NOT LISTED FOR SALE

1505 Marcato Ln NW Albuquerque, NM 87104

Near North Valley Neighborhood

Estimated Value: $433,000 - $490,000

3 Beds
2 Baths
1,796 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 26, 2022

Current estimated payment $3,792/month

Highlights

  • Pueblo Architecture
  • Private Yard
  • Double Oven
  • Duranes Elementary School Rated 9+
  • Multiple Living Areas
  • Thermal Windows

About This Home

As of May 2022

Beautiful home in the Gated Community of Symphony. The home has refrigerated air, a gorgeous courtyard out front and an amazing backyard. The home is centrally located and only minutes from downtown and Old Town. The kitchen has stainless steel appliances and a double oven. This well taken care of home is ready for its next owner.

Last Agent to Sell the Property

Kristin Merrill

Coldwell Banker Legacy License #49738 Listed on: 04/01/2022

Coldwell Banker Legacy

Last Buyer's Agent

Marcos Renteria

Enchanted Mountain Real Estate License #52829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 2003

Lot Details

  • 5,663 Sq Ft Lot
  • East Facing Home
  • Sprinklers on Timer
  • Private Yard
  • Zoning described as R-1B*

HOA Fees

  • $804 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,796 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Thermal Windows
  • Multiple Living Areas

Kitchen

  • Double Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Duranes Elementary School
  • Garfield Middle School
  • Valley High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Electricity Not Available

Additional Features

  • Covered Courtyard
  • Grass Field

Community Details

  • Association fees include common areas
  • Built by Centex

Listing and Financial Details

  • Assessor Parcel Number 101305914529332959

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,792

Year Built

Built in 2003

Lot Details

0

HOA Fees

$804 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Rio Grande and Indian School. East on Indian School. Right into Symphony Gate. Enter in gate. House on right.
  • Listing Contract Date: 2022-03-23
  • Year Built: 2003
  • Lot Size Acres: 0.13
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Double Oven, Dryer, Dishwasher, Microwave, Washer
  • Interior Amenities: Multiple Living Areas, Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Kiva
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1796.0
  • Window Features: Thermal Windows

Exterior Features

  • Exterior Features: Courtyard, Private Yard, Sprinkler/Irrigation
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Centex
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Water Available, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 804.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Duranes (y)
  • High School: Valley
  • Middle Or Junior School: Garfield

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 101305914529332959
  • Zoning Description: R-1B*

Tax Info

  • Tax Annual Amount: 2791.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 23, 2022
Sold by
Richards Leisa M
Bought by
Taylor Joy E
Seller's Agent
Kristin Merrill
Coldwell Banker Legacy
Buyer's Agent
Marcos Renteria
Enchanted Mountain Real Estate
List Price
$415,000
Current Estimated Value
$453,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$240,000
Outstanding Balance
$229,932
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$191,626

Purchase Details

Closed on
Apr 2, 2007
Sold by
Wasmuth Rita K
Bought by
Richards Leisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Centex Homes
Bought by
Wasmuth Rita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
5.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Taylor Joy E -- Old Republic National Title
Richards Leisa M -- Fidelity Natl Title Ins Co
Wasmuth Rita K -- Commerce Title Co Of Nm Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Joy E $240,000
Previous Owner Richards Leisa M $154,082
Previous Owner Richards Leisa M $16,495
Previous Owner Richards Leisa M $175,000
Previous Owner Wasmuth Rita $100,050
Previous Owner Wasmuth Rita K $134,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold -- -- --
04/03/2022 04/03/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $415,000 -- $231 / 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 $6,188 $128,222 $13,045 $115,177
2023 $6,075 $124,487 $12,665 $111,822
2022 $2,890 $62,715 $15,576 $47,139
2021 $2,792 $60,888 $15,122 $45,766
2020 $2,739 $59,116 $14,682 $44,434
2019 $2,656 $57,395 $14,255 $43,140
2018 $2,561 $57,395 $14,255 $43,140
2017 $2,467 $55,723 $13,840 $41,883
2016 $2,382 $52,524 $13,045 $39,479
2015 $50,995 $50,995 $12,665 $38,330
2014 $2,924 $64,693 $12,665 $52,028
2013 -- $71,248 $25,887 $45,361
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kristin Merrill

    Coldwell Banker Legacy

    (505) 917-7160

    1 in this area

    57 Total Sales

    Section Image
  • Marcos Renteria

    Buyer's Agent in 2022

    Marcos Renteria

    Enchanted Mountain Real Estate

    (575) 808-1586

    1 in this area

    36 Total Sales

    Section Image
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Map

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

MLS Number: 1011849

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-059-145293-3-29-59

New Mexico Bernalillo County Albuquerque 87104 Near North Valley

1505 Marcato Ln NW, Albuquerque, NM

This home is located at 1505 Marcato Ln NW, Albuquerque, NM 87104 since 01 April 2022 and is currently estimated at $453,560, approximately $252 per square foot. This property was built in 2003. 1505 Marcato Ln NW is a home located in Bernalillo County with nearby schools including Duranes Elementary School, Garfield Middle, and Valley High School.

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.

Southwest MLS (Greater Albuquerque Association of REALTORS®) 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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