NOT LISTED FOR SALE

7575 Corrales Rd Corrales, NM 87048

Estimated Value: $457,000 - $526,000

1 Bed
1 Bath
730 Sq Ft
$660/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2018

Current estimated payment $2,861 / mo

32 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Main Floor Primary Bedroom
  • Corrales Elementary School Rated A-
  • Wood Burning Stove
  • Thermal Windows

About This Home

As of August 2018

Charming bungalow that one can live in while building your dream home on this 1.3 acre lot bordering the ditch with irrigation rights. Stay warm on winter nights sitting on the banco by a wood-burning stove. The land is fenced on three sides, is surrounded by farms and expensive homes and has room for horses. Enjoy quiet mornings and evening sunsets on the porch.This home has been a successful Air BnB and sits away from the road down a country lane, a very private retreat. Natural gas has been brought in, there is no propane.Building plans are available, see architect's rendering in photos.

Last Agent to Sell the Property

MARY LYDEN

Realty One of New Mexico License #40376 Listed on: 06/14/2018

Realty One of New Mexico

Last Buyer's Agent

Ducarmel Germain

Realty One of New Mexico

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,935

Lot Details

  • 1.3 Acre Lot
  • East Facing Home
  • Landscaped
  • Zoning described as A-1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 730 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Stove
  • Thermal Windows
  • Open Floorplan
  • Tile Flooring
  • Free-Standing Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • Wheelchair Access
  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 10116070420092

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,935

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: North 5 miles on Corrales Rd from Alameda. Look for the horse sign on the left and R1 directional. West down long road to home.
  • Horses: Yes
  • Lot Size Acres: 1.3
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Free-Standing Electric Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Family/Dining Room, High Speed Internet, Living/Dining Room, Main Level Master
  • Stories: 1
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 730.0
  • Window Features: Thermal Windows

Exterior Features

  • Exterior Features: Deck
  • Roof: Pitched, Shingle
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: UNK
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas, Wood Stove, Wall Furnace
  • Water Source: Well
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Schools

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

Lot Info

  • Current Use: Horses
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 56802.0
  • Parcel #: 10116070420092
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 2935.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Aug 15, 2018
Sold by
Torres Michael J and Codd Donna T
Bought by
Miku Llc
Seller's Agent
MARY LYDEN
Realty One of New Mexico
Buyer's Agent
Ducarmel Germain
Realty One of New Mexico
List Price
$300,000
Current Estimated Value
$482,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 2, 2014
Sold by
Deaton Henry and Deaton Karen
Bought by
Torres Michael J and Codd Donna T
Seller's Agent
Ann Taylor
Corrales Realty
Buyer's Agent
Mary Lou Lyden
Keller Williams Realty
List Price
$249,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$154,325
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 30, 2014
Sold by
Deaton Henry and Deaton Karen
Bought by
Torres Michael J and Codd Donna T
Seller's Agent
Ann Taylor
Corrales Realty
Buyer's Agent
Mary Lou Lyden
Keller Williams Realty
List Price
$249,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,325
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 15, 2014
Sold by
Cates Barbara Deaton and Cates William V
Bought by
Cates Barbara Deaton
Seller's Agent
Ann Taylor
Corrales Realty
Buyer's Agent
Mary Lou Lyden
Keller Williams Realty
List Price
$249,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,325
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Miku Llc -- Fidelity Natl Title Ins Co
Torres Michael J $229,325 Stewart Title
Torres Michael J -- None Available
Cates Barbara Deaton -- Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Michael J $154,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2018 08/15/18 Sold -- -- --
07/16/2018 07/16/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $300,000 +20.2% $411 / Sq Ft
05/06/2014 05/06/14 Sold -- -- -- View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $249,500 -- $342 / 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 $3,656 $98,657 $73,968 $24,689
2024 $3,499 $95,784 $72,379 $23,405
2023 $3,499 $92,994 $71,228 $21,766
2022 $3,397 $90,285 $69,404 $20,881
2021 $3,358 $87,655 $67,336 $20,319
2020 $3,260 $85,103 $0 $0
2019 $3,321 $91,135 $0 $0
2018 $3,103 $85,752 $0 $0
2017 $2,935 $85,752 $0 $0
2016 $3,314 $85,752 $0 $0
2014 $2,423 $65,200 $0 $0
2013 -- $33,355 $23,711 $9,644
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 921190

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-070-420-092

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