2 months on rocket

Sale Pending

457 El Rey Dr, Corrales, NM, 87048

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
1 Full Bath
1,986 SqFt
$340/SqFt
House

Location

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457 El Rey Dr, Corrales$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1983
HeatingOther, Natural Gas
CoolingCentral Air
MLS #1071248
Lot Size0.88 Acres
StatusSale Pending
(Pending)

About 457 El Rey Dr

Fully renovated adobe home with beautifully refinished brick floors and new water resistant laminate wood flooring. Fresh interior paint throughout. Modern lighting. All new bathrooms and custom kitchen. Brand new stainless steel appliances included. New Refrigerated air and heat combo unit. New water softener (owned). Large laundry room. Open kitchen to living room floor plan. Gorgeous river valley and mountain views. Large .89 acre lot with extra parking for RV, boat, etc.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Living Area: 1,986 SqFt

Listing Office:

  • Office Name: Capstone Realty, LLC
  • Office Phone: (505) 850-7545
  • Listing Agent: Aaron Jackson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener
  • Basement: No
  • Flooring Type: Brick, Laminate, Tile
  • Interior: Beamed Ceilings, Breakfast Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Main Level Primary, Shower Only, Skylights, Separate Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fully Fenced, Fence, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Finished Garage, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Corrales Rd. and Alameda - Drive west .3 miles on Alameda. Turn right on Ellison Dr and continue onto Loma Larga Rd. Drive for .5 miles and then turn left onto El Rey Dr. The home is up the hill about .5 miles and on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $340/SqFt

Tax Information:

  • Annual Amount: $2,966
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$680K

Med. Price/SqFt

$284

Avg. Days On Market

57

# of Sold Homes

12

457 El Rey Dr vs Corrales

86 DAYS ON ROCKET

+29 Days

$675,000

-$5K Less

$340/SqFt

+$55 More

KEY TAKEAWAY

This property is $5K less than the Median Sold Price and $55/SqFt more than other homes in Corrales, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1071248

Listing Office:

  • Office Name: Capstone Realty, LLC
  • Office Phone: (505) 850-7545
  • Listing Agent: Aaron Jackson

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: 12/21/2024, 11:20:50 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$2,966$90,174
2019$2,667$84,998
2018$2,568$82,522
2017$2,355$80,119

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-702768
5
/10
  • Seven Bar Elementary School

  • 4501 Seven Bar Loop Rd NW

  • 1.44 miles

  • Public District Grades KG-5

school-card-donut-702769
7
/10
  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 2.08 miles

  • Public District Grades KG-5

school-card-donut-702770
6
/10
  • Rio Rancho Elementary School

  • 4601 Pepe Ortiz Rd SE

  • 2.09 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,451. Typical income of Corrales, NM residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents 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 457 El Rey Dr

What is the listing price of this property?

The listing price of 457 El Rey Dr property is $675,000.

What type of property is this?

The property 457 El Rey Dr is a house located in Corrales, New Mexico, 87048.

Is this property for sale now?

Sale Pending: 457 El Rey Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,966 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 457 El Rey Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 457 El Rey Dr is 1,986 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 457 El Rey Dr is 1983.

Rocket HomesNew MexicoSandoval CountyCorrales87048457 El Rey Dr

This home is located at 457 El Rey Dr in Corrales, NM and zip code 87048. This 1,986 square foot home, which was built in 1983, sits on a 0.88 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $675,000.

Over 1 listings were sold over their listed price in November 2024 in Corrales, NM. In the same period over 6 listings were sold below the listed price and 5 listings were sold for the listed price. Between October 2024 and November 2024, Corrales, NM real estate market has seen decrease in the number of listings by 14.7%. Listings spent 57 days on the market in November 2024, and had a median list price of $680,000 during the same period.

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

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