5 months on rocket

29 Pinon Ln, Placitas, NM, 87043

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
3,580 SqFt
$237/SqFt
House

Location

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29 Pinon Ln, Placitas$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Door-Multi, Finished Garage, Garage, Two Car Garage
Attached Garage3 spaces
Year Built1981
HeatingOther, Ductless, Multi Unit(s)
CoolingDuctless, Central Air
FireplaceCustom, Pellet Stove, Wood Burning
MLS #1065409
Lot Size6.91 Acres
StatusActive

About 29 Pinon Ln

Discover New Mexico Charm in this stunning adobe home on nearly 7 acres in the heart of Placitas. This 3,580 sq. ft. masterpiece offers 3 bedrooms and 3 bathrooms, exuding Southwest elegance. The original section showcases true craftsmanship with over 20,000 adobe blocks, 20-inch-thick walls, hand-laid brick flooring, and hand-carved wood doors adorned with Spanish tile from Guadalajara, Mexico. Extensively restored, the home now features a 755 sq. ft. addition with a second living area, stunning views, and ample storage. An additional 878 sq. ft. 3-car garage with a store room enhances the property. Modern updates include a newer septic system, hot water heater, electrical panel, and mini-splits throughout. Cozy up by one of the four fireplaces, perfect for cool New Mexico evenings.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 1
  • Living Area: 3,580 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (505) 554-3873
  • Listing Agent: The Southwest Life ReGroup

Interior Features

Interior Information:

  • Appliances: Electric Range, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Brick, Concrete, Tile
  • Interior: Beamed Ceilings, Ceiling Fan(s), Separate/Formal Dining Room, Great Room, Multiple Living Areas, Main Level Primary, Pantry, Shower Only, Separate Shower, Sunken Living Room, Walk-In Closet(s)
  • Fireplace: Custom, Pellet Stove, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard, Fence, Propane Tank - Leased

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Door-Multi, Finished Garage, Garage, Two Car Garage

Lot Features

Lot Information:

  • Lot: Landscaped, Sloped, Views
  • Lot Size: 6.91 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Driving East on US165, take a left on Juniper Road. From Juniper take a right on Pinon Lane. Property will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $237/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,161
  • Tax Year: 2021
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Housing Market Comparison

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

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Placitas, NM

City

Med. Sold Price

$642.5K

Med. Price/SqFt

$267

Avg. Days On Market

39

# of Sold Homes

11

29 Pinon Ln vs Placitas

151 DAYS ON ROCKET

+112 Days

$850,000

+$207.5K More

$237/SqFt

-$30 Less

KEY TAKEAWAY

This property is $207.5K more than the Median Sold Price and $30/SqFt less than other homes in Placitas, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1065409

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (505) 554-3873
  • Listing Agent: The Southwest Life ReGroup

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: 11/18/2024, 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
2021$3,161$141,340
2019$2,581$113,177
2018$2,272$109,881
2017$2,229$106,680

History based on county public records data.

Payment Calculator

$4,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Nearby Schools

school-card-donut-650561
9
/10

  • Placitas Elementary School

  • 5 Calle Del Carbon

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-650562
3
/10

  • Algodones Elementary School

  • 1300 Highway 313

  • 4.78 miles

  • Public District Grades PK-5

school-card-donut-650563
3
/10

  • Bernalillo Elementary School

  • 301 Calle Del Carbon

  • 5.17 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,956. Most Placitas, NM residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Placitas, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Placitas, NM?

The housing landscape in Placitas is characterized by a mix of architectural styles, with a notable presence of Southwestern adobe homes that reflect the region's cultural heritage. Single-family homes are prevalent, offering spacious living environments often accompanied by scenic views of the surrounding mountains and desert. The market also includes a selection of modern and ranch-style houses, with a focus on integrating indoor and outdoor living spaces. While the majority of residences are owner-occupied, there are opportunities for renting, catering to a range of lifestyle preferences.

Is Placitas, NM a good place to live?

Placitas maintains a serene and inviting atmosphere, with a strong sense of community that is celebrated through local art shows, farmers markets, and annual festivals. The area prides itself on its tranquil desert landscapes and the close-knit nature of its neighborhoods, which foster a peaceful living environment. Residents enjoy the blend of rural charm and cultural richness, with easy access to outdoor recreational activities such as hiking and horseback riding in the nearby Cibola National Forest and the Sandia Mountains.

Are things conveniently located in Placitas, NM?

Residents of Placitas have access to a variety of essential services within the community. The educational needs are served by a number of public and private schools in the vicinity, ensuring options for families with children. Healthcare is accessible through local clinics and nearby hospitals that provide a range of medical services. The community also benefits from a public library and a selection of retail and dining options that showcase local flavors and crafts. City initiatives are in place to continually enhance these services, adapting to the evolving needs of the population.

What does the transportation in Placitas, NM look like?

Transportation in Placitas includes a combination of private vehicle use and public transit options, with roads connecting to major highways for commuting to nearby cities such as Albuquerque. The area's public transportation system offers routes that facilitate access to employment centers and amenities, although schedules may vary. The community is also served by ride-sharing services, providing additional flexibility for residents. While some neighborhoods in Placitas are more walkable, the overall community is best navigated by car, especially given the spacious layout and rural setting.

Frequently Asked Questions About 29 Pinon Ln

What is the listing price of this property?

The listing price of 29 Pinon Ln property is $850,000.

What type of property is this?

The property 29 Pinon Ln is a house located in Placitas, New Mexico, 87043.

Is this property for sale now?

Active Listing: 29 Pinon Ln 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 2021 is $3,161 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 29 Pinon Ln has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 29 Pinon Ln is 3,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 29 Pinon Ln is 1981.

Rocket Homes›New Mexico›Sandoval County›Placitas›87043›29 Pinon Ln

This home is located at 29 Pinon Ln in Placitas, NM and zip code 87043. This 3,580 square foot home, which was built in 1981, sits on a 6.91 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $850,000.

Over 1 listings were sold over their listed price in October 2024 in Placitas, NM. In the same period over 5 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Placitas, NM decreased by 1.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $642,500, while the average time on the real estate market was 39 days.

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

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