Build your custom home in the intricate gated Albuquerque Ranch Estates community! This charming gated community has stunning views of the Sandia and Manzano mountains and your lot is turnkey ready. Pad site is over ex'ed and compact. Water, electric, gas and cable are all stubbed in at the street and ready for your custom home.
Property Details
Property Features
Listing Office:
Office Name: Maestas Real Estate Services
Office Phone: (505) 463-3565
Listing Agent: Rachel Amy Bevan
Lot Features
Lot Information:
Lot: Views
Lot Size: 0.25 Acres
Other
Directions Information:
Directions: From Tramway and Spain, Head West on Spain, Turn Right on Royal Oak Dr, Turn Right on Royal Oak St, Head North until you arrive at the gate of Albuquerque Ranch Estates, go through gate, and turn right on Melloy Way to 12505 Melloy Way NE.
Price Information
Listing Price Info
Price Summary:
List Price: $299,000
HOA Fees:
Amount: $800
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $45.7K less than the Median Sold Price in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1066781
Listing Office:
Office Name: Maestas Real Estate Services
Office Phone: (505) 463-3565
Listing Agent: Rachel Amy Bevan
The 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,626
Per Month
Principal & Interest
$1,493
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$66
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$963
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Chelwood Elementary School
12701 Constitution Ave NE
Distance between this listing and this school0.52 miles
Public District Grades KG-5
8
/10
Onate Elementary School
12415 Brentwood Hills Blvd NE
Distance between this listing and this school0.68 miles
Public District Grades KG-5
3
/10
Apache Elementary School
12800 Copper Ave NE
Distance between this listing and this school1.32 miles
Public District Grades PK-5
Nearby Schools
4
/10
Jackson Middle School
10600 Indian School Rd NE
Distance between this listing and this school1.76 miles
Public District Grades 6-8
4
/10
Hoover Middle School
12015 Tivoli Ave NE
Distance between this listing and this school1.79 miles
Public District Grades 6-8
3
/10
Kennedy Middle School
721 Tomasita St NE
Distance between this listing and this school1.84 miles
Public District Grades 6-8
Nearby Schools
8
/10
Abq School of Excellence
13201 Lomas Blvd NE
Distance between this listing and this school0.71 miles
Public Charter Grades KG-12
4
/10
Manzano High School
12200 Lomas Blvd NE
Distance between this listing and this school1.16 miles
Public District Grades 9-12
8
/10
Public Academy for Performing Arts
11800 Princess Jeanne Ave NE
Distance between this listing and this school1.18 miles
The neighbors living near this home have an average income of $102,381. The majority of Albuquerque, NM residents have income between $100k-200k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 12505 Bevan Way NE
What is the listing price of this property?
The listing price of 12505 Bevan Way NE property is $299,000.
What type of property is this?
The property 12505 Bevan Way NE is land located in Albuquerque, New Mexico, 87111.
Is this property for sale now?
Active Listing: 12505 Bevan Way NE is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12505 Bevan Way NE in Albuquerque, NM and zip code 87111 in the Embudo Canyon neighborhood. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $299,000.
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, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $344,759.
From Rocket Homes Real Estate and based on county public records data.