NOT LISTED FOR SALE

5 Alexi Place Placitas, NM 87043

Estimated Value: $592,000 - $649,000

4 Beds
2.5 Baths
2,127 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 22, 2023

Current estimated payment $3,788/month

3 Days on Market

Highlights

  • Two Primary Bedrooms
  • Private Yard
  • Cul-De-Sac
  • Pueblo Architecture
  • Home Office
  • 2 Car Attached Garage

About This Home

As of September 2023

Welcome to your dream home, nestled in the perfect balance between convenience and serenity! Located a mere 20-30 minutes outside the vibrant city limits, this remarkable property offers an idyllic retreat from the hustle and bustle of urban living while providing effortless access to all the amenities you desire. This 3, possible 4 bedroom, 3 bath, custom-built single-story home has been meticulously maintained and is a true gem. As you enter, you are greeted by the dramatic great room, featuring soaring tongue-and-groove beamed ceilings, latillas (wooden vigas), and saltillo tile flooring throughout. A cozy Kiva fireplace adds warmth and charm to the room, while large picture windows offer some of the best scenic views of the mesa. New appliances as of 2019! (See property info sheet)

Last Agent to Sell the Property

Jasmin Sanchez

EXP Realty LLC License #REC20230874 Listed on: 06/29/2023

EXP Realty LLC

Last Buyer's Agent

The Kamtz Team

Keller Williams Realty License #47630

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1997

Lot Details

  • 1.45 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Landscaped
  • Private Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pueblo Architecture
  • Northern New Mexico Architecture
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,127 Sq Ft Home
  • Property has 1 Level
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Open Floorplan
  • Home Office
  • Electric Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • In-Law or Guest Suite

Outdoor Features

  • Covered Courtyard

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Connected
  • Co-Op Water
  • Septic Tank

Community Details

  • Association fees include common areas
  • Built by Frank Larabee

Listing and Financial Details

  • Assessor Parcel Number 1023075148079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,351

Year Built

Built in 1997

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Albuquerque, head North on I-25 towards Bernalillo. Take the Bernalillo/Placitas exit 242. Head East on State Rd 165 and make an immediate left onto the frontage road. Follow the frontage road about 1.5 miles to Camino Manzano. Head right on Camino Manzano all the way to Alexi Dr. Turn left onto Alexi Dr. The property is at the end of the cul-de-sac.
  • Listing Contract Date: 2023-06-20
  • Year Built: 1997
  • Lot Size Acres: 1.45
  • Architectural Style: Northern New Mexico, Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Family/Dining Room, Home Office, In-Law Floorplan, Living/Dining Room, Main Level Master, Multiple Master Suites
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Kiva, Log Lighter
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2127.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Courtyard, Private Yard
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Cul-De-Sac, Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Frank Larabee
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Evaporative Cooling, 2 Units
  • Heating: Baseboard, Hot Water, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 63162.0
  • Parcel #: 1023075148079
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 2351.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Sep 22, 2023
Sold by
Fields Terry G and Fields Lynette
Bought by
Ward Larry and Ward Debbie
Seller's Agent
Jasmin Sanchez
EXP Realty LLC
Buyer's Agent
The Kamtz Team
Keller Williams Realty
List Price
$540,000
Views
27
Current Estimated Value
$625,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$140,000
Outstanding Balance
$137,294
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$468,110

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 16, 2017
Sold by
Thomas John and Goodrige Trust
Bought by
Fields Terry G and Fields Lynnette M
Seller's Agent
Sandi Pressley
Coldwell Banker Legacy
Buyer's Agent
Jasmin Sanchez
Keller Williams Realty
List Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$90,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ward Larry -- None Listed On Document
Fields Terry G -- First Amer Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Larry $140,000
Previous Owner Fields Terry G $240,000
Previous Owner Fields Terry G $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold -- -- --
07/04/2023 07/04/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $540,000 +54.3% $254 / Sq Ft
05/16/2017 05/16/17 Sold -- -- --
03/24/2017 03/24/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $350,000 -- $165 / 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 $2,423 $179,532 $46,667 $132,865
2023 $2,423 $110,623 $25,000 $85,623
2022 $2,351 $107,401 $25,000 $82,401
2021 $2,356 $104,273 $25,000 $79,273
2020 $2,286 $101,236 $0 $0
2019 $2,236 $98,287 $0 $0
2018 $1,968 $95,425 $0 $0
2017 $1,760 $84,659 $0 $0
2016 $2,125 $84,659 $0 $0
2014 $2,057 $84,659 $0 $0
2013 -- $82,659 $21,964 $60,695
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1037170

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-075-148-079