$585,000
SOLD APR 4, 2025
Last list price

40 Aspen Rd Placitas, NM 87043

3 Beds
2 Baths
2,061 Sq Ft
2.41 Acres

Recently Sold

$284 Per Sq Ft

18 Days on Market

Highlights

  • Horses Allowed On Property
  • Custom Home
  • Deck
  • Solar Power System
  • 2.41 Acre Lot
  • Wood Burning Stove

About This Home

As of April 2025

Rare opportunity in Placitas! Lovingly cared for and updated home on 2.4 acres showcase amazing Views. Passive Solar, Trombe walls, Wood stove, New Windows and owned Solar panels make this warm home energy efficient. New synthetic stucco in 2022. Updated Kitchen with hardwood cabinetry, updated Primary Bath with walk-in Shower. Enjoy outdoor living and gorgeous sunsets on the deck off the Kitchen. Partially fenced garden area. Single Story. Community water, paved County maintained roads and No HOA.

Last Agent to Sell the Property

Mindy Prokos

La Puerta Real Estate Serv LLC License #37897 Listed on: 02/17/2025

Last Buyer's Agent

Katherine Jacob

Realty One of New Mexico License #47315

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1985

Lot Details

  • 2.41 Acre Lot
  • North Facing Home
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Tar and Gravel Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,061 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Fireplace Features Blower Fan
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Home Office
  • Utility Room
  • Brick Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by passive solar

Outdoor Features

  • Deck
  • Covered Courtyard

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Net Metering or Smart Meter
  • Natural Gas Not Available
  • Co-Op Water
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Built by Uknown
  • Ranchos De Placitas Unit 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number R045352

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 North to Placitas exit 242 - East on Hwy 165 approx.4. 5 miles to left on Juniper (Ranchos de Placitas). Follow Juniper past stop sign to right on Aspen to top of hill - follow as road curves the the right. House is the corner of Aspen and Spruce. Entry stairs or take paved path to the left of driveway.
  • Year Built: 1985
  • Horses: Yes
  • Lot Size Acres: 2.41
  • Road Surface Type: Paved
  • Subdivision Name: Ranchos De Placitas Unit 4
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: Blueprints available
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Brick
  • Appliances: Built-In Electric Range, Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Interior Amenities: Bookcases, Breakfast Area, Ceiling Fan(s), High Speed Internet, Home Office, Kitchen Island, Main Level Primary, Shower Only, Separate Shower, Cable TV, Utility Room, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Free Standing, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2061.0
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames

Exterior Features

  • Exterior Features: Courtyard, Deck
  • Roof: Pitched, Tar/Gravel
  • Lot Features: Corner Lot, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Uknown
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: North
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Net Meter
  • Heating: Baseboard, Passive Solar, Wood Stove
  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Fee Information

  • Association Fee Includes: None

Green Features

  • Green Power: Solar

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 104979.6
  • Parcel #: R045352
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2335.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 3, 2025
Sold by
Martin William Paul and Martin Dolores A
Bought by
Bostian Laura and Lawson Matthew
Seller's Agent
Mindy Prokos
La Puerta Real Estate Serv LLC
Buyer's Agent
Katherine Jacob
Realty One of New Mexico
List Price
$585,000
Views
95
Current Estimated Value
$570,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.15%
Original Mortgage
$440,250
Outstanding Balance
$438,370
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$131,963

Purchase Details

Listed on
Feb 11, 2015
Closed on
Jun 14, 2015
Sold by
Safier Orin
Bought by
Martin William Paul and Martin Dolores A
Seller's Agent
Mindy Prokos
La Puerta Real Estate Serv LLC
Buyer's Agent
Sandra Poling
La Puerta Real Estate Serv LLC
List Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$85,000
Interest Rate
3.91%
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 Type Sale Price Title Company
Warranty Deed -- First American Title Insurance
Warranty Deed -- Fidelity Natl Title Nm Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,250 New Conventional
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2025 04/04/25 Sold -- -- --
03/07/2025 03/07/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $585,000 +85.7% $284 / Sq Ft
06/15/2015 06/15/15 Sold -- -- -- View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $315,000 -- $153 / 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 $2,483 $108,308 $24,877 $83,431
2024 $2,335 $105,153 $24,343 $80,810
2023 $2,335 $102,091 $23,730 $78,361
2022 $2,263 $99,117 $23,529 $75,588
2021 $2,259 $96,230 $23,032 $73,198
2020 $2,189 $93,427 $0 $0
2019 $2,136 $90,706 $0 $0
2018 $1,811 $88,065 $0 $0
2017 $1,773 $85,500 $0 $0
2016 $2,124 $85,500 $0 $0
2014 $2,040 $83,670 $0 $0
2013 -- $81,670 $20,483 $61,187
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1078470

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-024-073-358-413