new - 3 hours on rocket

421 Ranchitos Rd, Corrales, NM, 87048

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
1,640 SqFt
$335/SqFt
House

Location

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421 Ranchitos Rd, Corrales$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1985
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #202404859
Lot Size1.00 Acres
StatusActive

About 421 Ranchitos Rd

Corrales horse property! Perfect location for this well designed property to best suite you and your horses. A well maintained 3 bedroom, 2 bath, home with a fabulous remodeled county kitchen w/LG new SS appliances, huge island, granite, pantry or study, great room, service room, and a heated/cooled 539sf garage or studio. Porch entry, pitched 3 year old roof, new CFA/Refrigerated air unit, tank less water heater, softner and irrigation well. Separate 20x20 storage building. Pipe Fenced, arena, three runs, tack/feed shed, enough room for a pasture, and a new barn. Horse friendly neighborhood, access to the Corrales trail system. A great place to call home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1985
  • Living Area: 1,640 SqFt

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: Robin K. Riegor

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Softener, Washer, Tankless Water Heater
  • Basement: No
  • Flooring Type: Carpet, Laminate
  • Interior: No Interior Steps

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Horse Facilities

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Corrales Road, West on Coronado, south on Ranchitos to 421. Or Loma Larga, East on Ranchitos to 421 on south.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $335/SqFt

Tax Information:

  • Annual Amount: $3,813
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$689K

Med. Price/SqFt

$288

Avg. Days On Market

43

# of Sold Homes

10

421 Ranchitos Rd vs Corrales

1 DAY ON ROCKET

-42 Days

$550,000

-$139K Less

$335/SqFt

+$47 More

KEY TAKEAWAY

This property is $139K less than the Median Sold Price and $47/SqFt more than other homes in Corrales, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202404859

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: Robin K. Riegor

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® 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: 11/21/2024, 3:20:51 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$3,813$100,444
2019 - $43,344
2018 - $42,082
2017 - $40,856

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-168294
7
/10
  • Corrales Elementary School

  • 200 Target Rd

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-168295
6
/10
  • Rio Rancho Elementary School

  • 4601 Pepe Ortiz Rd SE

  • 1.93 miles

  • Public District Grades KG-5

school-card-donut-168296
4
/10
  • Alameda Elementary School

  • 412 Alameda Blvd NW

  • 2.38 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,364. The majority of Corrales, NM residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Corrales, 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.

Types of housing in Corrales, NM.

The housing landscape in Corrales is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes often feature Southwestern and Pueblo-style architecture, reflecting the region's cultural heritage. The area also offers a selection of townhouses and a limited number of apartments, providing options for various living preferences. The majority of the homes were built between the 1970s and the 1990s, with a homeownership rate that is high, indicating a stable residential community.

What is it like to live in Corrales, NM?

Corrales maintains a rural charm and a strong sense of community, celebrated for its agricultural roots and open spaces. The village prides itself on its local art scene, with numerous galleries and studios dotting the area. Seasonal events, such as the Corrales Harvest Festival, embody the community's connection to its agrarian history and foster a sense of togetherness among residents.

Is it easy to get around Corrales, NM without a car?

Residents of Corrales have access to a range of essential services. The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available in nearby cities, offering comprehensive care including urgent and primary care. The village also features a public library, and local retail and dining establishments reflect the unique culture of the area, with a focus on locally-sourced products and traditional New Mexican cuisine.

Transportation in Corrales, NM.

Transportation in Corrales is primarily oriented towards private vehicles, with well-maintained roads connecting residents to nearby cities and amenities. Public transit options are available, with services connecting to the larger metropolitan area. The village's layout and scenic trails also encourage walking and biking, with certain areas being particularly pedestrian-friendly. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.

Frequently Asked Questions About 421 Ranchitos Rd

What is the listing price of this property?

The listing price of 421 Ranchitos Rd property is $550,000.

What type of property is this?

The property 421 Ranchitos Rd is a house located in Corrales, New Mexico, 87048.

Is this property for sale now?

Active Listing: 421 Ranchitos Rd 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 $3,813 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 421 Ranchitos Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 421 Ranchitos Rd is 1,640 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 421 Ranchitos Rd is 1985.

Rocket HomesNew MexicoSandoval CountyCorrales87048421 Ranchitos Rd

This home is located at 421 Ranchitos Rd in Corrales, NM and zip code 87048. This 1,640 square foot home, which was built in 1985, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $550,000.

In October 2024, from all listings sold in Corrales, NM there were more than 2 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of listings in Corrales, NM decreased by 3.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $689,000, while the average time on the real estate market was 43 days.

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

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