NOT LISTED FOR SALE

40 Palomas Rd Los Lunas, NM 87031

East Los Lunas Neighborhood

Estimated Value: $486,322 - $578,000

2 Beds
2 Baths
2,412 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 19, 2019

Current estimated payment $3,169/month

33 Days on Market

Highlights

  • Horses Allowed On Property
  • Pueblo Architecture
  • Separate Formal Living Room
  • Wood Burning Stove
  • 3 Fireplaces
  • Private Yard

About This Home

As of September 2019

Beautiful adobe home on an acre located at the end of a country road. This home boasts beautiful Southwest style with brick flooring, 2,412 sq ft, 2 bedrooms, 2 3/4 baths. Walk-in to the beautiful Foyer and be greeted with a fabulous Great Room with wood vigas, Kiva fireplace and French doors to outside. Country kitchen is 15x16 sq ft and has a large walk-in pantry. Master Suite with Kiva fireplace, walk-in closet and beautiful door to patio. Pella windows. New radiant heat boiler installed in 2019. All adobe exterior walls with 2'' rigid insulation.Corral for horses. Shop is 900 sq ft , heated and has a wood burning stove and outside storage loft. Lots of storage in separate tool shed. Property is completely fenced with 2 vehicle gates and a pedestrian gate.

Last Agent to Sell the Property

Nancy Montoya

Century 21 Champions License #6751 Listed on: 07/03/2019

Century 21 Champions

Last Buyer's Agent

Kyle Zimmerman

Realty One of New Mexico License #48727

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1992

Lot Details

  • 1 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Private Yard

Parking

  • 2 Carport Spaces

Home Design

  • Pueblo Architecture
  • Membrane Roofing
  • Rubber Roof
  • Stucco
  • Adobe

Interior Spaces

  • 2,412 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Stove
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Separate Formal Living Room
  • Brick Flooring
  • Washer and Dryer Hookup

Kitchen

  • Country Kitchen
  • Built-In Gas Oven
  • Built-In Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • Propane
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Built by Dreis

Listing and Financial Details

  • Assessor Parcel Number 1013039040094000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Hwy 47 to Valencia Road. East on Valencia to La Ladera, south to Jerome Road, then West to Palomas.
  • Listing Contract Date: 2019-07-03
  • Year Built: 1992
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Pueblo
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Brick
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Country Kitchen, Main Level Primary, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Custom, Kiva, Wood Burning Stove
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 2412.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fully Fenced, Private Yard, Propane Tank - Leased
  • Roof: Membrane, Rubber
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Dreis
  • Construction Type: Adobe, Stucco
  • Direction Faces: South
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Cooling: None
  • Heating: Baseboard, Radiant
  • Utilities: Electricity Connected, Propane, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1013039040094000000
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1717.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Sep 17, 2019
Sold by
Dreis Dempsey D and Dreis Janet K
Bought by
Cross Terry James and Linden Ginger K
Seller's Agent
Nancy Montoya
Century 21 Champions
Buyer's Agent
Kyle Zimmerman
Realty One of New Mexico
List Price
$304,900
Sold Price
$305,900
Premium/Discount to List
$1,000
0.33%
Total Days on Market
33
Current Estimated Value
$513,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,181
Avg. Annual Appreciation
9.48%
Original Mortgage
$244,720
Outstanding Balance
$217,144
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,937
Source: Public Records

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Range of Values:

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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
Cross Terry James -- Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cross Terry James $244,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold -- -- --
08/05/2019 08/05/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $304,900 -- $126 / 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
2024 $3,453 $111,421 $8,748 $102,673
2023 $3,391 $108,176 $8,748 $99,428
2022 $3,171 $105,025 $9,010 $96,015
2021 $3,188 $105,025 $9,010 $96,015
2020 $3,131 $101,967 $8,748 $93,219
2019 $1,805 $63,910 $8,748 $55,162
2017 $1,717 $62,417 $8,748 $53,669
2016 $1,634 $60,599 $8,748 $51,851
2015 -- $58,834 $8,748 $50,086
2013 -- $55,457 $8,748 $46,709
2011 -- $161,526 $25,479 $136,047
Source: Public Records

Agents Affiliated with this Home

  • Nancy Montoya

    Seller's Agent in 2019

    Nancy Montoya

    Century 21 Champions

    (505) 480-2121

    49 in this area

    483 Total Sales

    Nancy Montoya
    Section Image
  • Kyle Zimmerman

    Buyer's Agent in 2019

    Kyle Zimmerman

    Realty One of New Mexico

    (505) 228-2107

    132 Total Sales

    Kyle Zimmerman
    Section Image
See All Agents

Map

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

MLS Number: 948556

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-039-040-094-000000

New Mexico Valencia County Los Lunas 87031 East Los Lunas

40 Palomas Rd, Los Lunas, NM

This home is located at 40 Palomas Rd, Los Lunas, NM 87031 since 03 July 2019 and is currently estimated at $513,081, approximately $212 per square foot. This property was built in 1992. 40 Palomas Rd is a home located in Valencia County with nearby schools including Valencia Elementary School, Valencia Middle School, and Valencia High School.

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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