NOT LISTED FOR SALE

505 Mullen Rd NW Los Ranchos, NM 87107

Estimated Value: $464,000 - $564,000

3 Beds
2 Baths
2,250 Sq Ft
$233/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2022

Current estimated payment $3,316 / mo

161 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Wood Flooring
  • 0.46 Acre Lot
  • Outdoor Fireplace
  • Pueblo Architecture

About This Home

As of December 2022

A quaint home in need of some TLC, on almost a half-acre with an irrigation well in the Village of Los Ranchos! This sweet 3 bedroom/2 bath home is on a quiet street, conveniently located close to grocery shopping, restaurants and pharmacies. A fourth bedroom is possible, and the oversized garage/workshop has a bathroom with potential for an in-law or guest suite with proper approval from the village. There are a few updates like laminate flooring, tile in the main bathroom and a handicap accessible bathroom in the primary bedroom. The home has a nice sized living/dining area with a kiva fireplace, and boasts an additional den/living area, laundry space and open kitchen concept. The TPO roof is less that 5 years old.

Last Agent to Sell the Property

Jennifer Hobson

EXP Realty LLC License #51506 Listed on: 06/04/2022

EXP Realty LLC

Last Buyer's Agent

Andrea Maestas

EXP Realty LLC License #54093

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1946

Lot Details

  • 20,038 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Wooded Lot
  • Zoning described as R-2

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Home Design

  • Pueblo Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Single Hung Metal Windows
  • Multiple Living Areas
  • Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Outdoor Fireplace
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Alvarado Elementary School
  • Taft Middle School
  • Valley High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Additional Features

  • Wheelchair Access
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 101406245120040905

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,023

Year Built

Built in 1946

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Between Solar and Chavez/Osuna, turn west off 4th Street on Mullen. House is on north side of street.
  • Year Built: 1946
  • Horses: Yes
  • Lot Size Acres: 0.46
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Construction
  • Property Attached Yn: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Refrigerator
  • Interior Amenities: Multiple Living Areas, Main Level Master, Shower Only, Separate Shower
  • Stories: 1
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Kiva, Wood Burning, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2250.0
  • Window Features: Clad, Metal
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Fencing: Back Yard
  • Lot Features: Trees
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: South
  • Other Structures: Storage, Workshop
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Combination
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Alvarado
  • High School: Valley
  • Middle Or Junior School: Taft

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 101406245120040905
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 2023.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Dec 13, 2022
Sold by
Fiala Mary Jane
Bought by
Romero Belen Lucina and Powell David P
Seller's Agent
Jennifer Hobson
EXP Realty LLC
Buyer's Agent
Andrea Maestas
EXP Realty LLC
List Price
$499,900
Views
30
Current Estimated Value
$523,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$378,000
Outstanding Balance
$366,279
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$157,511
Source: Public Records
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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
Romero Belen Lucina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Belen Lucina $378,000
Closed Romero Belen Lucina $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold -- -- --
11/13/2022 11/13/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $470,000 -3.1% $209 / Sq Ft
08/27/2022 08/27/22 Price Changed $485,000 -3.0% $216 / Sq Ft
08/27/2022 08/27/22 For Sale $499,900 0.0% $222 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $499,900 0.0% $222 / Sq Ft
07/19/2022 07/19/22 Price Changed $499,900 -3.9% $222 / Sq Ft
07/17/2022 07/17/22 Off Market -- -- --
07/08/2022 07/08/22 Price Changed $520,000 -1.9% $231 / Sq Ft
06/22/2022 06/22/22 Price Changed $530,000 -3.6% $236 / Sq Ft
06/04/2022 06/04/22 For Sale $550,000 -- $244 / Sq Ft
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 $6,466 $167,050 $32,597 $134,453
2024 $6,367 $167,050 $32,597 $134,453
2023 $6,438 $167,050 $32,597 $134,453
2022 $2,094 $58,002 $15,091 $42,911
2021 $2,023 $56,314 $14,652 $41,662
2020 $1,984 $54,674 $14,225 $40,449
2019 $1,924 $53,082 $13,811 $39,271
2018 $1,855 $53,082 $13,811 $39,271
2017 $1,784 $51,536 $13,409 $38,127
2016 $1,715 $48,579 $12,640 $35,939
2015 $47,165 $47,165 $12,272 $34,893
2014 $1,584 $45,790 $11,914 $33,876
2013 -- $44,458 $11,568 $32,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1016214

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-062-451200-4-09-05

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