NOT LISTED FOR SALE

40 Placitas Trails Rd Placitas, NM 87043

Estimated Value: $485,000 - $518,973

3 Beds
2 Baths
1,979 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2025

Current estimated payment $2,881 / mo

28 Days on Market

Highlights

  • Meadow
  • Pueblo Architecture
  • Great Room
  • Wood Flooring
  • 2 Fireplaces
  • Private Yard

About This Home

As of February 2025

A Southwestern Oasis Awaits in PlacitasThis enchanting adobe-style residence, nestled on 1.38 acres of pristine homestead, offers a harmonious blend of rustic charm and modern comfort. A captivating courtyard entrance beckons you into this idyllic retreat, where exposed wooden beams lend a touch of rustic elegance to the open-concept living spaces.The heart of the home boasts a beautifully appointed kitchen, adorned with exquisite tile work and equipped with all appliances. Cozy up by the warmth of two inviting Kiva fireplaces - one gas and one wood-burning - perfect for enjoying cool evenings.

Last Agent to Sell the Property

James Shive

Keller Williams Realty License #46378 Listed on: 12/13/2024

Keller Williams Realty

Last Buyer's Agent

Dave Harper

Placitas Realty Inc. License #14820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1987

Lot Details

  • 1.38 Acre Lot
  • North Facing Home
  • Landscaped
  • Meadow
  • Private Yard
  • Zoning described as CD-WP

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Pueblo Architecture
  • Flat Roof Shape
  • Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,979 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Single Hung Metal Windows
  • Great Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Gazebo
  • Shed

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Co-Op Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R047983

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,061

Year Built

Built in 1987

Lot Details

1.38 Acres

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North on I-25 to Exit 242. East on main Placitas Hwy. less than one mile to Trails Rd West - North on Trails Rd West, then immediate right on Placitas Trails Rd East. Follow to #40
  • Year Built: 1987
  • Lot Size Acres: 1.38
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Architectural Style: Pueblo, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Built-In Electric Range, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Bathtub, Ceiling Fan(s), Dual Sinks, Great Room, Garden Tub/Roman Tub, Kitchen Island, Main Level Primary, Skylights, Soaking Tub, Separate Shower, Water Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Kiva, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1979.0
  • Window Features: Metal, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Privacy Wall, Private Yard
  • Roof: Flat, Tar/Gravel
  • Fencing: Wall
  • Lot Features: Landscaped, Meadow, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame
  • Direction Faces: North
  • Other Structures: Gazebo, Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: R047983
  • Zoning Description: CD-WP

Tax Info

  • Tax Annual Amount: 2060.68

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
Dec 13, 2024
Closed on
Feb 18, 2025
Sold by
Bought by
Seller's Agent
James Shive
Keller Williams Realty
Buyer's Agent
Dave Harper
Placitas Realty Inc.
List Price
$485,000
Views
102
Current Estimated Value
$501,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$424,350
Outstanding Balance
$421,828
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$79,415
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
-- Centric Title
-- Centric Title
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 $424,350
Closed $424,350
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
02/18/2025 02/18/25 Sold -- -- --
01/10/2025 01/10/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $485,000 0.0% $245 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $485,000 -- $245 / 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 $2,041 $92,370 $22,845 $69,525
2024 $2,061 $92,370 $26,147 $66,223
2023 $2,061 $92,370 $14,844 $77,526
2022 $2,061 $92,370 $17,425 $74,945
2021 $2,128 $92,370 $18,591 $73,779
2020 $2,128 $92,371 $0 $0
2019 $2,145 $92,371 $0 $0
2018 $1,946 $92,371 $0 $0
2017 $2,556 $120,016 $0 $0
2016 $3,086 $120,016 $0 $0
2014 $2,986 $120,016 $0 $0
2013 -- $120,016 $19,305 $100,711
Source: Public Records

Agents Affiliated with this Home

  • James Shive

    Seller's Agent in 2025

    James Shive

    Keller Williams Realty

    (505) 803-8903

    128 Total Sales

    James Shive
    Section Image
  • Dave Harper

    Buyer's Agent in 2025

    Dave Harper

    Placitas Realty Inc.

    (505) 263-2266

    136 Total Sales

    Dave Harper
    Section Image
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Map

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

MLS Number: 1075247

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-073-135-340

New Mexico Sandoval County Placitas 87043

40 Placitas Trails Rd, Placitas, 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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