Serv LLC License #38237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 2006

Lot Details

  • 2.1 Acre Lot
  • Property fronts a private road
  • East Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Water-Smart Landscaping
  • Sprinklers on Timer

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 2,707 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Open Floorplan
  • Home Office
  • Fire and Smoke Detector
  • Washer and Propane Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Shower Only
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Schools

  • Placitas Elementary School
  • Bernalillo Middle School
  • Bernalillo High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Propane
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Built by Gemtec
  • Placitas Homesteads Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023073425210

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,963

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 north from Albuquerque to Placitas Exit # 242. Head east to Homesteads (first street just east of the Merc). North on Homesteads Road to the end and at the ''V'' veer right (see address on red sign) to 114 on the right. Look for Vista Encantada sign
  • Listing Contract Date: 2018-05-03
  • Year Built: 2006
  • Horses: Yes
  • Lot Size Acres: 2.1
  • Road Frontage Type: Private Road
  • Subdivision Name: Placitas Homesteads
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Water Softener Owned, Self Cleaning Oven
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Family/Dining Room, Great Room, Home Office, Living/Dining Room, Main Level Master, Pantry, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Kiva
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2707.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)

Exterior Features

  • Exterior Features: Courtyard, Fence, Sprinkler/Irrigation, Propane Tank - Owned, Private Entrance
  • Roof: Pitched, Tar/Gravel
  • Fencing: Back Yard
  • Lot Features: Landscaped, Sprinklers Automatic, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Gemtec
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized, Storage, Workshop in Garage

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Propane
  • Water Source: Well
  • Laundry Features: Propane Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Placitas
  • High School: Bernalillo
  • Middle Or Junior School: Bernalillo

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 91476.0
  • Parcel #: 1023073425210
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 3962.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 13, 2018
Sold by
Taylor Melissa L
Bought by
Mowrey Richard C and Litka Deorra
Seller's Agent
Cathy Colvin
Vista Encantada Realtors, LLC
Buyer's Agent
Sandra Poling
La Puerta Real Estate Serv LLC
List Price
$460,000
Current Estimated Value
$743,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$45,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 23, 2015
Closed on
Aug 27, 2015
Sold by
Dunsim Lee C and Dunsim Janice A
Bought by
Taylor Melissa L and Dunn Holly S
Seller's Agent
Mark Parker
Coldwell Banker Legacy
Buyer's Agent
Cathy Colvin
Vista Encantada Realtors, LLC
List Price
$429,900

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
$328,000
Interest Rate
4.03%
Mortgage Type
New Conventional
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
Mowrey Richard C -- First American Title Ins Co
Taylor Melissa L -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowrey Richard C $370,400
Closed Mowrey Richard C $45,500
Closed Mowrey Richard C $364,000
Previous Owner Taylor Melissa L $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold -- -- --
06/13/2018 06/13/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $460,000 +7.0% $170 / Sq Ft
08/31/2015 08/31/15 Sold -- -- --
07/22/2015 07/22/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $429,900 -- $196 / 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 $3,634 $167,763 $24,846 $142,917
2023 $3,634 $162,877 $23,455 $139,422
2022 $3,528 $158,134 $0 $0
2021 $3,536 $153,528 $23,009 $130,519
2020 $3,433 $149,056 $0 $0
2019 $3,360 $144,715 $0 $0
2018 $2,766 $121,444 $0 $0
2017 $3,302 $145,393 $0 $0
2016 $3,963 $145,393 $0 $0
2014 $3,847 $145,393 $0 $0
2013 -- $143,393 $49,509 $93,884
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 917621

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-073-425-210