NOT LISTED FOR SALE

504 Albino Rd Corrales, NM 87048

Estimated Value: $390,000

1 Acres
$390,000 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: April 16, 2021

Current estimated payment $2,283 / mo

9 Days on Market

Highlights

  • Horses Allowed On Property
  • Views
  • Gentle Sloping Lot
  • Corrales Elementary School Rated A-

About This Lot

As of April 2021

Beautiful residential, custom-home building lot nestled in the desirable Tierra De Corrales with horse arena and common spaces! Stunning VIEWS! Underground utilities at the lot line except water and septic. Two sides of the lot have existing wall/fencing. Surrounded by beautiful high-end custom homes. Must walk this lot to fully appreciate its extraordinary beauty and value. HOA dues are $36 monthly. Village of Corrales Impact Fee of $25,961 on all these lots. Sellers already paid $12,601 and credit is transferable!Check around and this lot is Priced to SELL!!! See photos and documents and call with any questions.

Last Agent to Sell the Property

Matthew Darrall

Thrive Real Estate License #19072 Listed on: 03/05/2021

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,315

Lot Details

  • 1 Acre Lot
  • Gentle Sloping Lot
  • Zoning described as A-1

Schools

  • Taylor Middle School
  • Cibola High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Underground Utilities
  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Community Details

  • Property has a Home Owners Association
  • Association fees include common areas
  • Tierra De Corrales Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 6
  • Assessor Parcel Number 1015070361095

Property Details

Property Type

Land

Est. Annual Taxes

$1,315

Lot Details

1 Acres

Listing Details

  • Property Type: Land
  • Directions: From Highway 528 (Pat D' Acro Hwy) and Northern in Rio Rancho: Go East on Don Julio Rd., then left on Albino to 3rd property on you left.
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: Tierra de Corrales
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Lot Features: Views, Acreage, Gentle Sloping
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure, Restricted

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Underground Utilities, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Condo/Co-op/Association

  • Association Fee: 35.42
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

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

Lot Info

  • Topography: Sloping
  • Number of Lots: 1
  • Current Use: Residential
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 43684.0
  • Parcel #: 1015070361095
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 1314.94
  • Tax Block: 6
  • Tax Lot: 13
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 14, 2021
Sold by
Davenport Carlton P and Whiteman-Davenport Nancy
Bought by
Jones Tom
Seller's Agent
Matthew Darrall
Thrive Real Estate
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$119,900
Current Estimated Value
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Tapia Christopher E
Bought by
Davenport Carlton P and Davenport Whiteman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Tom -- Fidelity National Title
Jones Tom -- Fidelity National Title
Davenport Carlton P $150,000 Fidelity National Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davenport Carlton P $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold -- -- --
03/14/2021 03/14/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $119,900 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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
2025 $2,183 $59,472 $59,472 --
2024 $2,431 $59,472 $59,472 --
2023 $2,431 $59,472 $59,472 $0
2021 $1,407 $35,234 $35,234 $0
2020 $1,315 $32,928 $0 $0
2019 $1,286 $32,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 987019

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-070-361-095

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