NOT LISTED FOR SALE

512 Ortega Rd NW Los Ranchos, NM 87114

Estimated Value: $553,000 - $840,000

3 Beds
2.5 Baths
3,500 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 29, 2014

Current estimated payment $3,577/month

166 Days on Market

Highlights

  • Horses Allowed On Property
  • 1.3 Acre Lot
  • Deck
  • Custom Home
  • Atrium Room
  • Attic

About This Home

As of April 2014

Huge price reduction! Priced to close quickly, Tons of income potential! Great investment in The Village of Los Ranchos off of Rio Grande. Two lots on property, a total of 1.25 ac. .75 lot with home, .5127 on lot with full utilities zoned R-2. Home needs work/updating. 3500 sq ft Features include radiant heating, central vac, balcony, workshop with electricity, open floor plan, and more.

Last Agent to Sell the Property

Jessica Garcia

ERA Sellers & Buyers Real Esta Listed on: 08/09/2013

Last Buyer's Agent

Brett Paas

RE/MAX SELECT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,161

Lot Details

  • 1.3 Acre Lot
  • North Facing Home
  • Property is Fully Fenced
  • Private Yard
  • Zoning described as R-2

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Custom Home
  • Split Level Home
  • Tile Roof
  • Stucco
  • Adobe

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Open Floorplan
  • Atrium Room
  • Attic

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Built by custom

Listing and Financial Details

  • Assessor Parcel Number 101506436528210110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,161

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Go south on Rio Grande from Alameda, Left on Ortega pass the stop sign home on the right. Large light stucco home with red tile roof
  • Horses: Yes
  • Lot Size Acres: 1.3
  • Road Frontage Type: Public Road
  • Architectural Style: Custom, Split-Level
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • Efficiency: Construction
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Atrium, Attic, Ceiling Fan(s), Dressing Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Great Room, Living/Dining Room, Multiple Living Areas, Skylights, Tub Shower, Cable TV, Walk-In Closet(s), Central Vacuum
  • Stories: 2
  • Other Equipment: Satellite Dish
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3500.0
  • Window Features: Bay Window(s), Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Deck, Fully Fenced, Private Yard, Storage
  • Roof: Tile
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: custom
  • Construction Type: Adobe, Block, Stucco
  • Direction Faces: North
  • Other Structures: Workshop
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Refrigerated
  • Heating: Natural Gas, Radiant
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

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

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 56628.0
  • Parcel #: 101506436528210110
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 3161.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Apr 29, 2014
Sold by
Garcia Patrick A
Bought by
Martin Robert C and Martin Donna M
Seller's Agent
Jessica Garcia
ERA Sellers & Buyers Real Esta
Buyer's Agent
Brett Paas
RE/MAX SELECT
List Price
$500,000
Current Estimated Value
$636,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$220,720
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Garcia Elfego
Bought by
Garcia Elfego and Elfego Garcia Revocable Trust
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
Martin Robert C -- Fidelity Natl Title Of New M
Garcia Elfego -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Robert C $438,497
Closed Martin Robert C $220,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold -- -- --
01/22/2014 01/22/14 Pending -- -- --
08/09/2013 08/09/13 For Sale $500,000 -- $143 / 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 $1,624 $48,606 $24,883 $23,723
2023 $1,588 $47,190 $24,158 $23,032
2022 $1,489 $45,815 $23,454 $22,361
2021 $1,433 $44,481 $22,771 $21,710
2020 $1,401 $43,186 $22,108 $21,078
2019 $1,034 $33,464 $21,465 $11,999
2018 $3,093 $33,464 $21,465 $11,999
2017 $2,972 $88,611 $22,771 $65,840
2016 $2,855 $83,525 $21,465 $62,060
2015 $83,525 $83,525 $21,465 $62,060
2014 $3,570 $98,715 $26,483 $72,232
2013 -- $95,840 $25,711 $70,129
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 766225

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-064-365282-1-01-10