NOT LISTED FOR SALE

1038 Tramway Ln NE Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $933,000 - $1,074,000

3 Beds
3.5 Baths
4,000 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 02, 2021

Current estimated payment $6,137/month

109 Days on Market

Highlights

  • Above Ground Pool
  • 1.01 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Double Eagle Elementary School Rated A-
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of August 2021

What a true find in SANDIA HEIGHTS! Single level light & bright Custom Home with INCREDIBLE VIEWS! 3 bdrms & 2 offices/studies. 3 living areas, formal dining, gorgeous kitchen with island and breakfast bar that opens to the morning room where you will enjoy that cup of coffee. The owner's suite is separated from the good sized secondary bedrooms. The large Family/Rec room includes a swim spa pool & sauna with 1/2 bath. Situated on an Acre, the outdoor spaces include Zen Gardens, a Koi pond and newer deck. Tankless water system. Three car garage. Absolutely lovely home. **New Septic System installed April 2021**

Last Agent to Sell the Property

Greg Lobberegt

Coldwell Banker Legacy License #9874 Listed on: 03/11/2021

Coldwell Banker Legacy

Last Buyer's Agent

Greg Lobberegt

Coldwell Banker Legacy License #9874 Listed on: 03/11/2021

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,902

Year Built

  • Built in 1977

Lot Details

  • 1.01 Acre Lot
  • South Facing Home
  • Private Yard

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • 3 Fireplaces
  • Three Sided Fireplace
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Sliding Doors
  • Separate Formal Living Room
  • Multiple Living Areas
  • Home Office
  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Instant Hot Water

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Outdoor Features

  • Above Ground Pool
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Multiple Heating Units
  • Forced Air Heating System
  • Co-Op Water
  • Septic Tank

Community Details

  • Built by Custom

Listing and Financial Details

  • Assessor Parcel Number 102306337041820540

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,902

Year Built

Built in 1977

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Tramway & Paseo Del Norte - South On Tramway; East On San Bernardino; South On Tramway Lane; Pass Deer, Antelope And Lynx - House Is On Left Side Of Street
  • Listing Contract Date: 2021-03-11
  • Year Built: 1977
  • Lot Size Acres: 1.01
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Brick, Tile, Wood
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Instant Hot Water, Microwave, Range Hood
  • Interior Amenities: Beamed Ceilings, Wet Bar, Breakfast Area, Bathtub, Separate/Formal Dining Room, Dual Sinks, High Ceilings, Home Office, Jetted Tub, Kitchen Island, Multiple Living Areas, Main Level Primary, Pantry, Skylights, Soaking Tub, Separate Shower, Utility Room, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Glass Doors, Gas Log, Multi-Sided
  • Fireplaces: 3
  • Fireplace: Yes
  • Living Area: 4000.0
  • Window Features: Vinyl, Skylight(s)

Exterior Features

  • Exterior Features: Privacy Wall, Private Yard
  • Roof: Flat, Rolled/Hot Mop
  • Fencing: Wall
  • Pool Features: Above Ground
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized

Utilities

  • Cooling: Multi Units, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air, Multiple Heating Units
  • Utilities: Electricity Connected, Sewer Connected, 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: 96.0
  • 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: 43995.6
  • Parcel #: 102306337041820540
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 4901.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Jul 30, 2021
Sold by
Walters Jean K and The Jean K Walters Revocable T
Bought by
Selle Alison L
Seller's Agent
Greg Lobberegt
Coldwell Banker Legacy
Buyer's Agent
Greg Lobberegt
Coldwell Banker Legacy
List Price
$850,000
Current Estimated Value
$987,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$620,000
Outstanding Balance
$570,048
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$385,408

Purchase Details

Closed on
Aug 5, 2011
Sold by
Walters Jean K
Bought by
Walters Jean K and Jean K Walters Revocable Trust

Purchase Details

Closed on
Aug 16, 2006
Sold by
Cartus Financial Corp
Bought by
Walters Jean K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Sanders Joseph C and Miyoshi Lani A
Bought by
Williams Darryl and Williams Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Dehainaut Christopher R and Dehainaut Linda M
Bought by
Sanders Joseph C and Miyoshi Lani A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.61%
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
Selle Alison L -- Stewart Title
Walters Jean K -- None Available
Walters Jean K -- First American
Williams Darryl -- Stewart Title
Sanders Joseph C -- Stewart Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selle Alison L $620,000
Previous Owner Walters Jean K $470,000
Previous Owner Williams Darryl $300,000
Previous Owner Sanders Joseph C $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $795,000 -6.5% $199 / Sq Ft
05/05/2021 05/05/21 For Sale $850,000 0.0% $213 / Sq Ft
05/05/2021 05/05/21 Price Changed $850,000 +3.0% $213 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $825,000 -- $206 / 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 $7,589 $246,454 $41,299 $205,155
2023 $7,468 $239,276 $40,096 $199,180
2022 $7,469 $240,443 $40,096 $200,347
2021 $4,983 $161,819 $51,175 $110,644
2020 $4,902 $157,106 $49,684 $107,422
2019 $4,756 $152,530 $48,237 $104,293
2018 $4,583 $152,530 $48,237 $104,293
2017 $4,439 $148,088 $46,832 $101,256
2016 $4,297 $139,587 $44,144 $95,443
2015 $135,523 $135,523 $42,859 $92,664
2014 $4,016 $131,576 $41,611 $89,965
2013 -- $127,744 $40,399 $87,345
Source: Public Records

Agents Affiliated with this Home

  • Greg Lobberegt

    Seller's Agent in 2021

    Greg Lobberegt

    Coldwell Banker Legacy

    (505) 269-4734

    46 in this area

    313 Total Sales

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Map

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

MLS Number: 987388

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-063-370418-2-05-40

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

1038 Tramway Ln NE, Albuquerque, NM

This home is located at 1038 Tramway Ln NE, Albuquerque, NM 87122 since 11 March 2021 and is currently estimated at $1,001,670, approximately $250 per square foot. This property was built in 1977. 1038 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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