NOT LISTED FOR SALE

38 Kailey Loop Edgewood, NM 87015

Estimated Value: $445,000 - $571,000

3 Beds
2 Baths
2,029 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 22, 2024

Current estimated payment $3,072/month

42 Days on Market

Highlights

  • Custom Home
  • Cathedral Ceiling
  • Lawn
  • South Mountain Elementary School Rated A-
  • Great Room
  • Home Office

About This Home

As of July 2024

*ASSUMABLE LOAN FOR QUALIFIED BUYERS AT 5.625% INTEREST RATE. Introducing a pristine Northern NM style mountain retreat only 19 miles from ABQ and at the top off a cup-de-sac! This newer custom, single-story haven boasts 3 bedrooms & 2 bathrooms, offering modern comfort in a tranquil setting. Admire majestic views of South Mountain from every angle. Step inside to discover an inviting open floor plan, adorned w/ knotty, quality-alder wood cabinetry, beamed cathedral ceilings, & elegant granite countertops. Experience luxury w/ 8 ft solid wood doors, stainless steel appliances, spacious pantry & a cozy fireplace. Efficiency meets sophistication w/ a tankless water heater, water softener, refrigerated AC, natural gas-- no propane, H2O co-op, & a 90+% high efficiency furnace.

Last Agent to Sell the Property

Randell Campbell

Campbell & Campbell Real Estat License #14915 Listed on: 05/01/2024

Co-Listed By

Ronald Campbell

Campbell & Campbell Real Estat

Last Buyer's Agent

Tamara Groves

Realty One Group Concierge License #51265

Realty One Group Concierge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,043

Year Built

  • Built in 2023

Lot Details

  • 1 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • South Facing Home
  • Back Yard Fenced
  • Xeriscape Landscape
  • Partial Sprinkler System
  • Lawn
  • Zoning described as A-1

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Custom Home
  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,029 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Home Office
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Bar
  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • South Mountain Elementary School
  • Edgewood Middle School
  • Moriarty High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Co-Op Water
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Built by PMC Construction

Listing and Financial Details

  • Assessor Parcel Number 910003903

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,043

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Exit I-40 to NM-344 N; continue on NM-344 N for 2.4 miles, turn right onto Venus Rd E continue for 1.6 miles turn left onto Express Dr continue for 0.3 miles, turn left onto Kailey Loop; arrive at 38 Kailey Loop
  • Year Built: 2023
  • Lot Size Acres: 1.0
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: CAMB01
  • Co List Office Phone: (505) 821-7666
  • Architectural Style: Custom, Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Water Softener Owned
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Dual Sinks, Great Room, Home Office, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2029.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Roof: Metal, Pitched
  • Fencing: Back Yard
  • Lot Features: Cul-De-Sac, Lawn, Landscaped, Sprinklers Partial, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: PMC Construction
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Oversized

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: South Mountain
  • High School: Moriarty
  • Middle Or Junior School: Edgewood

Green Features

  • Green Power: None
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 910003903
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 4042.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jul 16, 2024
Sold by
Ross Alexander M and Ross Taylor N
Bought by
Usrey Brenden and Usrey Nicole
Seller's Agent
Randell Campbell
Campbell & Campbell Real Estat
Buyer's Agent
Tamara Groves
Realty One Group Concierge
List Price
$519,500
Views
23
Current Estimated Value
$518,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$484,405
Outstanding Balance
$477,754
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$40,922

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 16, 2023
Sold by
Montgomery Steve
Bought by
Ross Alexander M and Ross Taylor N
Seller's Agent
Ashley Herring
Weichert, Realtors Image
Buyer's Agent
Taylor Ross
Campbell & Campbell Real Estat
List Price
$489,900
Views
207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$457,323
Interest Rate
6.09%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 2022
Sold by
Ohlsen Family Trust
Bought by
Montgomery Steve
Source: Public Records
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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
Usrey Brenden -- Fidelity National Title
Ross Alexander M -- Fidelity National Title
Montgomery Steve -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Usrey Brenden $484,405
Previous Owner Ross Alexander M $457,323
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2024 07/22/24 Sold -- -- --
06/14/2024 06/14/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $509,900 -1.8% $251 / Sq Ft
05/30/2024 05/30/24 For Sale $519,500 0.0% $256 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $519,500 -1.0% $256 / Sq Ft
05/03/2024 05/03/24 For Sale $525,000 +7.2% $259 / Sq Ft
03/16/2023 03/16/23 Sold -- -- -- View Prior Sale
02/21/2023 02/21/23 Pending -- -- --
11/15/2022 11/15/22 For Sale $489,900 +1345.1% $241 / Sq Ft
05/18/2022 05/18/22 Sold -- -- -- View Prior Sale
02/07/2022 02/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $33,900 -- --
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 $4,313 $559,358 $20,250 $539,108
2024 $4,183 $519,019 $30,250 $488,769
2023 $4,043 $497,588 $30,250 $467,338
2022 $242 $23,250 $23,250 $0
2021 $218 $6,999 $6,999 $0
2020 $187 $5,999 $5,999 $0
2019 $188 $5,999 $5,999 $0
2018 $188 $5,999 $5,999 $0
2017 $185 $5,999 $5,999 $0
2016 $172 $6,000 $6,000 $0
2015 $68 $2,333 $2,333 $0
2014 $69 $2,331 $2,331 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1061780

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 910003903