new - 7 days on rocket

12420 Palomas Ave NE, Albuquerque, NM, 87122

$1,750,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
1 Full Bath
4,000 SqFt
$438/SqFt
House

Location

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12420 Palomas Ave NE, Albuquerque$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Detached, Garage, Oversized
Attached Garage7 spaces
Year Built2013
HeatingOther, Multi Unit(s), Natural Gas
CoolingCentral Air
FireplaceCustom, Gas Log, Log Lighter, Outside
MLS #1074574
Lot Size0.89 Acres
StatusActive

About 12420 Palomas Ave NE

Welcome to the Most Prestigious Tuscan Home in the Q! This stunning one-story estate exudes warmth, luxury, and unparalleled attention to detail. From sky-high ceilings to custom cabinets, granite countertops, and premium appliances, this home is a masterpiece of design and function. Property Highlights: 7-Car Garage: Includes a detached RV garage to accommodate all your toys and vehicles. Casita/ADU: A large, detached unit perfect for in-laws, boomerang kids, or multi-generational living a highly sought-after feature in today's market. .89acre Lot Fully gated with custom automatic copper gates, offering privacy and breathtaking views of the city. Outdoor Spaces: Meticulously designed with room to entertain. This Home combines modern amenities with timeless Tuscan Charm.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Spanish/Mediterranean
  • Year Built: 2013
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: John M Lopez

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Beamed Ceilings, Breakfast Bar, Bookcases, Ceiling Fan(s), Cathedral Ceiling(s), Family/Dining Room, Great Room, High Ceilings, Home Office, Kitchen Island, Living/Dining Room, Multiple Living Areas, Main Level Primary, Pantry, Utility Room, Walk-In Closet(s)
  • Fireplace: Custom, Gas Log, Log Lighter, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio, Private Yard, Sprinkler/Irrigation

Parking Information:

  • Garage Space: 7 spaces
  • Attached Garage: Yes
  • Parking: Attached, Detached, Garage, Oversized

Lot Features

Lot Information:

  • Lot: Landscaped, Sprinklers, Views
  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Other, Multi Unit(s), Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Tramway, West on Paseo del Norte, Left on Lowell, stay on Lowell which curves into Palamos.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000
  • Price Per SqFt: $438/SqFt

Tax Information:

  • Annual Amount: $8,749
  • Tax Year: 2020
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Housing Market Comparison

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

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Albuquerque, NM

City

Med. Sold Price

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

12420 Palomas Ave NE vs Albuquerque

7 DAYS ON ROCKET

-27 Days

$1,750,000

+$1.4M More

$438/SqFt

+$233 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $233/SqFt more than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1074574

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: John M Lopez

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: 12/4/2024, 2:20:47 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
2020$8,749$276,872
2019$8,186$268,808
2018$7,933$260,979
2017$7,933$253,378

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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NMLS#3030

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.

Nearby Schools

school-card-donut-3796814
8
/10

  • Double Eagle Elementary School

  • 8901 Lowell Dr NE

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-3796815
9
/10

  • Georgia O'Keeffe Elementary School

  • 11701 San Victorio Ave NE

  • 1.69 miles

  • Public District Grades KG-5

school-card-donut-3796816
9
/10

  • Hubert Humphrey Elementary School

  • 9801 Academy Hills Dr NE

  • 2.25 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,500. Typical income of Albuquerque, NM residents is between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12420 Palomas Ave NE

What is the listing price of this property?

The listing price of 12420 Palomas Ave NE property is $1,750,000.

What type of property is this?

The property 12420 Palomas Ave NE is a house located in Albuquerque, New Mexico, 87122.

Is this property for sale now?

Active Listing: 12420 Palomas Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,749 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 12420 Palomas Ave NE has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 12420 Palomas Ave NE is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12420 Palomas Ave NE is 2013.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87122›12420 Palomas Ave NE

This home is located at 12420 Palomas Ave NE in Albuquerque, NM and zip code 87122 in the North Albuquerque Acres neighborhood. This 4,000 square foot home, which was built in 2013, sits on a 0.89 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,750,000.

Over 86 listings were sold over their listed price in November 2024 in Albuquerque, NM. In the same period over 225 listings were sold below the listed price and 127 listings were sold for the listed price. The number of homes for sale in Albuquerque, NM decreased by 14.7% between October 2024 and November 2024. In November 2024 median list price was $344,759 and the average listing age was 34 days.

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

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