NOT LISTED FOR SALE

7020 Arrington Rd SW Albuquerque, NM 87105

Estimated Value: $528,000 - $642,000

1 Acre
$608,672 Price per Acre
43,560 Sq Ft Lot

Last Sold February 26, 2019

Current estimated payment $3,711/month

232 Days on Market

Highlights

  • Horses Allowed On Property
  • Meadow
  • Level Lot
  • 1 Acre Lot
  • Partially Fenced Property

About This Lot

As of February 2019

This is an irregular shaped lot that had a house on it at one time. Purchaser tore it down and left the chimney. Since this happened in 2008, I don't believe city water or sewer was available at that time. So there is probably a well and a septic was supposedly crushed and filled in on the property. The survey I received from MRGCD shows where the house was located. Property is located in a nice pocket of the far south valley. Easy access to I-25, downtown, Isleta golf course, resort, casino, Rail Runner and the airport. Owner prefers cash and is not interested in carrying a NMREC or a trade.Perfect to build your new dream home

Last Agent to Sell the Property

Leslie Fincher

Berkshire Hathaway NM Prop License #27881 Listed on: 06/12/2018

Berkshire Hathaway NM Prop

Last Buyer's Agent

Maria Baca

ERA Summit License #50940

ERA Summit

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,082

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Wire Fence
  • Level Lot
  • Meadow
  • Zoning described as A-1,A-R,R-1

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • Lands/Morris Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 101004951921510803

Property Details

Property Type

Land

Est. Annual Taxes

$1,082

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: I-25 to Rio Bravo W to Coors S to Norment E to Arrington First lot on the east side of Arrington. I-25 exit #213 Isleta Blvd. N to Luchetti W on Luchetti which transforms into Norment after crossing irrigation ditch. Continue W to Arrington then turn N it will be the first lot on the east side of Arrington.
  • Listing Contract Date: 2018-06-11
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Lot Size: N/A
  • Subdivision Name: Lands/Morris
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential, Unimproved

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Meadow, Acreage
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Other, See Remarks
  • Water Source: Other

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Agricultural
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 101004951921510803
  • Zoning Description: A-1,A-R,R-1

Tax Info

  • Tax Annual Amount: 1082.1
  • Tax Block: n/a
  • Tax Lot: 2
  • Tax Tract: n/a

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Feb 26, 2019
Sold by
Hanlin Bonnie
Bought by
Serna Anthony R and Serna Laura G
Seller's Agent
Leslie Fincher
Berkshire Hathaway NM Prop
Buyer's Agent
Maria Baca
ERA Summit
List Price
$95,000
Current Estimated Value
$608,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.59%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Perez Francisco and Vargas Huizar Teresa
Bought by
Martin Bernard and Martin Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2008
Sold by
Pena Victor E
Bought by
Perez Francisco and Vargas Huizar Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 9, 2008
Sold by
Federal National Mortgage Association
Bought by
Pena Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 3, 2004
Sold by
Sandoval Anthony
Bought by
Pena Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2004
Sold by
Trubow Adam
Bought by
Pena Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2004
Sold by
Stevenson Patricia A Morris
Bought by
Mortgage Electronic Registration Systems

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association
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
Serna Anthony R -- Fidelity Natl Title Ins Co
Martin Bernard -- None Available
Martin Bernard $145,000 Fidelity Natl Title Ins Co
Perez Francisco $110,000 Fidelity Natl Title Ins Co
Pena Victor E -- Fidelity Natl Title Ins Co
Pena Victor E -- Fidelity Natl Title Ins Co
Sandoval Anthony $101,000 First American Title Ins Co
Pena Victor E -- Atc
Mortgage Electronic Registration Systems $77,030 Fidelity National Title
Federal National Mortgage Association -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Laura G $246,900
Closed Serna Laura G $250,000
Previous Owner Martin Bernard $115,000
Previous Owner Perez Francisco $95,000
Previous Owner Sandoval Anthony $101,000
Previous Owner Pena Victor E $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold -- -- --
01/30/2019 01/30/19 Pending -- -- --
06/12/2018 06/12/18 For Sale $95,000 -- --
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 $4,740 $129,720 $25,664 $104,056
2023 $4,795 $129,720 $25,664 $104,056
2022 $4,721 $129,720 $25,664 $104,056
2021 $4,703 $129,720 $25,664 $104,056
2020 $1,098 $25,664 $25,664 $0
2019 $1,098 $25,664 $25,664 $0
2018 $1,098 $25,664 $25,664 $0
2017 $1,091 $25,664 $25,664 $0
2016 $1,082 $25,664 $25,664 $0
2015 $25,664 $25,664 $25,664 $0
2014 $1,052 $25,664 $25,664 $0
2013 -- $25,664 $25,664 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 921040

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-049-519215-1-08-03