$825,000
$375K PRICE DROP

43 Tierra Madre Rd Placitas, NM 87043

Estimated payment $5,010/month

Total Views 23,358
3 Beds
3 Baths
3,669 Sq Ft
$225 Price per Sq Ft

Highlights

  • Covered Arena
  • Custom Home
  • Wooded Lot
  • Spa
  • Deck
  • 1 Fireplace

About This Home

Discover your private, quiet retreat in this beautifully appointed home, featuring breathtaking views and an abundance of natural light. The spacious layout includes a huge primary bedroom & bath, perfect for relaxation and tranquility. Options abound with many large rooms for either workspace, artistry, games or additional bedrooms! Separate large heated workshop for all projects plus tons of storage throughout the interior & exterior of the home. Beautiful courtyard area & large back deck for outdoor entertaining while enjoying the views of the Sandia! Just minutes from I-25 and groceries/restaurants right down the street! Don't miss the chance to own this unique gem that exudes comfort & serenity!

Listing Agent

Jody MacGillivray

Desert Oasis Realty License #REC20240232 Listed on: 07/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,115

Year Built

  • Built in 1988

Lot Details

  • 1.67 Acre Lot
  • West Facing Home
  • Gated Home
  • Landscaped
  • Wooded Lot
  • Private Yard

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Mountain Architecture
  • Frame Construction
  • Stucco
  • Adobe
  • Stone

Interior Spaces

  • 3,669 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Sliding Doors
  • Entrance Foyer
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Convection Oven
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Outdoor Water Feature
  • Covered Courtyard
  • Fire Pit
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Placitas Elementary School

Horse Facilities and Amenities

  • Grass Field
  • Covered Arena

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Radiant Heating System
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Shared Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Tierra Madre De Placitas HOA, Phone Number (505) 710-1693
  • Built by Custom
  • Tierra Madre Subdivision

Listing and Financial Details

  • Assessor Parcel Number R096190

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,115

Year Built

Built in 1988

Lot Details

0

HOA Fees

$5 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 north to exit 242; east on Hwy 165 to Tierra Madre Rd; north to your new home on the left.
  • Listing Contract Date: 2024-07-11
  • Year Built: 1988
  • Lot Size Acres: 1.67
  • Road Surface Type: Paved
  • Subdivision Name: Tierra Madre
  • Architectural Style: Custom, Mountain
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Convection Oven, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
  • Interior Amenities: Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Speed Internet, Home Office, Multiple Living Areas, Multiple Primary Suites, Pantry, Skylights, Tub Shower, Water Closet(s), Walk-In Closet(s)
  • Stories: 2
  • Private Spa: Yes
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Glass Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3669.0
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames, Skylight(s)

Exterior Features

  • Exterior Features: Courtyard, Deck, Fire Pit, Hot Tub/Spa, Outdoor Grill, Privacy Wall, Private Yard, Water Feature
  • Fencing: Gate, Wall
  • Lot Features: Landscaped, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Adobe, Frame, Stucco, Rock
  • Direction Faces: West
  • Other Structures: Covered Arena, Storage, Workshop
  • Patio And Porch Features: Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Electricity, Garage, Garage Door Opener, Storage, Workshop in Garage

Utilities

  • Cooling: Ductless, Refrigerated
  • Electric: 220 Volts in Garage
  • Heating: Ductless, Radiant
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Underground Utilities
  • Water Source: Shared Well
  • Laundry Features: Electric Dryer Hookup
  • Security: Security System, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 60.0
  • Association Fee Frequency: Annually
  • Association Name: Tierra Madre de Placitas HOA
  • Phone: 505-710-1693
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Placitas

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 72745.2
  • Parcel #: R096190
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 6115.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,115 $282,327 $33,141 $249,186
2023 $6,115 $274,104 $25,000 $249,104
2022 $3,042 $138,372 $25,000 $113,372
2021 $3,002 $134,342 $25,000 $109,342
2020 $3,048 $134,342 $0 $0
2019 $2,982 $130,430 $0 $0
2018 $2,868 $138,130 $0 $0
2017 $2,813 $134,106 $0 $0
2016 $3,397 $134,106 $0 $0
2014 $3,287 $134,106 $0 $0
2013 -- $132,106 $31,514 $100,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $825,000 -2.9% $225 / Sq Ft
06/02/2025 06/02/25 Price Changed $850,000 -5.6% $232 / Sq Ft
05/24/2025 05/24/25 Price Changed $900,000 -5.3% $245 / Sq Ft
05/16/2025 05/16/25 Price Changed $950,000 -2.6% $259 / Sq Ft
01/22/2025 01/22/25 Price Changed $975,000 -7.1% $266 / Sq Ft
12/20/2024 12/20/24 Price Changed $1,050,000 -4.5% $286 / Sq Ft
12/07/2024 12/07/24 Price Changed $1,100,000 -4.3% $300 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,150,000 -4.2% $313 / Sq Ft
07/19/2024 07/19/24 For Sale $1,200,000 +50.9% $327 / Sq Ft
05/17/2022 05/17/22 Sold -- -- --
04/07/2022 04/07/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $795,000 -- $217 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Title Alliance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $796,000 Balloon
Source: Public Records

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

MLS Number: 1067162

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-073-077-350

New Mexico Sandoval County Placitas 87043

43 Tierra Madre Rd, Placitas, NM

This home is located at 43 Tierra Madre Rd, Placitas, NM 87043 and is currently priced at $825,000, approximately $224 per square foot. This property was built in 1988. 43 Tierra Madre Rd is a home located in Sandoval County with nearby schools including Bernalillo 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.

Nearby Homes
Listing Agent
Jody MacGillivray
Section Image
Desert Oasis Realty
(505) 657-5069