NOT LISTED FOR SALE

715 Branding Iron Dr SE Albuquerque, NM 87123

Four Hills Village Neighborhood

Estimated Value: $628,000 - $764,000

5 Beds
4.5 Baths
3,436 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 31, 2023

Current estimated payment $4,523/month

Highlights

  • Deck
  • 2 Fireplaces
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Multiple Living Areas
  • Thermal Windows

About This Home

As of March 2023

Come take a look at this beautifully renovated four hills home. It has plenty of room to spread out or allow for an income producing property for one of the levels while you can live on the other level. This home is currently being used as a short term rental and has had a TON of activity over the past year grossing over $100,000 in income. Whether you decide to use as an investment or a home for yourself the attention to detail when renovating most definitely sets this home apart.

Last Agent to Sell the Property

The Buchman Group

Keller Williams Realty Listed on: 02/09/2023

Keller Williams Realty

Co-Listed By

Steven Baca

Keller Williams Realty License #50151

Last Buyer's Agent

Svemir Savic

Realty One of New Mexico License #39203

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • South Facing Home
  • Zoning described as R-1D*

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,436 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • Multiple Living Areas
  • Electric Dryer Hookup

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Apache Elementary School
  • Grant Middle School
  • Manzano High School

Utilities

  • Two cooling system units
  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 102205523921540536

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,090

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Tramway & 4 Hills Road go south on 4 Hills Road until hit hit the fork and then go right on Stagecoach until it turns into Wagon Train to Sagebrush Trail until you get to Branding Iron then go Left and 715 Branding Iron will be on the left side.
  • Listing Contract Date: 2023-01-03
  • Year Built: 1975
  • Lot Size Acres: 0.26
  • Co List Office Mls Id: KWLR01
  • Co List Office Phone: (505) 271-8200
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Multiple Living Areas, Main Level Master, Pantry
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3436.0
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Deck
  • Roof: Flat
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Refrigerated, 2 Units
  • Electric: None
  • Heating: Central, Forced Air, Multiple Heating Units
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Apache
  • High School: Manzano
  • Middle Or Junior School: Grant

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 102205523921540536
  • Zoning Description: R-1D*

Tax Info

  • Tax Annual Amount: 4090.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
May 8, 2023
Sold by
Arora Prashant and Arora Harkesh
Bought by
Portico Investments Llc
Seller's Agent
The Buchman Group
Keller Williams Realty
Buyer's Agent
Svemir Savic
Realty One of New Mexico
List Price
$675,000
Current Estimated Value
$700,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%
Original Mortgage
$487,125
Outstanding Balance
$473,406
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$207,285

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 31, 2023
Sold by
Gilmore Eric B
Bought by
Arora Harkesh and Arora Prashant
Seller's Agent
The Buchman Group
Keller Williams Realty
Buyer's Agent
Svemir Savic
Realty One of New Mexico
List Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,125
Outstanding Balance
$473,406
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$207,285

Purchase Details

Closed on
Oct 15, 2021
Sold by
Ebg Llc
Bought by
Gilmore Eric B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2021
Sold by
Gilmore Gail B and Gilmore Eric B
Bought by
Gilmore Eric B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2020
Closed on
Feb 10, 2021
Sold by
Peterson Ryan T and The Richard E Peterson Revocab
Bought by
Ebg Llc
Seller's Agent
Josh Goss
Tradition
Buyer's Agent
Anthony Base
Realty One of New Mexico
List Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Jul 18, 2005
Sold by
Peterson Richard Edward
Bought by
Peterson Richard E and Peterson Richard Edward
Source: Public Records

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 Buyer Sale Price Title Company
Portico Investments Llc -- None Listed On Document
Arora Harkesh -- Centric Title
Gilmore Eric B -- Stewart Title
Gilmore Eric B -- Stewart Title
Ebg Llc -- Stewart Title
Peterson Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Harkesh $487,125
Previous Owner Gilmore Eric $500,000
Previous Owner Gilmore Eric B $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold -- -- --
02/09/2023 02/09/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $675,000 +80.0% $196 / Sq Ft
02/16/2021 02/16/21 Sold -- -- --
01/12/2021 01/12/21 Pending -- -- --
01/07/2021 01/07/21 Price Changed $375,000 -3.6% $111 / Sq Ft
12/14/2020 12/14/20 Price Changed $389,000 -2.5% $115 / Sq Ft
11/27/2020 11/27/20 For Sale $399,000 -- $118 / 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 $8,585 $203,489 $35,996 $167,493
2023 $5,661 $132,479 $37,076 $95,403
2022 $5,471 $128,620 $35,996 $92,624
2021 $4,092 $98,643 $41,729 $56,914
2020 $4,022 $95,770 $40,514 $55,256
2019 $3,902 $92,981 $39,334 $53,647
2018 $3,760 $92,981 $39,334 $53,647
2017 $3,642 $90,274 $38,189 $52,085
2016 $3,535 $85,091 $35,996 $49,095
2015 $85,091 $85,091 $35,996 $49,095
2014 $3,551 $85,624 $35,996 $49,628
2013 -- $85,624 $35,996 $49,628
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Buchman Group

    Keller Williams Realty

    (505) 417-5976

    5 in this area

    165 Total Sales

    The Buchman Group
    Section Image
  • Steven Baca

    Seller Co-Listing Agent in 2023

    Steven Baca

    Keller Williams Realty

    5 in this area

    94 Total Sales

    Steven Baca
    Section Image
  • Svemir Savic

    Buyer's Agent in 2023

    Svemir Savic

    Realty One of New Mexico

    (505) 907-7477

    1 in this area

    70 Total Sales

    Svemir Savic
    Section Image
  • Josh Goss

    Seller's Agent in 2021

    Josh Goss

    Tradition

    (505) 604-7826

    2 in this area

    122 Total Sales

    Josh Goss
    Section Image

  • A

    Buyer's Agent in 2021

    Anthony Base

    Realty One of New Mexico

    Section Image
See All Agents

Map

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

MLS Number: 1029424

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-055-239215-4-05-36

New Mexico Bernalillo County Albuquerque 87123 Four Hills Village

715 Branding Iron Dr SE, Albuquerque, NM

This home is located at 715 Branding Iron Dr SE, Albuquerque, NM 87123 since 09 February 2023 and is currently estimated at $700,161, approximately $203 per square foot. This property was built in 1975. 715 Branding Iron Dr SE is a home located in Bernalillo County with nearby schools including Apache Elementary School, Grant Middle School, and Manzano 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