NOT LISTED FOR SALE

1428 Monterey Dr Taos, NM 87571

Estimated Value: $1,021,000 - $1,662,000

3 Beds
4 Baths
5,475 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 07, 2020

Current estimated payment $7,436/month

284 Days on Market

Highlights

  • Double Oven
  • Water Softener
  • 1-Story Property

About This Home

As of August 2020

The gathering place. Gracious, spacious and quality adobe home located in the stunning Weimer foothills. 1.50 acre lot takes advantage of the expansive views sunrise to sunset. You'll enjoy an indoor/outdoor lifestyle with walled and gated courtyards, spacious flagstone and concrete patios, portals, outdoor wood burning kiva fireplace, landscaped yard with mature shade and fruit trees (cherry, apricot, apple & raspberry bushes) and a luxurious backyard featuring a built in BBQ. (Pad in place for a hot tub) Interior amenities include a formal dining room, family room, living room, elegant office and grand entertainment/game room. 5475 square feet with 3 bedrooms, 3 full baths and 1 half-bath. Cooks kitchen (open to the family room) with work island, cozy breakfast nook, planning desk and wonderful walk-in pantry. The large master suite features a sitting area, kiva fireplace, picture window, walk-in closet lined with cedar, tiled vanities, tiled Roman-style shower. The second bedroom is a cozy en-suite with walk-in closet. The third bedroom is privately located accessed through second family room (game room). Additional features include: Easy care Italian tile floors. Ample storage. Oversized 2 car garage. Adobe interior and exterior walls. High ceilings with carved beams and vigas. Diamond-finished plaster. Custom built-in cabinetry in living room addition, office, master bedroom and game room. Buffet and dish pantry in dining room.

Last Agent to Sell the Property

New Mexico Real Estate Group

New Mexico Real Estate Group Listed on: 09/20/2019

Co-Listed By

Lisa Davis

New Mexico Real Estate Group License #38995

Last Buyer's Agent

Douglas Bachtel

ABI Real Estate Investments License #14532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,327

Year Built | Renovated

  • 1996 | 2005

Lot Details

  • 1.5

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Disposal

Schools

  • Taos Elementary School

Additional Features

  • 1-Story Property
  • Stucco Fence
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,327

Year Built | Renovated

1996 | 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Style: Pueblo Style
  • Additional Comments: Thank you Doug!
  • Homebuilder: Bobby Vigil
  • Geo Subdivision: NM
  • Legal Description: Vesting Deed as Exhibit A
  • Remodeled: Yes
  • Subject To F I R P T A: No
  • Tour Zone: Southeast
  • Year Renovated: 2005
  • Current Tax Amount: 4073
  • Middle School High School: Taos
  • Public Inprov Distr P I D: No
  • Special Asses Distr S A D: No
  • Exterior Amenities: Shed/ Barn
  • I N G E G: Public
  • Interior Amenities: Alarm System, Smoke Detector(s), Ceiling Fan(s), All Window Cov, Walk In Closet(s), Garage Dr Opener, Wash/Dry Hookups
  • Sub Floor: Slab
  • Estimated Total Heated Living: 5475
  • Estimated Tax Amount: 5887
  • For Rent: No
  • Guest House: No
  • Main House: ApproxSqFt: 5475; Bedrooms: 3; FullBaths: 3; HalfBaths: 1
  • Manufactured Mobile Home: No
  • Modular: No
  • Studio Workshop: No
  • Total Property: Bedrooms: 3; FullBaths: 3; HalfBaths: 1
  • L A N D C O V E R: Sagebrush
  • Restriction Types: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Estimated Year Built: 1996
  • Appliances: Gas Oven, Gas Range, Dish Washer, Refrigerator, Disposal, Compactor, Double Oven, Water Softener
  • Fireplace: Five, SouthWest, Insert, Gas, Primary Bedroom, Living Room, Family Room, Patio
  • Floors: Tile, Wood, Carpet
  • Stories: One Story
  • Windows: Thermopane, Screens, Skylights

Exterior Features

  • Roof Material: Brai Type
  • Roof Type: Flat
  • Foundation: Yes
  • Fencing: Stucco Wall
  • Construction: Adobe
  • Driveway: Gravel
  • Exterior Finish: Stucco
  • Porch Patio: Patio, BBQ, Covered Porch, Portal

Garage/Parking

  • Garage/Carport Capacity: 2
  • Garage Type: Garage Attached

Utilities

  • Utilities: Satellite
  • Electric: Yes
  • Gas: Natural
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas
  • Heating: Hot Water Baseboard, Hot Water Radiant

Schools

  • Elementary School: Taos Elementary
  • High School: Taos

Lot Info

  • Landscaping: Lawn, Drip Irrigation, Sprinkler System, Trees
  • Geo Update Timestamp: 2019-09-20
  • Geo Address Line: 1428 Monterey Dr
  • Geo Longitude: -105.570199
  • Geo Primary City: Taos
  • Geo Quality: 0.95
  • Geo Zoom Level: 16
  • Number Of Acres: 1.5
  • Surface Water: None
  • Lot Descriptions: View, Level

Rental Info

  • Lease Option: No

MLS Schools

  • Elementary School: Taos Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Aug 5, 2020
Sold by
U S Bank National Association
Bought by
Needham Charles and Needham Wendy
Seller's Agent
New Mexico Real Estate Group
New Mexico Real Estate Group
Buyer's Agent
Douglas Bachtel
ABI Real Estate Investments
List Price
$975,000
Current Estimated Value
$1,283,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$275,100
Outstanding Balance
$158,035
Interest Rate
4%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,099,086

Purchase Details

Closed on
Aug 10, 2012
Sold by
Wells Fay M
Bought by
Wells Fay M and Fay M Wells Trust Dated April 19, 2007

Purchase Details

Closed on
Sep 5, 2007
Sold by
Wells Fay M
Bought by
Wells Fay M and Fay M Wells Trust
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
Needham Charles -- First New Mexico Title
Wells Fay M -- --
Wells Fay M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needham Charles Edward $275,100
Open Needham Charles $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold -- -- --
06/25/2020 06/25/20 For Sale $975,000 0.0% $178 / Sq Ft
06/21/2020 06/21/20 Off Market -- -- --
09/20/2019 09/20/19 For Sale $975,000 -- $178 / Sq Ft
Source: Enchanted Circle 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 $5,327 $284,425 $38,591 $245,834
2023 $5,306 $284,425 $38,591 $245,834
2022 $5,168 $276,141 $37,467 $238,674
2021 $4,961 $276,141 $37,467 $238,674
2020 $3,982 $226,867 $29,624 $197,243
2019 $4,113 $226,867 $29,624 $197,243
2018 $3,905 $226,867 $29,624 $197,243
2017 $3,905 $220,259 $23,016 $197,243
2016 $3,885 $220,259 $23,016 $197,243
2014 -- $213,844 $16,601 $197,243
2013 -- $213,844 $16,601 $197,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Enchanted Circle Association of REALTORS®

MLS Number: 104192

Enchanted Circle Association of REALTORS®

APN: 46883