NOT LISTED FOR SALE

118 Thanes Way Corrales, NM 87048

Estimated Value: $797,548 - $875,000

5 Beds
3 Baths
2,481 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 01, 2020

Current estimated payment $5,090/month

34 Days on Market

Highlights

  • RV Garage
  • Two Primary Bedrooms
  • Multiple Living Areas
  • Corrales Elementary School Rated A-
  • Private Yard
  • Home Office

About This Home

As of May 2020

Southwestern style home with covered porches surrounding the home. 4-5 bedrooms with one truly a guest bedroom with en-suite full bath. New roof. If you are looking for views, we have them. If you are looking for an RV garage or second garage, we have it. If you are looking for a large24x30 studio for your artists or woodcrafters, we have it. Oversized RV garage with entry and exit garage doors and 1/2 bath. The attached work or studio room is fully finished, skylights, great area for artists room, wood working, or turn into another spectacular master suite. Views are spectacular!!

Last Agent to Sell the Property

Mechele Palmer

Berkshire Hathaway NM Prop License #34759 Listed on: 02/07/2020

Berkshire Hathaway NM Prop

Last Buyer's Agent

Nancy Shaw

Keller Williams Realty License #41557

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 2001

Lot Details

  • 0.97 Acre Lot
  • South Facing Home
  • Fenced
  • Landscaped
  • Private Yard

Parking

  • 5 Car Attached Garage
  • Workshop in Garage
  • RV Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,481 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Multiple Living Areas
  • Home Office
  • Utility Room
  • Washer and Gas Dryer Hookup
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Cedar Closet
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by F.Larrabee

Listing and Financial Details

  • Assessor Parcel Number R041257

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,385

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North On Corrales Rd To Paseo Cesar Chavez(Just After Harvey Jones Channel,West On Cesar Chavez,Stay On Paved Road To Thanes Way,Right Up Hill On Right
  • Listing Contract Date: 2020-02-05
  • Year Built: 2001
  • Lot Size Acres: 0.97
  • Road Surface Type: Paved
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Breakfast Area, Cedar Closet(s), Ceiling Fan(s), Dual Sinks, Entrance Foyer, Home Office, In-Law Floorplan, Multiple Living Areas, Main Level Master, Multiple Master Suites, Pantry, Skylights, Cable TV, Utility Room, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2481.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)

Exterior Features

  • Exterior Features: Courtyard, Fence, Private Yard
  • Roof: Flat, Pitched
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: F.Larrabee
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 5.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized, RV Garage, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Hot Water, Natural Gas, Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: R041257
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 3385.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
May 1, 2020
Sold by
Wells Fargo Bank Na
Bought by
Zak Paul M and Zak Janet K
Seller's Agent
Mechele Palmer
Berkshire Hathaway NM Prop
Buyer's Agent
Nancy Shaw
Keller Williams Realty
List Price
$645,000
Current Estimated Value
$832,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$491,600
Outstanding Balance
$438,966
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$398,792
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
Zak Paul M -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zak Paul M $491,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold -- -- --
03/12/2020 03/12/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $639,900 -0.8% $258 / Sq Ft
02/07/2020 02/07/20 For Sale $645,000 -- $260 / 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 $6,677 $213,307 $38,753 $174,554
2023 $6,677 $207,094 $37,931 $169,163
2022 $6,480 $201,063 $0 $0
2021 $7,295 $221,488 $37,597 $183,891
2020 $3,694 $111,135 $0 $0
2019 $3,385 $107,898 $0 $0
2018 $3,260 $104,756 $0 $0
2017 $2,990 $101,704 $0 $0
2016 $3,361 $98,742 $0 $0
2014 $3,162 $95,866 $0 $0
2013 -- $93,074 $23,913 $69,161
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 962017

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-069-227-483