NOT LISTED FOR SALE

Estimated Value: $582,000 - $717,000

0.27 Acre
$2,353,348 Price per Acre
11,761 Sq Ft Lot

Last Sold June 23, 2017

Current estimated payment $3,892/month

53 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 3-minute walk to West Old Town Park
  • Albuquerque High School Rated A-

About This Lot

As of June 2017

One of the last undeveloped lots on Mountain Rd and the closest one to the Rio Grande River and Bosque Trail System. Complete set of custom designed building plans by the award winning Paschich Design Group INCLUDED! Ready to permit and build! Use these sleek modern plans or custom design your own. Make your dream a reality and build your own private compound in West Old Town! Directly across the street from the gated Las Ventanas Neighborhood on Bicycle Boulevard. This deceptively large lot has a partial adobe wall along the East side, shade trees, and utilities at property line. It is zoned A1 and is unincorporated! Less than 1 mile from Historic Old Town. No HOA (Freedom). An incredible opportunity with great potential for Home Owners, Builders and Investors.

Last Agent to Sell the Property

Jason Hinkes

Jason Lewis Hinkes Real Estate License #17417 Listed on: 03/15/2017

Last Buyer's Agent

Santiago Aceves

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $670

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Zoning described as A-1

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • 315 B2 Middle Rio Grande Map 0 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101205824942620131

Property Details

Property Type

Land

Est. Annual Taxes

$670

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From I-40 and Rio Grande BLVD, South on Rio Grande to Mountain Rd, West on Mountain to property. South side of the road. Approximately 0.8 miles from Rio Grande to lot.
  • Listing Contract Date: 2017-03-15
  • Lot Size Acres: 0.27
  • Subdivision Name: 315-B2 Middle Rio Grande Map 0
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential, Unimproved

Exterior Features

  • Fencing: Partial
  • Disclosures: Principal is Real Estate Licensed

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Agricultural
  • Lot Size Sq Ft: 11626.0
  • Parcel #: 101205824942620131
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 670.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Jun 23, 2017
Sold by
Hinkes Jason M
Bought by
Sanchez Tomas M and Sanchez Maria
Seller's Agent
Jason Hinkes
Jason Lewis Hinkes Real Estate
Buyer's Agent
Santiago Aceves
Keller Williams Realty
List Price
$109,000
Current Estimated Value
$635,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.50%
Original Mortgage
$66,750
Interest Rate
4.05%
Mortgage Type
Balloon

Purchase Details

Closed on
May 5, 2010
Sold by
Avila Trinidad A
Bought by
Glacken James D and Mark Mary E

Purchase Details

Closed on
May 16, 2007
Sold by
Avila Elena L
Bought by
Avila Trinidad A
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
Sanchez Tomas M -- Old Republic Title Co
Glacken James D -- Us Title
Avila Trinidad A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Maria M $375,000
Closed Sanchez Tomas M $363,363
Closed Sanchez Tomas M $66,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold -- -- --
05/09/2017 05/09/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $109,000 -- --
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 $4,960 $133,646 $16,375 $117,271
2023 $4,871 $129,753 $15,898 $113,855
2022 $4,722 $129,753 $15,898 $113,855
2021 $4,704 $129,753 $15,898 $113,855
2020 $680 $15,898 $15,898 $0
2019 $680 $15,898 $15,898 $0
2018 $680 $15,898 $15,898 $0
2017 $676 $15,898 $15,898 $0
2016 $670 $15,898 $15,898 $0
2015 $15,898 $15,898 $15,898 $0
2014 $651 $15,898 $15,898 $0
2013 -- $15,898 $15,898 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 886768

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-058-249426-2-01-31