NOT LISTED FOR SALE

720 Tramway Ln NE Unit 4 Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $336,000 - $368,218

2 Beds
2 Baths
1,726 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 11, 2020

Current estimated payment $2,483/month

2 Days on Market

Highlights

  • Mountain Architecture
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Double Eagle Elementary School Rated A-
  • Corner Lot
  • Double Pane Windows

About This Home

As of August 2020

What a fantastic area to live in? At the foot of the Sandia mountain, hiking and biking trails abound.The main floor is open and spacious offering both East and West views. With its open floor plan that opens up to a patio with views of the Sandia Mountain, this town home is ideal for entertaining or simply enjoying the great NM weather.Easy access to the I25 either down Tramway or Paseo Del Norte. The ice skating ring is right next door and so is the County Line a local favorite BBQ restaurant.

Last Agent to Sell the Property

Robert Devine

Switch Realty, LLC License #19379 Listed on: 06/23/2020

Last Buyer's Agent

Christopher Lucas

Kate Southard Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1976

Lot Details

  • 1,873 Sq Ft Lot
  • South Facing Home
  • Landscaped

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Mountain Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Double Eagle Elementary School
  • Desert Ridge Middle School
  • La Cueva High School

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Co-Op Water
  • Cable TV Available

Community Details

  • Association fees include common areas, ground maintenance, road maintenance
  • 30 Units

Listing and Financial Details

  • Assessor Parcel Number 102306412452020116

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,000

Year Built

Built in 1976

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Directions: Head East on Tramway Lane from Tramway
  • Listing Contract Date: 2020-06-23
  • Year Built: 1976
  • Lot Size Acres: 0.04
  • Road Frontage Type: Public Road
  • Architectural Style: Mountain
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Attached,Townhouse
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Main Level Master
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1726.0
  • Stories: 2
  • Window Features: Double Pane Windows, Insulated Windows, Metal
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Tar/Gravel
  • Lot Features: Corner Lot, Landscaped
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Board & Batten Siding, Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Oversized

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Baseboard, Electric
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Road Maintenance

Schools

  • Elementary School: Double Eagle
  • High School: La Cueva
  • Middle Or Junior School: Desert Ridge

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1873.08
  • Parcel #: 102306412452020116
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 2000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 10, 2020
Sold by
Busani Tito L and Ventura Silvia
Bought by
Reigstad Stephen and Alvarez Luisa Rahell
Seller's Agent
Robert Devine
Switch Realty, LLC
Buyer's Agent
Christopher Lucas
Kate Southard Real Estate
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Total Days on Market
2
Current Estimated Value
$356,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,805
Avg. Annual Appreciation
5.97%
Original Mortgage
$216,000
Outstanding Balance
$194,077
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$162,728

Purchase Details

Closed on
May 15, 2013
Sold by
Abel Richard
Bought by
Busani Tito L

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
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Berlint Richard R
Bought by
Abel Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Albuquerque, NM

  • 8914 Chambers Place NE, Albuquerque, NM 87111

    $349,900

    • 3 Beds
    • 2 Baths
    • 1,885 Sq Ft
    • 8914 Chambers Place NE
    • Albuquerque, NM

    Tucked away on a quiet cul-de-sac in the desirable Academy Estates neighborhood, this spacious 1,885 sq ft single-story townhome offers comfort, character, and convenience. Featuring 3 bedrooms, 2 bathrooms, and 2 living areas, this home is designed for both relaxing and entertaining. The living room is warm and inviting with a wood-burning fireplace and beautiful beam ceilings, which extend into

    Veronica Gonzales Keller Williams Realty

    Section Image
  • 213 Vassar Dr SE Unit B, Albuquerque, NM 87106

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 213 Vassar Dr SE
    • Unit B
    • Albuquerque, NM

    ***VA assumable loan at 3.5%*** Welcome to this charming single-story townhome located just minutes from UNM, Nob Hill, and all the dining, shopping, and culture Albuquerque has to offer! Step inside to find a warm, two-tone interior, a cozy fireplace, tile flooring throughout the main areas, and carpet in the bedrooms. Designed with both comfort and functionality in mind, this home features 3

    Jasmin Sanchez EXP Realty LLC

    Section Image
  • 210 San Pasquale Ave NW Unit E, Albuquerque, NM 87104

    $319,000

    • 2 Beds
    • 1.5 Baths
    • 1,329 Sq Ft
    • 210 San Pasquale Ave NW
    • Unit E
    • Albuquerque, NM

    Come and be charmed! This stylish home is close to Old Town, museums, galleries, parks, restaurants, etc. The private end unit has two wonderful balconies with sunset and mountain views. The warmth of brick floors, exposed adobe walls, and a kiva fireplace are the essence of New Mexico. The living room opens to a lovely outdoor space. There is a double carport with a storage unit. Master bath has

    Mike Haley Coldwell Banker Legacy

    Section Image
  • 2700 Vista Grande Dr NW Unit 31, Albuquerque, NM 87120

    $295,000

    • 2 Beds
    • 2.5 Baths
    • 1,379 Sq Ft
    • 2700 Vista Grande Dr NW
    • Unit 31
    • Albuquerque, NM

    Perfectly situated on a bluff overlooking the Bosque, this exceptional townhome offers sweeping views of the Sandia Mountains, the Rio Grande River, and the sparkling city lights of Albuquerque. Nestled within the gated community of The Westcliff Townhomes--a certified wildlife sanctuary--this home offers a rare blend of privacy, security, and access to nature. Residents of this sought-after

