NOT LISTED FOR SALE

40 Mulberry Loop Cedar Crest, NM 87008

San Antonito Neighborhood

Estimated Value: $402,000 - $543,030

3 Beds
3 Baths
2,595 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 22, 2025

Current estimated payment $2,605/month

22 Days on Market

Highlights

  • Double Pane Windows
  • Refrigerated Cooling System
  • Forced Air Heating System
  • San Antonito Elementary School Rated A-
  • Tile Flooring
  • 2 Car Garage

About This Home

As of August 2025

Opportunity Knocks at 40 Mulberry!Back on the market due to buyer financing--not due to any fault of the home--this beautifully maintained, turnkey investment property is ready for a new owner. With inspections already completed and a quick closing possible, this is your chance to secure a truly move-in ready asset with minimal hassle. Don't let this one slip away! Escape the hustle and bustle of city life and enjoy the serenity of mountain living. This beautiful home is nestled in the picturesque mountains of Cedar Crest, offering a peaceful retreat while still being just a 20-minute drive from Albuquerque! Enjoy the best of both worlds - the tranquility of nature with the convenience of a short commute to the city.

Last Agent to Sell the Property

Richard Gonzales

Oso Elite Realty License #REC20221109 Listed on: 06/28/2025

Co-Listed By

Savannah Zazpe

Oso Elite Realty License #REC20230602

Last Buyer's Agent

Abel Jaquez

Coldwell Banker Mountain Prop. License #54744

Coldwell Banker Mountain Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • North Facing Home
  • Zoning described as A-2

Parking

  • 2 Car Garage

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 2,595 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Insulated Windows
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • San Antonito Elementary School
  • Roosevelt Middle School
  • Manzano High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 103006236420040218

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-40 to exit 175 -- take NM 14 North for 5 miles to right on Ridge Dr. --first right on Mulberry Loop, all the way around Loop ,property on right.
  • Year Built: 1973
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: OSER01
  • Co List Office Phone: (505) 477-0400
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2595.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: None
  • Roof: Pitched, Shingle
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: San Antonito
  • High School: Manzano
  • Middle Or Junior School: Roosevelt

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 103006236420040218
  • Zoning Description: A-2

Tax Info

  • Tax Annual Amount: 3500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2025
Closed on
Aug 15, 2025
Sold by
Wolfe Ashley and Eliot-Wolfe Caroline K
Bought by
Lara Samuel Quinones and Rivera Grachy Arballo
Seller's Agent
Richard Gonzales
Oso Elite Realty
Buyer's Agent
Abel Jaquez
Coldwell Banker Mountain Prop.
List Price
$445,000
Views
70
Current Estimated Value
$442,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.02%
Original Mortgage
$15,000
Outstanding Balance
$14,539
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$427,469

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 16, 2022
Sold by
Michael Bow Ivan
Bought by
Wolfe Ashley and Wolfe Caroline
Seller's Agent
Brandon Vargas
Coldwell Banker Legacy
Buyer's Agent
Gilbert Gallegos
Realty One of New Mexico
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
5.29%
Original Mortgage
$324,950
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2017
Closed on
Feb 12, 2018
Sold by
Edward Andrew Llc
Bought by
Bow Michael
Seller's Agent
Casa Dream Team
RE/MAX PROS
Buyer's Agent
Kellie Boozer
Coldwell Banker Legacy
List Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$321,530
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lara Samuel Quinones -- None Listed On Document
Wolfe Ashley -- Old Republic National Title
Bow Michael -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Samuel Quinones $15,000
Open Lara Samuel Quinones $386,648
Previous Owner Wolfe Ashley $324,950
Previous Owner Bow Michael $321,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold -- -- --
07/20/2025 07/20/25 Pending -- -- --
07/10/2025 07/10/25 Price Changed $399,999 -10.1% $154 / Sq Ft
06/28/2025 06/28/25 For Sale $445,000 +41.3% $171 / Sq Ft
03/17/2022 03/17/22 Sold -- -- -- View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $315,000 0.0% $121 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $315,000 -3.1% $121 / Sq Ft
02/12/2018 02/12/18 Sold -- -- -- View Prior Sale
01/09/2018 01/09/18 Pending -- -- --
08/31/2017 08/31/17 For Sale $325,000 -- $125 / 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 $3,555 $121,248 $17,715 $103,533
2024 $3,555 $117,717 $17,199 $100,518
2023 $3,500 $114,288 $16,698 $97,590
2022 $2,727 $91,475 $17,715 $73,760
2021 $2,634 $88,811 $17,199 $71,612
2020 $2,590 $86,224 $16,698 $69,526
2019 $2,609 $86,858 $16,698 $70,160
2018 $1,747 $86,858 $16,698 $70,160
2017 $0 $59,243 $7,267 $51,976
Source: Public Records

Agents Affiliated with this Home

  • Richard Gonzales

    Seller's Agent in 2025

    Richard Gonzales

    Oso Elite Realty

    (505) 480-7001

    1 in this area

    144 Total Sales

    Richard Gonzales
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    Savannah Zazpe

    Oso Elite Realty

    (575) 496-6373

    1 in this area

    7 Total Sales

    Savannah Zazpe
    Section Image
  • Abel Jaquez

    Buyer's Agent in 2025

    Abel Jaquez

    Coldwell Banker Mountain Prop.

    (505) 603-4767

    1 in this area

    38 Total Sales

    Abel Jaquez
    Section Image

  • B

    Seller's Agent in 2022

    Brandon Vargas

    Coldwell Banker Legacy

    (505) 393-9730

    1 in this area

    8 Total Sales

    Brandon Vargas
    Section Image

  • G

    Buyer's Agent in 2022

    Gilbert Gallegos

    Realty One of New Mexico

  • J

    Buyer Co-Listing Agent in 2022

    Jason Brown

    EXP Realty LLC

    (505) 554-3873

    1 in this area

    13 Total Sales

    Jason Brown
    Section Image
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Map

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

MLS Number: 1086942

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-030-062-361195-4-02-17

New Mexico Bernalillo County Cedar Crest 87008 San Antonito

40 Mulberry Loop, Cedar Crest, NM

Not Listed for Sale

Detached

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