NOT LISTED FOR SALE

2676 Corrales Rd Corrales, NM 87048

Estimated Value: $785,000 - $1,091,000

3 Beds
3.5 Baths
3,486 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 16, 2020

Current estimated payment $5,749/month

25 Days on Market

Highlights

  • Guest House
  • Greenhouse
  • 2 Acre Lot
  • Corrales Elementary School Rated A-
  • Two Primary Bedrooms
  • Meadow

About This Home

As of January 2020

Spectacular custom home located on a gated 2 acre wooded property in the heart of corrales! Horses welcome! Home features 3,486sf with 3 bedrooms, 3. bathrooms, 2 living areas, 2 masters and a 945sf guest house. Beautiful kitchen with original brick floors, upgraded cabinetry, granite countertops, built-in double oven, cooktop, prep island w/ butcher block and a huge bar with seating area. Spacious family room with built-ins and a custom bar perfect when entertaining. Master suites both with fully remodeled baths! One is handicap accessible! Refrigerated air! Many upgrades throughout! Guest house with a kitchen, living area, bedroom and bath perfect inlaws quarters! Easy access to Albuquerque or Rio Rancho!

Last Agent to Sell the Property

Joseph Maez

The Maez Group License #17921 Listed on: 11/26/2019

Last Buyer's Agent

Temple Daniels

Simply Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1974

Lot Details

  • 2 Acre Lot
  • Southwest Facing Home
  • Meadow
  • Wooded Lot
  • Private Yard
  • Zoning described as A-2

Parking

  • 3 Carport Spaces

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,486 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Utility Room
  • Washer and Dryer Hookup
  • Cooktop

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Patio
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Taylor Middle School
  • Cibola High School

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Refrigerated Cooling System
  • Forced Air Heating System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Cadillo Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1014066498172

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,260

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Go north on Corrales Rd from Alameda. Will be on the right side as you enter Corrales about 0.8 mile in.
  • Year Built: 1974
  • Lot Size Acres: 2.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Cadillo Acres
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Brick, Carpet, Wood
  • Appliances: Cooktop
  • Interior Amenities: Wet Bar, Bookcases, Ceiling Fan(s), Separate/Formal Dining Room, Home Office, In-Law Floorplan, Multiple Living Areas, Main Level Master, Multiple Master Suites, Utility Room, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3486.0
  • Window Features: Single Pane
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Private Yard, Storage
  • Roof: Flat, Tar/Gravel
  • Lot Features: Meadow, Wooded
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: Southwest
  • Other Structures: Guest House, Greenhouse, Workshop
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 3.0

Utilities

  • Cooling: Evaporative Cooling, Refrigerated, 2 Units
  • Heating: Central, Forced Air
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Private, Well
  • Laundry Features: Other, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 1014066498172
  • Zoning Description: A-2

Tax Info

  • Tax Annual Amount: 3259.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jan 16, 2020
Sold by
Rachel Matthew Dev Corp
Bought by
Franklin Barbara A and Rubi Joanna M
Seller's Agent
Joseph Maez
The Maez Group
Buyer's Agent
Temple Daniels
Simply Real Estate
List Price
$499,000
Current Estimated Value
$972,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$399,200
Interest Rate
3.6%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Aug 19, 2019
Sold by
Lamuraglia Kendra Lynn and Johnson Tammy Sue
Bought by
Rachel Matthew Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,300,059
Interest Rate
5.5%
Mortgage Type
Commercial
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
Franklin Barbara A -- None Listed On Document
Franklin Barbara A $499,000 None Available
Rachel Matthew Development Corporation -- Old Republic Natl Ttl Isn Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Barbara A $399,200
Previous Owner Rachel Matthew Development Corporation $4,300,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2020 01/16/20 Sold -- -- --
12/21/2019 12/21/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $499,000 -- $143 / 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
2025 $8,421 $230,140 $85,792 $144,348
2024 $8,282 $223,436 $82,961 $140,475
2023 $8,282 $216,928 $80,128 $136,800
2022 $8,040 $210,610 $76,011 $134,599
2021 $9,177 $238,629 $76,011 $162,618
2020 $8,962 $233,037 $0 $0
2019 $4,223 $119,867 $0 $0
2018 $3,984 $116,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 958340

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-066-498-172