NOT LISTED FOR SALE

589 E Valverde Rd Corrales, NM 87048

Estimated Value: $625,000 - $821,000

3 Beds
2.5 Baths
2,041 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 21, 2022

Current estimated payment $4,516/month

3 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Private Yard
  • Corrales Elementary School Rated A-
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of June 2022

Beautiful horse property in Corrales! 1 acre lot includes 3 separate fenced in areas & pole structure. There is a large courtyard on the West off the covered patio. The home is welcoming with it's country kitchen w/dining and a living space. Lots of natural light. Primary Bedroom has a small office space and walk in closet upstairs along with two more bedrooms & full bath. The views are outstanding. Ditch rights. Backyard access so bring your toys, RV, horses... there is plenty of space! No Bosque access.

Last Agent to Sell the Property

Ryerson Team

RE/MAX SELECT License #49680 Listed on: 04/28/2022

RE/MAX SELECT

Co-Listed By

Susan Markin

RE/MAX SELECT License #48355

Last Buyer's Agent

Kimberly Sanchez

Coldwell Banker Legacy License #51765

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1990

Lot Details

  • 1 Acre Lot
  • Property fronts a private road
  • South Facing Home
  • Property is Fully Fenced
  • Private Yard
  • Zoning described as A-1

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Northern New Mexico Architecture
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,041 Sq Ft Home
  • Property has 2 Levels
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Open Floorplan
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Country Kitchen
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Shower Only
  • Separate Shower

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1017067063512

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Corrales Rd & E Valverde Rd. East on E Valverde. When road splits into two roads, take the private road on the left.
  • Listing Contract Date: 2022-04-28
  • Year Built: 1990
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: SRER02
  • Co List Office Phone: (505) 265-5111
  • Architectural Style: Northern New Mexico
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Family/Dining Room, High Ceilings, Country Kitchen, Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2041.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fully Fenced, Privacy Wall, Private Yard
  • Roof: Metal, Pitched
  • Lot Features: None, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Storage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer 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

  • Current Use: Horses
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 1017067063512
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 4544.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 17, 2022
Sold by
Lela Phelps
Bought by
Emeny Rebecca T and Stoffel Michael M
Seller's Agent
Ryerson Team
RE/MAX SELECT
Buyer's Agent
Kimberly Sanchez
Coldwell Banker Legacy
List Price
$425,000
Current Estimated Value
$725,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$210,000
Outstanding Balance
$180,401
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$516,400

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 30, 2018
Sold by
Cohen Ben D
Bought by
Phelps Leia
Seller's Agent
Steve Murtha
Keller Williams Realty
Buyer's Agent
Steve Murtha
Keller Williams Realty
List Price
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$303,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Emeny Rebecca T -- Fidelity National Title
Phelps Leia -- Fidelity Natl Title Ins Co
Phelps Leia -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emeny Rebecca T $20,000
Open Emeny Rebecca T $210,000
Previous Owner Phelps Leia $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold -- -- --
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $425,000 +9.5% $208 / Sq Ft
03/30/2018 03/30/18 Sold -- -- --
02/17/2018 02/17/18 Pending -- -- --
01/11/2018 01/11/18 For Sale $388,000 -- $190 / 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 $7,127 $192,972 $68,000 $124,972
2023 $7,127 $189,422 $68,000 $121,422
2022 $4,639 $123,287 $56,255 $67,032
2021 $4,544 $119,697 $51,887 $67,810
2020 $4,451 $116,210 $0 $0
2019 $4,230 $116,079 $0 $0
2018 $3,532 $97,594 $0 $0
2017 $3,243 $94,751 $0 $0
2016 $3,555 $91,992 $0 $0
2014 $3,844 $103,464 $0 $0
2013 -- $100,451 $50,000 $50,451
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1013496

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-067-063-512