NOT LISTED FOR SALE

725 Tramway Ln NE Unit 1 Albuquerque, NM 87122

Sandia Heights Neighborhood

Estimated Value: $573,000 - $631,000

3 Beds
2 Baths
2,377 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 28, 2019

Current estimated payment $3,728/month

25 Days on Market

Highlights

  • RV Garage
  • Deck
  • 1 Fireplace
  • Double Eagle Elementary School Rated A-
  • Pueblo Architecture
  • Multiple Living Areas

About This Home

As of February 2019

Enjoy the city lights and sunsets to the west and the Sandia Mountain views to the east. This single family home offers Sandia Heights living with natural landscaping, courtyards, patios and open spaces. Radiant natural gas baseboard heat throughout. The updated white kitchen with double ovens and island is light and bright. Large windows and high ceilings capture the Sandia mountains from the living room. The second living area offers a gas stove for cozy heat during chilly winter evenings and can be a great media space for afternoon football. The attached garage and RV garage could double as a studios or workshop if you desire extra space. Close to trails and hiking you will want to enjoy the outdoors. Don't forget the La Cueva school districts are highly desirable.

Last Agent to Sell the Property

Carol Sauder

Coldwell Banker Legacy License #37972 Listed on: 12/13/2018

Coldwell Banker Legacy

Last Buyer's Agent

Joseph Maez

The Maez Group License #17921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,010

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot
  • East Facing Home
  • Water-Smart Landscaping
  • Sprinkler System
  • Zoning described as R-2

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • RV Garage

Home Design

  • Pueblo Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 2,377 Sq Ft Home
  • Property has 1 Level
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Wood Frame Window
  • Multiple Living Areas
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Built-In Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch
  • Covered Courtyard

Schools

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

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Co-Op Water
  • Cable TV Available

Community Details

  • Association fees include common areas

Listing and Financial Details

  • Assessor Parcel Number 102306412350020609

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,010

Year Built

Built in 1978

Lot Details

0

HOA Fees

$96 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Tramway and Paseo, head North on Tramway. Then East on Tramway lane, home is on the east side of Tramway lane.
  • Listing Contract Date: 2018-11-27
  • Year Built: 1978
  • Lot Size Acres: 0.37
  • Architectural Style: Pueblo
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Beamed Ceilings, Breakfast Area, Ceiling Fan(s), Dual Sinks, Kitchen Island, Living/Dining Room, Multiple Living Areas, Main Level Master, Shower Only, Skylights, Separate Shower, Cable TV, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2377.0
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Courtyard, Deck, Sprinkler/Irrigation
  • Roof: Tar/Gravel
  • Lot Features: Landscaped, Views
  • Pool Private: No
  • View: Yes
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Deck, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Oversized, RV Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer, Community/Coop Sewer

Condo/Co-op/Association

  • Association Fee: 96.0
  • Association Fee Frequency: Monthly
  • Association: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16161.0
  • Parcel #: 102306412350020609
  • Zoning Description: R-2

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Tax Info

  • Tax Annual Amount: 3009.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Sanchez Jeffrey R
Bought by
Andersen Jason J
Total Days on Market
25
Current Estimated Value
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Outstanding Balance
$338,404
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$260,596

Purchase Details

Listed on
Dec 13, 2018
Closed on
Feb 28, 2019
Sold by
Overby B Lowell
Bought by
Sanchez Jeffrey R
Seller's Agent
Carol Sauder
Coldwell Banker Legacy
Buyer's Agent
Joseph Maez
The Maez Group
List Price
$399,999
Sold Price
$390,000
Premium/Discount to List
-$9,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$370,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2009
Sold by
Shortridge Linda N
Bought by
Overby B Lowell and Overby Ester Tomelloso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
4.97%
Mortgage Type
New Conventional
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
Andersen Jason J -- Centric Title
Sanchez Jeffrey R -- Stewart Title
Overby B Lowell -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersen Jason J $341,000
Previous Owner Sanchez Jeffrey R $367,000
Previous Owner Sanchez Jeffrey R $370,500
Previous Owner Overby B Lowell $323,200
Previous Owner Overby B Lowell $328,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold -- -- --
01/07/2019 01/07/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $399,999 -- $168 / 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 $3,344 $107,722 $15,565 $92,157
2023 $3,390 $107,722 $15,565 $92,157
2022 $3,374 $107,722 $15,565 $92,157
2021 $3,365 $107,899 $16,032 $91,867
2020 $3,310 $104,756 $15,565 $89,191
2019 $3,128 $105,010 $23,000 $82,010
2018 $3,010 $105,010 $23,000 $82,010
2017 $2,911 $101,952 $22,330 $79,622
2016 $2,814 $96,101 $21,049 $75,052
2015 $93,302 $93,302 $20,436 $72,866
2014 $2,622 $90,585 $19,841 $70,744
2013 -- $87,946 $19,263 $68,683
Source: Public Records

Agents Affiliated with this Home

  • Carol Sauder

    Seller's Agent in 2019

    Carol Sauder

    Coldwell Banker Legacy

    (505) 620-3898

    4 in this area

    221 Total Sales

    Carol Sauder
    Section Image
  • Joseph Maez

    Buyer's Agent in 2019

    Joseph Maez

    The Maez Group

    (505) 600-9114

    6 in this area

    1,656 Total Sales

    Joseph Maez
    Section Image
See All Agents

Map

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

MLS Number: 934044

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-023-064-123500-2-06-09

New Mexico Bernalillo County Albuquerque 87122 Sandia Heights

725 Tramway Ln NE Unit 1, Albuquerque, NM

This home is located at 725 Tramway Ln NE Unit 1, Albuquerque, NM 87122 since 13 December 2018 and is currently estimated at $599,000, approximately $251 per square foot. This property was built in 1978. 725 Tramway Ln NE Unit 1 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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