NOT LISTED FOR SALE

1231 Alvarado Way Bernalillo, NM 87004

Estimated Value: $332,000 - $415,000

3 Beds
2 Baths
1,863 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 06, 2025

Current estimated payment $2,324/month

255 Days on Market

Highlights

  • 1 Fireplace
  • Private Yard
  • Breakfast Area or Nook
  • Separate Formal Living Room
  • Covered patio or porch
  • 2-minute walk to Blue Arrowhead Park

About This Home

As of March 2025

**Multiple Offers Received** Come take a look at this charming three bedroom, two bathroom home. This home is ideally located in The Aldea at Santiago with easy access to the highway, town amenities, shopping, and restaurants. Features include a cozy layout and functional design, this home offers a comfortable living for anyone looking to enter the housing market or just make a move into something else. The bedrooms are spacious and bright, providing a peaceful retreat after a long day. This home offers convenience and comfort. The living area is inviting, with plenty of natural light and space for relaxing or entertaining guests. The functional kitchen is cheerful and efficient with an eat in area and formal dining area adjacent. Don't miss this opportunity to own a charming home.

Last Agent to Sell the Property

Melinda Baisa

Berkshire Hathaway NM Prop License #35593 Listed on: 05/20/2024

Berkshire Hathaway NM Prop

Last Buyer's Agent

Venturi Realty Group

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Private Yard

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,863 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Sliding Windows
  • Separate Formal Living Room
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Garden Bath

Outdoor Features

  • Covered patio or porch

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System

Community Details

  • Association fees include common areas
  • The Aldea At Santiago And Aldea HOA

Listing and Financial Details

  • Assessor Parcel Number R147365

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,857

Year Built

Built in 2006

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528 turn East on Santiago, North on Bosque Vista, East on Alvarado Way to home on South side of the street 1231.
  • Listing Contract Date: 2024-05-17
  • Year Built: 2006
  • Lot Size Acres: 0.12
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: Year built obtained from assessors office.
  • Property Sub Type Additional: Detached
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Carpet Free
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave
  • Interior Amenities: Breakfast Area, Separate/Formal Dining Room, Dual Sinks, Garden Tub/Roman Tub, Main Level Primary, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1863.0
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 503.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: The Aldea at Santiago and Aldea HOA
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: R147365
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1856.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Feb 10, 2025
Sold by
Lsf9 Master Participation Trust
Bought by
Kerr Barry and Collins Michael S
Seller's Agent
Melinda Baisa
Berkshire Hathaway NM Prop
Buyer's Agent
Venturi Realty Group
Real Broker
List Price
$409,900
Sold Price
$330,000
Premium/Discount to List
-$79,900
-19.49%
Total Days on Market
255
Views
142
Current Estimated Value
$373,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,054
Avg. Annual Appreciation
54.96%
Original Mortgage
$297,000
Outstanding Balance
$296,260
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$76,794

Purchase Details

Closed on
Aug 16, 2017
Sold by
Lake Margaret
Bought by
Lsf9 Master Participation Trust
Source: Public Records

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Range of Values:

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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
Kerr Barry -- None Listed On Document
Lsf9 Master Participation Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerr Barry $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold -- -- --
01/31/2025 01/31/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $329,900 -4.3% $177 / Sq Ft
11/26/2024 11/26/24 Price Changed $344,900 -4.2% $185 / Sq Ft
10/26/2024 10/26/24 Price Changed $359,900 -2.7% $193 / Sq Ft
09/21/2024 09/21/24 Price Changed $369,900 -2.6% $199 / Sq Ft
08/14/2024 08/14/24 Price Changed $379,900 -2.6% $204 / Sq Ft
07/18/2024 07/18/24 Price Changed $389,900 -2.5% $209 / Sq Ft
06/17/2024 06/17/24 Price Changed $399,900 -2.4% $215 / Sq Ft
05/20/2024 05/20/24 For Sale $409,900 -- $220 / 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
2023 $1,857 $69,066 $11,630 $57,436
2022 $1,803 $67,055 $11,238 $55,817
2021 $1,783 $65,102 $10,498 $54,604
2020 $1,731 $63,206 $0 $0
2019 $1,694 $61,366 $0 $0
2018 $1,512 $66,562 $0 $0
2017 $1,553 $60,665 $0 $0
2016 $1,761 $58,898 $0 $0
2014 $1,725 $58,898 $0 $0
2013 -- $57,182 $13,333 $43,849
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1063568

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-073-248-268