Harold Young
La Puerta Real Estate Serv LLC
(505) 347-7481
40 Total Sales
1 in Corrales
$415,022 Price
140 Palacio Rd Corrales, NM 87048
Corrales AreaEstimated Value: $938,000 - $1,004,137
4
Beds
3.5
Baths
3,563
Sq Ft
$274/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Wood Burning Stove
- 4 Fireplaces
- Sitting Area In Primary Bedroom
- Hydromassage or Jetted Bathtub
- Separate Formal Living Room
About This Home
As of September 2025Nestled in the heart of Corrales, this stunning NM-style adobe home at 140 Palacio offers timeless charm and modern elegance. Featuring authentic wood beams and classic adobe construction, this property captures the essence of Southwestern living. Enjoy breathtaking, unobstructed views of the Sandia Mountains, the Rio Grande Bosque, and the city lights, all from your private oasis. Expansive windows bathe the interior in natural light, connecting you to the outdoors. Perfect for those seeking tranquility and beauty, this home combines traditional architecture with unparalleled scenery.
Last Agent to Sell the Property
Casa Montoya Realty License #19687 Listed on: 09/26/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,899
Year Built
- Built in 1989
Lot Details
- 37,462 Sq Ft Lot
- Cul-De-Sac
- South Facing Home
- Private Entrance
- Gated Home
- Property is Fully Fenced
- Landscaped
- Private Yard
- Zoning described as A-1
Parking
- 3 Car Attached Garage
- Dry Walled Garage
- Garage Door Opener
Home Design
- Northern New Mexico Architecture
- Flat Roof Shape
- Frame Construction
- Adobe
Interior Spaces
- 3,563 Sq Ft Home
- Property has 1 Level
- Beamed Ceilings
- Ceiling Fan
- Skylights
- 4 Fireplaces
- Wood Burning Stove
- Thermal Windows
- Wood Frame Window
- Entrance Foyer
- Great Room
- Separate Formal Living Room
- Multiple Living Areas
- Sitting Room
- Washer and Gas Dryer Hookup
- Property Views
Kitchen
- Breakfast Area or Nook
- Double Oven
- Built-In Electric Range
- Dishwasher
- Kitchen Island
Flooring
- Brick
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- Dual Sinks
- Hydromassage or Jetted Bathtub
Home Security
- Home Security System
- Security Gate
Pool
- Heated In Ground Pool
- Gunite Pool
- Pool Cover
Outdoor Features
- Covered Patio or Porch
- Outdoor Water Feature
- Covered Courtyard
Schools
- Corrales Elementary School
- Taylor Middle School
- Cibola High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Refrigerated Cooling System
- Multiple Heating Units
- Heating System Uses Natural Gas
- Natural Gas Connected
- Private Water Source
- Well
- Septic Tank
- Cable TV Available
Community Details
- Built by Passage
Listing and Financial Details
- Assessor Parcel Number R049197
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2024
Closed on
Sep 10, 2025
Sold by
Bought by
Seller's Agent
Mario Montoya
Casa Montoya Realty
Buyer's Agent
Carmen Peters
New Mexico Home Group Realty
List Price
$1,250,000
Views
273
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$965,000
Outstanding Balance
$957,308
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
$20,071
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Corrales, NM
-
Harold Young
-
Mike Griffin
Mike Griffin
CENTURY 21 Camco Realty
(505) 545-4050
218 Total Sales
4 in Corrales
$320K - $525K Price Range
-
Maryellen Ampersand
Maryellen Ampersand
Talia Freedman and Co.
(505) 437-4245
67 Total Sales
2 in Corrales
$385K - $450K Price Range
-
Natalie Amershek
Natalie Amershek
La Puerta Real Estate Serv LLC
(505) 596-4186
91 Total Sales
1 in Corrales
$530,000 Price
-
Tod Muxworthy
Tod Muxworthy
Keller Williams Realty
(505) 302-3820
28 Total Sales
1 in Corrales
$305,000 Price
-
The Schuster Team
The Schuster Team
Responds QuicklySimply Real Estate
(505) 560-9310
374 Total Sales
7 in Corrales
$545K - $1.8M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $965,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Sold | -- | -- | -- |
| 07/04/2025 07/04/25 | Pending | -- | -- | -- |
| 06/29/2025 06/29/25 | Price Changed | $1,075,000 | -4.4% | $302 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $1,124,999 | -6.2% | $316 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $1,199,000 | -4.1% | $337 / Sq Ft |
| 09/26/2024 09/26/24 | For Sale | $1,250,000 | -- | $351 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,977 | $161,761 | $28,337 | $133,424 |
| 2024 | $4,899 | $157,050 | $27,677 | $129,373 |
| 2023 | $4,899 | $152,475 | $27,208 | $125,267 |
| 2022 | $4,754 | $148,035 | $26,988 | $121,047 |
| 2021 | $4,710 | $143,723 | $26,759 | $116,964 |
| 2020 | $4,571 | $139,537 | $0 | $0 |
| 2019 | $4,188 | $135,473 | $0 | $0 |
| 2018 | $4,031 | $131,527 | $0 | $0 |
| 2017 | $3,695 | $127,696 | $0 | $0 |
| 2016 | $4,152 | $123,977 | $0 | $0 |
| 2014 | $3,971 | $120,367 | $0 | $0 |
| 2013 | -- | $116,861 | $26,181 | $90,680 |
Source: Public Records
Agents Affiliated with this Home
-
Mario Montoya
Seller's Agent in 2025
Mario Montoya
Casa Montoya Realty
(505) 681-3125
145 Total Sales
-
Carmen Peters
Buyer's Agent in 2025
Carmen Peters
New Mexico Home Group Realty
(757) 748-8991
8 Total Sales
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1071325
APN: 1-014-067-065-046
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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