NOT LISTED FOR SALE

22 Tierra Madre Ct Placitas, NM 87043

Estimated Value: $907,000 - $1,005,701

4 Beds
4.5 Baths
4,601 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 27, 2023

Current estimated payment $5,726/month

8 Days on Market

Highlights

  • Guest House
  • Custom Home
  • Radiant Floor
  • Heated In Ground Pool
  • Deck
  • Outdoor Fireplace

About This Home

As of July 2023

When you pull in the driveway of this gorgeous, custom home, you will feel like you have entered a private resort with outstanding views of both the Sandia and Jemez Mountain Ranges*The gorgeous wood ceilings, carved beams and plaster walls provide wonderful southwestern appeal*Natural light abounds*The gourmet kitchen opens to formal dining area and backyard making this a wonderful home for entertaining*Primary bedroom is separate from other sleeping spaces and has 2 private balconies*Vacation at home by your heated, gunite pool.*This home sits on a 1.25 acre, cul-de-sac lot providing privacy and tranquility yet you are just minutes from I-25 and the well-loved Placitas Merc*The attached casita provides the ideal space for short-term and long-term guests*The casita features a bedroom,

Last Agent to Sell the Property

Kristine Cannaday

Ida Kelly Realtors License #15154 Listed on: 05/16/2023

Ida Kelly Realtors

Co-Listed By

Morgan Cannaday-Henson

Ida Kelly Realtors License #48152

Last Buyer's Agent

Zach Osborne

Weichert, Realtors Image License #REC20220358

Weichert, Realtors Image

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 2006

Lot Details

  • 1.25 Acre Lot
  • Cul-De-Sac
  • Northwest Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Landscaped

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,601 Sq Ft Home
  • Property has 2 Levels
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Home Security System
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Fireplace
  • Covered Courtyard
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Placitas Elementary School
  • Bernalillo Middle School
  • Bernalillo High School

Utilities

  • Evaporated cooling system
  • Radiant Heating System
  • Natural Gas Connected
  • Shared Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Built by Drew Owens
  • Tierra Madre De Placitas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023073236319

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From I-25, Take Exit# 242 and head east on 165. Take a left heading north on Tierra Madre Rd. At the 3-way stop sign, turn right on Tierra Madre Court. Follow to end and follow gravel driveway up to home.
  • Listing Contract Date: 2023-05-13
  • Year Built: 2006
  • Lot Size Acres: 1.25
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: RAMC01
  • Co List Office Phone: (505) 888-1000
  • Subdivision Name: TIERRA MADRE DE PLACITAS
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Bookcases, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Home Office, Kitchen Island, Multiple Living Areas, Separate Shower, Walk-In Closet(s)
  • Stories: 2
  • Private Spa: Yes
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Custom, Kiva, Wood Burning, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4601.0
  • Window Features: Clad, Double Pane Windows, Insulated Windows, Metal

Exterior Features

  • Exterior Features: Balcony, Courtyard, Deck, Fence, Hot Tub/Spa, Private Entrance, Patio, Private Yard
  • Roof: Flat
  • Fencing: Back Yard, Wall
  • Lot Features: Cul-De-Sac, Landscaped, Views
  • Pool Features: Gunite, Heated, In Ground, Pool Cover
  • Pool Private: Yes
  • View: Yes
  • Disclosures: RANM 2100 Disclosure, Restricted
  • Builder Name: Drew Owens
  • Construction Type: Frame, Stucco
  • Direction Faces: Northwest
  • Other Structures: Guest House, Storage
  • Patio And Porch Features: Balcony, Deck, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling, Multi Units
  • Electric: None
  • Heating: Radiant Floor, Radiant
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available
  • Water Source: Shared Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Placitas
  • High School: Bernalillo
  • Middle Or Junior School: Bernalillo

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54450.0
  • Parcel #: 1023073236319
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 5901.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Epstein Howard R and Sternberger Sara E
Bought by
Epstein Howard R and Sternberger Sara E
Current Estimated Value
$972,242

Purchase Details

Listed on
Jul 16, 2019
Closed on
Feb 18, 2021
Sold by
Mcreynolds Lawrence L and Mather Judith A
Bought by
Epstein Howard R and Sternberger Sara E
Seller's Agent
Renee Williams
Coldwell Banker Legacy
Buyer's Agent
Kristine Cannaday
Ida Kelly Realtors
List Price
$820,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$738,000
Outstanding Balance
$553,981
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$457,763

Purchase Details

Closed on
Apr 13, 2012
Sold by
Thornton Robert J and Thornton Joanne
Bought by
Mcreynolds
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
Epstein Howard R -- None Available
Epstein Howard R -- Stewart
Epstein Howard R -- Stewart Santa Fe
Mcreynolds -- Affiliated Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epstein Howard R $738,000
Closed Epstein Howard R $738,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold -- -- --
05/25/2023 05/25/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,000,000 +22.0% $217 / Sq Ft
02/18/2021 02/18/21 Sold -- -- --
12/03/2020 12/03/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $820,000 0.0% $187 / Sq Ft
09/14/2020 09/14/20 Price Changed $820,000 +2.6% $187 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $799,000 -2.6% $182 / Sq Ft
01/16/2020 01/16/20 Price Changed $820,000 -3.5% $187 / Sq Ft
10/24/2019 10/24/19 For Sale $850,000 0.0% $193 / Sq Ft
10/23/2019 10/23/19 Off Market -- -- --
07/26/2019 07/26/19 For Sale $850,000 -- $193 / Sq Ft
07/16/2019 07/16/19 Off Market -- -- --
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 $6,080 $321,712 $46,667 $275,045
2023 $6,080 $274,538 $25,000 $249,538
2022 $5,902 $266,542 $25,000 $241,542
2021 $4,490 $194,957 $25,000 $169,957
2020 $4,360 $189,279 $0 $0
2019 $4,395 $189,279 $0 $0
2018 $3,987 $189,279 $0 $0
2017 $3,389 $159,130 $0 $0
2016 $3,972 $154,496 $0 $0
2014 $3,844 $154,496 $0 $0
2013 -- $154,496 $31,514 $122,982
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1034469

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-073-236-319