NOT LISTED FOR SALE

23 Tierra Madre Ct Placitas, NM 87043

Estimated Value: $969,000 - $1,015,000

5 Beds
3.5 Baths
3,852 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 20, 2018

Current estimated payment $6,072/month

72 Days on Market

Highlights

  • In Ground Pool
  • Outdoor Fireplace
  • High Ceiling
  • Custom Home
  • Hydromassage or Jetted Bathtub
  • Private Yard

About This Home

As of July 2018

Price Reduction-Original Price $639,000. PRIVACY! PRIVACY! DRAMATIC VIEWS! CASITA! POOL! Beautiful Santa Fe Style high quality construction home with a total of 5 fireplaces. Has lovely outdoor living space with pool. Detached casita. The home is surrounded by a courtyard wall with low maintenance landscaping. Enjoy your own private compound. The gourmet kitchen is centrally located -open to family room and dining room with high-end appliances and a bar area with an icemaker. Stucco and evaporative coolers are newer. Master closet to die for. The home is conveniently located near I-25.The best of Placitas living.Owner is anxious to sell

Last Agent to Sell the Property

Patricia Bartolotta

Re/Max Alliance, REALTORS License #33994 Listed on: 03/14/2018

Re/Max Alliance, REALTORS

Co-Listed By

Edwin Quintana

Re/Max Alliance, REALTORS License #46201

Last Buyer's Agent

Thomas Pannullo

Albuquerque West Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,536

Year Built

  • Built in 1991

Lot Details

  • 1.94 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Xeriscape Landscape
  • Sprinkler System
  • Private Yard

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Pueblo Architecture
  • Frame Construction
  • Pitched Roof
  • Tar and Gravel Roof
  • Metal Roof
  • Synthetic Stucco Exterior
  • Adobe

Interior Spaces

  • 3,852 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • 5 Fireplaces
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Wood Frame Window
  • Sliding Doors
  • Entrance Foyer
  • Multiple Living Areas
  • Sunken Living Room
  • Home Office
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Cover
  • Screen Enclosure

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Covered Courtyard

Schools

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

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Shared Well
  • Septic Tank

Community Details

  • Built by Johnson Cobb
  • Tierra Madre De Placitas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1023073222363

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,536

Year Built

Built in 1991

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 to Placitas exit 242. East 2 miles to Tierra Madre Rd. on the left. Go North and turn right at 1st stop sign. Turn left at #23 at end of cul de sac. It's the home on the left with stucco wall around courtyard.
  • Listing Contract Date: 2018-03-12
  • Year Built: 1991
  • Lot Size Acres: 1.94
  • Co List Office Mls Id: RMAL01
  • Co List Office Phone: (505) 298-9999
  • Subdivision Name: Tierra Madre De Placitas
  • Architectural Style: Custom, Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Stone
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Indoor Grill, Microwave, Refrigerator, Range Hood, Trash Compactor
  • Interior Amenities: Beamed Ceilings, Bookcases, Ceiling Fan(s), Dining Area, Dressing Area, Dual Sinks, Entrance Foyer, High Ceilings, Home Office, Jack and Jill Bath, Jetted Tub, Multiple Living Areas, Main Level Master, Pantry, Sunken Living Room, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Custom, Glass Doors, Kiva, Outside
  • Fireplaces: 5
  • Fireplace: Yes
  • Living Area: 3852.0
  • Window Features: Clad, Double Pane Windows, Insulated Windows, Metal, Wood Frames

Exterior Features

  • Exterior Features: Courtyard, Privacy Wall, Private Yard, Sprinkler/Irrigation
  • Roof: Metal, Pitched, Tar/Gravel
  • Fencing: Wall
  • Lot Features: Cul-De-Sac, Landscaped, Views, Xeriscape
  • Pool Features: Gunite, In Ground, Pool Cover, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Johnson Cobb
  • Construction Type: Adobe, Frame, Synthetic Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling, 2 Units
  • Heating: Natural Gas, Radiant, Zoned
  • Water Source: Shared Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84506.4
  • Parcel #: 1023073222363
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 4536.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Martin Kevin A and Covin Carl L
Bought by
Martin Kevin August and Covin Carl Lee
Current Estimated Value
$993,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,950
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
Covin Carl L and Martin Kevin A
Bought by
Martin Kevin A and Covin Carl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2018
Closed on
Jul 9, 2018
Sold by
Wilson Thurman Lee and Wilson Sharon
Bought by
Covvin Carl L and Martin Kevin A
Seller's Agent
Patricia Bartolotta
Re/Max Alliance, REALTORS
Buyer's Agent
Thomas Pannullo
Albuquerque West Properties
List Price
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$444,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Martin Kevin August -- First American Title Co
Martin Kevin A -- Old Republic Natl Ttl Ins
Covvin Carl L -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin A Martin A $150,000
Open Kevin A Martin A $548,000
Closed Martin Kevin August $543,000
Closed Martin Kevin August $404,950
Closed Martin Kevin A $432,000
Closed Covvin Carl L $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold -- -- --
05/25/2018 05/25/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $639,000 -- $166 / 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 $5,014 $233,558 $26,685 $206,873
2023 $5,014 $226,755 $25,000 $201,755
2022 $4,867 $220,151 $25,000 $195,151
2021 $4,296 $188,496 $25,000 $163,496
2020 $4,169 $183,006 $0 $0
2019 $4,249 $183,006 $0 $0
2018 $3,996 $189,689 $0 $0
2017 $3,922 $184,164 $0 $0
2016 $4,735 $184,164 $0 $0
2014 $4,582 $184,164 $0 $0
2013 -- $184,164 $31,514 $152,650
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 913358

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-073-222-363