NOT LISTED FOR SALE

720 Tramway Ln NE Unit 6 Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $339,000 - $400,257

2 Beds
2.5 Baths
1,864 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 27, 2017

Current estimated payment $2,586/month

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Double Eagle Elementary School Rated A-
  • 2 Fireplaces
  • Double Pane Windows

About This Home

As of September 2017

This town home offers views of Sandia Peak and the tram, that are typically reserved to half million dollar homes. On a split two levels, the upper floor is the living area, with a spacious open floor plan, opening up to the large outdoor deck with the amazing views.The downstairs has two bedrooms, one very large and two full bathrooms.Some of the local attractions are the hiking trails, the tramway bicycle paths, ice skating ring, and discounted tickets to the peak, for hiking or skiing.Tremendous value, for this very desirable zip code with some of the best public schools in Albuquerque.The home does need some TLC, but perhaps this is the opportunity to make it the way you want it, for a great price.3D Virtual tour available on request.

Last Agent to Sell the Property

Robert Devine

Switch Realty, LLC License #19379 Listed on: 07/21/2017

Last Buyer's Agent

Joe Olmi

La Entrada Realty License #20054

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1977

Lot Details

  • 1,742 Sq Ft Lot
  • East Facing Home
  • Landscaped

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Pitched Roof
  • Tar and Gravel Roof
  • Wood Siding

Interior Spaces

  • 1,864 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Single Hung Metal Windows
  • Electric Dryer Hookup
  • Property Views

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Brick
  • CRI Green Label Plus Certified Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Schools

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

Utilities

  • Evaporated cooling system
  • Heating Available
  • Co-Op Water

Community Details

  • Association fees include ground maintenance, road maintenance
  • 29 Units
  • Sandia Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102306412452620120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,777

Year Built

Built in 1977

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached
  • Directions: From Tramway, go up Tramway Lane until you see Chamisa Townhomes entrance on the left.
  • Listing Contract Date: 2017-07-18
  • Year Built: 1977
  • Lot Size Acres: 0.04
  • Road Frontage Type: Public Road
  • Subdivision Name: Sandia Heights
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None

Interior Features

  • Flooring: Brick, Carpet
  • Appliances: Built-In Electric Range, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Kitchen Island, Main Level Master
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1864.0
  • Stories: 2
  • Window Features: Double Pane Windows, Insulated Windows, Metal

Exterior Features

  • Exterior Features: Deck
  • Roof: Flat, Pitched, Tar/Gravel
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: 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: 1742.4
  • Parcel #: 102306412452620120
  • Zoning Description: R-T*

Multi Family

  • Number Of Units Total: 29

Tax Info

  • Tax Annual Amount: 1777.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 22, 2017
Sold by
Dow Carol and Andrews Carol
Bought by
Franchini Joshua
Seller's Agent
Robert Devine
Switch Realty, LLC
Buyer's Agent
Joe Olmi
La Entrada Realty
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Total Days on Market
17
Current Estimated Value
$371,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,564
Avg. Annual Appreciation
8.40%
Original Mortgage
$180,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2008
Sold by
Turgeon Matthew and Turgeon Jennifer
Bought by
Andrews Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,100
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2000
Sold by
Rehm Robert and Rehm Sammy
Bought by
Turgeon Matthew C and Turgeon Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,298
Interest Rate
8.16%

Purchase Details

Closed on
Nov 3, 1999
Sold by
Wetzel Darlene L
Bought by
Rehm Robert A
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
Franchini Joshua -- Old Republic National Title
Andrews Carol -- Landamerica Albuquerque Titl
Turgeon Matthew C -- Fidelity National Title Ins
Rehm Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pranchini Joshua $206,500
Closed Franchini Joshua $180,000
Previous Owner Andrews Carol $219,100
Previous Owner Turgeon Matthew C $122,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2017 09/27/17 Sold -- -- --
08/06/2017 08/06/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $209,900 -- $113 / 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 $2,331 $75,093 $15,332 $59,761
2023 $2,318 $73,642 $16,753 $56,889
2022 $2,240 $71,497 $16,265 $55,232
2021 $2,165 $69,415 $15,792 $53,623
2020 $2,130 $67,393 $15,332 $52,061
2019 $2,155 $68,193 $15,332 $52,861
2018 $2,139 $68,193 $15,332 $52,861
2017 $1,835 $68,193 $15,332 $52,861
2016 $1,777 $56,909 $14,818 $42,091
2015 $55,252 $55,252 $14,387 $40,865
2014 $1,601 $53,643 $13,968 $39,675
2013 -- $52,080 $13,561 $38,519
Source: Public Records

Agents Affiliated with this Home

  • Robert Devine

    Seller's Agent in 2017

    Robert Devine

    Switch Realty, LLC

    (505) 515-5800

    1 in this area

    53 Total Sales

    Robert Devine
    Section Image
  • Joe Olmi

    Buyer's Agent in 2017

    Joe Olmi

    La Entrada Realty

    (505) 620-8864

    1 in this area

    24 Total Sales

    Joe Olmi
    Section Image
See All Agents

Map

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

MLS Number: 897605

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-064-124526-2-01-20

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

720 Tramway Ln NE Unit 6, Albuquerque, NM

This home is located at 720 Tramway Ln NE Unit 6, Albuquerque, NM 87122 since 21 July 2017 and is currently estimated at $371,564, approximately $199 per square foot. This property was built in 1977. 720 Tramway Ln NE Unit 6 is a home located in Bernalillo County with nearby schools including Double Eagle Elementary School, Desert Ridge Middle School, and La Cueva High School.

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