NOT LISTED FOR SALE

5501 Monterey Cove Ave NW Albuquerque, NM 87114

Estimated Value: $329,000 - $379,000

3 Beds
2 Baths
1,652 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 18, 2021

Current estimated payment $2,169/month

2 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • Walk-In Closet
  • Multiple Living Areas
  • Double Pane Windows
  • Refrigerated Cooling System

About This Home

As of August 2021

This beautifully updated home with a large backyard and mountain views is a must see! New flooring throughout, fresh paint, updated countertops, modern light fixtures, and brand new stove, microwave and dishwasher will catch your eye. The home offers a roomy kitchen, dining area, living room as well as a second living area. You can relax in the sunroom or enjoy the large, beautifully landscaped backyard! A new roof was installed in 2017. With no HOA and in a convenient location, you'll want to schedule a showing asap!

Last Agent to Sell the Property

DIANA CHAVES

Realty One of New Mexico License #49217 Listed on: 07/07/2021

Realty One of New Mexico

Last Buyer's Agent

Christopher Newman

Coldwell Banker Legacy

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Backyard Sprinklers
  • Zoning described as R-1A*

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,652 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Multiple Living Areas
  • Vinyl Flooring
  • Electric Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Seven Bar Elementary School
  • James Monroe Middle School
  • Cibola High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Solar Power System
  • Grass Field

Listing and Financial Details

  • Assessor Parcel Number 101106648932412131

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,078

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: West on McMahon from Golf Course, right on Monterey Cove to home on the right.
  • Listing Contract Date: 2021-07-06
  • Year Built: 2003
  • Lot Size Acres: 0.16
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Solar Panel(s)
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Free-Standing Gas Range, Microwave
  • Interior Amenities: Multiple Living Areas, Main Level Master, Pantry, Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1652.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Pitched, Shingle
  • Lot Features: Sprinklers In Rear
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Seven Bar
  • High School: Cibola
  • Middle Or Junior School: James Monroe

Green Features

  • Green Power: Solar

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101106648932412131
  • Zoning Description: R-1A*

Tax Info

  • Tax Annual Amount: 2077.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 18, 2021
Sold by
Castillo Vincent Stirling and Castillo Living Trust
Bought by
Sherman Debra E
Seller's Agent
DIANA CHAVES
Realty One of New Mexico
Buyer's Agent
Christopher Newman
Coldwell Banker Legacy
List Price
$260,000
Total Days on Market
2
Current Estimated Value
$345,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$270,019
Outstanding Balance
$248,687
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$83,551

Purchase Details

Closed on
Nov 5, 2012
Sold by
Castilo Margaret W
Bought by
Castillo Margaret W

Purchase Details

Closed on
Jul 5, 2005
Sold by
Ambassador Development Llc
Bought by
Castillo Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2003
Sold by
Homesite Group One Llc
Bought by
Stillbrooke Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sherman Debra E -- Stewart Title
Castillo Margaret W -- None Available
Castillo Margaret W -- Stewart Title
Stillbrooke Homes Inc -- Albuquerque Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Debra E $270,019
Previous Owner Castillo Margaret W $243,000
Previous Owner Castillo Margaret W $112,000
Previous Owner Castillo Margaret W $120,000
Previous Owner Ambassador Development Llc $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold -- -- --
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $260,000 -- $157 / 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 $3,339 $79,135 $10,749 $68,386
2023 $3,283 $76,830 $10,436 $66,394
2022 $3,173 $74,592 $10,132 $64,460
2021 $2,120 $56,074 $12,098 $43,976
2020 $2,078 $54,440 $11,745 $42,695
2019 $2,009 $52,856 $11,404 $41,452
2018 $1,930 $52,856 $11,404 $41,452
2017 $1,864 $51,316 $11,072 $40,244
2016 $1,803 $48,371 $10,436 $37,935
2015 $46,962 $46,962 $10,132 $36,830
2014 $1,739 $46,962 $10,132 $36,830
2013 -- $54,634 $11,591 $43,043
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    DIANA CHAVES

    Realty One of New Mexico

    4 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Newman

    Coldwell Banker Legacy

    Section Image
See All Agents

Map

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

MLS Number: 995958

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-066-489324-1-21-31

New Mexico Bernalillo County Albuquerque 87114

5501 Monterey Cove Ave NW, Albuquerque, NM

This home is located at 5501 Monterey Cove Ave NW, Albuquerque, NM 87114 since 07 July 2021 and is currently estimated at $345,408, approximately $209 per square foot. This property was built in 2003. 5501 Monterey Cove Ave NW is a home located in Bernalillo County with nearby schools including Seven Bar Elementary School, James Monroe Middle School, and Cibola 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.

Nearby Homes