NOT LISTED FOR SALE

6708 Palacio Dr SW Albuquerque, NM 87105

Estimated Value: $336,000 - $382,000

3 Beds
2 Baths
1,544 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 29, 2022

Current estimated payment $2,247/month

1 Day on Market

Highlights

  • 0.51 Acre Lot
  • 1 Fireplace
  • Private Yard
  • Wood Burning Stove
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of August 2022

Under Contract Taking Backup OffersSouthwestern style home situated on .5 acre (all fenced) in the beautiful, lush green Valley Farms area. This home has three bedrooms, two bathrooms and a detached two car garage. Recent updates include, refrigerated air, pro-panel roof, Anderson windows, granite kitchen counters, kitchen cabinets and synthetic stucco done in 2021. Enjoy the wood burning stove in the colder months and mature fruit trees, grape vines and grass in the summer.

Last Agent to Sell the Property

Erika Barela

Keller Williams Realty License #51882 Listed on: 07/23/2022

Keller Williams Realty

Last Buyer's Agent

Rachel Rodriguez

RE/MAX ELEVATE License #37865

RE/MAX ELEVATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1964

Lot Details

  • 0.51 Acre Lot
  • South Facing Home
  • Private Entrance
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Corner Lot
  • Private Yard
  • Zoning described as MX-FB-AC*

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,544 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Burning Stove
  • Tile Flooring
  • Window Bars
  • Free-Standing Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

  • Los Padillas Elementary School
  • Polk Middle School
  • Rio Grande High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 101005038501740314

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Head south on I-25, take the NM-314/Isleta Blvd exit, exit 213, left on Cherry Tree, right on Palacio Dr.
  • Listing Contract Date: 2022-07-22
  • Year Built: 1964
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Free-Standing Gas Range, Refrigerator, Washer
  • Interior Amenities: Main Level Primary
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1544.0

Exterior Features

  • Exterior Features: Fully Fenced, Fence, Private Entrance, Private Yard, RV Parking/RV Hookup
  • Roof: Metal, Pitched
  • Fencing: Wrought Iron
  • Lot Features: Corner Lot
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Other Structures: Storage
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, 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
  • Security: Window Bars
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Los Padillas
  • High School: Rio Grande
  • Middle Or Junior School: Polk

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 101005038501740314
  • Zoning Description: MX-FB-AC*

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Aug 26, 2022
Sold by
Lucero Eduardo G
Bought by
Cruz Aurora
Seller's Agent
Erika Barela
Keller Williams Realty
Buyer's Agent
Rachel Rodriguez
RE/MAX ELEVATE
List Price
$325,000
Current Estimated Value
$365,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$304,532
Outstanding Balance
$293,475
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$69,916

Purchase Details

Closed on
Dec 2, 2003
Sold by
Deutsche Bank National Trust Company
Bought by
Lucero Eduardo G

Purchase Details

Closed on
Oct 25, 2000
Sold by
Garcia Phillip B and Lucero Elizabeth
Bought by
Charter Bank
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
Cruz Aurora -- --
Lucero Eduardo G -- None Available
Charter Bank $74,911 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Aurora $304,532
Closed Cruz Aurora $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold -- -- --
07/25/2022 07/25/22 Pending -- -- --
07/23/2022 07/23/22 For Sale $325,000 -- $210 / 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 $3,100 $85,524 $8,432 $77,092
2023 $3,211 $85,524 $8,432 $77,092
2022 $0 $40,200 $10,229 $29,971
2021 $0 $39,029 $9,931 $29,098
2020 $0 $37,893 $9,642 $28,251
2019 $0 $36,790 $9,362 $27,428
2018 $0 $36,790 $9,362 $27,428
2017 $0 $35,718 $9,089 $26,629
2016 $0 $33,668 $8,567 $25,101
2015 $32,688 $32,688 $8,318 $24,370
2014 -- $31,736 $8,076 $23,660
2013 -- $30,812 $7,841 $22,971
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 1019602

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-050-385017-4-03-14