NOT LISTED FOR SALE

5501 Summer Ridge Rd NW Albuquerque, NM 87114

Estimated Value: $317,000 - $341,000

3 Beds
2 Baths
1,769 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 30, 2018

Current estimated payment $2,038/month

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Heating System Uses Natural Gas
  • Refrigerated Cooling System
  • Tile Flooring
  • 1-Story Property

About This Home

As of August 2020

Beautiful 3 Bedroom, 2 Bath home with an open floor plan featuring a fireplace for those cold winter evenings. Refinished Cabinets with recessed lighting, large kitchen for entertaining, crown molding, beautiful backsplash makes a nice accent. The kitchen includes a bar. Your large master bedroom comes with a huge walk-in closet and master bathroom. Also, the back yard has a nice patio with pergola, perfect for outside summer activities! This one will go fast! APPLY NOW!

Last Agent to Rent the Property

Joni Wolfswinkel

Albuquerque Elite Prop Managem License #19481 Listed on: 07/02/2020

Last Renter's Agent

Joni Wolfswinkel

Albuquerque Elite Prop Managem License #19481 Listed on: 07/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,824

Year Built

  • 2001

Lot Details

  • 5,009 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,769 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, internet, sewer, trash collection, water
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

Year Built

2001

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Gas, Internet, Sewer, Trash Collection, Water
  • Owner Pays: None
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Detached
  • Directions: Coors and McMahon, Go West on McMahon, North on Unser, East on Summer Ridge Rd to property.
  • Listing Contract Date: 2020-07-02
  • Lot Size Acres: 0.12
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Year Built (Public Record): 2001

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Main Level Master
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1769.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Breed Restrictions, Call

Schools

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

Lot Info

  • Lot Size Sq Ft: 5009.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 30, 2018
Sold by
Reyes Lujan Eduardo D and Arredondo Reyes Claudia V
Bought by
Levin Daniel E and Levin Evelyn O
Seller's Agent
Amy Ruiz
Re/Max Exclusive
Buyer's Agent
Lynn Martinez
Coldwell Banker Legacy
List Price
$195,000
Current Estimated Value
$330,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Pike John R and Pike Christen C
Bought by
Reyes Lujan Eduardo D and Arredondo Reyes Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,552
Interest Rate
6.42%
Mortgage Type
VA

Purchase Details

Closed on
Nov 1, 2001
Sold by
Artistic Homes Inc
Bought by
Pike John R and Pike Christen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,463
Interest Rate
6.77%
Mortgage Type
FHA
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
Levin Daniel E -- Fidelity Natl Title Ins Co
Reyes Lujan Eduardo D -- Stewart Title
Pike John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Lujan Eduardo D $172,150
Previous Owner Reyes Lujan Eduardo D $173,552
Previous Owner Pike John R $123,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Rented $1,425 0.0% --
07/09/2020 07/09/20 Under Contract -- -- --
07/02/2020 07/02/20 For Rent $1,425 +2.2% --
01/02/2019 01/02/19 Rented $1,395 +7.7% --
12/14/2018 12/14/18 Under Contract -- -- --
12/04/2018 12/04/18 For Rent $1,295 0.0% --
10/30/2018 10/30/18 Sold -- -- --
10/15/2018 10/15/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $195,000 -- $110 / 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 $2,824 $66,922 $9,903 $57,019
2023 $2,777 $64,974 $9,615 $55,359
2022 $2,683 $63,082 $9,335 $53,747
2021 $2,593 $61,244 $9,063 $52,181
2020 $2,551 $59,461 $8,799 $50,662
2019 $2,573 $59,994 $8,799 $51,195
2018 $2,259 $59,994 $8,799 $51,195
2017 $2,189 $53,028 $9,615 $43,413
2016 $2,127 $49,984 $9,063 $40,921
2015 $48,528 $48,528 $8,799 $39,729
2014 $2,061 $48,528 $8,799 $39,729
2013 -- $48,714 $9,063 $39,651
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2020

    Joni Wolfswinkel

    Albuquerque Elite Prop Managem

    (281) 691-1467

    13 Total Sales

    Section Image
  • Amy Ruiz

    Seller's Agent in 2018

    Amy Ruiz

    RE/MAX

    (505) 833-1400

    61 Total Sales

    Section Image
  • Lynn Martinez

    Buyer's Agent in 2018

    Lynn Martinez

    Coldwell Banker Legacy

    (505) 271-6353

    91 Total Sales

    Section Image
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Map

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

MLS Number: 971712

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-066-492463-1-07-34

New Mexico Bernalillo County Albuquerque 87114

5501 Summer Ridge Rd NW, Albuquerque, NM

This home is located at 5501 Summer Ridge Rd NW, Albuquerque, NM 87114 since 02 July 2020 and is currently priced at $330,860. This property was built in 2001. 5501 Summer Ridge Rd 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.

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