NOT LISTED FOR SALE

3 Mustang Rd Edgewood, NM 87015

Estimated Value: $247,000 - $277,442

3 Beds
2 Baths
1,336 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 21, 2023

Current estimated payment $1,536/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • Greenhouse
  • Wooded Lot
  • Edgewood Middle School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of February 2023

Welcome to this charming home on a lush, manicured acre and a quarter in Edgewood. Enjoy the canopy of the Weeping Willow tree creating a private oasis. Property includes a greenhouse, workshop(electric) and a storage shed. Cover porch and a sunroom add extra living space. Fresh updates include flooring, paint, new dishwasher/stove and bathrooms. Plumbing in home has been replaced 11/22. Septic Inspection completed. Nature brings serenity to this home with the Vibrant New Mexico sky. Discover the wildlife such as deer, rabbits, hummingbirds, & squirrels. Close to I40, and easy commute to ABQ, Labs and KAFB.

Last Agent to Sell the Property

Sandi Pressley

Coldwell Banker Legacy License #14871 Listed on: 12/06/2022

Coldwell Banker Legacy

Last Buyer's Agent

Elias Medina

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $571

Year Built

  • Built in 1994

Lot Details

  • 1.25 Acre Lot
  • North Facing Home
  • Private Entrance
  • Corner Lot
  • Sprinkler System
  • Wooded Lot
  • Lawn
  • Garden

Home Design

  • Metal Roof
  • Modular or Manufactured Materials
  • Masonite

Interior Spaces

  • 1,336 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Connected
  • Co-Op Water
  • Water Softener is Owned
  • Septic Tank

Additional Features

  • Water-Smart Landscaping
  • Horses Allowed On Property
  • Mobile Home is 28 x 52 Feet

Community Details

  • Built by Oakwood
  • Oakwood

Listing and Financial Details

  • Assessor Parcel Number 096006827

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$571

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Manufactured Home
  • Directions: East On I-40 From Albuquerque To Exit 187 (Edgewood). North on Hwy344 To Mustang Road. West on Mustang Road To Mustang Lane.
  • Listing Contract Date: 2022-09-29
  • Model: Oakwood
  • Year Built: 1994
  • Horses: Yes
  • Lot Size Acres: 1.25
  • Road Surface Type: Gravel, Paved
  • Garage Yn: No
  • Unit Levels: One
  • Mobile Length: 52
  • Mobile Width: 28
  • New Construction: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Manufactured Home
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood, Water Softener Owned, Washer
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dual Sinks, Entrance Foyer, Great Room, Garden Tub/Roman Tub, High Ceilings, Main Level Master, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1336.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Deck, Private Entrance, Patio, Water Feature, Sprinkler/Irrigation
  • Roof: Metal
  • Lot Features: Corner Lot, Garden, Lawn, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Oakwood
  • Construction Type: Modular/Prefab, Masonite
  • Direction Faces: North
  • Other Structures: Greenhouse, Storage, Workshop
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 54450.0
  • Parcel #: 096006827
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 570.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Pennington Laura Diane
Bought by
Lark Christopher Q
Current Estimated Value
$261,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,038
Outstanding Balance
$218,681
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$51,778

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 21, 2023
Sold by
Charles M Gideon And Carolyn C Gideon Re
Bought by
Pennington Laura Diane
Seller's Agent
Sandi Pressley
Coldwell Banker Legacy
Buyer's Agent
Elias Medina
Keller Williams Realty
List Price
$255,000
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$242,250
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Gideon Charles M
Bought by
Gideon Charles M and Gideon Carolyn C

Purchase Details

Closed on
Dec 18, 2008
Sold by
Gideon Charles M and Gideon Carolyn C
Bought by
Gideon Charles M and Gideon Carolyn C

Purchase Details

Closed on
Sep 20, 2002
Sold by
Conseco Finance Servicing Corp
Bought by
Gideon Charles M and Gideon Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
6.21%
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
Lark Christopher Q -- Fidelity National Title
Lark Christopher Q -- Fidelity National Title
Pennington Laura Diane -- First American Title
Gideon Charles M -- None Available
Gideon Charles M -- None Available
Gideon Charles M -- Rio Grande Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lark Christopher Q $220,038
Closed Lark Christopher Q $220,038
Previous Owner Pennington Laura Diane $242,250
Previous Owner Gideon Charles M $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold -- -- --
12/10/2022 12/10/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $255,000 -- $191 / 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 $1,355 $184,617 $32,500 $152,117
2023 $650 $84,011 $24,400 $59,611
2022 $644 $81,565 $23,690 $57,875
2021 $571 $26,397 $7,666 $18,731
2020 $544 $26,115 $6,666 $19,449
2019 $533 $25,354 $6,666 $18,688
2018 $563 $24,616 $6,666 $17,950
2017 $546 $23,899 $6,666 $17,233
2016 $535 $25,500 $6,667 $18,833
2015 $605 $27,973 $7,500 $20,473
2014 $603 $27,945 $7,493 $20,453
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1026687

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 096006827