NOT LISTED FOR SALE

1002 Tramway Ln NE Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $1,097,000 - $1,347,304

3 Beds
4 Baths
4,988 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 10, 2014

Current estimated payment $7,211/month

103 Days on Market

Highlights

  • Heated In Ground Pool
  • Custom Home
  • Deck
  • Double Eagle Elementary School Rated A-
  • 0.76 Acre Lot
  • Outdoor Fireplace

About This Home

As of November 2014

Best Value / Best Potential! Serious owner now ready to sell! Tremendous estate-like cstm home right across the street from the National Forest, hike/bike trails & foothills nature at its best. Original, one owner territorial style home w/ultimate pride of ownership, great craftsmanship & attention to detail. Ripe for revival- beautifully maintained, quality construction, best bones & setting like none other. Can you hear it? Opportunity is knocking on this wonderful home ready for the right buyer to make this a million dollar estate. Huge footage & functionality- room to roam for everyone & every use. Unbelievable park-like grounds w/view decks & balconies, cozy patio w/Kiva fireplace plus an in-ground, gunite pool. Priced to sell & allow the new owner's taste & imagination to flourish.

Last Agent to Sell the Property

Max Sanchez

Coldwell Banker Legacy License #6948 Listed on: 06/13/2014

Coldwell Banker Legacy

Last Buyer's Agent

Margaret (Peggy) Gaulden

Realty One Group Concierge License #38154

Realty One Group Concierge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1987

Lot Details

  • 0.76 Acre Lot
  • East Facing Home
  • Water-Smart Landscaping
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Territorial Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 4,988 Sq Ft Home
  • Property has 3 Levels
  • Bookcases
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Wood Frame Window
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Home Security System
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Basement

  • Walk-Out Basement
  • Partial Basement

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Double Eagle Elementary School
  • Desert Ridge Middle School
  • La Cueva High School

Utilities

  • Evaporated cooling system
  • Refrigerated Cooling System
  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Co-Op Water
  • Septic Tank

Community Details

  • Built by Dan Dalen

Listing and Financial Details

  • Assessor Parcel Number 102306347146220564

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,908

Year Built

Built in 1987

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Tramway and Academy- North past San Rafael to San Bernardino- Right (East) then quick right again on Tramway Lane- follow winding road around to #1002 Tramway Lane just west of forest line
  • Year Built: 1987
  • Lot Size Acres: 0.76
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Custom, Territorial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, Jetted Tub, Kitchen Island, Multiple Primary Suites, Skylights, Separate Shower, Water Closet(s)
  • Stories: 3
  • Basement: Partial, Walk-Out Access
  • Accessibility Features: None
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1113.0
  • Fireplace Features: Custom, Log Lighter, Wood Burning, Outside
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4988.0
  • Window Features: Clad, Double Pane Windows, Insulated Windows, Metal, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Balcony, Deck, Private Yard, Sprinkler/Irrigation
  • Roof: Bitumen, Tar/Gravel
  • Fencing: Wall
  • Lot Features: Landscaped, Sprinklers Automatic, Views
  • Pool Features: Gunite, Heated, In Ground, Pool Cover
  • Pool Private: Yes
  • View: Yes
  • Disclosures: Restricted
  • Builder Name: Dan Dalen
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Central Air, Evaporative Cooling, Refrigerated
  • Heating: Baseboard, Hot Water, Zoned
  • Water Source: Community/Coop
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Double Eagle
  • High School: La Cueva
  • Middle Or Junior School: Desert Ridge

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33106.0
  • Parcel #: 102306347146220564
  • Zoning Description: R-1

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 5908.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Faulring Eric L and Abajian Carnie
Bought by
Faulring Eric L and Abajian Carnie
Current Estimated Value
$1,213,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$279,862
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$911,946

Purchase Details

Closed on
Jul 6, 2015
Sold by
Faulring Eric L and Abajian Carnie
Bought by
Faulring Eric L and Abajian Carnie

Purchase Details

Listed on
Jun 13, 2014
Closed on
Nov 6, 2014
Sold by
Baker Mary S
Bought by
Faulring Eric L and Abajian Carnie
Seller's Agent
Max Sanchez
Coldwell Banker Legacy
Buyer's Agent
Margaret (Peggy) Gaulden
Realty One Group Concierge
List Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$417,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Hartman Edward M
Bought by
Hartman Nancy H

Purchase Details

Closed on
Oct 13, 2004
Sold by
Hartman Edward M and Hartman Nancy H
Bought by
Hartman Edward M and Edward M Hartman Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faulring Eric L -- Amrock Llc
Faulring Eric L -- Amrock Llc
Faulring Eric L -- None Available
Faulring Eric L -- Fidelity Natl Title Of New M
Hartman Nancy H -- None Available
Hartman Edward M -- --
Hartman Nancy H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faulring Eric L $375,000
Closed Fauring Eric L $50,000
Closed Abajian Carnie $417,000
Closed Faulring Eric L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2014 11/10/14 Sold -- -- --
09/24/2014 09/24/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $729,000 -- $146 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,757 $307,832 $45,015 $262,817
2023 $5,733 $298,867 $43,705 $255,162
2022 $9,027 $290,163 $42,432 $247,731
2021 $8,722 $281,711 $41,196 $240,515
2020 $8,580 $273,506 $39,996 $233,510
2019 $4,327 $273,506 $39,996 $233,510
2018 $8,503 $273,506 $39,996 $233,510
2017 $8,238 $273,060 $41,196 $231,864
2016 $8,057 $259,974 $39,996 $219,978
2015 $259,974 $259,974 $39,996 $219,978
2014 $6,074 $195,984 $38,383 $157,601
2013 -- $190,277 $37,266 $153,011
Source: Public Records

Agents Affiliated with this Home

  • Max Sanchez

    Seller's Agent in 2014

    Max Sanchez

    Coldwell Banker Legacy

    (505) 228-8287

    23 in this area

    53 Total Sales

    Section Image
  • Margaret (Peggy) Gaulden

    Buyer's Agent in 2014

    Margaret (Peggy) Gaulden

    Realty One Group Concierge

    (505) 459-2267

    31 Total Sales

    Section Image
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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 817302

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-063-471462-2-05-64

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

1002 Tramway Ln NE, Albuquerque, NM

This home is located at 1002 Tramway Ln NE, Albuquerque, NM 87122 since 13 June 2014 and is currently estimated at $1,213,326, approximately $243 per square foot. This property was built in 1987. 1002 Tramway Ln NE is a home located in Bernalillo County with nearby schools including Double Eagle Elementary School, Desert Ridge Middle School, and La Cueva High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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