NOT LISTED FOR SALE

720 Tramway Ln NE Unit 5 Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $341,000 - $377,135

2 Beds
2.5 Baths
1,859 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 12, 2013

Current estimated payment $2,572/month

17 Days on Market

Highlights

  • Custom Home
  • Deck
  • Great Room
  • Double Eagle Elementary School Rated A-
  • Cathedral Ceiling
  • Multiple Living Areas

About This Home

As of September 2013

Best value & opportunity! Breathtaking Sandia mtn & enchanting city light views are showcased from this tremendous townhome. Excptnl outdoor living w/approx 475sf of dramatic east facing deck that brings the mtns right to you. Open flrpln accesses east & west decks for extended living, dramatic views & brilliant ntrl light. Kitchen, dining & living areas open to each other & ftre front row seats to the best views in town. Mstr ste inclds office/workout room. Fantastic location w/forever views!

Last Agent to Sell the Property

Max Sanchez

Coldwell Banker Legacy License #6948 Listed on: 07/22/2013

Coldwell Banker Legacy

Last Buyer's Agent

Sharon Duffee

Coldwell Banker Legacy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,307

Year Built

  • Built in 1975

Lot Details

  • 2,178 Sq Ft Lot
  • East Facing Home
  • Wrought Iron Fence
  • Landscaped

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1,859 Sq Ft Home
  • Property has 2 Levels
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Great Room
  • Multiple Living Areas
  • Home Office
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Evaporated cooling system
  • Zoned Heating and Cooling System
  • Baseboard Heating
  • Co-Op Water
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 102306412352220115

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • 29 Units

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,307

Year Built

Built in 1975

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Directions: From Paseo del Norte- North on Tramway almost to County Line- East (right) on Tramway Lane- left into Chamisa Park Townhomes- home will be on the left- unit #5
  • Year Built: 1975
  • Lot Size Acres: 0.05
  • Lot Size: Views
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Architectural Style: Custom
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Attached,Townhouse
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Microwave
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Dual Sinks, Great Room, High Speed Internet, Home Office, Multiple Living Areas, Pantry, Tub Shower, Cable TV
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1859.0
  • Stories: 2
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Landscaping
  • Roof: Tar/Gravel
  • Fencing: Wrought Iron
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, Restricted
  • Builder Name: Unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Evaporative Cooling
  • Heating: Baseboard, Electric, Zoned
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 102306412352220115
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 29

Tax Info

  • Tax Annual Amount: 1306.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Sep 12, 2013
Sold by
Patterson Teresa L
Bought by
Peterson Richard and Peterson Ann
Seller's Agent
Max Sanchez
Coldwell Banker Legacy
Buyer's Agent
Sharon Duffee
Coldwell Banker Legacy
List Price
$199,900
Sold Price
$194,000
Premium/Discount to List
-$5,900
-2.95%
Total Days on Market
17
Current Estimated Value
$356,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,605
Avg. Annual Appreciation
5.33%
Original Mortgage
$155,200
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2012
Closed on
Nov 16, 2012
Sold by
Gabbett Thomas W and Gabbett Maria I
Bought by
Patterson Theresa L
Seller's Agent
Steve Murtha
Keller Williams Realty
Buyer's Agent
Steve Murtha
Keller Williams Realty
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%

Purchase Details

Closed on
Nov 16, 2011
Sold by
Gabbett Thomas W and Gabbett Maria L
Bought by
Patterson Theresa L

Purchase Details

Closed on
Apr 9, 2009
Sold by
Gabbett Thomas W and Gabbett Maria I
Bought by
Gabbett Thomas W and Gabbett Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,100
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 1999
Sold by
Dick Mark B and Starr Robin M
Bought by
Gabbett Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
6.66%
Source: Public Records

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Range of Values:

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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
Peterson Richard -- None Available
Patterson Theresa L -- None Available
Patterson Theresa L $177,500 Fidelity National Title Ins
Gabbett Thomas W -- Stewart Title
Gabbett Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Richard $153,502
Previous Owner Peterson Richard $155,200
Previous Owner Gabbett Thomas W $85,100
Previous Owner Gabbett Thomas W $110,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold -- -- --
08/08/2013 08/08/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $199,900 +8.1% $108 / Sq Ft
11/16/2012 11/16/12 Sold -- -- --
10/14/2012 10/14/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $185,000 -- $122 / 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 $1,872 $66,294 $15,332 $50,962
2023 $1,897 $66,285 $16,753 $49,532
2022 $2,016 $64,354 $16,265 $48,089
2021 $1,948 $62,481 $15,792 $46,689
2020 $1,917 $60,661 $15,332 $45,329
2019 $1,938 $61,327 $15,332 $45,995
2018 $1,868 $61,327 $15,332 $45,995
2017 $1,810 $59,547 $16,753 $42,794
2016 $1,753 $56,130 $15,792 $40,338
2015 $54,495 $54,495 $15,332 $39,163
2014 $1,689 $54,495 $15,332 $39,163
2013 -- $55,061 $15,332 $39,729
Source: Public Records

Agents Affiliated with this Home

  • Max Sanchez

    Seller's Agent in 2013

    Max Sanchez

    Coldwell Banker Legacy

    (505) 228-8287

    26 in this area

    57 Total Sales

    Max Sanchez
    Section Image

  • S

    Buyer's Agent in 2013

    Sharon Duffee

    Coldwell Banker Legacy

    (505) 857-2389

    1 Total Sale

    Sharon Duffee
    Section Image
  • The Duffee Group

    Buyer's Agent in 2013

    The Duffee Group

    Coldwell Banker Legacy

    (505) 507-0568

    17 Total Sales

    Section Image

  • S

    Seller's Agent in 2012

    Steve Murtha

    Keller Williams Realty

See All Agents

Map

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

MLS Number: 764906

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-064-123522-2-01-15

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

720 Tramway Ln NE Unit 5, Albuquerque, NM

This home is located at 720 Tramway Ln NE Unit 5, Albuquerque, NM 87122 since 22 July 2013 and is currently estimated at $356,534, approximately $191 per square foot. This property was built in 1975. 720 Tramway Ln NE Unit 5 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.

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