NOT LISTED FOR SALE

3 E Rachel Ln Corrales, NM 87048

Estimated Value: $640,000 - $766,020

3 Beds
3 Baths
2,300 Sq Ft
$311/Sq Ft Est. Value

About This Home

This home is located at 3 E Rachel Ln, Corrales, NM 87048 and is currently estimated at $716,255, approximately $311 per square foot. 3 E Rachel Ln is a home located in Sandoval County with nearby schools including Corrales Elementary School and Cibola High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Smith Revocable Trust
Bought by
Smith Revocable Trust
Current Estimated Value
$705,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,000
Outstanding Balance
$1,035,579
Interest Rate
5.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$330,804

Purchase Details

Closed on
Apr 13, 2020
Sold by
Smith Mary Elizabeth and Smith Ara Grace
Bought by
Smith Mary Elizabeth and Smith Ara Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2013
Sold by
Wells Fargo Finl Of Nm
Bought by
Smith
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Smith Revocable Trust -- New Title Company Name
Smith Revocable Trust -- Centric Title And Escrow
Smith Mary Elizabeth -- Amrock
Smith Mary Elizabeth -- Amrock
Smith -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Revocable Trust $1,038,000
Closed Smith Revocable Trust $1,038,000
Previous Owner Smith Mary Elizabeth $258,000
Closed Smith Revocable Trust $692,000
Source: Public Records

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 $4,992 $159,998 $37,850 $122,148
2023 $4,992 $155,339 $36,670 $118,669
2022 $4,845 $150,814 $36,264 $114,550
2021 $4,751 $146,422 $35,056 $111,366
2020 $4,658 $142,157 $0 $0
2019 $4,268 $138,017 $0 $0
2018 $4,108 $133,997 $0 $0
2017 $3,766 $130,095 $0 $0
2016 $4,232 $126,306 $0 $0
2014 $4,100 $126,306 $0 $0
2013 -- $134,420 $45,530 $88,890
Source: Public Records

Map

New Mexico Sandoval County Corrales 87048

3 E Rachel Ln, Corrales, NM

This home is located at 3 E Rachel Ln, Corrales, NM 87048 and is currently estimated at $716,255, approximately $311 per square foot. 3 E Rachel Ln is a home located in Sandoval County with nearby schools including Corrales Elementary School and Cibola High School.

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