NOT LISTED FOR SALE

1856 Tramway Terrace Loop NE Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $460,000 - $542,000

3 Beds
2 Baths
1,802 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 05, 2019

Current estimated payment $3,258/month

6 Days on Market

Highlights

  • Custom Home
  • Separate Formal Living Room
  • Great Room
  • Double Eagle Elementary School Rated A-
  • High Ceiling
  • Private Yard

About This Home

As of June 2019

Sandia Heights/Tramway Terrace One Level Custom on a Quiet Street with Views! Large private front courtyard, private walled backyard w/covered patio space & fruit trees just west of back wall. Tile foyer entry w/raised ceiling & clerestory windows; light & bright floorplan! Greatroom w/raised beam ceiling, tile floors, built-ins & fireplace; greatroom opens to kitchen & dining room; big kitchen w/tile floors, island, lots of cabinet & counter space & pantry. Separate Master Bedroom w/private bath & walk in closet, 2 large guest bedrooms w/access to private bath, laundry room & 2 car garage. Seller's Major Updates Include: Roof/2017, Stucco, Paint Home & Walls 5/2015, Fagstone Patio f & b 2014-2015, Champion Windows 2010/2012. Pride of Ownership Shows! Call Now to See This Home!

Last Agent to Sell the Property

Sharon McCollum

RE/MAX SELECT License #7135 Listed on: 03/18/2019

Last Buyer's Agent

Greg Lobberegt

Coldwell Banker Legacy License #9874

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1984

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Xeriscape Landscape
  • Partial Sprinkler System
  • Private Yard
  • Zoning described as R-1C*,R-2

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Stucco

Interior Spaces

  • 1,802 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Three Sided Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Electric Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch
  • Covered Courtyard

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Co-Op Water

Community Details

  • Built by Custom
  • Tramway Terrace Sandia Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102306312134620704

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,404

Year Built

Built in 1984

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Distinctive Sandia Heights/Tramway Terrace: N on Tramway past Academy & San Rafael, E on Tramway/Tramway Terrace which curves N. Great Area, Great Schools, Great Home on a Landscaped lot with a B I G front courtyard w/flagstone patio entertaining area w/great mountain views; Private enclosed backyard w/entertainer' patio PLUS a private space & orchard of fruit trees just W of backyard wall, you own private space! Private, serene & proudly maintained; One Level w/Views!
  • Listing Contract Date: 2019-03-18
  • Year Built: 1984
  • Lot Size Acres: 0.17
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Tramway Terrace Sandia Heights
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 21 - 30
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Disposal, Trash Compactor
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Bookcases, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, High Ceilings, Kitchen Island, Main Level Master, Pantry, Shower Only, Skylights, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Glass Doors, Multi-Sided, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1802.0
  • Window Features: Double Pane Windows, Insulated Windows, Skylight(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Courtyard, Privacy Wall, Private Yard, Propane Tank - Leased
  • Roof: Flat, Pitched
  • Fencing: Wall
  • Lot Features: Cul-De-Sac, Landscaped, Sprinklers Partial, Views, Xeriscape
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Custom
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Propane
  • Utilities: Electricity Connected, Propane, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

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: 7405.2
  • Parcel #: 102306312134620704
  • Zoning Description: R-1C*,R-2

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 2404.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Jun 5, 2019
Sold by
Lauer Donald
Bought by
Tripp Randall W and Tripp Dolores A
Seller's Agent
Sharon McCollum
RE/MAX SELECT
Buyer's Agent
Greg Lobberegt
Coldwell Banker Legacy
List Price
$359,900
Current Estimated Value
$519,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$540,000
Outstanding Balance
$480,572
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$25,798

Purchase Details

Closed on
Jun 20, 2014
Sold by
Lauer Donald and Lauer Beverly
Bought by
Donald & Beverly Lauer Revocable Trust

Purchase Details

Closed on
Dec 15, 2000
Sold by
Lenzer Enterprises Llc
Bought by
Lauer Don and Lauer Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1999
Sold by
Lenzer Martin and Lenzer Patricia D
Bought by
Lenzer Enterprises Llc
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
Tripp Randall W -- Old Republic Natl Ttl Ins Co
Donald & Beverly Lauer Revocable Trust -- None Available
Lauer Don -- --
Lauer Don $200,000 --
Lenzer Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tripp Randall W $540,000
Previous Owner Lauer Don $225,000
Previous Owner Lauer Don $14,000
Previous Owner Lauer Don $200,000
Previous Owner Lauer Don $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold -- -- --
03/24/2019 03/24/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $359,900 -- $200 / 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 $3,513 $113,145 $22,507 $90,638
2023 $3,457 $109,851 $21,852 $87,999
2022 $3,341 $106,652 $21,216 $85,436
2021 $3,229 $103,545 $20,598 $82,947
2020 $3,290 $104,123 $19,998 $84,125
2019 $2,578 $83,590 $20,768 $62,822
2018 $2,483 $83,590 $20,768 $62,822
2017 $2,404 $81,157 $20,164 $60,993
2016 $2,327 $76,498 $19,006 $57,492
2015 $74,270 $74,270 $18,453 $55,817
2014 $2,173 $72,108 $17,916 $54,192
2013 -- $70,008 $17,394 $52,614
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 939785

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-063-121346-2-07-04