NOT LISTED FOR SALE

5601 Drake Ave NW Albuquerque, NM 87114

Paradise Hills Civic Neighborhood

Estimated Value: $294,000 - $344,000

2 Beds
2 Baths
1,740 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 5601 Drake Ave NW, Albuquerque, NM 87114 and is currently estimated at $318,729, approximately $183 per square foot. 5601 Drake Ave NW is a home located in Bernalillo County with nearby schools including Sierra Vista Elementary School, James Monroe Middle School, and Cibola High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Deborah Marquez
Bought by
Padilla Dominic and Padilla Justine
Current Estimated Value
$318,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,666
Outstanding Balance
$181,317
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$127,896

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lang Barbara L
Bought by
Marquez Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2005
Sold by
Watson Louise
Bought by
Lang Barbara L and Lang Wilfred J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Padilla Dominic -- Fidelity National Title
Marquez Deborah -- Rio Grande Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Dominic $191,666
Previous Owner Marquez Deborah $172,500
Source: Public Records

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 $1,911 $61,554 $10,917 $50,637
2023 $1,881 $59,761 $10,599 $49,162
2022 $1,399 $46,646 $13,034 $33,612
2021 $1,350 $45,288 $12,655 $32,633
2020 $1,326 $43,969 $12,286 $31,683
2019 $1,286 $42,689 $11,929 $30,760
2018 $1,237 $42,689 $11,929 $30,760
2017 $1,197 $41,446 $11,582 $29,864
2016 $1,158 $39,068 $10,917 $28,151
2015 $37,930 $37,930 $10,599 $27,331
2014 $1,114 $37,930 $10,599 $27,331
2013 -- $37,798 $12,181 $25,617
Source: Public Records

Map

New Mexico Bernalillo County Albuquerque 87114 Paradise Hills Civic

5601 Drake Ave NW, Albuquerque, NM

This home is located at 5601 Drake Ave NW, Albuquerque, NM 87114 and is currently estimated at $318,729, approximately $183 per square foot. 5601 Drake Ave NW is a home located in Bernalillo County with nearby schools including Sierra Vista 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.

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