NOT LISTED FOR SALE

508 Ortega Rd NW Los Ranchos, NM 87114

Estimated Value: $771,000 - $934,000

4 Beds
3.5 Baths
3,200 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 29, 2021

Current estimated payment $5,492/month

19 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Great Room
  • 1.26 Acre Lot
  • Wood Flooring
  • Lawn

About This Home

As of November 2021

Plenty of room for your HORSES & HORSE POWER! Gorgeous approx 1.26 acre NV Village of Los Ranchos Horse Property. One of a kind, rare opportunity to own private gated valuable Sub-dividable lot. 4BD/3.5 BA renovated 2015 w/hardwood oak floors, 2015 roof, HVAC, HWH, windows, insulation, refrigerated air/heat throughout home. 1000sf grand sunroom w/ tile setting the stage for peace & relaxation. Recessed Lighting & Skylights! New SS appl! This home shines like a diamond! Not incl in TSF Finished 1979sqft heated/cooled 6 Car Tandem Garage/Shop w/220! The possibilities are truly endless.1100sf Horse barn, plus storage, 2 patios, circular drive w/50+ trees & fenced lawn.1 mile to Alameda Open Space, trails & Rio Grande River, & 15 mins to Airport. Perfect for entertaining. RV parking/NO HOA!

Last Agent to Sell the Property

Sandi Pressley

Coldwell Banker Legacy License #14871 Listed on: 10/06/2021

Coldwell Banker Legacy

Last Buyer's Agent

David Gottlieb

Lancor Enterprises License #13282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1979

Lot Details

  • 1.26 Acre Lot
  • Northeast Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Landscaped
  • Sprinklers on Timer
  • Wooded Lot
  • Lawn
  • Zoning described as R-2

Parking

  • 6 Car Garage
  • Heated Garage
  • Dry Walled Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 1 Level
  • Skylights
  • Wood Burning Fireplace
  • Triple Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Multiple Living Areas
  • Open Floorplan
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Los Ranchos Elementary School
  • Taylor Middle School
  • Valley High School

Horse Facilities and Amenities

  • Livestock Equipment
  • Horses Allowed On Property

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101506436626910111

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,276

Year Built

Built in 1979

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Take the 2nd St exit from Paseo Del Norte, go North to Ortega, go West on Ortega across 4th St, continue on Ortega to property.
  • Listing Contract Date: 2021-10-02
  • Year Built: 1979
  • Horses: Yes
  • Lot Size Acres: 1.26
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Range Hood
  • Interior Amenities: Dual Sinks, Entrance Foyer, Family/Dining Room, Great Room, Living/Dining Room, Multiple Living Areas, Main Level Master, Pantry, Skylights, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Other Equipment: Livestock Equipment
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3200.0
  • Window Features: Insulated Windows, Low Emissivity Windows, Triple Pane Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fully Fenced, Storage, Sprinkler/Irrigation
  • Roof: Pitched, Shingle
  • Fencing: Gate
  • Lot Features: Lawn, Landscaped, Sprinklers Automatic, Trees
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Electricity, Finished Garage, Heated Garage

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: None, 220 Volts in Garage
  • Heating: Central, Forced Air, Multiple Heating Units, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Los Ranchos
  • High School: Valley
  • Middle Or Junior School: Taylor

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 54885.6
  • Parcel #: 101506436626910111
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 4275.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 29, 2021
Sold by
Dwyre Gay Herkenoff and Dwyre Julie Francis
Bought by
Patterson Ra N and Patterson Audrey Beth
Seller's Agent
Sandi Pressley
Coldwell Banker Legacy
Buyer's Agent
David Gottlieb
Lancor Enterprises
List Price
$725,000
Current Estimated Value
$865,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$614,250
Outstanding Balance
$570,307
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$300,430

Purchase Details

Closed on
Sep 14, 2011
Sold by
Dwyre Gay Herkenoff and Dwyre Gay H
Bought by
Dwyre Gay Herkenoff and Dwyre Julie Frances Lee

Purchase Details

Closed on
Feb 12, 1999
Sold by
Property Vii Llc
Bought by
Dwyre Gay H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.78%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patterson Ra N -- First American Title Ins Co
Dwyre Gay Herkenoff -- None Available
Dwyre Gay H -- Rio Grande Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Ra N $614,250
Previous Owner Dwyre Gay H $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold -- -- --
10/25/2021 10/25/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $725,000 -- $227 / 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 $9,034 $237,016 $39,956 $197,060
2023 $8,869 $230,114 $38,793 $191,321
2022 $8,354 $223,411 $37,663 $185,748
2021 $3,579 $116,912 $44,657 $72,255
2020 $4,276 $113,508 $43,357 $70,151
2019 $1,747 $110,202 $42,094 $68,108
2018 $4,006 $110,202 $42,094 $68,108
2017 $3,783 $106,992 $40,868 $66,124
2016 $3,640 $100,850 $38,522 $62,328
2015 $97,914 $97,914 $37,401 $60,513
2014 $1,739 $95,062 $36,311 $58,751
2013 -- $92,294 $35,254 $57,040
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 1002395

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-064-366269-1-01-11