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5 Ocotillo Way, Placitas, NM, 87043

$585,000

Home List Price

$6,947*

Closing Credit

3 Bedrooms
1 Full Bath
1,923 SqFt
$304/SqFt
House
Schools Nearby

Location

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5 Ocotillo Way, Placitas$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2011
HeatingOther
CoolingCentral Air
FireplaceWood Burning
MLS #1058067
Lot Size1.02 Acres
StatusActive

About 5 Ocotillo Way

$10,000 flex cash to buyer! Beautifully remodeled single story (no steps) custom home on Mustang Mesa with Sandia Mountain views. New updates include: LED lights & fixtures, all ceilings/walls painted, tankless H2O heater, whole-house water filtration, kitchen remodel w/steel, bamboo & walnut shelving & appliances; bathrooms remodeled w/tankless bidet toilet, front lit mirror w/fogless control. Other recent updates: stucco, windows, refrig. air/heat combo unit, flooring, partial roof, detached heated/cooled office/workshop, storage shed, carport, security door, metal gates, coyote fencing & landscaping. Walled side & backyard w/entire acre+ lot fenced. 25 min to ABQ/46 min to Santa Fe. Close to BLM land w/hiking/biking trails, wild horses roam & amazing night sky. Priced below appraisal.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom
  • Year Built: 2011
  • Stories: 1
  • Living Area: 1,923 SqFt

Listing Office:

  • Office Name: Platinum Properties & Invst.
  • Office Phone: (505) 332-1133
  • Listing Agent: Mark J Puckett

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Basement: No
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fan(s), Main Level Primary, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fully Fenced, Fence, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • 3D Tour: 5 Ocotillo Way

3D Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped, Views
  • Lot Size: 1.02 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Bernalillo High School, Public District Grades 9-12
  • Bernalillo Middle School, Public District Grades 6-8
  • Placitas Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: I-25 North to Placitas, Hwy. 165 East 6.7 miles to North on Camino De Las Huertas. 2.7 miles to Palomino and quick left on Camino De La Questa Del Aire to right on Ocotillo Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $304/SqFt

Tax Information:

  • Annual Amount: $1,763
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Placitas, NM.

Med. Sold Price

$678K

Med. Price/SqFt

$271

Avg. Days On Market

49

# of Sold Homes

12

5 Ocotillo Way vs Placitas

59 DAYS ON ROCKET

+10 Days

$585,000

-$93K Less

$304/SqFt

+$32 More

KEY TAKEAWAY

This property is $93K less than the Median Sold Price and $32/SqFt more than other homes in Placitas, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1058067

Listing Office:

  • Office Name: Platinum Properties & Invst.
  • Office Phone: (505) 332-1133
  • Listing Agent: Mark J Puckett

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,763$83,718
2019$1,692$78,912
2018$1,561$80,149
2017$1,533$72,000

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3372724
8
/10
  • Placitas Elementary School

  • 5 Calle Del Carbon

  • 2.41 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3372725
3
/10
  • Bernalillo Middle School

  • 485 Camino Don Tomas

  • 5.91 miles

  • Public District Grades 6-8

High School

school-card-donut-3372726
2
/10
  • Bernalillo High School

  • 250 Isidora Sanchez

  • 5.17 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,744. Typical income of Placitas, NM residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 Ocotillo Way

What is the listing price of this property?

The listing price of 5 Ocotillo Way property is $585,000.

What type of property is this?

The property 5 Ocotillo Way is a house located in Placitas, New Mexico, 87043.

Is this property for sale now?

Active Listing: 5 Ocotillo Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5 Ocotillo Way are:
Placitas Elementary School: GreatSchools Rating 8/10
Bernalillo Middle School: GreatSchools Rating 3/10
Bernalillo High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,763 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5 Ocotillo Way has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5 Ocotillo Way is 1,923 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5 Ocotillo Way is 2011.

Rocket HomesNew MexicoSandoval CountyPlacitas870435 Ocotillo Way

This home is located at 5 Ocotillo Way in Placitas, NM and zip code 87043. This 1,923 square foot home, which was built in 2011, sits on a 1.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $585,000.

Placitas, NM housing market in March 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. The inventory of homes for sale in Placitas, NM between February 2024 and March 2024 decreased by 12.8%. Listings spent 49 days on the market in March 2024, and had a median list price of $678,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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