NOT LISTED FOR SALE

3 Palomino Ct Edgewood, NM 87015

Estimated Value: $574,138 - $628,000

4 Beds
3 Baths
3,707 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 21, 2024

Current estimated payment $3,414/month

279 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Forced Air Heating System
  • Edgewood Middle School Rated A-
  • Water Softener is Owned
  • Ceiling Fan

About This Home

As of October 2024

Welcome to your peaceful property located in the East Mountains just outside the town of Edgewood. This property comes with downstairs master bedroom with walk in shower and closet. Take a few steps to your exercise room with deluxe swim spa/pool/hot tub with full bath. Spacious floorplan with endless views from every window. Property has separate entrance in-law suite with full kitchen, bath, living/dining room. Ideal property for rental income, Airbnb or extra family member. Fully fenced with solar gate and plenty of parking and storage for all your projects. Easy access to the Freeway, convenient to Albuquerque or Santa Fe with mountain views. Living room has wood burning fireplace, this property offers endless possibilities with green house, Come enjoy the simple life!

Last Agent to Sell the Property

Mark Price

Hallmark Realty Listed on: 12/07/2023

Last Buyer's Agent

Mark Price

Hallmark Realty Listed on: 12/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1988

Lot Details

  • 1 Acre Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3,707 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Washer

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Water Softener is Owned
  • Cable TV Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number 098600184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,903

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: From Albuquerque, take I-40 East to the Edgewood exit. Turn right and head south on Edgewood 7. Turn right onto Moriarty, keep left at the curve as it turns into Duke Rd, turn right onto W Willard Rd, turn left onto Steeplechase and then left onto Palomino. House first on the left, on the corner.
  • Year Built: 1988
  • Lot Size Acres: 1.0
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Range Hood, Water Softener Owned, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Living Area: 3707.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Brick, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 098600184
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2902.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Oct 16, 2024
Sold by
Geyer Casey
Bought by
Price Mark and Pearcy Larissa
Seller's Agent
Mark Price
Hallmark Realty
Buyer's Agent
Mark Price
Hallmark Realty
List Price
$650,000
Views
138
Current Estimated Value
$602,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Jun 23, 2020
Sold by
Thomas Christian A and Thomas Sandra M
Bought by
Geyer Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,800
Outstanding Balance
$282,592
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$320,193

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 4, 2018
Sold by
Farmer Jack M and Farmer Arlene J
Bought by
Thomas Christian A and Geyer Casey S
Seller's Agent
Lindsay Schwebke
Realty One of New Mexico
Buyer's Agent
Margaret Ebbens
Consumer Advantage RE Services
List Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$320,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Price Mark $600,000 Fidelity National Title
Geyer Casey -- None Available
Thomas Christian A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geyer Casey $318,800
Previous Owner Thomas Christian A $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold -- -- --
09/16/2024 09/16/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $630,000 -3.1% $170 / Sq Ft
07/24/2024 07/24/24 For Sale $650,000 0.0% $175 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $650,000 +85.7% $175 / Sq Ft
05/08/2018 05/08/18 Sold -- -- -- View Prior Sale
03/25/2018 03/25/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $350,000 -- $101 / 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 $3,032 $376,173 $20,708 $355,465
2023 $2,967 $365,217 $20,105 $345,112
2022 $2,903 $354,581 $19,520 $335,061
2021 $2,829 $114,751 $6,317 $108,434
2020 $2,765 $111,409 $6,133 $105,276
2019 $2,719 $108,165 $6,133 $102,032
2018 $2,276 $90,561 $6,133 $84,428
2017 $2,171 $87,923 $6,127 $81,796
2016 $1,920 $85,363 $5,950 $79,413
2015 $1,917 $82,877 $5,777 $77,100
2014 $1,941 $82,499 $5,771 $76,728
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 1054182

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 098600184