1 month on rocket

Sale Pending

5220 Corrales Rd, Corrales, NM, 87048

$1,095,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
4,430 SqFt
$247/SqFt
House
Schools Nearby

Location

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5220 Corrales Rd, Corrales$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Detached, Garage, Two Car Garage, Garage Door Opener
Garage4 spaces
Year Built1992
HeatingCentral, Forced Air, Multi Unit(s)
CoolingMulti Unit(s), Central Air
FireplaceKiva, Multi-Sided, Wood Burning
MLS #1058533
Lot Size1.00 Acres
StatusSale Pending
(Pending)

About 5220 Corrales Rd

Eastside Corrales gem! This home's layout is nothing short of spectacular, designed to seamlessly blend entertainment spaces with luxurious living. Discover the allure of a wide-open floorplan, high ceilings, a striking 15-foot kitchen island, premium cabinetry, a Sub-Zero refrigerator/freezer, a chef's stove and double oven. The two-way wood burning fireplace sits at the heart of the home. Amazing mountain views from a generous viewing deck. Pass through oversized 2 car garage makes it easy to park toys and accessories vehicles. Casita is not included in the square footage. Situated on a full acre, close to amenities and a perfect blend of urban convenience and rustic living! Competitive owner financing with 20% down and 5.5% interest amortized over 30 years!

Property Details

Property Features

Property Information:

  • Architectural Style: Pueblo
  • Year Built: 1992
  • Stories: 2
  • Living Area: 4,430 SqFt

Listing Office:

  • Office Name: Absolute Real Estate
  • Office Phone: (505) 681-8578
  • Listing Agent: Michael Schlichte

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Water Softener
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fan(s), Dual Sinks, Kitchen Island, Loft, Multiple Living Areas, Separate Shower
  • Fireplace: Kiva, Multi-Sided, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Fence, Private Yard, Private Entrance

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Door-Multi, Detached, Garage, Two Car Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Landscaped, Views
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Multi Unit(s)
  • Cooling: Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Cibola High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Taylor Middle School, Public District Grades 6-8
  • Corrales Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Corrales Road and Alameda, head North on Corrales Road. Home is on your right, .25 miles North of Ex Novo, and the Fire Station.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $8,218
  • Tax Year: 2021
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Housing Market Comparison

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

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Corrales, NM

City

Med. Sold Price

$685K

Med. Price/SqFt

$283

Avg. Days On Market

23

# of Sold Homes

4

5220 Corrales Rd vs Corrales

50 DAYS ON ROCKET

+27 Days

$1,095,000

+$410K More

$247/SqFt

-$36 Less

KEY TAKEAWAY

This property is $410K more than the Median Sold Price and $36/SqFt less than other homes in Corrales, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1058533

Listing Office:

  • Office Name: Absolute Real Estate
  • Office Phone: (505) 681-8578
  • Listing Agent: Michael Schlichte

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, 6:25:13 AM 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$8,218$249,807
2019$5,163$164,581
2018$4,972$159,787
2017$4,561$155,133

History based on county public records data.

Payment Calculator

$5,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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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-2926163
8
/10

  • Corrales Elementary School

  • 200 Target Rd

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-2926164
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 10.99 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2926165
5
/10

  • Taylor Middle School

  • 8200 Guadalupe Trl NW

  • 4.31 miles

  • Public District Grades 6-8

High School

school-card-donut-2926166
6
/10

  • Cibola High School

  • 1510 Ellison Dr NW

  • 3.67 miles

  • Public District Grades 9-12

school-card-donut-2926167
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 7.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,648. Typical income of Corrales, NM residents is between $100k-200k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5220 Corrales Rd

What is the listing price of this property?

The listing price of 5220 Corrales Rd property is $1,095,000.

What type of property is this?

The property 5220 Corrales Rd is a house located in Corrales, New Mexico, 87048.

Is this property for sale now?

Sale Pending: 5220 Corrales Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5220 Corrales Rd are:
Corrales Elementary School: GreatSchools Rating 8/10
Coronado Elementary School: GreatSchools Rating 6/10
Taylor Middle School: GreatSchools Rating 5/10
Cibola High School: GreatSchools Rating 6/10
Nex Gen Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,218 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5220 Corrales Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5220 Corrales Rd is 4,430 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 Corrales Rd is 1992.

Rocket Homes›New Mexico›Sandoval County›Corrales›87048›5220 Corrales Rd

This home is located at 5220 Corrales Rd in Corrales, NM and zip code 87048. This 4,430 square foot home, which was built in 1992, sits on a 1.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 10, 2024 and is currently priced at $1,095,000.

In March 2024 more than 1 listings in Corrales, NM were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. Between February 2024 and March 2024, Corrales, NM real estate market has seen decrease in the number of listings by 7%. While the average time on the market in March 2024 was 23 days, the median list price was $685,000.

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

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