NOT LISTED FOR SALE

205 Grace Ln Corrales, NM 87048

Estimated Value: $774,000 - $866,000

4 Beds
2.5 Baths
2,758 Sq Ft
$297/Sq Ft Est. Value

Last Sold April 03, 2023

Current estimated payment $4,853/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

EXP Realty LLC License #11783

EXP Realty LLC

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

  • CRI Green Label Plus Certified 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

0

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,
  • Listing Contract Date: 2022-11-07
  • Year Built: 2003
  • Lot Size Acres: 1.0
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • 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 Master, 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)
  • ResoLivingAreaSource: Plans

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
EXP Realty LLC
List Price
$739,900
Views
110
Current Estimated Value
$819,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$582,250
Outstanding Balance
$568,345
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$255,445
Source: Public Records

Range of Values:

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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 $100,000
Open Frost James C $582,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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

    1,593 Total Sales

    Joseph Maez
    Section Image

  • S

    Buyer's Agent in 2023

    Steve Murtha

    EXP Realty LLC

    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

    8 in this area

    265 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

This home is located at 205 Grace Ln, Corrales, NM 87048 since 07 November 2022 and is currently estimated at $819,235, approximately $297 per square foot. This property was built in 2003. 205 Grace Ln is a home located in Sandoval County with nearby schools including Corrales Elementary School, Cibola High School, and Sandia View Elementary 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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