NOT LISTED FOR SALE

34 Camino Arco Iris Corrales, NM 87048

Estimated Value: $714,000 - $778,076

4 Beds
2 Baths
2,799 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2023

Current estimated payment $4,604 / mo

13 Days on Market

Highlights

  • Barn
  • Arena
  • 4 Fireplaces
  • Corrales Elementary School Rated A-
  • Pueblo Architecture
  • Private Yard

About This Home

As of November 2023

Corrales Gem!! This beautiful custom home offers a 2799 square foot main home, 430 square foot Casita, barn and turnout for your horses. With remodeled kitchen and baths this home has true Corrales charm. Sit on the patio and enjoy the sounds of a custom waterfall. Plus, there is plenty of room on this 1.35 acer property to enjoy all of what Corrales has to offer.

Last Agent to Sell the Property

Christopher Sandoval

MORE Realty, Inc License #REC20230084 Listed on: 09/29/2023

Co-Listed By

Lauren Lovato

MORE Realty, Inc License #53897

Last Buyer's Agent

Erik Garcia

Garcia Real Estate License #18929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,964

Year Built

  • Built in 1967

Lot Details

  • 1.34 Acre Lot
  • Property fronts a private road
  • West Facing Home
  • Landscaped
  • Backyard Sprinklers
  • Private Yard
  • Lawn
  • Zoning described as A-1

Home Design

  • Pueblo Architecture
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Stucco
  • Adobe

Interior Spaces

  • 2,799 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • 4 Fireplaces

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Garden Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Arena

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Natural Gas Connected
  • Shared Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1015068329091

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,964

Year Built

Built in 1967

Lot Details

1.34 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda turn North on Ellison, that turns into Loma Larga. Go North on Loma Larga to Camino Arco Iris. Turn left (West) on Camino Arco Iris. Property is on the right.
  • Year Built: 1967
  • Horses: Yes
  • Lot Size Acres: 1.34
  • Road Frontage Type: City Street, Private Road
  • Co List Office Mls Id: MORR01
  • Co List Office Phone: (505) 333-9522
  • Architectural Style: Pueblo
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Brick, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Garden Tub/Roman Tub, Main Level Primary, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Custom, Kiva
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 2799.0
  • Window Features: Single Pane
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Private Yard
  • Roof: Rolled/Hot Mop
  • Fencing: Wall
  • Lot Features: Sprinklers In Rear, Lawn, Landscaped, Sprinklers Partial
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Frame, Stucco
  • Direction Faces: West
  • Other Structures: Arena, Barn(s), Residence
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling, Multi Units
  • Heating: Baseboard
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Shared Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses
  • Horse Amenities: Arena
  • Land Lease: No
  • Lot Size Sq Ft: 58370.4
  • Parcel #: 1015068329091
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 5964.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 30, 2023
Sold by
Wall James H
Bought by
Lammers William Matthew and Lammers Selena Dawn
Seller's Agent
Christopher Sandoval
MORE Realty, Inc
Buyer's Agent
Erik Garcia
Garcia Real Estate
List Price
$750,000
Views
341
Current Estimated Value
$747,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$305,000
Outstanding Balance
$300,062
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$447,207

Purchase Details

Closed on
Aug 31, 2015
Sold by
34 Camino Arco Iris Llc
Bought by
Wall James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,800
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
Orange Dragonfly Llc
Bought by
34 Camino Arco Iris Llc

Purchase Details

Closed on
Aug 1, 2014
Sold by
Orange Dragonfly Llc
Bought by
34 Camino Arco Iris Llc
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
Lammers William Matthew -- Old Republic National Title
Wall James H -- Old Republic Natl Title Ins
34 Camino Arco Iris Llc -- Ort
34 Camino Arco Iris Llc $500,000 Ort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lammers William Matthew $305,000
Previous Owner Wall James H $307,800
Closed 34 Camino Arco Iris Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold -- -- --
10/13/2023 10/13/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $750,000 -- $268 / 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 $7,704 $247,200 $75,687 $171,513
2024 $6,143 $300,854 $74,291 $226,563
2023 $6,143 $188,705 $44,612 $144,093
2022 $5,964 $183,210 $0 $0
2021 $5,912 $177,873 $42,820 $135,053
2020 $5,739 $172,693 $0 $0
2019 $5,260 $167,663 $0 $0
2018 $5,066 $162,780 $0 $0
2017 $4,646 $158,039 $0 $0
2016 $5,223 $153,436 $0 $0
2014 $2,047 $62,064 $0 $0
2013 -- $60,257 $21,187 $39,070
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1042283

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-068-329-091

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