NOT LISTED FOR SALE

416 Camino Arco Iris Corrales, NM 87048

Estimated Value: $718,000 - $965,000

4 Beds
3.5 Baths
3,720 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 27, 2023

Current estimated payment $4,595/month

70 Days on Market

Highlights

  • Two Primary Bedrooms
  • Contemporary Architecture
  • 2 Fireplaces
  • Corrales Elementary School Rated A-
  • Main Floor Primary Bedroom
  • High Ceiling

About This Home

As of June 2023

A breathtaking one-of-a-kind contemporary southwest home in the heart of Corrales! Enjoy mountain VIEWS from multiple outdoor patios w/ pergolas, vines & Wistaria surrounding! Unique touches throughout include nichos, exposed wood & adobe, plaster walls & brick flooring! Open floorplan w/ tons of natural light and all bedrooms separate from eachother make it suitable for multi-generational living, Airbnbs or families. Primary guest suite on main level w/separate entrance & a second primary suite upstairs w/balcony & stunning mountain VIEWS! Gourmet kitchen w/ kitchenAide stainless steel appliances that include a double oven & wine cooler-perfect for entertaining! .75 acre lot is very private as its fully fenced & spacious side yard allows space for RV or boat. A truly enchanting oasis!

Last Agent to Sell the Property

Delilah Valdez

Keller Williams Realty License #49536 Listed on: 03/31/2023

Keller Williams Realty

Last Buyer's Agent

Anita Maestas

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1980

Lot Details

  • 0.76 Acre Lot
  • South Facing Home
  • Private Entrance
  • Gated Home
  • Property is Fully Fenced
  • Water-Smart Landscaping
  • Sprinkler System
  • Private Yard
  • Zoning described as Y11

Home Design

  • Contemporary Architecture
  • Pueblo Architecture
  • Frame Construction
  • Metal Roof
  • Foam Roof
  • Stucco
  • Adobe

Interior Spaces

  • 3,720 Sq Ft Home
  • Property has 2 Levels
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Entrance Foyer
  • Multiple Living Areas
  • Sunken Living Room
  • Home Office
  • Security Gate
  • Property Views

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Brick
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Covered Courtyard
  • Outdoor Storage

Schools

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

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic Tank
  • Cable TV Not Available

Community Details

  • Casas De La Tierra Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015068210170

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,670

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda Blvd NW turn right onto Ellison Dr which turns into Loma Larga Rd. Turn left on Camino Arco Iris the property will be on the right.
  • Listing Contract Date: 2023-03-21
  • Year Built: 1980
  • Lot Size Acres: 0.76
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Casas De La Tierra
  • Architectural Style: Contemporary, Pueblo
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Brick, Tile, Vinyl
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Bathtub, Ceiling Fan(s), Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Home Office, Kitchen Island, Multiple Living Areas, Main Level Master, Multiple Master Suites, Pantry, Skylights, Soaking Tub, Separate Shower, Sunken Living Room, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3720.0
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Balcony, Courtyard, Fully Fenced, Patio, Private Yard, RV Parking/RV Hookup, Sprinkler/Irrigation, Private Entrance
  • Roof: Foam, Metal
  • Fencing: Gate
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe, Frame, Stucco
  • Direction Faces: South
  • Other Structures: Storage
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Central Air, Evaporative Cooling, 2 Units
  • Electric: None
  • Heating: Baseboard, Hot Water, Radiant
  • Utilities: Cable Not Available, Electricity Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

  • Elementary School: Corrales
  • High School: Cibola
  • Middle Or Junior School: Taylor

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33105.6
  • Parcel #: 1015068210170
  • Zoning Description: Y11

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1669.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Trail House Llc
Bought by
Arco Iris Investments Llc
Current Estimated Value
$817,032

Purchase Details

Closed on
Jan 2, 2025
Sold by
Montoya Robert and Wagner Chantelle
Bought by
Trail House Llc and Wagner Chantelle

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 29, 2023
Sold by
Fiala Jan
Bought by
Arco Iris Investments Llc
Seller's Agent
Delilah Valdez
Keller Williams Realty
Buyer's Agent
Anita Maestas
Coldwell Banker Legacy
List Price
$750,000
Views
345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
May 18, 2020
Sold by
Fiala Jan and Mierra Fiala Susi
Bought by
Fiala Jan and Mierra Fiala Susi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2016
Sold by
Fiala Jan and Fiala Susan A
Bought by
Fiala Jan and Fiala Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Arco Iris Investments Llc $618,376 None Listed On Document
Arco Iris Investments Llc $618,376 None Listed On Document
Trail House Llc -- First American Title Insurance
Trail House Llc -- First American Title Insurance
Montoya Robert -- First American Title Insurance
Arco Iris Investments Llc -- First American Title Insurance
Arco Iris Investments Llc -- First American Title Insurance
Montoya Robert -- None Listed On Document
Fiala Jan -- First American Title Ins Co
Fiala Jan -- Fidelity Natl Title San Pedr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fiala Jan $357,000
Previous Owner Fiala Jan $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold -- -- --
06/10/2023 06/10/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $725,000 -3.3% $195 / Sq Ft
03/31/2023 03/31/23 For Sale $750,000 -- $202 / 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 $1,720 $253,545 $41,943 $211,602
2023 $1,720 $52,825 $14,489 $38,336
2022 $1,670 $51,286 $14,325 $36,961
2021 $1,655 $49,792 $14,072 $35,720
2020 $1,607 $48,342 $0 $0
2019 $1,473 $46,935 $0 $0
2018 $1,418 $45,567 $0 $0
2017 $1,301 $44,241 $0 $0
2016 $1,462 $42,952 $0 $0
2014 $1,376 $41,702 $0 $0
2013 -- $40,487 $12,681 $27,806
Source: Public Records

Agents Affiliated with this Home

  • Delilah Valdez

    Seller's Agent in 2023

    Delilah Valdez

    Keller Williams Realty

    (505) 363-7296

    2 in this area

    87 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Anita Maestas

    Coldwell Banker Legacy

See All Agents

Map

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

MLS Number: 1031871

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-068-210-170

New Mexico Sandoval County Corrales 87048

416 Camino Arco Iris, Corrales, NM

This home is located at 416 Camino Arco Iris, Corrales, NM 87048 since 31 March 2023 and is currently estimated at $842,051, approximately $226 per square foot. This property was built in 1980. 416 Camino Arco Iris is a home located in Sandoval County with nearby schools including Corrales Elementary School, Cibola High School, and Sandia View Elementary 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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