NOT LISTED FOR SALE

31 Tunnel Springs Rd Placitas, NM 87043

Estimated Value: $686,000 - $830,000

3 Beds
3.5 Baths
3,344 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 06, 2020

Current estimated payment $4,446/month

9 Days on Market

Highlights

  • Guest House
  • Custom Home
  • Wood Flooring
  • Horses Allowed On Property
  • Deck
  • 3 Fireplaces

About This Home

As of March 2020

ADOBE ON 2 ACRES NEAR NATIONAL FOREST! $520,000. Spacious 2,520 sq ft Santa Fe Style Adobe + beautiful 824 sq ft Casita, as well as 396 sq ft Artist's Studio & oversize 2 car garage. Less than a mile down the road from National Forest, just 1/3 mile off Highway 165. Main house has 2 bdrms, 2 living rms, office, kitchen, formal DR & sun rm. (The 2nd bedroom used to be 2nd & 3rd bdrms; it could easily be divided into 2.) Beam ceilings in nearly every room! Remodeled kitchen w/ Viking stove! Passive solar design takes advantage of excellent Sandia views & there is a wonderful west portal & deck to enjoy the sunsets & views of Cabezon! Guest casita is just 5 years old and is stunning! Artist's studio has 220 electric, is heated and cooled. 2 acres of beautiful rolling land with no covenants

Last Agent to Sell the Property

Dave Harper

Placitas Realty Inc. License #14820 Listed on: 01/05/2020

Last Buyer's Agent

Kristi Bowen

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1981

Lot Details

  • 2 Acre Lot
  • Dirt Road
  • North Facing Home
  • Private Entrance
  • Gated Home
  • Privacy Fence
  • Xeriscape Landscape
  • Zoning described as RRA

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Pueblo Architecture
  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Membrane Roofing
  • Rubber Roof
  • Synthetic Stucco Exterior
  • Adobe

Interior Spaces

  • 3,344 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Wood Frame Window
  • Casement Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Washer and Propane Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Shower Only
  • Separate Shower

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Covered Courtyard
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Placitas Elementary School
  • Bernalillo Middle School
  • Bernalillo High School

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • Underground Utilities
  • Propane
  • Shared Well
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Additional Features

  • Heating system powered by passive solar
  • Guest House
  • Horses Allowed On Property

Community Details

  • Built by Custom

Listing and Financial Details

  • Assessor Parcel Number 1025072306455

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,535

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 Placitas Exit (242), then go east 5 miles on Highway 165. Turn right on Tunnel Springs Rd and go 1/4 mile south to property on right.
  • Listing Contract Date: 2020-01-05
  • Year Built: 1981
  • Horses: Yes
  • Lot Size Acres: 2.0
  • Lot Size: 224
  • Road Frontage Type: Service Road
  • Road Surface Type: Dirt
  • Architectural Style: Custom, Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Brick, Concrete, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Range Hood, Water Softener Owned, Wine Cooler
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Bookcases, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Home Office, In-Law Floorplan, Multiple Living Areas, Main Level Master, Shower Only, Skylights, Separate Shower, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Kiva, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3344.0
  • Window Features: Casement Window(s), Clad, Double Pane Windows, Insulated Windows, Metal, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Deck, Fence, Private Entrance, Patio, Privacy Wall, Storage, Propane Tank - Owned
  • Roof: Membrane, Pitched, Rubber, Tile
  • Fencing: Gate
  • Lot Features: Landscaped, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Adobe, Frame, Stucco, Synthetic Stucco
  • Direction Faces: North
  • Other Structures: Guest House, Workshop
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: None
  • Heating: Baseboard, Propane, Passive Solar, Combination
  • Utilities: Cable Connected, Electricity Connected, Propane, Phone Connected, Underground Utilities, Water Connected
  • Water Source: Shared Well
  • Laundry Features: Propane Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Placitas
  • High School: Bernalillo
  • Middle Or Junior School: Bernalillo

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 87120.0
  • Parcel #: 1025072306455
  • Zoning Description: RRA

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1535.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Manning Michelle L and Pitss David S
Bought by
Manning Michelle L
Current Estimated Value
$779,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Outstanding Balance
$358,786
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$420,547

Purchase Details

Listed on
Jan 5, 2020
Closed on
Mar 5, 2020
Sold by
Rice Finley Elizabeth
Bought by
Manning Michelle L and Pitts David S
Seller's Agent
Dave Harper
Placitas Realty Inc.
Buyer's Agent
Kristi Bowen
RE/MAX SELECT
List Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$456,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Rice Finley E
Bought by
Rice Finley Elizabeth
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
Manning Michelle L -- Title Alliance
Manning Michelle L -- Title Alliance
Manning Michelle L -- First American Title Ins Co
Rice Finley Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manning Michelle L $402,000
Closed Manning Michelle L $402,000
Previous Owner Manning Michelle L $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2020 03/06/20 Sold -- -- --
01/14/2020 01/14/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $520,000 -- $156 / 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
2025 $3,767 $175,588 $28,045 $147,543
2024 $3,692 $170,473 $27,338 $143,135
2023 $3,692 $165,509 $26,667 $138,842
2022 $3,585 $160,689 $26,667 $134,022
2021 $3,593 $156,009 $26,667 $129,342
2020 -- $0 $0 $0
2018 -- $0 $0 $0
2013 -- $60,509 $18,940 $41,569
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 959954

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-025-072-305-450