    Veronica Gonzales Keller Williams Realty

    Section Image
  • 3039 Prenda de Oro NW, Albuquerque, NM 87120

    $295,000

    • 2 Beds
    • 2 Baths
    • 1,638 Sq Ft
    • 3039 Prenda de Oro NW
    • Albuquerque, NM

    Discover your ABQ Dream Home nestled in a pocket neighborhood in Ladera Heights. This open, spacious townhome, offers 1638 sqft. of charm and an abundance of natural light, thoughtfully designed living spaces, vaulted ceilings, multiple skylights, a cozy fireplace, noteworthy updates, two spacious ensuite bedrooms and a versatile large loft that can serve as a home office, 2nd living area, or

    Veronica Gonzales Keller Williams Realty

    Section Image
  • 1919 Amor Dr NW Unit 8, Albuquerque, NM 87120

    $290,000

    • 3 Beds
    • 2.5 Baths
    • 2,087 Sq Ft
    • 1919 Amor Dr NW
    • Unit 8
    • Albuquerque, NM

    Discover comfort and convenience in this beautifully maintained three-bedroom, two-and-a-half bath townhome located in the sought-after Ladera Heights neighborhood. With two spacious living areas, there's plenty of room to relax, entertain, or create a dedicated home office or hobby space. The layout is both functional and inviting, with natural light flowing throughout. Step outside to enjoy

    The Bader RE Team Keller Williams Realty

    Section Image
  • 793 Tramway Ln NE Unit M, Albuquerque, NM 87122

    $354,000

    • 3 Beds
    • 3 Baths
    • 1,896 Sq Ft
    • 793 Tramway Ln NE
    • Unit M
    • Albuquerque, NM

    Price reduced!- Lots of potential but needs work- Bring your hammer and tools to this awesome fixer upper in beautiful Sandia Heights. This home has 3bed/3 baths- The primary bedroom is extra large- deck and patio-views- beautiful hiking areas-Deer, roadrunners, and rabbits are some of the wildlife you will readily see- Bonus is its an End unit- Opportunity is knocking - seller will not do any

    skye white Skye's The Limit Realty

    Section Image
  • 795 Tramway Ln NE Unit L, Albuquerque, NM 87122

    $415,000

    • 3 Beds
    • 3 Baths
    • 1,887 Sq Ft
    • 795 Tramway Ln NE
    • Unit L
    • Albuquerque, NM

    PRICE REDUCED $15,000 ! Sandia Heights townhome with mountain & city light views and lots of upgrades. End unit with open floorplan - Alder wood floors in living/dining room/kitchen & breakfast nook. Gorgeous custom stained wood doors throughout. Enjoy dining on the deck just off the living room/breakfast nook area - or enjoy evening sunsets and city lights from the south deck. Both decks

    Lynn Johnson Keller Williams Realty

    Section Image
  • 880 Tramway Lane Ct NE, Albuquerque, NM 87122

    $379,000

    • 2 Beds
    • 2 Baths
    • 1,336 Sq Ft
    • 880 Tramway Lane Ct NE
    • Albuquerque, NM

    Charming home with 360 degree rooftop margarita deck. Enjoy the stars, mountains, and city lights! This home has been completely remodeled. Natural wood provides such warmth. All new stainless appliances including a wine refrigerator, gas stove, dishwasher, microwave, and refrigerator. Washer and dryer convey, too. New TPO roof. New quartz countertops, porcelain plank flooring, tile in

    Vicki Criel Criel and Associates, LLC

    Section Image
See All Homes in Albuquerque

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
Reigstad Stephen -- Old Republic Natl Ttl Ins Co
Busani Tito L -- Fidelity National Title Of N
Abel Richard -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reigstad Stephen $216,000
Previous Owner Busani Tito L $95,000
Previous Owner Abel Richard $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold -- -- --
06/25/2020 06/25/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $259,900 -- $151 / 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 $2,030 $65,394 $15,332 $50,062
2023 $2,058 $65,394 $15,332 $50,062
2022 $2,537 $80,992 $15,332 $65,660
2021 $2,525 $80,992 $15,332 $65,660
2020 $1,913 $60,527 $15,332 $45,195
2019 $963 $60,527 $15,332 $45,195
2018 $1,850 $60,527 $15,332 $45,195
2017 $1,793 $58,979 $15,792 $43,187
2016 $1,832 $58,653 $13,566 $45,087
2015 $58,653 $58,653 $13,566 $45,087
2014 $1,882 $60,707 $13,566 $47,141
2013 -- $43,351 $13,566 $29,785
Source: Public Records

Agents Affiliated with this Home

  • Robert Devine

    Seller's Agent in 2020

    Robert Devine

    Switch Realty, LLC

    (505) 515-5800

    1 in this area

    52 Total Sales

    Robert Devine
    Section Image

  • C

    Buyer's Agent in 2020

    Christopher Lucas

    Kate Southard Real Estate

See All Agents

Map

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

MLS Number: 970992

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-064-124520-2-01-16

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

720 Tramway Ln NE Unit 4, Albuquerque, NM

This home is located at 720 Tramway Ln NE Unit 4, Albuquerque, NM 87122 since 23 June 2020 and is currently estimated at $356,805, approximately $206 per square foot. This property was built in 1976. 720 Tramway Ln NE Unit 4 is a home located in Bernalillo County with nearby schools including Double Eagle Elementary School, Desert Ridge Middle School, and La Cueva 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.

Nearby Homes