$1,375,000
OPEN SAT 12PM - 3PM $225K PRICE DROP

240 E Valverde Rd Corrales, NM 87048

Estimated payment $7,791/month

Total Views 23,180
5 Beds
5 Baths
5,320 Sq Ft
$258 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Pueblo Architecture
  • Corrales Elementary School Rated A-
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

Classic Quintessential East- Side Corrales 5320sf adobe masterpiece with detached Casita. Situated in the heart of the village within short distance to Wagner Farms, Restaurants, art galleries, breweries and all the amenities the village has to offer. Main home: 4bd, 3 Ba with wood floors, beams, Kivas, Stunning viga FP(2) stacked rock, nichos, bancos, adobe pony walls, stainless gourmet kitchen, and more. Stunning secluded primary suite offers coved ceilings, plaster, stunning views. 1330 SF detached guesthouse with kiva fp, full kitchen, bedroom, living areas beautifully appointed. Resort-like 1.64 bosque acres with walled courtyards, Portales, ramadas, raised planting beds and several serene living areas. visit www.corrales-nm.org to learn more about this piece of history.

Listing Agent

Franky Armendariz

Coldwell Banker Legacy License #REC20240653 Listed on: 03/18/2025

Coldwell Banker Legacy

Co-Listing Agent

Evangeline Pena

Coldwell Banker Legacy License #54316

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,358

Year Built

  • Built in 1971

Lot Details

  • 1.67 Acre Lot
  • West Facing Home
  • Landscaped
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Zoning described as A-1

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Stucco
  • Adobe

Interior Spaces

  • 5,320 Sq Ft Home
  • Property has 2 Levels
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Utility Room
  • Property Views

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Water Feature
  • Covered Courtyard

Schools

  • Corrales Elementary School
  • Taylor Middle School
  • Cibola High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R121319

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,358

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda and Corrales Rd. North on Corrales Rd. East on East Valaverde.
  • Listing Contract Date: 2025-02-26
  • Year Built: 1971
  • Horses: Yes
  • Lot Size Acres: 1.67
  • Road Surface Type: Gravel
  • Co List Office Mls Id: CBLR06
  • Co List Office Phone: (505) 898-2700
  • Architectural Style: Pueblo
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: 4097

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dryer, Refrigerator, Range Hood, Washer
  • Interior Amenities: Beamed Ceilings, Bookcases, Ceiling Fan(s), Separate/Formal Dining Room, Jetted Tub, Kitchen Island, Multiple Living Areas, Multiple Primary Suites, Utility Room
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 5320.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Courtyard, Privacy Wall, Private Yard, Water Feature
  • Roof: Flat, Mixed
  • Fencing: Wall
  • Lot Features: Garden, Lawn, Landscaped, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Stucco
  • Direction Faces: West
  • Other Structures: Garage(s), Residence
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 72745.2
  • Parcel #: R121319
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 6358.32

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $6,646 $181,410 $84,008 $97,402
2024 $6,358 $176,126 $81,899 $94,227
2023 $6,358 $170,996 $80,807 $90,189
2022 $6,171 $166,016 $79,292 $86,724
2021 $6,097 $161,181 $77,622 $83,559
2020 $5,917 $156,486 $0 $0
2019 $5,464 $151,929 $0 $0
2018 $5,266 $147,503 $0 $0
2017 $4,833 $143,207 $0 $0
2016 $5,295 $139,036 $0 $0
2014 $5,092 $139,036 $0 $0
2013 -- $137,036 $75,150 $61,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $1,375,000 -5.1% $258 / Sq Ft
07/10/2025 07/10/25 Price Changed $1,449,000 -6.5% $272 / Sq Ft
05/08/2025 05/08/25 Price Changed $1,549,999 -3.1% $291 / Sq Ft
03/25/2025 03/25/25 For Sale $1,600,000 -- $301 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Grant Deed $457,187 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $473,500 New Conventional
Closed $365,750 No Value Available
Source: Public Records

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

MLS Number: 1080300

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-068-486-042

New Mexico Sandoval County Corrales 87048

240 E Valverde Rd, Corrales, NM

This home is located at 240 E Valverde Rd, Corrales, NM 87048 and is currently priced at $1,375,000, approximately $258 per square foot. This property was built in 1971. 240 E Valverde Rd 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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Listing Agent
Franky Armendariz
Section Image
Coldwell Banker Legacy
(505) 560-3655