NOT LISTED FOR SALE

205 Grace Ln Corrales, NM 87048

Estimated Value: $785,000 - $971,000

4 Beds
2.5 Baths
2,758 Sq Ft
$309/Sq Ft Est. Value

Last Sold April 03, 2023

Current estimated payment $5,130/month

107 Days on Market

Highlights

  • Private Yard
  • Home Office
  • Separate Outdoor Workshop
  • Corrales Elementary School Rated A-
  • Beamed Ceilings
  • Skylights

About This Home

As of April 2023

Brand new TPO roof! Wonderful southwest style single story located in the Heart of Corrales' Green belt on a large 1 acre property. Floor plan features 2,758 with 4 bedrooms, 2.5 bathrooms and attached garage and workshop! Home exudes southwest charm with hand carved vigas and beams and adobe wall lining the living space. Living area with a raised tongue and groove beamed ceiling, gas fireplace and a wall of windows showcasing those majestic views! Spacious kitchen with ample cabinet space, range, microwave, fridge, center prep island and breakfast bar. Owners suite with a walk-in closet and bath. Bath hosts his/hers vanities, soaker tub and walk-in shower. 4th bedroom w/ 1/2 bath also perfect for a home office. Radiant heat! Great backyard walled with covered patio. Storage buildings!

Last Agent to Sell the Property

Joseph Maez

The Maez Group License #17921 Listed on: 11/07/2022

Last Buyer's Agent

Steve Murtha

MORE Realty, Inc License #11783

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,533

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot
  • North Facing Home
  • Private Yard
  • Zoning described as A-1

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Dry Walled Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,758 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Open Floorplan
  • Home Office
  • Fire and Smoke Detector
  • Electric Dryer Hookup
  • Property Views

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Taylor Middle School
  • Cibola High School

Utilities

  • Evaporated cooling system
  • Radiant Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Custom

Listing and Financial Details

  • Assessor Parcel Number 1016068397163

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,533

Year Built

Built in 2003

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North on Corrales Rd 3.5 miles to Grace Lane (past Mariquita)just north of Corrales Veterinary Clinic; east toward the Bosque,
  • Year Built: 2003
  • Lot Size Acres: 1.0
  • 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: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Dual Sinks, Family/Dining Room, Garden Tub/Roman Tub, Home Office, Kitchen Island, Living/Dining Room, Main Level Primary, Skylights, Separate Shower, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Custom, Glass Doors, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2758.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1016068397163
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 4533.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Apr 3, 2023
Sold by
Garcia Mary Ann
Bought by
Frost James C and Frost Michele R
Seller's Agent
Joseph Maez
The Maez Group
Buyer's Agent
Steve Murtha
MORE Realty, Inc
List Price
$739,900
Views
110
Current Estimated Value
$852,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$582,250
Outstanding Balance
$565,221
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$286,992
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
Frost James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost James C $582,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold -- -- --
02/23/2023 02/23/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $739,900 0.0% $268 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $739,900 -1.3% $268 / Sq Ft
11/07/2022 11/07/22 For Sale $750,000 -- $272 / 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 $9,041 $243,974 $74,424 $169,550
2024 $4,672 $236,868 $68,000 $168,868
2023 $4,672 $126,167 $37,883 $88,284
2022 $4,533 $122,493 $0 $0
2021 $44 $118,924 $35,542 $83,382
2020 $4,346 $115,461 $0 $0
2019 $4,012 $112,099 $0 $0
2018 $3,866 $108,833 $0 $0
2017 $3,548 $105,664 $0 $0
2016 $3,887 $102,586 $0 $0
2014 $3,737 $102,586 $0 $0
2013 -- $100,586 $30,768 $69,818
Source: Public Records

Agents Affiliated with this Home

  • Joseph Maez

    Seller's Agent in 2023

    Joseph Maez

    The Maez Group

    (505) 600-9114

    20 in this area

    1,511 Total Sales

    Joseph Maez
    Section Image

  • S

    Buyer's Agent in 2023

    Steve Murtha

    MORE Realty, Inc

    5 in this area

    29 Total Sales

    Steve Murtha
    Section Image
  • Deanna Dopslaf

    Buyer Co-Listing Agent in 2023

    Deanna Dopslaf

    EXP Realty LLC

    (505) 307-1129

    6 in this area

    259 Total Sales

    Deanna Dopslaf
    Section Image
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Map

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

MLS Number: 1025483

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-068-397-163

New Mexico Sandoval County Corrales 87048

205 Grace Ln, Corrales, NM

Not Listed for Sale

Detached

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