NOT LISTED FOR SALE

5324 Corrales Rd Corrales, NM 87048

Estimated Value: $474,000 - $634,000

3 Beds
3 Baths
1,611 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 20, 2018

Current estimated payment $3,391/month

21 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Home Office
  • Corrales Elementary School Rated A-
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of August 2018

A true Corrales gem with an amazing location! Horse property with almost an acre of land and two way access to the back land if necessary. You can access this property both directly on Corrales Rd and Sanchez Rd. Close proximity to your favorites such as the Corrales Growers Market, Indigo Crow and Village Pizza. Home has an irrigated pasture and plenty of land for all your animals and hobbies. Home is adorable and clean with a large kitchen. Not going to beat this price in Corrales!

Last Agent to Sell the Property

Valerie Almanzar

Keller Williams Realty License #44186 Listed on: 06/12/2018

Keller Williams Realty

Co-Listed By

Alicia Rucker

Keller Williams Realty

Last Buyer's Agent

Stephen Arguelles

Metro Residential Realty, Inc. License #43184

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1962

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Private Entrance
  • Back Yard Fenced
  • Landscaped
  • Zoning described as A-1

Parking

  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,611 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Office
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Country Kitchen
  • Free-Standing Gas Range

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Schools

  • Corrales Elementary School
  • Taylor Middle School
  • Cibola High School

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

  • Waldo Cordova Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1016068325109

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 528 and Corrales Rd, head north on Corrales Road. Property will be located on east side of the road, just before Sanchez Road.
  • Listing Contract Date: 2017-06-26
  • Year Built: 1962
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: KWLR03
  • Co List Office Phone: (505) 897-1100
  • Subdivision Name: Waldo Cordova
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Home Office, Country Kitchen, Living/Dining Room, Main Level Primary, Shower Only, Separate Shower
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1611.0
  • Window Features: Double Pane Windows, Insulated Windows, Sliding, Single Pane
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Deck, Fence, Private Entrance
  • Roof: Flat, Pitched, Shingle
  • Fencing: Back Yard
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Block, Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Window Unit(s)
  • Heating: Multiple Heating Units, Natural Gas
  • Water Source: Well
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1016068325109
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 1516.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Murphy Matthew J and Murphy Tamara E
Bought by
Tafoya Melissa Anne and Montano Anthony Rafael
Current Estimated Value
$550,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$304,721
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,869

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 15, 2018
Sold by
Bugge Glen and Bugge Mary Ann
Bought by
Murphy Matthew J and Murphy Tamara E
Seller's Agent
Valerie Almanzar
Keller Williams Realty
Buyer's Agent
Stephen Arguelles
Metro Residential Realty, Inc.
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%
Original Mortgage
$192,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Tafoya Melissa Anne -- Fidelity National Ttl Ins Co
Tafoya Melissa Anne -- Fidelity National Title
Murphy Matthew J -- Old Republic Natl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tafoya Melissa Anne $332,500
Closed Tafoya Melissa Anne $332,500
Previous Owner Murphy Matthew J $190,555
Previous Owner Murphy Matthew J $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold -- -- --
07/03/2018 07/03/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $250,000 -- $155 / 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 $4,183 $114,524 $63,237 $51,287
2023 $4,183 $111,189 $62,849 $48,340
2022 $4,062 $107,951 $0 $0
2021 $3,438 $89,763 $51,715 $38,048
2020 $3,338 $87,148 $0 $0
2019 $3,176 $87,148 $0 $0
2018 $1,507 $41,633 $0 $0
2017 $1,383 $40,421 $0 $0
2016 $1,516 $39,244 $0 $0
2014 $1,458 $39,244 $0 $0
2013 -- $39,244 $22,970 $16,274
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 920992

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-068-325-109