NOT LISTED FOR SALE

2414 Tramway Terrace Ct NE Albuquerque, NM 87122

Estimated Value: $456,000 - $517,000

3 Beds
2 Baths
1,696 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 06, 2022

Current estimated payment $3,081/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Private Yard
  • Breakfast Area or Nook
  • Double Eagle Elementary School Rated A-
  • Territorial Architecture
  • 2 Car Attached Garage

About This Home

As of April 2022

OPEN HOUSE Sat (2/5) 1-3pm Sun (2/6) 11-1p.Welcome home to this stunning gem in the Sandia Heights! This territorial southwest style home has everything to offer. As you enter the home you immediately notice the light, bright and airiness throughout with tons of natural light as the walls have been freshly painted. Boasting over 1700+/- square feet of ceramic wood tile this home is one that will impress. The natural flow allows defined rooms with the right combination of open format living. As you enter the living room you will notice the tall ceiling giving a dramatic feel, equipped with a fireplace for the perfect entertaining area or cozy nights. From the dining room you have one of the best views of the Sandia mountains in the city! Contact us for upgrades and more details!

Last Agent to Sell the Property

K2 Realty Group

EXP Realty, LLC License #50525,20817 Listed on: 01/27/2022

Last Buyer's Agent

Matthew Meyer

Coldwell Banker Legacy License #41421

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,498

Year Built

  • Built in 1992

Lot Details

  • 4,792 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Private Yard
  • Zoning described as R-2

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Territorial Architecture
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,696 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Clad Windows
  • Washer and Gas Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath
  • Separate Shower

Schools

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

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Built by Roger Smith

Listing and Financial Details

  • Assessor Parcel Number 102306303926830730

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,498

Year Built

Built in 1992

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Tramway and Academy, north to Tramway Terrace (light), west to Tramway Terrace Ct. South to property.
  • Listing Contract Date: 2022-01-21
  • Year Built: 1992
  • Lot Size Acres: 0.11
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Territorial
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Bookcases, Breakfast Area, Ceiling Fan(s), Garden Tub/Roman Tub, Main Level Primary, Separate Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Custom
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1696.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Roger Smith
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Double Eagle
  • High School: La Cueva
  • Middle Or Junior School: Desert Ridge

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 102306303926830730
  • Zoning Description: R-2

Tax Info

  • Tax Annual Amount: 3498.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 4, 2022
Sold by
Naama Michael M
Bought by
Lane Jeffrey M and Lane Elizabeth M
Seller's Agent
K2 Realty Group
EXP Realty, LLC
Buyer's Agent
Matthew Meyer
Coldwell Banker Legacy
List Price
$425,000
Current Estimated Value
$476,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$300,000
Outstanding Balance
$285,230
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$186,699

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 26, 2020
Sold by
Legacy Dean D
Bought by
Naama Michael M
Seller's Agent
Richard Jackson
Coldwell Banker Legacy
Buyer's Agent
Terri Capone-Compton
Realty One of New Mexico
List Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.53%
Original Mortgage
$266,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2020
Sold by
Jackson Guy and Estate Of Jacqueline Lee Jacks
Bought by
Jackson William Lee

Purchase Details

Closed on
Mar 1, 2010
Sold by
Shaffer Judith L
Bought by
Legacy Dean D and Legacy Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2001
Sold by
Burkhardt Merrick and Kaplan Damara
Bought by
Kaplan Damara

Purchase Details

Closed on
Aug 31, 1998
Sold by
Brown Paul Lee and Brown Kathleen Marie
Bought by
Shaffer Judith L and Judith L Shaffer Revocable Trust
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
Lane Jeffrey M -- Fidelity National Title
Naama Michael M -- First American Title Ins Co
Jackson William Lee -- None Available
Legacy Dean D -- Stewart Title
Kaplan Damara -- Stewart Title
Kaplan Damara L -- Stewart Title
Shaffer Judith L -- Stewart Title L L C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Jeffrey M $300,000
Previous Owner Naama Michael M $266,000
Previous Owner Legacy Dean D $231,817
Previous Owner Legacy Dean D $235,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold -- -- --
02/07/2022 02/07/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $425,000 +54.5% $251 / Sq Ft
08/27/2020 08/27/20 Sold -- -- --
07/14/2020 07/14/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $275,000 -- $162 / 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 $4,213 $135,706 $27,464 $108,242
2023 $4,147 $131,753 $26,664 $105,089
2022 $3,620 $115,555 $20,598 $94,957
2021 $3,498 $112,189 $19,998 $92,191
2020 $2,558 $82,948 $20,768 $62,180
2019 $2,481 $80,534 $20,164 $60,370
2018 $2,390 $80,534 $20,164 $60,370
2017 $2,314 $78,187 $19,576 $58,611
2016 $2,239 $73,700 $18,453 $55,247
2015 $71,555 $71,555 $17,916 $53,639
2014 $2,091 $69,470 $17,394 $52,076
2013 -- $67,448 $16,888 $50,560
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1007869

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-063-039268-3-07-30