NOT LISTED FOR SALE

1022 Tramway Ln NE Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $1,019,000 - $1,829,589

3 Beds
3.5 Baths
5,160 Sq Ft
$278/Sq Ft Est. Value

Last Sold January 04, 2024

Current estimated payment $8,854/month

1 Day on Market

Highlights

  • Solar Power System
  • Sitting Area In Primary Bedroom
  • 2.06 Acre Lot
  • Double Eagle Elementary School Rated A-
  • Custom Home
  • Deck

About This Home

As of January 2024

Dynamic contemporary architecture was designed to take full advantage of incredible views of the Sandia Mountains and the city lights of Albuquerque. This 2 acre lot provides privacy rarely afforded in Sandia Heights. Enjoy the beauty of the setting with deer meandering through your backyard, snowcapped mountains in the winter, and incredible sunsets. The home has been totally remodeled and features bright and clean modern updates. Floor to ceiling storefront windows bring in lots of light, and a flexile floor plan offers multiple living areas. The backyard is remarkable and features multiple patios for entertaining and plenty of room for a pool if desired. Enjoy the convenience of this great location with hiking, biking and walking trails right outside your door. Truly spectacular!

Last Listed By

Dominic Serna

Keller Williams Realty License #45763 Listed on: 11/21/2023

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,336

Year Built

  • Built in 1985

Lot Details

  • 2.06 Acre Lot
  • East Facing Home
  • Xeriscape Landscape
  • Private Yard

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Heated Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Contemporary Architecture
  • Frame Construction
  • Pitched Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 5,160 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • 3 Fireplaces
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Multiple Living Areas
  • Sitting Room
  • Utility Room
  • Washer and Dryer Hookup
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Radiant Heating System
  • Underground Utilities
  • Natural Gas Connected
  • Co-Op Water
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Custom
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 102306337531010115

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,336

Year Built

Built in 1985

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Academy and Tramway head north on Tramway, make a right onto San Bernardino Ave which turns into Tramway Lane NE.
  • Listing Contract Date: 2023-11-13
  • Year Built: 1985
  • Lot Size Acres: 2.06
  • Road Surface Type: Paved
  • Architectural Style: Contemporary, Custom
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, In-Law Floorplan, Jetted Tub, Kitchen Island, Multiple Living Areas, Multiple Primary Suites, Pantry, Sitting Area in Master, Utility Room, Walk-In Closet(s)
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Custom
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 5160.0
  • Dining Room Type: Sitting Room
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Balcony, Deck, Privacy Wall, Private Yard
  • Roof: Pitched
  • Fencing: Wall
  • Lot Features: Landscaped, Planned Unit Development, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Finished Garage, Garage Door Opener, Heated Garage, Oversized

Utilities

  • Cooling: Multi Units, Refrigerated
  • Heating: Central, Forced Air, Multiple Heating Units, Radiant
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 15.0
  • Association Fee Frequency: Monthly
  • Association: No

Schools

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

Green Features

  • Green Power: Solar
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 89733.6
  • Parcel #: 102306337531010115
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 9336.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 3, 2024
Sold by
James B Smith Revocable Trust
Bought by
Centerwall Ryan W and Kirk Trishelle
Seller's Agent
Dominic Serna
Keller Williams Realty
Buyer's Agent
Premier Realty Partners
EXP Realty LLC
List Price
$1,865,000
Sold Price
$1,800,000
Premium/Discount to List
-$65,000
-3.49%
Total Days on Market
1
Views
14
Current Estimated Value
$1,432,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$367,103
Avg. Annual Appreciation
-15.03%
Original Mortgage
$766,550
Outstanding Balance
$757,263
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$675,634

Purchase Details

Closed on
Oct 9, 2008
Sold by
Smith James B
Bought by
Smith James B and James B Smith Revocable Trust

Purchase Details

Closed on
Apr 17, 2003
Sold by
Putman Judith Ann
Bought by
Smith James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.64%

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
Centerwall Ryan W -- Old Republic National Title In
Smith James B -- None Available
Smith James B -- Albuquerque Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centerwall Ryan W $766,550
Previous Owner Smith James B $250,000
Previous Owner Smith James B $1,000,000
Previous Owner Smith James B $497,000
Previous Owner Smith James B $497,000
Previous Owner Smith James B $322,700
Closed Smith James B $114,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold -- -- --
11/23/2023 11/23/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $1,865,000 -- $361 / 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 $9,820 $318,314 $58,653 $259,661
2023 $9,664 $309,043 $56,945 $252,098
2022 $9,336 $300,041 $55,286 $244,755
2021 $9,021 $291,303 $53,676 $237,627
2020 $8,874 $282,819 $52,113 $230,706
2019 $8,493 $270,817 $50,595 $220,222
2018 $8,185 $270,817 $50,595 $220,222
2017 $7,930 $262,930 $56,945 $205,985
2016 $7,677 $247,837 $53,676 $194,161
2015 $240,618 $240,618 $52,113 $188,505
2014 $7,178 $233,610 $50,595 $183,015
2013 -- $233,610 $50,595 $183,015
Source: Public Records

Agents Affiliated with this Home

  • Dominic Serna

    Seller's Agent in 2024

    Dominic Serna

    Keller Williams Realty

    (505) 319-1604

    6 in this area

    375 Total Sales

    Dominic Serna
    Section Image

  • P

    Buyer's Agent in 2024

    Premier Realty Partners

    EXP Realty LLC

    (505) 390-7990

    1 in this area

    345 Total Sales

    Premier Realty Partners
    Section Image
See All Agents

Map

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

MLS Number: 1045093

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-063-375310-1-01-15

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

1022 Tramway Ln NE, Albuquerque, NM

Homes for Sale in Albuquerque, NM

This home is located at 1022 Tramway Ln NE, Albuquerque, NM 87122 since 21 November 2023 and is currently estimated at $1,432,897, approximately $277 per square foot. This property was built in 1985. 1022 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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