NOT LISTED FOR SALE

140 Laker Dr Corrales, NM 87048

Estimated Value: $1,716,000 - $2,077,016

5 Beds
5 Baths
5,037 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 10, 2019

Current estimated payment $11,633/month

90 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • 7 Acre Lot
  • Corrales Elementary School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of June 2019

BRAND NEW ROOF with 50 Year Warranty! This is a one of a kind, remarkable country estate on seven + acres with loads of room to roam. Check out the VIDEOs in the Photo Section! Located on the South end of Corrales right on the Rio Grande River Bosque. It's just a mile from Albuquerque, but feels like your own quiet oasis in the country. The home has been totally remodeled from the frame up. Upon stepping through the front door you will enter into elegance with the Southern style gracious sweeping staircase. Before you is the main living room with lodge beamed tongue and groove soaring ceilings with stupendous views of the back acreage and river Bosque (woods). The layout of the home is sensational (Please See ''More'')

Last Agent to Sell the Property

Angela Lang

Q Realty License #44384 Listed on: 01/11/2019

Last Buyer's Agent

Aaron Sandoval

Realty One of New Mexico License #44702

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,220

Year Built

  • Built in 1965

Lot Details

  • 7 Acre Lot
  • Property fronts a private road
  • West Facing Home
  • Private Entrance
  • Gated Home
  • Property is Fully Fenced
  • Sprinklers on Timer
  • Meadow
  • Wooded Lot
  • Private Yard
  • Lawn
  • Zoning described as A-1

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Heated Garage
  • Workshop in Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shake Roof
  • Stucco

Interior Spaces

  • 5,037 Sq Ft Home
  • Property has 2 Levels
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • 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
  • Baseboard Heating
  • Natural Gas Connected
  • Well
  • Septic Tank
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Water-Smart Landscaping
  • Guest House
  • Horses Allowed On Property

Community Details

  • Built by Lincoln Homes

Listing and Financial Details

  • Assessor Parcel Number 1015066271275

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,220

Year Built

Built in 1965

Lot Details

7 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda and Coors and Corrales Rd intersection, go North on Corrales Rd one mile (watch odometer) past the street Via Oreada to 140 Laker on East or right. (Turn in front of the wooden address sign on telephone pole. Wide opening with 2 lanes with grass and cottonwood trees down the middle. Stay on the left lane. Go all the way back under trees to rust iron gate. Call listing agent for entrance. It's 140 and 142 Laker.
  • Year Built: 1965
  • Horses: Yes
  • Lot Size Acres: 7.0
  • Road Frontage Type: Private Road
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Brick, Carpet
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Double Oven, Dishwasher, Disposal, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Bookcases, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Home Office, In-Law Floorplan, Kitchen Island, Multiple Living Areas, Main Level Master, Separate Shower, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Gas Log, Log Lighter, Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 5037.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Deck, Fully Fenced, Fence, Private Entrance, Private Yard, Sprinkler/Irrigation
  • Roof: Pitched, Shake
  • Fencing: Gate, Wall
  • Lot Features: Lawn, Meadow, Sprinklers Automatic, Trees, Views, Wooded
  • Pool Features: Gunite, Heated, In Ground, Pool Cover
  • Pool Private: Yes
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Lincoln Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Parking Features: Heated Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Natural Gas, Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Well
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 304920.0
  • Parcel #: 1015066271275
  • Zoning Description: A-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 6220.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jun 7, 2019
Sold by
Lang Angela P
Bought by
Macewen Lauren G and Armstrong Susan P
Seller's Agent
Angela Lang
Q Realty
Buyer's Agent
Aaron Sandoval
Realty One of New Mexico
List Price
$1,997,000
Current Estimated Value
$1,939,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,400,000
Outstanding Balance
$1,233,413
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$706,259
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macewen Lauren G -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macewen Lauren G $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold -- -- --
04/11/2019 04/11/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $1,997,000 -- $396 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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 $17,163 $470,983 $62,728 $408,255
2024 $16,882 $457,288 $58,458 $398,830
2023 $16,882 $443,993 $56,918 $387,075
2022 $16,389 $431,085 $0 $0
2021 $16,025 $418,552 $52,853 $365,699
2020 $15,557 $406,385 $0 $0
2019 $7,234 $196,881 $0 $0
2018 $6,836 $191,170 $0 $0
2017 $6,220 $185,625 $0 $0
2016 $6,791 $179,444 $0 $0
2014 $6,652 $179,444 $0 $0
2013 -- $177,444 $45,056 $132,388
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 935294

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-066-271-275

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