NOT LISTED FOR SALE

1108 Bona Terra Place NW Albuquerque, NM 87114

Estimated Value: $328,371 - $520,000

1.04 Acres
$386,147 Price per Acre
45,302 Sq Ft Lot

Last Sold August 31, 2023

Current estimated payment $2,530/month

157 Days on Market

Highlights

  • 1.04 Acre Lot
  • Gated Home
  • Level Lot
  • Views

About This Lot

As of August 2023

Welcome to Bona Terra Farms, an exclusive gated community with 20 upscale homes tucked up close to the Rio Grande River. This is the last available lot in the subdivision to build on. What a wonderful place and opportunity to build your dream home! Gorgeous setting with mountain views and elegant high end homes all around. Easy access to shaded Bosque walking, biking & horseback riding trails as well as the Bachechi open Space. The location makes it an easy drive to west or east side amenities. 1.04 acre lot with electric, gas, water and sewer available to hook up at the lot line.

Last Agent to Sell the Property

Scott Goff

Goff Real Estate Inc. License #18343 Listed on: 02/27/2023

Last Buyer's Agent

Zulema Mendoza

N & D Realty & Property Mgmt License #REC20221151

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,135

Lot Details

  • 1.04 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Zoning described as A-1

HOA Fees

  • $143 Monthly HOA Fees

Schools

  • Alameda Elementary School
  • Taylor Middle School
  • Valley High School

Utilities

  • Underground Utilities

Additional Features

  • Property Views

Community Details

  • Association fees include common areas
  • Bona Terra Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 101506508322820803

Property Details

Property Type

Land

Est. Annual Taxes

$3,135

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Land
  • Directions: From I25 and Alameda, Right (North) on Bona Terra (west of Rio Grande) and immediate right (East) on Bona Terra Loop. Lot is 3rd on right.
  • Listing Contract Date: 2023-02-25
  • Lot Size Acres: 1.04
  • Subdivision Name: BONA TERRA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: Gate, Partial
  • Lot Features: Views
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 143.42
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Alameda
  • High School: Valley
  • Middle Or Junior School: Taylor

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Residential, Unimproved
  • Lot Size Sq Ft: 45302.4
  • Parcel #: 101506508322820803
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 3134.9
  • Tax Block: N/A
  • Tax Lot: 3
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
Mendoza Zulema
Bought by
Mendoza Zulema and Quezada Ruben Mendoza
Total Days on Market
157
Current Estimated Value
$401,593

Purchase Details

Listed on
Feb 27, 2023
Closed on
Aug 24, 2023
Sold by
Neiman Joseph B and Neiman Gregory T
Bought by
Mendoza Zulema
Seller's Agent
Scott Goff
Goff Real Estate Inc.
Buyer's Agent
Zulema Mendoza
N & D Realty & Property Mgmt
List Price
$325,000
Views
468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$185,000
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2018
Sold by
Austin John A and Austin Mary Lou A
Bought by
Murray Gregory

Purchase Details

Closed on
Sep 7, 2004
Sold by
Grls Llc
Bought by
Austin John A and Austin Mary Lou A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mendoza Zulema -- None Listed On Document
Mendoza Zulema -- Fidelity National Title
Murray Gregory -- South Western Title & Escrow
Austin John A -- Albuquerque Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Zulema $185,000
Previous Owner Austin John A $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold -- -- --
08/04/2023 08/04/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $325,000 -- --
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 $3,196 $73,259 $73,259 $0
2023 $3,208 $73,259 $73,259 $0
2022 $3,135 $73,259 $73,259 $0
2021 $3,135 $73,259 $73,259 $0
2020 $3,135 $73,259 $73,259 $0
2019 $3,135 $73,259 $73,259 $0
2018 $3,135 $73,259 $73,259 $0
2017 $3,113 $73,259 $73,259 $0
2016 $3,089 $73,259 $73,259 $0
2015 $73,259 $73,259 $73,259 $0
2014 $3,002 $73,259 $73,259 $0
2013 -- $73,259 $73,259 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1030221

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-065-083228-2-08-03