8 days on rocket

5516 La Colonia Dr NW, Albuquerque, NM, 87120

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
3,425 SqFt
$248/SqFt
House

Location

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5516 La Colonia Dr NW, Albuquerque$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage, Oversized
Attached Garage2 spaces
Year Built1999
HeatingRadiant
FireplaceCustom, Gas Log
Private PoolYes
MLS #1074291
Lot Size0.40 Acres
StatusActive

About 5516 La Colonia Dr NW

Gorgeous custom built Southwest style beauty nestled on a .40 acre hilltop property in the Taylor Ridge community! Home features 3,425sf, 3 bedroom suites with private baths, an office, loft and pool with hot tub. Stunning main living area with saltillo tile, raised beamed ceiling with hand carved vigas, kiva fireplace and large picture windows showcasing the spectacular mountain views. Chefs kitchen with ample cabinet space, built-in oven, cooktop, custom range hood, microwave, fridge and breakfast bar. First floor owner's suite with beamed ceiling, mountain views, outside access and spa like bath! Downstairs find the second living area with access to the pool deck! Enjoy your own private oasis in the amazing backyard with dramatic mountain views, a built-in pool & hot tub. Radiant heat

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 2
  • Living Area: 3,425 SqFt

Listing Office:

  • Office Name: The Maez Group
  • Office Phone: (505) 718-4980
  • Listing Agent: Joseph E Maez

Interior Features

Interior Information:

  • Appliances: Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Beamed Ceilings, Breakfast Bar, Breakfast Area, Dual Sinks, Family/Dining Room, Great Room, Garden Tub/Roman Tub, High Ceilings, Home Office, Kitchen Island, Living/Dining Room, Multiple Living Areas, Main Level Primary, Multiple Primary Suites, Skylights, Separate Shower, Cable TV, Water Closet(s)
  • Fireplace: Custom, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Private Yard, Water Feature

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 5516 La Colonia Dr NW
3D Tour

Lot Features

Lot Information:

  • Lot: Landscaped, Views
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Radiant

Other

Directions Information:

  • Directions: Coors & Montano west on Montano, take a left on Montano Plaza heading south, take 3rds right at La Colonia, House is around the corner on the left. Over looking Bosque w/ mountain and city views.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $5,580
  • Tax Year: 2020
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Housing Market Comparison

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

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Albuquerque, NM

City

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

5516 La Colonia Dr NW vs Albuquerque

8 DAYS ON ROCKET

-25 Days

$850,000

+$505.9K More

$248/SqFt

+$43 More

KEY TAKEAWAY

This property is $505.9K more than the Median Sold Price and $43/SqFt more than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1074291

Listing Office:

  • Office Name: The Maez Group
  • Office Phone: (505) 718-4980
  • Listing Agent: Joseph E Maez

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: 11/29/2024, 3:20:47 PM 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
2020$5,580$130,095
2019$5,223$126,306
2018$5,063$122,627
2017$5,063$119,056

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Nearby Schools

school-card-donut-2415894
3
/10

  • Marie Hughes Elementary School

  • 5701 Mojave St NW

  • 1.16 miles

  • Public District Grades KG-5

school-card-donut-2415895
6
/10

  • Chamiza Elementary School

  • 5401 Homestead Cir NW

  • 1.54 miles

  • Public District Grades KG-5

school-card-donut-2415896
5
/10

  • Chaparral Elementary School

  • 6325 Milne Rd NW

  • 1.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,068. The majority of Albuquerque, NM residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5516 La Colonia Dr NW

What is the listing price of this property?

The listing price of 5516 La Colonia Dr NW property is $850,000.

What type of property is this?

The property 5516 La Colonia Dr NW is a house located in Albuquerque, New Mexico, 87120.

Is this property for sale now?

Active Listing: 5516 La Colonia Dr NW 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 2020 is $5,580 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5516 La Colonia Dr NW has 3 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 5516 La Colonia Dr NW is 3,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5516 La Colonia Dr NW is 1999.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87120›5516 La Colonia Dr NW

This home is located at 5516 La Colonia Dr NW in Albuquerque, NM and zip code 87120 in the Taylor Ranch neighborhood. This 3,425 square foot home, which was built in 1999, sits on a 0.40 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $850,000.

Albuquerque, NM housing market in October 2024 saw over 94 listings sold above listed price, more than 148 sold at listed price and over 288 sold below. Between September 2024 and October 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.2%. While the average time on the market in October 2024 was 33 days, the median list price was $344,019.

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

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