NOT LISTED FOR SALE

5505 Monterey Cove Ave NW Albuquerque, NM 87114

Estimated Value: $358,000 - $382,097

4 Beds
3 Baths
2,197 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 15, 2023

Current estimated payment $2,447/month

Highlights

  • Multiple Living Areas
  • Thermal Windows
  • Refrigerated Cooling System
  • Covered patio or porch
  • Soaking Tub
  • Tile Flooring

About This Home

As of November 2023

Incredible 4 bedroom home with a loft in NW Albuquerque just became available! This home features an impeccable floor plan with the bedrooms upstairs and one guest bedroom downstairs. Formal dining and Living room are great for entertaining! Open floorpan with the kitchen looking into the living room, large sized yard, and large bedrooms! This home has room for everyone!

Last Agent to Sell the Property

Marissa Baumann

Property Pros Realty, LLC License #20368 Listed on: 10/12/2023

Last Buyer's Agent

Steffan Walters

Jason Mitchell RE NM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 2003

Lot Details

  • 8,276 Sq Ft Lot
  • South Facing Home
  • Zoning described as R-1A*

Parking

  • 2 Car Garage
  • Heated Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof

Interior Spaces

  • 2,197 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 101106648432512130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Golf Course and McMahon, Turn West on McMahon, Right on Monterey Park, Left on Monterey Cove, and Home will be on the Right.
  • Listing Contract Date: 2023-10-10
  • Year Built: 2003
  • Lot Size Acres: 0.19
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal
  • Interior Amenities: Bathtub, Ceiling Fan(s), Multiple Living Areas, Soaking Tub, Separate Shower
  • Stories: 2
  • Basement YN: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2197.0
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Pitched
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick Veneer, Frame
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Finished Garage, Garage Door Opener, Heated Garage

Utilities

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 101106648432512130
  • Zoning Description: R-1A*

Tax Info

  • Tax Annual Amount: 2859.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 16, 2023
Sold by
Gleason Jolyn N
Bought by
Dunbar Robert and Legarda Ana
Seller's Agent
Marissa Baumann
Property Pros Realty, LLC
Buyer's Agent
Steffan Walters
Jason Mitchell RE NM
List Price
$339,999
Views
6
Current Estimated Value
$370,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$323,000
Outstanding Balance
$318,706
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$44,253

Purchase Details

Closed on
Jun 9, 2005
Sold by
Ambassador Development Llc
Bought by
Gleason Winona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.79%
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:

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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
Dunbar Robert -- Fidelity National Title
Gleason Winona -- Stewart Title
Stillbrooke Homes Inc -- Albuquerque Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunbar Robert $323,000
Previous Owner Gleason Winona $196,988
Previous Owner Gleason Winona $25,500
Previous Owner Gleason Winona $216,000
Previous Owner Gleason Winona $180,000
Previous Owner Ambassador Development Llc $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold -- -- --
10/13/2023 10/13/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $339,999 -- $155 / 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 $5,016 $118,888 $11,232 $107,656
2023 $2,962 $71,309 $14,227 $57,082
2022 $2,860 $69,232 $13,813 $55,419
2021 $2,761 $67,217 $13,411 $53,806
2020 $2,713 $65,259 $13,020 $52,239
2019 $2,631 $63,358 $12,641 $50,717
2018 $2,535 $63,358 $12,641 $50,717
2017 $2,455 $61,513 $12,273 $49,240
2016 $2,382 $57,983 $11,569 $46,414
2015 $56,294 $56,294 $11,232 $45,062
2014 $2,306 $56,294 $11,232 $45,062
2013 -- $65,723 $11,591 $54,132
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1043018

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-066-484325-1-21-30