NOT LISTED FOR SALE

5 Al Pie de La Loma Placitas, NM 87043

Estimated Value: $510,000 - $662,000

3 Beds
3 Baths
2,500 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 24, 2021

Current estimated payment $3,238/month

62 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Wood Flooring
  • Sitting Area In Primary Bedroom
  • Wood Burning Stove
  • 2 Fireplaces

About This Home

As of March 2021

Artistic Placitas at its best! Eclectic and fun with lots of space for multi-generational living, an artist who needs workspace, or somebody wanting a short-term rental option, the possibilities are endless! The main level (upper) features living, dining, kitchen, 3 bedrooms and 2 bathrooms. The lower level has a possible office or bedroom, family space, direct garage access, and a wonderful, sunny, sitting area w/ nice passive solar effect. Recent roof, stucco, septic and well as well as upgrades and updates too numerous to mention but highlights include kitchen appliances/lighting, fixtures to name a few plus an 800 sqft +/- Garage! A huge bonus of this property is a hard to find 1.3 acres of USABLE LAND!! Very close to Cibola Nat'l Forest trailheads! Close to 165 (but not too close)!

Last Agent to Sell the Property

Ben Levine

RE/MAX SELECT License #35033 Listed on: 12/08/2020

RE/MAX SELECT

Last Buyer's Agent

Mabelle Galante

Coldwell Banker Legacy License #53332

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1962

Lot Details

  • 1.31 Acre Lot
  • East Facing Home
  • Private Entrance
  • Private Yard
  • Zoning described as RRA

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • Property has 2 Levels
  • Bookcases
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Multiple Living Areas
  • Home Office
  • Utility Room
  • Property Views

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 1026072130504

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: East from I-25 on Highway 165 for 5.5 miles. Turn right on Camino del Rincon Colorado into Placitas Heights. Curve to left to the stop sign. Then turn right on Camino del Rincon Colorado again. Left on Al Pie de la Loma. The home is the 2nd home on the left.
  • Listing Contract Date: 2020-12-08
  • Year Built: 1962
  • Horses: Yes
  • Lot Size Acres: 1.31
  • Architectural Style: Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood, Washer
  • Interior Amenities: Bookcases, Ceiling Fan(s), Entrance Foyer, Home Office, Multiple Living Areas, Main Level Master, Sitting Area in Master, Utility Room
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Wood BurningStove
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2500.0
  • Window Features: Vinyl

Exterior Features

  • Exterior Features: Deck, Private Yard, Private Entrance, Propane Tank - Leased
  • Roof: Metal, Pitched
  • Lot Features: Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized, Storage, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Propane
  • Utilities: Electricity Connected, Propane, Sewer Not Available, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 57063.6
  • Parcel #: 1026072130504
  • Zoning Description: RRA

Tax Info

  • Tax Annual Amount: 1651.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Mar 23, 2021
Sold by
Reinstein Roberta L
Bought by
Heppe Julene M and Heppe Justin T
Seller's Agent
Ben Levine
RE/MAX SELECT
Buyer's Agent
Mabelle Galante
Coldwell Banker Legacy
List Price
$379,900
Current Estimated Value
$563,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$303,200
Outstanding Balance
$273,775
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$288,698

Purchase Details

Closed on
Jan 4, 2021
Sold by
Bedford Peter T
Bought by
Reinstein Roberta L

Purchase Details

Closed on
Oct 21, 2019
Sold by
Rainstein Robert L
Bought by
Rainstein Robert L and Bedford Peter T

Purchase Details

Listed on
Jun 17, 2018
Closed on
Jun 25, 2019
Sold by
Yamamura Kie Lydie and Spezza Lydie Kie
Bought by
Reinstein Roberta
Seller's Agent
Dave Harper
Placitas Realty Inc.
Buyer's Agent
Ben Levine
RE/MAX SELECT
List Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%
Original Mortgage
$192,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Sold by
William Bennett Keith
Bought by
Spezza Lydie and Spezza Kie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.01%
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
Heppe Julene M -- Title Alliance
Heppe Julene M -- Title Alliance
Reinstein Roberta L -- Title Alliance Of Nm Llc
Reinstein Roberta L -- None Listed On Document
Rainstein Robert L -- None Available
Reinstein Roberta -- First American Title Ins Co
Spezza Lydie $175,560 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heppe Julene M $303,200
Closed Heppe Julene M $303,200
Previous Owner Reinstein Roberta $192,000
Previous Owner Spezza Lydie $132,000
Closed Spezza Lydie $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold -- -- --
02/08/2021 02/08/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $379,000 -0.2% $152 / Sq Ft
01/24/2021 01/24/21 For Sale $379,900 0.0% $152 / Sq Ft
01/07/2021 01/07/21 Off Market -- -- --
01/05/2021 01/05/21 For Sale $379,900 0.0% $152 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/17/2020 12/17/20 Price Changed $379,900 -5.0% $152 / Sq Ft
12/08/2020 12/08/20 For Sale $399,900 +42.8% $160 / Sq Ft
06/28/2019 06/28/19 Sold -- -- --
05/10/2019 05/10/19 Pending -- -- --
06/17/2018 06/17/18 For Sale $280,000 -- $112 / 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 $2,990 $138,065 $27,674 $110,391
2023 $2,990 $134,044 $26,667 $107,377
2022 $2,903 $130,140 $26,667 $103,473
2021 $1,655 $73,845 $26,667 $47,178
2020 $1,651 $71,695 $0 $0
2019 $1,171 $50,436 $0 $0
2018 $1,031 $48,967 $0 $0
2017 $1,012 $47,541 $0 $0
2016 $1,222 $47,541 $0 $0
2014 $1,183 $47,541 $0 $0
2013 -- $47,541 $11,630 $35,911
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 982235

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-026-072-155-505