NOT LISTED FOR SALE

380 Penny Ln Corrales, NM 87048

Corrales Area

Estimated Value: $721,166 - $730,000

3 Beds
2.5 Baths
2,490 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2025

Current estimated payment $4,386 / mo

74 Days on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Separate Formal Living Room
  • Corrales Elementary School Rated A-
  • 2 Fireplaces
  • Private Yard

About This Home

As of July 2025

No Open House Sunday. Breath-Taking Views of the Sandia Mountains! Brilliant Sunrises, Captivating Sunsets, Bright Moon Risings. High Quality Build - Immaculate Condition - Pride of Ownership! Beamed ceilings. Separate wing Owner's Suite features Kiva fireplace, spa bath, walk in closet, office. Dream Chef's kitchen; large pantry. Stunning Wall of View Windows; serene East View laden courtyard with bubbling fountain, relaxing portals, pergola, raised privacy wall and inviting re-imagined landscape. Coveted South Village of Corrales ''in town country.' Quick access to Cottonwood Mall, local pubs, dining, historic sites, trails, acequias, greenbelt, International Airport, Downtown, AF Base. Corrales is 'safest city' and 'horse capital' of New Mexico. New septic system in 2020.

Last Agent to Sell the Property

Venturi Realty Group

Real Broker Listed on: 03/18/2025

Real Broker

Last Buyer's Agent

Janis Fensterer

Realty One of New Mexico License #46826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot
  • East Facing Home
  • Xeriscape Landscape
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Northern New Mexico Architecture
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,490 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Separate Formal Living Room
  • Open Floorplan
  • Home Office
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Radiant Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R052919

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,240

Year Built

Built in 2000

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Meadowlark or Sagebrush go north on Loma Larga to Penny Lane. Take a hard left/west on Penny Lane go up the hill. Home is on the right.
  • Year Built: 2000
  • Lot Size Acres: 1.0
  • Architectural Style: Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, Range Hood
  • Interior Amenities: Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, Home Office, Jack and Jill Bath, Jetted Tub, Living/Dining Room, Main Level Primary, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Kiva
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2490.28
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Private Yard, Sprinkler/Irrigation
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Landscaped, Sprinklers Automatic, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Radiant
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private, 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

Green Features

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: R052919
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 5239.6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jul 10, 2025
Sold by
Bought by
Seller's Agent
Venturi Realty Group
Real Broker
Buyer's Agent
Janis Fensterer
Realty One of New Mexico
List Price
$725,000
Views
208
Current Estimated Value
$725,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$353,500
Outstanding Balance
$350,122
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$375,420

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 23, 2019
Sold by
Bought by
Seller's Agent
Sandi Pressley
Coldwell Banker Legacy
Buyer's Agent
Venturi Realty Group
Real Broker
List Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$392,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Old Republic National Title In
-- Fatico
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $353,500
Previous Owner $392,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2025 07/17/25 Sold -- -- --
06/10/2025 06/10/25 Pending -- -- --
06/10/2025 06/10/25 Price Changed $708,500 -1.1% $285 / Sq Ft
05/30/2025 05/30/25 Price Changed $716,500 -0.4% $288 / Sq Ft
05/20/2025 05/20/25 Price Changed $719,500 -0.8% $289 / Sq Ft
03/28/2025 03/28/25 For Sale $725,000 +48.0% $291 / Sq Ft
08/23/2019 08/23/19 Sold -- -- -- View Prior Sale
07/16/2019 07/16/19 Price Changed $490,000 +1.0% $205 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $485,000 -- $203 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,323 $172,868 $35,147 $137,721
2024 $5,240 $167,833 $34,077 $133,756
2023 $5,240 $162,946 $33,330 $129,616
2022 $5,085 $158,199 $0 $0
2021 $5,105 $153,592 $32,621 $120,971
2020 $4,956 $149,119 $0 $0
2019 $2,373 $81,634 $0 $0
2018 $2,280 $79,256 $0 $0
2017 $2,086 $76,948 $0 $0
2016 $2,339 $74,707 $0 $0
2014 $2,266 $74,707 $0 $0
2013 -- $66,532 $15,123 $51,409
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2025

    Janis Fensterer

    Realty One of New Mexico

    (505) 379-9360

    48 Total Sales

    Janis Fensterer
    Section Image
  • Sandi Pressley

    Seller's Agent in 2019

    Sandi Pressley

    Coldwell Banker Legacy

    (505) 293-3700

    917 Total Sales

    Sandi Pressley
    Section Image
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Map

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

MLS Number: 1080270

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-068-142-142

New Mexico Sandoval County Corrales 87048

380 Penny Ln, Corrales, NM

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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