Escape the hustle and bustle of city life and enjoy the serenity of mountain living at 40 Mulberry Loop. This beautiful home is nestled in the picturesque mountains of Cedar Crest, offering a peaceful retreat while still being just a 20-minute drive from Albuquerque! Enjoy the best of both worlds - the tranquility of nature with the convenience of a short commute to the city. Set on a spacious lot surrounded by stunning pine trees and fresh mountain air, this home provides privacy and breathtaking views of the Sandia Mountains. With 3 bedrooms, 2 bathrooms, and an open-concept living space, it's perfect for those seeking a lifestyle of comfort and tranquility. The large windows flood the home with natural light and showcase the beauty of the surrounding landscape. View this beauty today!
Property Details
Property Features
Property Information:
Year Built: 1973
Stories: 2
Living Area: 2,595 SqFt
Listing Office:
Office Name: Oso Elite Realty
Office Phone: (505) 477-0400
Listing Agent: Richard R Gonzales
Interior Features
Interior Information:
Basement: No
Flooring Type: Carpet, Laminate, Tile
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: None
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot Size: 1.00 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: I-40 to exit 175 -- take NM 14 North for 5 miles to right on Ridge Dr. --first right on Mulberry Loop, all the way around Loop ,property on right.
Price Information
Listing Price Info
Price Summary:
List Price: $515,000
Price Per SqFt: $198/SqFt
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 Cedar Crest, NM.
This property is $60K more than the Median Sold Price and $4/SqFt less than other homes in Cedar Crest, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1072623
Listing Office:
Office Name: Oso Elite Realty
Office Phone: (505) 477-0400
Listing Agent: Richard R Gonzales
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.
$2,638
Per Month
Principal & Interest
$2,571
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)
$0
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
$1,610
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
9
/10
San Antonito STEM Magnet Elementary School
12555 State Highway 14 N
Distance between this listing and this school1.80 miles
Public District Grades KG-5
6
/10
A. Montoya Elementary School
24 Public School Rd
Distance between this listing and this school5.39 miles
Public District Grades PK-5
7
/10
Route 66 Elementary School
805 Barton Rd
Distance between this listing and this school7.83 miles
Public District Grades KG-5
Nearby Schools
6
/10
Roosevelt Middle School
11799 New Mexico 337
Distance between this listing and this school5.29 miles
Public District Grades 6-8
4
/10
Hoover Middle School
12015 Tivoli Ave NE
Distance between this listing and this school8.67 miles
Public District Grades 6-8
9
/10
Eisenhower Middle School
11001 Camero Ave NE
Distance between this listing and this school9.13 miles
Public District Grades 6-8
Nearby Schools
7
/10
East Mountain High School
25 La Madera Rd
Distance between this listing and this school2.03 miles
Public Charter Grades 9-12
5
/10
Eldorado High School
11300 Montgomery Blvd NE
Distance between this listing and this school9.01 miles
Public District Grades 9-12
8
/10
Abq School of Excellence
13201 Lomas Blvd NE
Distance between this listing and this school9.13 miles
The neighbors living near this home have an average income of $90,495. Residents of Cedar Crest, NM typically earn between $35k-100k each year. 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 40 Mulberry Loop
What is the listing price of this property?
The listing price of 40 Mulberry Loop property is $515,000.
What type of property is this?
The property 40 Mulberry Loop is a house located in Cedar Crest, New Mexico, 87008.
Is this property for sale now?
Active Listing: 40 Mulberry Loop is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 40 Mulberry Loop has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 40 Mulberry Loop is 2,595 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 40 Mulberry Loop is 1973.
This home is located at 40 Mulberry Loop in Cedar Crest, NM and zip code 87008. This 2,595 square foot home, which was built in 1973, sits on a 1.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $515,000.
Over 0 listings were sold over their listed price in November 2024 in Cedar Crest, NM. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Cedar Crest, NM between October 2024 and November 2024 decreased by 47.1%.
From Rocket Homes Real Estate and based on county public records data.