NOT LISTED FOR SALE

5992 Corrales Rd Corrales, NM 87048

Estimated Value: $837,000 - $966,809

2 Beds
2 Baths
5,526 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 12, 2021

Current estimated payment $5,870/month

199 Days on Market

Highlights

  • Fireplace
  • Evaporated cooling system
  • Brick Flooring
  • Corrales Elementary School Rated A-
  • Patio
  • Forced Air Heating System

About This Home

As of April 2021

Nicely renovated tri-plex in the heart of the green belt of Corrales. Property features two 2 bedroom and one 3 bedroom units complete with all appliances and high end finishes to include; Plaster walls, custom stone tile work, brick and hard wood floors. Great owner occupy income property, in-law inclusive property, Air BNB or long term rental.

Last Agent to Sell the Property

Chris Donaldson

Keller Williams Realty License #47024 Listed on: 07/18/2020

Keller Williams Realty

Last Buyer's Agent

Casa ABQ

LPT Realty

LPT Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Sprinkler System

Home Design

  • Triplex
  • Frame Construction
  • Adobe

Interior Spaces

  • 5,526 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher

Flooring

  • Brick
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Radiant Heating System
  • Natural Gas Connected
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1016068486385

Community Details

Overview

  • 3 Units
  • 5,526 Sq Ft Building

Security

  • Complex Is Fenced

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,372

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: Corrales Road North of Alameda approximately 8 minutes past curve in the road. Corner of Espenosa and Corrales Road NW corner
  • Listing Contract Date: 2020-07-18
  • Year Built: 1975
  • Lot Size Acres: 0.46
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Flooring: Brick, Stone, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Dishwasher
  • Stories: 2
  • Number Of Buildings: 2
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 5526.0

Exterior Features

  • Exterior Features: Sprinkler/Irrigation, Patio
  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
  • Security: Complex Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 1016068486385
  • Zoning Description: A-2

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5371.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Apr 12, 2021
Sold by
Donaldson Chris M
Bought by
Chai Lisa
Seller's Agent
Chris Donaldson
Keller Williams Realty
Buyer's Agent
Casa ABQ
LPT Realty
List Price
$750,000
Current Estimated Value
$905,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$592,000
Outstanding Balance
$537,148
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$355,836

Purchase Details

Closed on
May 13, 2015
Sold by
Steiner Frank F and Steiner Susan
Bought by
Donaldson Chris M

Purchase Details

Closed on
May 7, 2015
Sold by
Salazar Adelina
Bought by
Donaldson Chris M
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
Chai Lisa -- Fidelity National Ttl Ins Co
Chai Lisa -- Fidelity National Title
Donaldson Chris M -- None Available
Donaldson Chris M -- None Available
Donaldson Chris M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chai Lisa $592,000
Closed Chai Lisa $592,000
Previous Owner Donaldson Chris M $605,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold -- -- --
02/02/2021 02/02/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $750,000 0.0% $136 / Sq Ft
09/30/2020 09/30/20 Off Market -- -- --
07/18/2020 07/18/20 For Sale $750,000 -- $136 / 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 $10,940 $299,486 $29,212 $270,274
2023 $10,940 $290,764 $28,903 $261,861
2022 $10,621 $282,296 $0 $0
2021 $5,764 $150,488 $26,237 $124,251
2020 $5,646 $147,401 $0 $0
2019 $5,372 $147,401 $0 $0
2018 $5,334 $147,401 $0 $0
2017 $490 $14,304 $0 $0
2016 $553 $14,304 $0 $0
2014 $5,148 $138,555 $0 $0
2013 -- $134,519 $13,890 $120,629
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Donaldson

    Keller Williams Realty

    (505) 550-4100

    2 in this area

    6 Total Sales

    Section Image
  • Casa ABQ

    Buyer's Agent in 2021

    Casa ABQ

    LPT Realty

    (505) 710-6918

    3 in this area

    147 Total Sales

    Section Image
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Map

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

MLS Number: 972866

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-068-486-385

New Mexico Sandoval County Corrales 87048

5992 Corrales Rd, Corrales, NM

This home is located at 5992 Corrales Rd, Corrales, NM 87048 since 18 July 2020 and is currently estimated at $905,452, approximately $163 per square foot. This property was built in 1975. 5992 Corrales Rd is a home located in Sandoval County with nearby schools including Corrales Elementary School, Cibola High School, and Sandia View Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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