NOT LISTED FOR SALE

501 Paseo Del Bosque NW Albuquerque, NM 87114

Estimated Value: $1,098,000 - $1,210,000

7 Beds
5 Baths
4,502 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 11, 2023

Current estimated payment $7,461/month

70 Days on Market

Highlights

  • Guest House
  • 1 Acre Lot
  • Lawn
  • Horses Allowed On Property
  • Wooded Lot
  • Multiple Living Areas

About This Home

As of September 2023

Updated multi-generational property on a private 1 acre lot in the far North Valley. This home is a total of ~ 4500 sq ft with 7 bedrooms, 5 bathrooms, and 3 car garage. The attached in-law suite (~1000 sq ft) has its own separate entrance, a full kitchen, dining area, living area, washer/dryer hookups, 2 bedrooms, and 1 bathroom (Airbnb?!). The main house has 5 bedrooms, 4 bathrooms, open concept living area, oversized laundry room and pantry, and sliding doors to the landscaped backyard (with an irrigation well). The property is situated down a secluded road and apart from other homes. It offers gorgeous mountain views, backs to a lush alfalfa field, has a large fully fenced grass field, w/privacy, and room for your toys, campers, and trailers! Close to trails/restaurants/freeway

Last Agent to Sell the Property

Andrea Romero

Southwest Elite Real Estate License #50774 Listed on: 06/02/2023

Southwest Elite Real Estate

Co-Listed By

Jonathan Ortiz

Southwest Elite Real Estate License #44118

Last Buyer's Agent

Andrea Romero

Southwest Elite Real Estate License #50774 Listed on: 06/02/2023

Southwest Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1979

Lot Details

  • 1 Acre Lot
  • South Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Landscaped
  • Sprinklers on Timer
  • Wooded Lot
  • Lawn
  • Zoning described as A-1

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 4,502 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Multiple Living Areas
  • Home Office
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Double Convection Oven
  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Schools

  • Alameda Elementary School
  • Taylor Middle School
  • Valley High School

Utilities

  • Two cooling system units
  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Patio
  • Guest House
  • Horses Allowed On Property

Community Details

  • Built by Gathman

Listing and Financial Details

  • Assessor Parcel Number 101606613501030120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Alameda and 4th St, head north on 4th St and left (west) on Paseo Del Bosque, right on dirt rd to property.
  • Listing Contract Date: 2023-06-02
  • Year Built: 1979
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: SERE01
  • Co List Office Phone: (505) 798-6333
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Convection Oven, Cooktop, Double Oven, Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Dual Sinks, Home Office, In-Law Floorplan, Jack and Jill Bath, Kitchen Island, Multiple Living Areas, Main Level Primary, Multiple Primary Suites, Pantry, Skylights, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Custom, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4502.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence, Privacy Wall, Private Yard, Sprinkler/Irrigation, Private Entrance
  • Roof: Bitumen, Flat
  • Fencing: Back Yard
  • Lot Features: Lawn, Landscaped, Sprinklers Automatic, Trees, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Gathman
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Other Structures: Guest House
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

  • Cooling: Ductless, Refrigerated, 2 Units
  • Electric: None
  • Heating: Central, Ductless, Forced Air, Multiple Heating Units
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Alameda
  • High School: Valley
  • Middle Or Junior School: Taylor

Green Features

  • Green Power: None

Lot Info

  • Current Use: Horses, Irrigation
  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 101606613501030120
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 3933.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 8, 2023
Sold by
Romero Andrea A and Romero Alejandro J
Bought by
Ganster Robert J and Ganster Rachel C
Seller's Agent
Andrea Romero
Southwest Elite Real Estate
Buyer's Agent
Andrea Romero
Southwest Elite Real Estate
List Price
$1,350,000
Views
189
Current Estimated Value
$1,163,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$570,000
Outstanding Balance
$558,986
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$589,002

Purchase Details

Listed on
May 28, 2022
Closed on
Jul 13, 2022
Sold by
Brazell Joy Lea and Brazell M L
Bought by
Romero Andrea A and Marrufo Alejandro J
Seller's Agent
Joann Sandoval
Casa Grande Realty, LLC
Buyer's Agent
Andrea Romero
Southwest Elite Real Estate
List Price
$1,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.75%
Original Mortgage
$940,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ganster Robert J -- Old Republic National Title In
Romero Andrea A -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganster Robert J $570,000
Previous Owner Romero Andrea A $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold -- -- --
08/18/2023 08/18/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $1,125,000 -2.2% $250 / Sq Ft
07/13/2023 07/13/23 Price Changed $1,150,000 -3.8% $255 / Sq Ft
06/27/2023 06/27/23 Price Changed $1,195,000 -6.3% $265 / Sq Ft
06/15/2023 06/15/23 Price Changed $1,275,000 -5.6% $283 / Sq Ft
06/09/2023 06/09/23 For Sale $1,350,000 +101403.8% $300 / Sq Ft
07/13/2022 07/13/22 Sold -- -- --
05/28/2022 05/28/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $1,330 -- $0 / 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 $13,081 $352,465 $46,762 $305,703
2023 $13,232 $352,465 $46,762 $305,703
2022 $3,934 $108,086 $11,345 $96,741
2021 $3,804 $104,939 $11,015 $93,924
2020 $3,736 $101,882 $10,694 $91,188
2019 $3,627 $98,915 $10,383 $88,532
2018 $3,499 $98,915 $10,383 $88,532
2017 $3,369 $96,034 $10,080 $85,954
2016 $3,243 $90,522 $9,502 $81,020
2015 $87,885 $87,885 $9,225 $78,660
2014 $3,000 $85,327 $8,957 $76,370
2013 -- $82,842 $8,696 $74,146
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1035466

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-066-135010-3-01-20