Priced $41,500 below current appraisal for immediate sale! Beautifully remodeled single story (no steps) custom home on Mustang Mesa w/Sandia Mtn views. New updates include: LED lights & fixtures, all ceilings/walls painted, tankless H2O heater, whole-house water filtration, kitchen remodel w/steel, bamboo & walnut shelving & appliances; bathrooms remodeled w/tankless bidet toilet, front lit mirror w/fogless control. Other recent updates: stucco, windows, refrig. air/heat combo unit, flooring, partial roof, detached heated/cooled office/workshop, storage shed, carport, security door, metal gates, coyote fencing & landscaping. Walled side & backyard w/entire acre+ lot fenced (great for RV parking). Close to BLM land w/hiking/biking trails, wild horses roam & amazing night sky. Welcome home
Property Details
Property Features
Property Information:
Architectural Style: Custom
Year Built: 2011
Stories: 1
Living Area: 2,056 SqFt
Listing Office:
Office Name: Platinum Properties & Invst.
Office Phone: (505) 332-1133
Listing Agent: Mark J Puckett
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
Basement: No
Flooring Type: Laminate, Tile
Interior: Ceiling Fan(s), Main Level Primary, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
Fireplace: Wood Burning
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, Garage, Garage Door Opener
Virtual/3D Tour
3D Tour: 5 Ocotillo Way
3D Tour
Lot Features
Lot Information:
Lot: Cul-De-Sac, Landscaped, Views
Lot Size: 1.02 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Central Air
School Info
Assigned Schools Information:
Bernalillo High School, Public District Grades 9-12
Bernalillo Middle School, Public District Grades 6-8
Placitas Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: I-25 North to Placitas, Hwy. 165 East 6.7 miles to North on Camino De Las Huertas. 2.7 miles to Palomino and quick left on Camino De La Questa Del Aire to right on Ocotillo Way.
Price Information
Listing Price Info
Price Summary:
List Price: $548,500
Price Per SqFt: $267/SqFt
Tax Information:
Annual Amount: $1,763
Tax Year: 2021
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 Placitas, NM.
This property is $128K less than the Median Sold Price and $6/SqFt less than other homes in Placitas, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1058067
Listing Office:
Office Name: Platinum Properties & Invst.
Office Phone: (505) 332-1133
Listing Agent: Mark J Puckett
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,805
Per Month
Principal & Interest
$2,738
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
$1,711
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.
Elementary School
9
/10
Placitas Elementary School
5 Calle Del Carbon
Distance between this listing and this school2.41 miles
Public District Grades PK-5
Middle School
3
/10
Bernalillo Middle School
485 Camino Don Tomas
Distance between this listing and this school5.91 miles
Public District Grades 6-8
High School
4
/10
Bernalillo High School
250 Isidora Sanchez
Distance between this listing and this school5.17 miles
Public District Grades 9-12
Assigned Schools
9
/10
Placitas Elementary School
5 Calle Del Carbon
Distance between this listing and this school2.41 miles
Public District Grades PK-5
Nearby Schools
3
/10
Algodones Elementary School
1300 Highway 313
Distance between this listing and this school3.38 miles
Public District Grades PK-5
3
/10
Bernalillo Elementary School
301 Calle Del Carbon
Distance between this listing and this school6.07 miles
Public District Grades 3-5
Assigned Schools
3
/10
Bernalillo Middle School
485 Camino Don Tomas
Distance between this listing and this school5.91 miles
Public District Grades 6-8
Nearby Schools
9
/10
Mountain View Middle School
4101 Montreal Loop NE
Distance between this listing and this school7.59 miles
Public District Grades 6-8
9
/10
Rio Rancho Middle School
1600 Loma Colorado Blvd NE
Distance between this listing and this school12.11 miles
Public District Grades 6-8
Assigned Schools
4
/10
Bernalillo High School
250 Isidora Sanchez
Distance between this listing and this school5.17 miles
Public District Grades 9-12
Nearby Schools
7
/10
V Sue Cleveland High School
4800 Laban Rd NE
Distance between this listing and this school10.80 miles
Public District Grades 9-12
8
/10
Rio Rancho High School
500 Laser Rd NE
Distance between this listing and this school11.32 miles
The neighbors living near this home have an average income of $64,744. Typical income of Placitas, NM residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5 Ocotillo Way
What is the listing price of this property?
The listing price of 5 Ocotillo Way property is $548,500.
What type of property is this?
The property 5 Ocotillo Way is a house located in Placitas, New Mexico, 87043.
Is this property for sale now?
Active Listing: 5 Ocotillo Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5 Ocotillo Way are: Placitas Elementary School: GreatSchools Rating 9/10Bernalillo Middle School: GreatSchools Rating 3/10Bernalillo High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,763 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 5 Ocotillo Way has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5 Ocotillo Way is 2,056 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5 Ocotillo Way is 2011.
This home is located at 5 Ocotillo Way in Placitas, NM and zip code 87043. This 2,056 square foot home, which was built in 2011, sits on a 1.02 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $548,500.
Placitas, NM housing market in April 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. The number of homes for sale in Placitas, NM decreased by 8.3% between March 2024 and April 2024. The median list price of listings available in April 2024 was $676,500, while the average time on the real estate market was 19 days.
From Rocket Homes Real Estate and based on county public records data.