$629,000
SOLD APR 16, 2021
Last list price

7 Loretto Trail Lamy, NM 87540

3 Beds
2 Baths
2,030 Sq Ft
3.75 Acres

Recently Sold

$310 Per Sq Ft

12 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Direct Access Garage
  • 1-Story Property
  • El Dorado Community School Rated A-
  • No Interior Steps

About This Home

As of April 2021

New construction, soft contemporary home on 3.5 acres on a cul-de-sac in highly desired East Ranch in Lamy. Only new construction home available in the area. Open floor plan with back wall of floor-to-ceiling windows to let in the light and great views. In the back of the neighborhood with views of larger horse ranches and the Sangre de Cristos. Beautiful kitchen with huge granite slab island. Three bedroom and two full bath home with all tile floors. Master bedroom has large walk-in closet and bath with rain shower and soaking tub. Great separation of guest bedrooms with a shared bath. Enjoy the open spaces and views that everyone desires in Santa Fe on the almost 400 square foot portal. Near the Eldorado grocery store and restaurants. Click for 3D virtual tour.

Last Agent to Sell the Property

Cathy Clark

Keller Williams Realty License #48844 Listed on: 03/08/2021

Keller Williams Realty

Co-Listed By

Ross Clark

Keller Williams Realty License #49282

Last Buyer's Agent

Linda Gammon

Keller Williams Realty License #45515

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 2021

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • El Dorado Com Elementary And Middle School
  • Santa Fe High School

Additional Features

  • No Interior Steps
  • 3.75 Acre Lot

Community Details

  • East Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 940002643

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Prop. Type: Residential
  • Co List Office Mls Id: 203233
  • Co List Office Phone: (505) 983-5151
  • Subdivision Name: East Ranch
  • Directions: Highway 285 past Eldorado third turn off. Left at Ranch Road, past mailboxes on the right. At first stop sign, take a left and follow dirt road to Loretto Tr. Left at Loretto Tr. House is at end of cul-de-sac.
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Interior Steps
  • Living Area: 2030.0
  • ResoLivingAreaSource: Builder

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Direct Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Water Source: Community/Coop

Schools

  • Elementary School: El Dorado Com School
  • High School: Santa Fe
  • Middle Or Junior School: El Dorado Com School

Lot Info

  • Lot Size Acres: 3.75
  • Land Lease: No
  • Lot Size Sq Ft: 163488.0
  • Parcel #: 940002643
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 867.92
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 14, 2021
Sold by
Harris Quality Homes Inc
Bought by
Phillips Wendy and Phillips Bret A
Seller's Agent
Cathy Clark
Keller Williams Realty
Buyer's Agent
Linda Gammon
Keller Williams Realty
List Price
$629,000
Sold Price
$644,000
Premium/Discount to List
$15,000
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$300,000
Outstanding Balance
$273,780
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$627,044

Purchase Details

Closed on
Mar 19, 2020
Sold by
Monroe Kaila
Bought by
Harris Chris A

Purchase Details

Closed on
Mar 22, 2004
Sold by
East Ranch Llc
Bought by
Monroe Natalie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Personal Reps Deed -- Prima Title Llc
Warranty Deed -- Rio Grande Title Company Of
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $865,000 -3.3% $426 / Sq Ft
05/31/2025 05/31/25 Price Changed $894,950 -2.4% $441 / Sq Ft
04/09/2025 04/09/25 For Sale $917,000 +45.8% $452 / Sq Ft
04/16/2021 04/16/21 Sold -- -- --
03/20/2021 03/20/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $629,000 0.0% $310 / Sq Ft
03/08/2021 03/08/21 Off Market -- -- --
03/08/2021 03/08/21 For Sale $629,000 -- $310 / Sq Ft
Source: Santa Fe 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 $6,404 $760,570 $115,490 $645,080
2023 $6,409 $738,419 $112,127 $626,292
2022 $6,039 $716,913 $108,862 $608,051
2021 $2,653 $103,194 $29,620 $73,574
2020 $868 $26,287 $26,287 $0
2019 $868 $26,287 $26,287 $0
2018 $871 $26,287 $26,287 $0
2017 $841 $25,252 $25,252 $0
2016 $1,530 $47,400 $47,400 $0
2015 $1,528 $47,400 $47,400 $0
2014 $1,463 $47,286 $47,286 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Fe Association of REALTORS®

MLS Number: 202100829

Santa Fe Association of REALTORS®

APN: 940002643