NOT LISTED FOR SALE

2316 Cherry Tree Ln SW Albuquerque, NM 87105

Estimated Value: $766,000 - $851,848

2.54 Acres
$316,520 Price per Acre
110,642 Sq Ft Lot

Last Sold January 13, 2021

Current estimated payment $4,712/month

70 Days on Market

Highlights

  • Horses Allowed On Property
  • Meadow
  • Cross Fenced
  • 2.54 Acre Lot
  • Views
  • Level Lot

About This Lot

As of January 2021

Beautiful secluded pocket area of the far south valley. Close to I-25 (2 miles) plus 3 other roads out of the valley into the central hub of Albuquerque. Approximately 5 miles to Isleta Resort, golf course, lakes, casino and a Rail Runner stop. 4-5 miles to shopping and dining. 10-15 miles to hospitals and universities. EZ commute to just about anywhere.Great views of the mountains, quiet country living. Agent is owner of this property.

Last Agent to Sell the Property

Leslie Fincher

Berkshire Hathaway NM Prop License #27881 Listed on: 09/03/2020

Berkshire Hathaway NM Prop

Last Buyer's Agent

Raymond Sanchez

Re/Max Exclusive License #52009

Re/Max Exclusive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,852

Lot Details

  • 2.54 Acre Lot
  • Cross Fenced
  • Wire Fence
  • Level Lot
  • Meadow
  • Zoning described as A-1

Schools

  • Los Padillas Elementary School
  • Polk Middle School
  • Rio Grande High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Propane
  • Natural Gas Not Available
  • Water Available
  • Irrigation Water Rights
  • Phone Available
  • Cable TV Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 101104916545020405

Property Details

Property Type

Land

Est. Annual Taxes

$6,852

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: NORTH ON iSLETA 1.5 MILES FROM EXIT #213 TO CHERRY TREE-LEFT 1/2 MILE TO CHERRY TREE LANE TURN LEFT TO PROPERTY SOUTH OF 2-STORY HOUSE. FROM RIO BRAVO S. ON ISLETA TO CHERRY TREE THEN RIGHT FOR A 1/2 MILE TO CHERRY TREE LANE TURN LEFT TO PROPERTY ON THE RIGHT NEXT TO THE 2-STORY HOUSE.
  • Listing Contract Date: 2020-09-03
  • Horses: Yes
  • Lot Size Acres: 2.54
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential, Unimproved

Exterior Features

  • Exterior Features: Propane Tank - Leased
  • Fencing: Cross Fenced, Wire
  • Lot Features: Meadow, Views, Acreage
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Utilities

  • Utilities: Cable Not Available, Electricity Available, Natural Gas Not Available, Propane, Phone Available, Sewer Available, Water Available, Water Not Available
  • Water Source: Public, None
  • Sewer: Public Sewer

Schools

  • Elementary School: Los Padillas
  • High School: Rio Grande
  • Middle Or Junior School: Polk

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Agricultural
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 110642.4
  • Parcel #: 101104916545020405
  • Zoning Description: A-1
  • Irrigation Water Rights: Yes

Tax Info

  • Tax Annual Amount: 21.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Jan 13, 2021
Sold by
Fincher Leslie A
Bought by
Jaramillo Amarante J and Jaramillo Cristina T
Seller's Agent
Leslie Fincher
Berkshire Hathaway NM Prop
Buyer's Agent
Raymond Sanchez
Re/Max Exclusive
List Price
$300,000
Current Estimated Value
$749,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.65%
Original Mortgage
$206,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2016
Sold by
Riedel Anita N
Bought by
Fincher Leslie

Purchase Details

Closed on
May 2, 2008
Sold by
Fincher Leslie
Bought by
Riedel Anita N
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
Jaramillo Amarante J -- Fidelity National Ttl Ins Co
Fincher Leslie -- None Available
Riedel Anita N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaramillo Amarante J $550,000
Closed Jaramillo Amarante J $700,409
Closed Jaramillo Amarante J $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold -- -- --
11/12/2020 11/12/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $300,000 -- --
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 $6,852 $184,615 $45,429 $139,186
2023 $6,900 $183,782 $45,429 $138,353
2022 $1,944 $45,429 $45,429 $0
2021 $21 $491 $491 $0
2020 $21 $491 $491 $0
2019 $21 $491 $491 $0
2018 $21 $491 $491 $0
2017 $21 $491 $491 $0
2016 $21 $491 $491 $0
2015 $491 $491 $491 $0
2014 $20 $491 $491 $0
2013 -- $491 $491 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Fincher

    Seller's Agent in 2021

    Leslie Fincher

    Berkshire Hathaway NM Prop

    (505) 888-1700

    5 in this area

    5 Total Sales

    Section Image
  • Raymond Sanchez

    Buyer's Agent in 2021

    Raymond Sanchez

    RE/MAX

    (505) 850-9205

    1 in this area

    10 Total Sales

    Section Image
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Map

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

MLS Number: 976361

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-049-165450-2-04-05

New Mexico Bernalillo County Albuquerque 87105

2316 Cherry Tree Ln SW, Albuquerque, NM

This home is located at 2316 Cherry Tree Ln SW, Albuquerque, NM 87105 since 03 September 2020 and is currently estimated at $803,962. 2316 Cherry Tree Ln 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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