NOT LISTED FOR SALE

118 Ranchitos Rd Corrales, NM 87048

Estimated Value: $1,185,000 - $1,446,000

5 Beds
3 Baths
4,091 Sq Ft
$322/Sq Ft Est. Value

About This Home

This home is located at 118 Ranchitos Rd, Corrales, NM 87048 and is currently estimated at $1,315,500, approximately $321 per square foot. 118 Ranchitos Rd is a home with nearby schools including Corrales Elementary School, Cibola High School, and Cottonwood Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2019
Sold by
Loemker Herbert W and Resta Lois
Bought by
Desert Sage Custom Homes Llc
Current Estimated Value
$1,315,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,226,116
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
$89,384
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Desert Sage Custom Homes Llc -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desert Sage Custom Homes Llc $1,350,000
Source: Public Records

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
2025 $11,620 $313,561 $67,733 $245,828
2024 $11,120 $304,428 $65,814 $238,614
2023 $11,120 $295,561 $65,066 $230,495
2022 $10,796 $286,953 $64,207 $222,745
2021 $2,260 $59,001 $59,001 $0
2020 $2,409 $52,060 $0 $0
2019 $2,362 $52,060 $0 $0
2018 $2,358 $52,060 $0 $0
2017 $2,241 $52,060 $0 $0
2016 $2,479 $52,060 $0 $0
2014 $2,351 $52,060 $0 $0
2013 -- $34,707 $34,707 $0
Source: Public Records

Map

New Mexico Sandoval County Corrales 87048

118 Ranchitos Rd, Corrales, NM

Not Listed for Sale

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