NOT LISTED FOR SALE

700 Madeira Dr NE Albuquerque, NM 87108

Fairgrounds Neighborhood

Estimated Value: $265,000 - $314,734

3 Beds
2 Baths
1,208 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 02, 2023

Current estimated payment $1,858/month

3 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch
  • Zia Elementary School Rated A-
  • Private Yard
  • 3-minute walk to Fox Memorial Park

About This Home

As of June 2023

From the moment you enter, you know this home has been beautifully maintained. Updates include - 2021: Furnace. 2020: Roof, Water Heater, Electric Stove. 2018: Gutters, Evaporative Cooler. Freshly painted interior. Wood parquet floors. Kitchen w/ wonderful re-faced cabinetry and soft close drawers. Spacious laundry room. Refrigerator, washer, and dryer convey. Three bdrms. One w/ custom built-in closet and shelves. Perfect for an office. Nice lighting. Charming bathrooms. Immaculate! Curtains and blinds convey. Fabulous outdoor living! The large backyard is truly an oasis! Lilac, roses, butterfly bushes, bulbs, jasmine, mature trees, and more. Backyard access. Gorgeous covered patio. Lights, misters, and grill convey. Garage w/ storage area. Excellent location. Lovely curb appeal. Wow!

Last Agent to Sell the Property

Kelly Sullivan

Coldwell Banker Legacy License #38943 Listed on: 04/23/2023

Coldwell Banker Legacy

Last Buyer's Agent

Venturi Realty Group

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home
  • Private Entrance
  • Corner Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Zoning described as R-1B*

Parking

  • 1 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,208 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Double Pane Windows
  • Insulated Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Schools

  • Zia Elementary School
  • Jefferson Middle School
  • Highland School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Xeriscape Landscape
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 101805706240323501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,559

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From San Mateo and Lomas: East on Lomas. South on Madeira
  • Listing Contract Date: 2023-04-22
  • Year Built: 1950
  • Lot Size Acres: 0.14
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Dryer, Free-Standing Electric Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Bookcases, Living/Dining Room, Main Level Primary, Shower Only, Separate Shower
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1208.0
  • Window Features: Casement Window(s), Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Private Entrance, Private Yard, Sprinkler/Irrigation
  • Roof: Flat
  • Fencing: Wall
  • Lot Features: Corner Lot, Lawn, Sprinklers Automatic, Xeriscape
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Storage

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Zia
  • High School: Highland
  • Middle Or Junior School: Jefferson

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 101805706240323501
  • Zoning Description: R-1B*

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 1558.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2023
Closed on
Jun 2, 2023
Sold by
Ball Marian and Ball Rachel E
Bought by
Hopkins Miles and Barton Dillon
Seller's Agent
Kelly Sullivan
Coldwell Banker Legacy
Buyer's Agent
Venturi Realty Group
Real Broker
List Price
$250,000
Views
85
Current Estimated Value
$290,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.40%
Original Mortgage
$175,000
Outstanding Balance
$170,506
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$120,507

Purchase Details

Closed on
Aug 21, 2003
Sold by
Ball Marlan W and Archer Rachel Elaine
Bought by
Ball Marlan and Archer Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 1998
Sold by
Wilson Eva L
Bought by
Ball Marlan W and Ball Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,860
Interest Rate
7.2%
Mortgage Type
VA
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
Hopkins Miles -- Old Republic National Title In
Ball Marlan -- First National Title Co
Ball Marlan W -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopkins Miles $175,000
Previous Owner Ball Marlan $89,600
Previous Owner Ball Marlan W $94,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold -- -- --
04/27/2023 04/27/23 Pending -- -- --
04/23/2023 04/23/23 For Sale $250,000 -- $207 / 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 $3,282 $77,792 $13,632 $64,160
2023 $1,621 $43,923 $7,430 $36,493
2022 $1,559 $42,643 $7,213 $35,430
2021 $1,499 $41,402 $7,003 $34,399
2020 $1,467 $40,196 $6,799 $33,397
2019 $1,466 $40,196 $6,799 $33,397
2018 $1,442 $40,196 $6,799 $33,397
2017 $1,390 $39,844 $7,430 $32,414
2016 $1,343 $37,557 $7,003 $30,554
2015 $36,463 $36,463 $6,799 $29,664
2014 $1,294 $36,463 $6,799 $29,664
2013 -- $36,682 $9,136 $27,546
Source: Public Records

Agents Affiliated with this Home

  • Kelly Sullivan

    Seller's Agent in 2023

    Kelly Sullivan

    Coldwell Banker Legacy

    (505) 296-9495

    1 in this area

    51 Total Sales

    Kelly Sullivan
    Section Image
  • Venturi Realty Group

    Buyer's Agent in 2023

    Venturi Realty Group

    Real Broker

    (505) 448-8888

    14 in this area

    1,118 Total Sales

    Venturi Realty Group
    Section Image
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Map

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

MLS Number: 1033142

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-057-062403-2-35-01

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

700 Madeira Dr NE, Albuquerque, NM

This home is located at 700 Madeira Dr NE, Albuquerque, NM 87108 since 23 April 2023 and is currently estimated at $290,684, approximately $240 per square foot. This property was built in 1950. 700 Madeira Dr NE is a home located in Bernalillo County with nearby schools including Zia Elementary School, Jefferson Middle School, and Highland 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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