NOT LISTED FOR SALE

2301 Luchetti Rd SW Albuquerque, NM 87105

Estimated Value: $341,000 - $977,338

35.1 Acres
$14,782 Price per Acre
1,528,956 Sq Ft Lot

Last Sold June 01, 2017

Current estimated payment $3,004/month

23 Days on Market

Highlights

  • 35.1 Acre Lot
  • Partially Wooded Lot
  • Level Lot
  • Meadow

About This Lot

As of June 2017

Magnificent farmland in the South Valley of Albuquerque! 35.1105 acres of irrigated and highly productive farmland. Water is leased from the Middle Rio Grande Conservancy District. Significant price reduction due to simple permanent deed restrictions that prohibit further subdivision, limit residential development to one single family homeand no mobile homes or condominiums are allowed. Agricultural and farming practices are allowed under the deed restrictions. This South Valley jewel won't last long at this price. Whether you want your own estate farm, land for local food production, or simply increase the capacity of your current growing operations; this property is a perfect fit! Don't miss out on this once in a generation opportunity.

Last Agent to Sell the Property

Michael Scisco

Terra Alta Real Estate License #19580 Listed on: 04/09/2017

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $298

Lot Details

  • 35.1 Acre Lot
  • Level Lot
  • Meadow
  • Partially Wooded Lot
  • 5 Lots in the community
  • Zoning described as A-1

Listing and Financial Details

  • Assessor Parcel Number 101104919325020208

Property Details

Property Type

Land

Est. Annual Taxes

$298

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Starting at the Central Ave exit on I-25. Travel south on I-25 for 10.7 miles. Take Exit 213 (Isleta Blvd). Turn right onto Isleta Blvd. Travel one mile north on Isleta Blvd. Turn left onto Luchetti Rd SW. Properties will be on your right.
  • Listing Contract Date: 2017-03-21
  • Lot Size Acres: 35.1
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential, Unimproved

Exterior Features

  • Lot Features: Meadow, Wooded, Acreage

Utilities

  • Water Source: Other

Lot Info

  • Topography: Level
  • Number of Lots: 5
  • Current Use: Agricultural
  • Lot Size Sq Ft: 1528956.0
  • Parcel #: 101104919325020208
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 297.7
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Bordenave Patricia
Bought by
Bishop Eric and Mulligan Rebecca
Current Estimated Value
$518,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,750
Outstanding Balance
$280,545
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$163,912
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
Bishop Eric -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Eric $369,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Sold -- -- --
05/03/2017 05/03/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $615,000 -- --
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 $2,128 $59,330 $28,265 $31,065
2023 $2,060 $56,862 $26,702 $30,160
2022 $1,644 $47,182 $17,900 $29,282
2021 $1,607 $46,329 $17,900 $28,429
2020 $1,595 $45,501 $17,900 $27,601
2019 $1,565 $44,697 $17,900 $26,797
2018 $1,556 $44,697 $17,900 $26,797
2017 $1,543 $44,697 $17,900 $26,797
2016 $1,530 $42,704 $17,900 $24,804
2015 $50,783 $50,783 $26,702 $24,081
2014 $939 $26,713 $3,333 $23,380
2013 -- $26,032 $3,333 $22,699
Source: Public Records

Agents Affiliated with this Home

  • Michael Scisco

    Seller's Agent in 2017

    Michael Scisco

    Terra Alta Real Estate

    (505) 603-3636

    5 Total Sales

    Michael Scisco
    Section Image

  • N

    Buyer's Agent in 2017

    Nonmls Nonmls

    Non Member of SWMLS

See All Agents

Map

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

MLS Number: 888848

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-049-236250-2-02-07

New Mexico Bernalillo County Albuquerque 87105

2301 Luchetti Rd SW, Albuquerque, NM

This home is located at 2301 Luchetti Rd SW, Albuquerque, NM 87105 since 09 April 2017 and is currently estimated at $518,835. 2301 Luchetti Rd SW is a home located in Bernalillo County with nearby schools including Los Padillas Elementary School, Polk Middle School, and Rio Grande 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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