NOT LISTED FOR SALE

309 Faculty Ln Corrales, NM 87048

Estimated Value: $1,080,000 - $1,462,000

4 Beds
4.5 Baths
4,453 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 19, 2012

Current estimated payment $7,567/month

138 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Wooded Lot
  • Corrales Elementary School Rated A-
  • Custom Home
  • Cathedral Ceiling

About This Home

As of October 2012

Impressive Corrales Estate is a magical, inviting entertainers paradise. The main house with 3300 SF showcases an exquisite GREAT room with exceptionally high ceilings and a dramatic kiva fireplace. The master is luxurious, complemented by 2 bedroom suites with private full baths & an office or 4th bedroom. The 1150 SF guest house is built in the same beautiful SW style. The grounds are fully landscaped and include a Pizza Oven, Grill, Fire pit, fruit trees & garden

Last Agent to Sell the Property

Carol Sauder

Coldwell Banker Legacy License #37972 Listed on: 04/30/2012

Coldwell Banker Legacy

Last Buyer's Agent

Kevin Mullaney

LPT Realty License #REC20240734

LPT Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,488

Year Built

  • Built in 2002

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Sprinklers on Timer
  • Wooded Lot
  • Private Yard
  • Lawn

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 4,453 Sq Ft Home
  • Property has 1 Level
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Thermal Windows
  • Wood Frame Window
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Brick Flooring
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Covered Courtyard
  • Fire Pit
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Corrales Elementary School
  • Taft Middle School
  • Cibola High School

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Well
  • Septic Tank

Additional Features

  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1017068513451

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,488

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Take Corrales Road north to Academy turn left-west to Faculty Lane turn left continue all the way to the end of Cul-de-sac the numbers are not in order.
  • Year Built: 2002
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Architectural Style: Custom, Pueblo
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 10 - 15
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Brick
  • Appliances: Convection Oven, Cooktop, Double Oven, Dishwasher, Disposal, Microwave, Self Cleaning Oven
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Great Room, Home Office, In-Law Floorplan, Jetted Tub, Main Level Master, Tub Shower, Water Closet(s), Walk-In Closet(s), Central Vacuum
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Kiva, Wood Burning, Fire Pit
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4453.0
  • Window Features: Thermal Windows, Wood Frames
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Fully Fenced, Fire Pit, Outdoor Grill, Outdoor Kitchen, Patio, Private Yard, Storage, Sprinkler/Irrigation
  • Roof: Flat, Pitched
  • Lot Features: Cul-De-Sac, Lawn, Landscaped, Sprinklers Automatic, Trees, Views
  • Pool Private: No
  • View: Yes
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Other Structures: Guest House
  • Patio And Porch Features: Patio

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Refrigerated, 2 Units
  • 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: Taft

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1017068513451
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 5488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Mullaney Kevin P and Mullaney Meryl K
Bought by
Kevin P Mullaney And Meryl K Mullaney Revocab and Mullaney
Current Estimated Value
$1,265,527

Purchase Details

Closed on
Oct 1, 2020
Sold by
Herman James
Bought by
Mullaney Kevin and Mullaney Meryl

Purchase Details

Listed on
Apr 30, 2012
Closed on
Oct 16, 2012
Sold by
Collins Gerald L and Collins Jeanne M
Bought by
James Herman and Herman Debra
Seller's Agent
Carol Sauder
Coldwell Banker Legacy
Buyer's Agent
Kevin Mullaney
LPT Realty
List Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$540,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Kevin P Mullaney And Meryl K Mullaney Revocab -- None Listed On Document
Kevin P Mullaney And Meryl K Mullaney Revocab -- None Listed On Document
Mullaney Kevin -- Old Republic Title
Mullaney Kevin -- Old Republic Title
James Herman $675,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Herman $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold -- -- --
09/15/2012 09/15/12 Pending -- -- --
04/30/2012 04/30/12 For Sale $850,000 -- $191 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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 $11,781 $317,906 $63,763 $254,143
2024 $11,274 $308,646 $62,677 $245,969
2023 $11,274 $299,657 $62,268 $237,389
2022 $10,946 $305,533 $59,990 $245,543
2021 $11,362 $296,634 $56,667 $239,967
2020 $9,856 $257,304 $0 $0
2019 $9,104 $249,810 $0 $0
2018 $8,777 $242,534 $0 $0
2017 $8,059 $235,470 $0 $0
2016 $8,834 $228,612 $0 $0
2014 $8,495 $228,612 $0 $0
2013 -- $221,954 $50,000 $171,954
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 733000

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-068-513-451