NOT LISTED FOR SALE

305 Faculty Ln Corrales, NM 87048

Estimated Value: $754,764 - $943,000

3 Beds
2.5 Baths
2,602 Sq Ft
$323/Sq Ft Est. Value

Last Sold April 01, 2014

Current estimated payment $5,145/month

112 Days on Market

Highlights

  • Horses Allowed On Property
  • Sitting Area In Primary Bedroom
  • Hydromassage or Jetted Bathtub
  • Corrales Elementary School Rated A-
  • Custom Home
  • 2 Fireplaces

About This Home

As of April 2014

Impressive home w/upscale horse facility. Classic NM territorial architecture w/Saltillo tile flrs, hand-crafted light fixtures, solid wood-beamed & coffered-tin ceilings, custom art/paint finish details. Open flr plan provides forever views of Sandia Mtns from living, kitchen, & east-facing covered patio. Non-smoking owner has carefully maintained the property. Horse facility incl. 3 stalls+tack/storage, lrg arena, quality pipe fencing, trailer access & prkng. Miles of riding trls 2 blks away.

Last Agent to Sell the Property

Donald Plunkett

Congress Realty, Inc License #16640 Listed on: 10/02/2013

Last Buyer's Agent

Val Hart

Val Hart Real Estate, Inc. License #9524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Sprinklers on Timer
  • Lawn
  • Zoning described as A-1

Parking

  • 3 Car Attached Garage
  • Multiple Garage Doors
  • Garage Door Opener

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 2,602 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Home Office
  • Tile Flooring
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Schools

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

Horse Facilities and Amenities

  • Livestock Equipment
  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Water-Smart Landscaping
  • Covered Patio or Porch

Community Details

  • Built by Passage Const.
  • Tierra De Maize Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1017068471482

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,002

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda & Corrales Rd, North on Corrales Road approximately 4 miles. Left on Academy (Sandia View School on left), Left on Faculty (First left turn past school open space), First house on left through subdivision pillars.
  • Year Built: 2000
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: Tierra De Maize
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Convection Oven, Cooktop, Double Oven, Dishwasher, Microwave, Refrigerator, Range Hood, Water Softener Owned, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Dual Sinks, Home Office, Jetted Tub, Main Level Master, Pantry, Sitting Area in Master, Skylights, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Other Equipment: Livestock Equipment, Satellite Dish
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Gas Log, Kiva
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2602.0
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence, Sprinkler/Irrigation
  • Roof: Flat, Pitched
  • Fencing: Back Yard
  • Lot Features: Lawn, Sprinklers Automatic, Sprinkler System, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Builder Name: Passage Const.
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Door-Multi, Garage, Two Car Garage, Garage Door Opener

Utilities

  • Cooling: Refrigerated
  • Heating: Natural Gas, Radiant, Zoned
  • Water Source: Well
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1017068471482
  • Zoning Description: A-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 5002.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Mar 28, 2014
Sold by
Picker Judith
Bought by
Hemphill David Lee and Hemphill Rebecca
Seller's Agent
Donald Plunkett
Congress Realty, Inc
Buyer's Agent
Val Hart
Val Hart Real Estate, Inc.
List Price
$535,000
Current Estimated Value
$841,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$476,527
Outstanding Balance
$363,033
Interest Rate
4.32%
Mortgage Type
VA
Estimated Equity
$472,038

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 15, 2012
Sold by
Caruso Cynthia M and Caruso Patricia A
Bought by
Picker Judith E
Seller's Agent
Joe Schifani
Affordable Realty Services Inc
Buyer's Agent
Non Member
DO NOT USE
List Price
$469,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
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
Hemphill David Lee -- Stewart
Picker Judith E -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemphill David Lee $476,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold -- -- --
01/21/2014 01/21/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $535,000 +13.9% $206 / Sq Ft
03/15/2012 03/15/12 Sold -- -- --
02/19/2012 02/19/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $469,900 -- $178 / 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 $6,697 $189,523 $55,430 $134,093
2023 $6,697 $184,003 $54,333 $129,670
2022 $6,496 $178,644 $53,177 $125,467
2021 $6,414 $173,441 $51,363 $122,078
2020 $6,220 $168,389 $0 $0
2019 $5,739 $163,485 $0 $0
2018 $5,527 $158,723 $0 $0
2017 $5,069 $154,100 $0 $0
2016 $5,549 $149,612 $0 $0
2014 $4,170 $118,226 $0 $0
2013 -- $152,980 $50,000 $102,980
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Donald Plunkett

    Congress Realty, Inc

  • V

    Buyer's Agent in 2014

    Val Hart

    Val Hart Real Estate, Inc.

  • J

    Seller's Agent in 2012

    Joe Schifani

    Affordable Realty Services Inc

    (505) 889-4565

    9 in this area

    298 Total Sales

    Joe Schifani
    Section Image

  • N

    Buyer's Agent in 2012

    Non Member

    DO NOT USE

See All Agents

Map

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

MLS Number: 770398

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-068-471-482

New Mexico Sandoval County Corrales 87048

305 Faculty Ln, Corrales, NM

This home is located at 305 Faculty Ln, Corrales, NM 87048 since 02 October 2013 and is currently estimated at $841,691, approximately $323 per square foot. This property was built in 2000. 305 Faculty Ln 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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