NOT LISTED FOR SALE

714 Rincon Rd Corrales, NM 87048

Estimated Value: $793,000 - $1,315,000

4 Beds
3 Baths
3,439 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 28, 2021

Current estimated payment $6,605/month

Highlights

  • Guest House
  • Barn
  • Solar Heated In Ground Pool
  • Corrales Elementary School Rated A-
  • Horses Allowed On Property
  • Solar Power System

About This Home

As of September 2021

Cherry 1.41-acre greenbelt property / one of only 40 lots directly backing the Rio Grande River nature trails, centrally-located in the heart of the Corrales. Pass through regal private gates at the end of the lane and discover this tranquil & timeless one-story adobe - complete with a separate guest house, gorgeous salt-water pool, fully-equipped horse stables, and fully-manicured grounds! Lovingly maintained, updates throughout include an expensively re-designed kitchen, fully-owned solar system, Hurd top-quality windows, durable TPO roof, and no carpet anywhere in the home. Relax under mature Cottonwood trees next to the in-ground salt water gunite pool - complete with a swim jet, sun shelf, and automatic cover.

Last Agent to Sell the Property

Remington Properties LLC

Realty One of New Mexico License #46301 Listed on: 08/25/2021

Realty One of New Mexico

Last Buyer's Agent

Remington Properties LLC

Realty One of New Mexico License #46301 Listed on: 08/25/2021

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,623

Year Built

  • Built in 1980

Lot Details

  • 1.41 Acre Lot
  • North Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Sprinklers on Timer
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Zoning described as Y11

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Frame Construction
  • Pitched Roof
  • Synthetic Stucco Exterior
  • Adobe

Interior Spaces

  • 3,439 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Wood Frame Window
  • Entrance Foyer
  • Separate Formal Living Room
  • Multiple Living Areas
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard
  • Fire Pit
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Radiant Heating System
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Water Softener is Owned
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Guest House
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 1017067050200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,623

Year Built

Built in 1980

Lot Details

1.41 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North on Corrales Road, Right on Rincon Road all the way to home at the end.
  • Year Built: 1980
  • Horses: Yes
  • Lot Size Acres: 1.41
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Solar Panel(s), Windows
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Brick, Concrete
  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Instant Hot Water, Microwave, Refrigerator, Water Softener Owned, Washer
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Speed Internet, Kitchen Island, Multiple Living Areas, Main Level Master, Multiple Master Suites, Skylights, Sunken Living Room, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Kiva, Log Lighter, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 3439.0
  • Window Features: Double Pane Windows, Insulated Windows, Low Emissivity Windows, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Fully Fenced, Fire Pit, Outdoor Grill, Private Yard, Sprinkler/Irrigation
  • Roof: Pitched
  • Fencing: Gate
  • Lot Features: Garden, Lawn, Sprinklers Automatic, Trees
  • Pool Features: Gunite, Heated, In Ground, Pool Cover, Solar Heat
  • Pool Private: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe, Frame, Synthetic Stucco
  • Direction Faces: North
  • Other Structures: Barn(s), Guest House, Storage
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Heated Garage, Oversized

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: Photovoltaics Seller Owned
  • Heating: Central, Forced Air, Multiple Heating Units, Radiant
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Private, Well
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Green Features

  • Green Power: Solar

Lot Info

  • Current Use: Horses
  • Land Lease: No
  • Lot Size Sq Ft: 61419.6
  • Parcel #: 1017067050200
  • Zoning Description: Y11

Tax Info

  • Tax Annual Amount: 6623.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Erickson Ken and Erickson Laura
Bought by
Ken And Laura Erickson Family Trust and Erickson
Current Estimated Value
$1,054,000

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 21, 2021
Sold by
Lukes Peter T and Lukes Catherine H
Bought by
Erickson Ken and Erickson Laura
Seller's Agent
Remington Properties LLC
Realty One of New Mexico
Buyer's Agent
Remington Properties LLC
Realty One of New Mexico
List Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.97%
Original Mortgage
$1,150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Hutchinson Keith B and Hutchinson Katherine E
Bought by
Lukes Peter T and Lukes Catherine H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ken And Laura Erickson Family Trust -- None Listed On Document
Ken And Laura Erickson Family Trust -- None Listed On Document
Erickson Ken -- Old Republic Natl Ttl Ins Co
Lukes Peter T $312,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Ken $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold -- -- --
08/25/2021 08/25/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $1,200,000 -- $349 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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 $14,295 $385,751 $100,535 $285,216
2024 $13,680 $374,515 $95,880 $278,635
2023 $13,680 $363,607 $95,880 $267,727
2022 $13,697 $364,047 $86,950 $277,097
2021 $6,824 $180,160 $71,069 $109,091
2020 $6,623 $174,912 $0 $0
2019 $6,116 $188,354 $0 $0
2018 $6,546 $182,868 $0 $0
2017 $6,008 $177,542 $0 $0
2016 $6,583 $172,371 $0 $0
2014 $6,330 $172,371 $0 $0
2013 -- $170,371 $70,500 $99,871
Source: Public Records

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Map

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

MLS Number: 999706

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-067-050-200

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