NOT LISTED FOR SALE

74 Las Colonias Algodones, NM 87001

Estimated Value: $440,000 - $566,000

7 Beds
3 Baths
3,665 Sq Ft
$130/Sq Ft Est. Value

Last Sold June 13, 2024

Current estimated payment $2,747/month

150 Days on Market

Highlights

  • Guest House
  • RV Garage
  • Meadow
  • Horses Allowed On Property
  • 3.43 Acre Lot
  • Wooded Lot

About This Home

As of June 2024

Don't miss this rare opportunity to own 3.43-acres in the heart of Algodones! This lush property encompasses three structures. # 74, is the 4-bedroom adobe main house (2522 sq ft) #76, the 3-bedroom adobe casita (1143 sq ft - included in total sq ft) and #78 a previous commercial mechanic garage/shop (2003 sq ft). Perfect for multi-generational living, agriculture and/or commercial! This property was once home to a thriving alfalfa field. This gorgeous cotton-less Cottonwood tree lined property has plenty of room for horses. City water plus water rights! Homes are being sold as-is. Bring your ideas (and your work boots) to make these once beautiful family homes brand-new again! Only 40 minutes to Santa Fe, 25 minutes to ABQ and 10 minutes to Bernalillo but a world away from city life.

Last Agent to Sell the Property

Jennifer Smith

Realty One of New Mexico License #52998 Listed on: 11/16/2023

Realty One of New Mexico

Last Buyer's Agent

Patty Culp

Coldwell Banker Legacy License #36271

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1970

Lot Details

  • 3.43 Acre Lot
  • West Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Meadow
  • Wooded Lot
  • Zoning described as RRA

Parking

  • 2 Car Garage
  • 3 Carport Spaces
  • Workshop in Garage
  • RV Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco
  • Adobe

Interior Spaces

  • 3,665 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Separate Formal Living Room
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Algodones Elementary School
  • Bernalillo Middle School
  • Bernalillo High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Cesspool

Additional Features

  • Xeriscape Landscape
  • Covered Patio or Porch
  • Guest House
  • Horses Allowed On Property

Listing and Financial Details

  • Total Actual Rent $1,600
  • Assessor Parcel Number 1-023-077-444-530

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I-25 to exit 248. Go west to Highway 313 Turn south on Highway 313/El Camino Real, then a slight left unto Los Colonias (at the fire station)
  • Listing Contract Date: 2023-11-14
  • Year Built: 1970
  • Horses: Yes
  • Lot Size Acres: 3.43
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Refrigerator
  • Interior Amenities: Bookcases, Separate/Formal Dining Room, Multiple Living Areas, Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Living Area: 3665.0
  • Window Features: Single Pane
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fully Fenced, Privacy Wall, RV Parking/RV Hookup
  • Roof: Flat, Pitched
  • Lot Features: Meadow, Trees, Wooded, Xeriscape
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe, Frame, Stucco
  • Direction Faces: West
  • Other Structures: Guest House
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 3.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, RV Garage, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public, Other, See Remarks
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Cesspool

Schools

  • Elementary School: Algodones
  • High School: Bernalillo
  • Middle Or Junior School: Bernalillo

Green Features

  • Green Power: None
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Current Use: Horses, Irrigation
  • Land Lease: No
  • Lot Size Sq Ft: 149411.0
  • Parcel #: 1-023-077-444-530
  • Zoning Description: RRA

Multi Family

  • Total Actual Rent: 1600.0

Tax Info

  • Tax Annual Amount: 1865.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Gonzales Leona and Gonzales Janet L
Bought by
Romero Leona
Current Estimated Value
$477,175

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jun 13, 2024
Sold by
Gonzales Leo V and Romero Leona
Bought by
Tri State Music & Video Llc
Seller's Agent
Jennifer Smith
Realty One of New Mexico
Buyer's Agent
Patty Culp
Coldwell Banker Legacy
List Price
$550,000
Views
311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Source: Public Records

Range of Values:

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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
Romero Leona -- None Listed On Document
Romero Leona -- None Listed On Document
Tri State Music & Video Llc $455,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold -- -- --
04/22/2024 04/22/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $525,000 -4.5% $143 / Sq Ft
11/24/2023 11/24/23 For Sale $550,000 -- $150 / 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 $2,009 $70,272 $15,741 $54,531
2023 $2,009 $68,232 $15,741 $52,491
2022 $1,950 $66,251 $0 $0
2021 $1,917 $64,328 $15,741 $48,587
2020 $1,917 $64,328 $0 $0
2019 $1,874 $62,461 $0 $0
2018 $1,691 $60,649 $0 $0
2017 $1,641 $58,889 $0 $0
2016 $1,889 $58,889 $0 $0
2014 $1,750 $58,889 $0 $0
2013 -- $58,889 $14,447 $44,442
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Smith

    Seller's Agent in 2024

    Jennifer Smith

    Realty One of New Mexico

    (505) 980-6831

    1 in this area

    35 Total Sales

    Jennifer Smith
    Section Image
  • Patty Culp

    Buyer's Agent in 2024

    Patty Culp

    Coldwell Banker Legacy

    (505) 440-9895

    1 in this area

    109 Total Sales

    Patty Culp
    Section Image
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Map

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

MLS Number: 1044863

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-077-444-530

New Mexico Sandoval County Algodones 87001

74 Las Colonias, Algodones, NM

This home is located at 74 Las Colonias, Algodones, NM 87001 since 16 November 2023 and is currently estimated at $477,175, approximately $130 per square foot. This property was built in 1970. 74 Las Colonias is a home located in Sandoval County with nearby schools including Bernalillo 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.

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