NOT LISTED FOR SALE

116 Derramadera Ave NE Albuquerque, NM 87113

Estimated Value: $318,000 - $341,866

3 Beds
2 Baths
1,238 Sq Ft
$269/Sq Ft Est. Value

About This Home

This home is located at 116 Derramadera Ave NE, Albuquerque, NM 87113 and is currently estimated at $332,467, approximately $268 per square foot. 116 Derramadera Ave NE is a home located in Bernalillo County with nearby schools including Mission Avenue Elementary School, Valley High School, and North Valley Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Velarde Lynn and Gonzales Moises
Bought by
Velarde Lynn and Gonzales Moises
Current Estimated Value
$332,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,200
Outstanding Balance
$12,704
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$320,360

Purchase Details

Closed on
Jul 31, 2006
Sold by
Garcia Michelle M
Bought by
Velarde Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Outstanding Balance
$117,891
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$215,173

Purchase Details

Closed on
Mar 26, 2004
Sold by
Romero Manuel A
Bought by
Garcia Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,450
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2000
Sold by
Kaufman & Broad Home Sales Of Nm Inc
Bought by
Romero Manuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,637
Interest Rate
7.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Velarde Lynn -- Accommodation
Velarde Lynn -- First American Title Ins Co
Garcia Michelle M -- Us Title
Romero Manuel A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velarde Lynn $16,200
Open Velarde Lynn $192,500
Previous Owner Garcia Michelle M $131,450
Previous Owner Romero Manuel A $112,637
Source: Public Records

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 $2,394 $64,502 $12,819 $51,683
2023 $2,351 $62,624 $12,446 $50,178
2022 $2,213 $60,800 $12,083 $48,717
2021 $2,140 $59,030 $11,732 $47,298
2020 $2,102 $57,310 $11,390 $45,920
2019 $2,040 $55,642 $11,059 $44,583
2018 $1,968 $55,642 $11,059 $44,583
2017 $1,895 $54,022 $10,737 $43,285
2016 $1,824 $50,921 $10,121 $40,800
2015 $49,438 $49,438 $9,826 $39,612
2014 $1,688 $47,998 $9,540 $38,458
2013 -- $46,601 $9,262 $37,339
Source: Public Records

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