$65,000
SOLD FEB 12, 2019
Last list price

7 Mills Ln NE Los Lunas, NM 87031

East Los Lunas Neighborhood
1.12 Acres
$58,036 Price per Acre
48,787 Sq Ft Lot

Recently Sold

21 Days on Market

About This Lot

As of December 2019

Just what your buyers have been looking for! Great building lot on a cul-de sac with custom homes in the area! Property is pipe fenced on three sides. There is an irrigation well as well as MRGCD ditch irrigation. Currently in permanent pasture. This is a great little pocket neighborhood! Come see!

Last Agent to Sell the Property

Vincent Milavec

Milavec Realty, Inc License #8696 Listed on: 12/14/2018

Co-Listed By

MICHAEL SUMMERLIN

Milavec Realty, Inc License #26893

Last Buyer's Agent

Bricena Aragon

Keller Williams Realty License #39225

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $801

Lot Details

  • 1.12 Acre Lot
  • Level Lot
  • Zoning described as RR-2

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Electricity Not Available
  • Irrigation Water Rights

Community Details

  • Land Of Robert G & Sandra C Babb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1012038123157000000

Property Details

Property Type

Land

Est. Annual Taxes

$801

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Hwy 47 south through Bosque Farms and Peralta to Valencia Road (traffic light). East on Valencia to Monica (first stop sign). Turn right and continue south to the corner of Monica and Mills Lane. Turn right (west) and proceed to property. Sign present.
  • Listing Contract Date: 2018-12-14
  • Horses: Yes
  • Lot Size Acres: 1.12
  • Co List Office Mls Id: CBMR01
  • Co List Office Phone: (505) 869-2313
  • Subdivision Name: Land Of Robert G & Sandra C Babb
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unimproved

Exterior Features

  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: None
  • Water Source: Other

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Unimproved
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 48787.2
  • Parcel #: 1012038123157000000
  • Zoning Description: RR-2
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Annual Amount: 801.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: A1A2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Feb 12, 2019
Sold by
Sammons Brenda S
Bought by
Quintana Jacob
Seller's Agent
Vincent Milavec
Milavec Realty, Inc
Buyer's Agent
Bricena Aragon
Keller Williams Realty
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Total Days on Market
21
Current Estimated Value
$456,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,093
Avg. Annual Appreciation
38.61%
Original Mortgage
$46,500
Interest Rate
6.24%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Properties in Los Lunas, NM

  • 61 N El Cerro Loop, Los Lunas, NM 87031

    $53,000

    • Land
    • 1 Acre
    • $53,000 per Acre
    • 61 N El Cerro Loop
    • Los Lunas, NM

    Mostly level 1 acre parcel. No utilities on the property. Recorded access easement is in place for legal access throught the neighboring property but has not been established . Please see Plat in Documents. Irrigation may be possible with MRGCD Leased water. Water would have to be applied for each year in February. Additional 1 Acre parcel available see MLS #1070542

    Marjorie Martin Coldwell Banker Legacy

    Section Image
  • 1 Dusty Rose Ln, Los Lunas, NM 87031

    $50,000

    • Land
    • 1.23 Acres
    • $40,650 per Acre
    • 1 Dusty Rose Ln
    • Los Lunas, NM

    Welcome to 1 Dust Rose 1.23 acres situated close to town provides easy access to shopping, or local restaurants. This vacant land has shared well, electric and propane lines ready! 3 Dusty Rose is also available for sale and can be sold together.

    Naomi Madrid Coldwell Banker Legacy

    Section Image
  • 3 Dusty Rose Ln, Los Lunas, NM 87031

    $50,000

    • Land
    • 1.23 Acres
    • $40,650 per Acre
    • 3 Dusty Rose Ln
    • Los Lunas, NM

    Welcome to 1.23 acres of vacant land ready for your home! shared well electric and propane on property 1 Dusty rose is also available for sale and can be sold together

    Naomi Madrid Coldwell Banker Legacy

    Section Image
  • 1 Parra Ln, Los Lunas, NM 87031

    $50,000

    • Land
    • 1 Acre
    • $50,000 per Acre
    • 1 Parra Ln
    • Los Lunas, NM

    Beautiful Mountain Views from this great lot with utilities near. Bring your ideas and plans this 1-acre blank canvas is the perfect place to build your next home! Property is being sold as land the Manufactured Home will convey in AS IS condition at no value.Seller will consider an REC- $79,000 as the purchase price, 10% interest rate with $25,000 down

    Brielle Smith EXP Realty, LLC

    Section Image
  • 0 La Entrada Rd, Los Lunas, NM 87031

    $65,000

    • Land
    • 1.23 Acres
    • $52,846 per Acre
    • 0 La Entrada Rd
    • Los Lunas, NM

    Exceptional Investment Opportunity: Presenting a prime 1.23-acre parcel of land, strategically positioned directly across from the prestigious UNM - Valencia County college campus. This is a rare chance to secure a valuable piece of real estate in a location synonymous with growth and educational prominence. Convenience meets opportunity with this strategically located parcel. Accessible and

    Nancy Montoya Century 21 Champions

    Section Image
See All Homes in Los Lunas

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,000 New Conventional
Closed $46,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold -- -- --
11/21/2019 11/21/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $390,000 +500.0% $171 / Sq Ft
02/12/2019 02/12/19 Sold -- -- --
01/04/2019 01/04/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $65,000 -- --
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 $3,090 $99,701 $22,137 $77,564
2023 $3,034 $96,798 $22,104 $74,694
2022 $2,838 $93,979 $21,148 $72,831
2021 $2,770 $91,241 $20,380 $70,861
2020 $6 $88,584 $19,787 $68,797
2019 $6 $174 $174 $0
2018 $6 $174 $174 $0
2017 $6 $174 $174 $0
2016 $6 $174 $174 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bricena Aragon

    Seller's Agent in 2019

    Bricena Aragon

    Keller Williams Realty

    (505) 203-0679

    80 in this area

    445 Total Sales

    Bricena Aragon
    Section Image

  • V

    Seller's Agent in 2019

    Vincent Milavec

    Milavec Realty, Inc

    (505) 480-7162

    5 in this area

    11 Total Sales

    Vincent Milavec
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    MICHAEL SUMMERLIN

    Milavec Realty, Inc

    5 in this area

    24 Total Sales

    MICHAEL SUMMERLIN
    Section Image
See All Agents

Map

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

MLS Number: 934112

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-038-123-157-000000

New Mexico Valencia County Los Lunas 87031 East Los Lunas

7 Mills Ln NE, Los Lunas, NM

This home is located at 7 Mills Ln NE, Los Lunas, NM 87031 and is currently estimated at $65,000. 7 Mills Ln NE is a home located in Valencia County with nearby schools including Valencia Elementary School, Valencia Middle School, and Valencia High 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.

Nearby Homes