Great opportunity to build equity on a quintessential Corrales adobe! This home boasts 3,465 heated square feet which includes a 487 square foot studio with 3/4 bath above the detached 2 car garage. Exposed adobe, beautiful brick floors and rustic southwest wood ceilings and accents add warmth to this home. Enjoy the beauty of the four seasons by lounging in your pool on a warm summer day, watching balloons in the fall over the golden bosque, or relax in front of any of the 4 kiva fire places during cold winter days. This home is being sold in AS-IS condition.
Sold
Price Unknown
467 Camino Arco Iris, Corrales, NM 87048
3beds
3,465sqft
Single Family Residence
Built in 1980
0.81 Acres Lot
$765,800 Zestimate®
$--/sqft
$3,382 Estimated rent
Home value
$765,800
$682,000 - $865,000
$3,382/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
The Shaffer Group 505-819-7333,
Keller Williams Realty,
Marco F Quintana 505-271-8200,
Keller Williams Realty
Bought with:
Premier Realty Partners
EXP Realty LLC
Source: SWMLS,MLS#: 1067650
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 497.25
- Dimensions: 25.5 x 19.5
Bedroom 2
- Level: Main
- Area: 129.47
- Dimensions: 10.7 x 12.1
Bedroom 3
- Level: Main
- Area: 133.21
- Dimensions: 17.3 x 7.7
Kitchen
- Level: Main
- Area: 211.25
- Dimensions: 12.5 x 16.9
Living room
- Level: Main
- Area: 294.69
- Dimensions: 14.1 x 20.9
Heating
- Baseboard, Combination
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Features
- Main Level Primary
- Flooring: Brick
- Windows: Casement Window(s), Double Pane Windows, Insulated Windows, Wood Frames
- Has basement: No
- Number of fireplaces: 4
- Fireplace features: Kiva
Interior area
- Total structure area: 3,465
- Total interior livable area: 3,465 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard
- Has private pool: Yes
- Pool features: Gunite, In Ground
Lot
- Size: 0.81 Acres
- Features: Landscaped
Details
- Additional structures: Greenhouse
- Parcel number: R047713
- Zoning description: Y11
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Pueblo
- Property subtype: Single Family Residence
Materials
- Adobe
- Roof: Flat,Pitched
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Corrales
Financial & listing details
- Tax assessed value: $828,977
- Annual tax amount: $2,369
- Date on market: 7/26/2024
- Cumulative days on market: 50 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2024 | Sold | -- |
Source:  SWMLS #1067650 Report a problem | ||
| 9/14/2024 | Pending sale | $525,000$152/sqft |
Source: SWMLS #1067650 Report a problem | ||
| 8/23/2024 | Price change | $525,000-4.5%$152/sqft |
Source: SWMLS #1067650 Report a problem | ||
| 7/26/2024 | Listed for sale | $550,000$159/sqft |
Source: SWMLS #1067650 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,618 +258.1% | $276,326 +268.6% |
| 2024 | $2,406 +2.6% | $74,967 +3% |
| 2023 | $2,347 +2% | $72,784 +3% |
| 2022 | $2,300 +0.9% | $70,664 +3% |
| 2021 | $2,280 +3% | $68,606 +3% |
| 2020 | $2,214 | $66,608 +3% |
| 2019 | -- | $64,668 +3% |
| 2018 | $1,954 -3% | $62,784 +3% |
| 2017 | $2,015 | $60,956 +3% |
| 2016 | $2,015 +1.7% | $59,180 +3% |
| 2014 | $1,981 | $57,457 +3% |
| 2013 | $1,981 | $55,783 -66.7% |
| 2011 | -- | $167,351 |
Find assessor info on the county website
Neighborhood: 87048
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Nearby schools
GreatSchools rating
- 8/10Corrales Elementary SchoolGrades: K-7Distance: 1.5 mi
- 3/10Cibola High SchoolGrades: 9-12Distance: 2.8 mi
- 4/10Taylor Middle SchoolGrades: 6-8Distance: 4.2 mi
Schools provided by the listing agent
- Middle: Taylor
- High: Cibola
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$765,800
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Estimated market value
$765,800
- New Mexico
- Sandoval County
- Corrales
- 87048
- 467 Camino Arco Iris
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