NOT LISTED FOR SALE

713 Camino Arco Iris Corrales, NM 87048

Estimated Value: $723,398 - $797,000

3 Beds
4 Baths
2,658 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 13, 2018

Current estimated payment $4,498/month

16 Days on Market

Highlights

  • Custom Home
  • Outdoor Fireplace
  • High Ceiling
  • Corrales Elementary School Rated A-
  • Separate Formal Living Room
  • Great Room

About This Home

As of November 2018

Almost new Rachel Matthews custom home w/ casita! Enjoy fabulous views from this exquisite3BR, 3BA, 3 car garage home. Gated entrance, open, natural light radiates from the large windows that frame the mountains. Great-room features tile floors, fireplace, high ceilings. Formal, yet open dining area. Gourmet kitchen, granite counter tops, custom cabinetry, pantry, SS appliances, large island bar. Private MBR suite w/2 way fire place and a luxurious bath and walk in closet. All of these rooms walk out to a newly designed patio w/FP, banco, & views! The next 2 BR's have access to 2 more baths. Finished 3 car garage. Separate casita has the fourth bath and perfect for guests/office, etc. New window covering and professionally landscaped. Home built in 2017. Welcome Home!

Last Agent to Sell the Property

Robin Riegor

Sotheby's International Realty License #14913 Listed on: 10/06/2018

Sotheby's International Realty

Last Buyer's Agent

Helen Jackson

Q Realty License #39211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 2017

Lot Details

  • 0.81 Acre Lot
  • North Facing Home
  • Xeriscape Landscape
  • Sprinkler System
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 2,658 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • 2 Fireplaces
  • Three Sided Fireplace
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Great Room
  • Separate Formal Living Room
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Convection Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Outdoor Fireplace
  • Covered Courtyard

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • Built by Rachel Matthew Homes
  • Casas De La Tierra Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1015068023224

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,900

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Corrales Road, West on Ella, north on Loma Larga, West on Camino Arco Iris, continue west to 713 towards the top of hill.
  • Listing Contract Date: 2018-09-19
  • Year Built: 2017
  • Lot Size Acres: 0.81
  • Road Frontage Type: Deeded Access
  • Road Surface Type: Paved
  • Subdivision Name: Casas De La Tierra
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Windows
  • Property Attached Yn: No
  • Year Built Details: 1 - 3
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Convection Oven, Cooktop, Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Interior Amenities: Beamed Ceilings, Wet Bar, Bathtub, Separate/Formal Dining Room, Dual Sinks, Great Room, Garden Tub/Roman Tub, High Ceilings, In-Law Floorplan, Kitchen Island, Main Level Master, Pantry, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Multi-Sided, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2658.0
  • Window Features: Low Emissivity Windows, Vinyl
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Private Yard, Sprinkler/Irrigation
  • Roof: Flat, Tar/Gravel
  • Fencing: Wall
  • Lot Features: Landscaped, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Rachel Matthew Homes
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage

Utilities

  • Cooling: Refrigerated
  • Heating: Central, Forced Air, Natural Gas
  • Water Source: Well
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35283.6
  • Parcel #: 1015068023224
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 7900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2018
Closed on
Nov 13, 2018
Sold by
Moomaw Doris A
Bought by
Bulthuis Zachary A and Bulthuis Sheila M
Seller's Agent
Robin Riegor
Sotheby's International Realty
Buyer's Agent
Helen Jackson
Q Realty
List Price
$575,000
Current Estimated Value
$760,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 30, 2018
Sold by
Rachel Matthews Homes Inc
Bought by
Moomaw Doris A
Seller's Agent
Joseph Maez
Keller Williams Realty
Buyer's Agent
Jeanne Kuriyan
Keller Williams Realty
List Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.35%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Sarmiento Esther Fernandez and Sarmiento Jose Luis
Bought by
Rachel Matthew Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Interest Rate
4.21%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 14, 2017
Sold by
Fernandez Pelayo H and Fernandez Winifred
Bought by
Sarmiento Luz Esther Fernandez and Sarmiento Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Interest Rate
4.21%
Mortgage Type
Construction
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
Bulthuis Zachary A -- Fidelity Natl Title Ins Co
Moomaw Doris A -- Old Republic National Title
Rachel Matthew Homes Inc -- Old Republic Natl Title Ins
Sarmiento Luz Esther Fernandez -- Old Republic Natl Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rachel Matthew Homes Inc $386,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2018 11/13/18 Sold -- -- --
10/22/2018 10/22/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $575,000 +15.2% $216 / Sq Ft
05/30/2018 05/30/18 Sold -- -- -- View Prior Sale
05/05/2018 05/05/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $499,000 -- $188 / 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
2025 $5,552 $180,220 $30,148 $150,072
2024 $5,465 $174,971 $28,599 $146,372
2023 $5,465 $169,875 $27,606 $142,269
2022 $5,304 $164,928 $0 $0
2021 $5,255 $160,124 $26,385 $133,739
2020 $5,100 $155,460 $0 $0
2019 $4,817 $155,539 $0 $0
2018 $4,947 $158,959 $0 $0
2017 $767 $20,718 $0 $0
2016 $868 $20,718 $0 $0
2014 $990 $24,779 $0 $0
2013 -- $26,933 $26,933 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 930104

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-068-023-224