NOT LISTED FOR SALE

7418 Palm Ln SW Albuquerque, NM 87121

Southwest Heights Neighborhood

Estimated Value: $228,000 - $266,710

3 Beds
2 Baths
1,344 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 7418 Palm Ln SW, Albuquerque, NM 87121 and is currently estimated at $247,678, approximately $184 per square foot. 7418 Palm Ln SW is a home located in Bernalillo County with nearby schools including Helen Cordero Primary School, Edward Gonzales Elementary School, and Jimmy Carter Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2006
Sold by
Padilla Ben D and Padilla Barbara D
Bought by
Martinez Elmer E and Martinez Nancy Brown
Current Estimated Value
$247,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2002
Sold by
Baca Joseph M and Baca Rebecca L
Bought by
Padilla Ben D and Padilla Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 17, 2002
Sold by
Equicredit Corp Of America
Bought by
Padilla Ben D and Padilla Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2001
Sold by
Griego Paul and Griego Frances M
Bought by
Equicredit Corp Of America
Source: Public Records

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.

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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.

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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.

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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.

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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
Martinez Elmer E -- First American Title Ins Co
Padilla Ben D -- None Available
Baca Joseph M $72,000 Albuquerque Title Company
Padilla Ben D -- First American Title Co
Equicredit Corp Of America $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Elmer E $80,890
Closed Martinez Elmer E $86,400
Previous Owner Baca Joseph M $72,000
Source: Public Records

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 $1,574 $37,310 $10,168 $27,142
2023 $1,548 $36,224 $9,872 $26,352
2022 $1,496 $35,170 $9,585 $25,585
2021 $1,446 $34,146 $9,306 $24,840
2020 $1,422 $33,152 $9,035 $24,117
2019 $1,380 $32,186 $8,772 $23,414
2018 $1,331 $32,186 $8,772 $23,414
2017 $1,290 $31,249 $8,517 $22,732
2016 $1,253 $29,456 $8,028 $21,428
2015 $28,599 $28,599 $7,795 $20,804
2014 $1,179 $27,766 $7,568 $20,198
2013 -- $26,957 $7,347 $19,610
Source: Public Records

Map

New Mexico Bernalillo County Albuquerque 87121 Southwest Heights

7418 Palm Ln SW, Albuquerque, NM

This home is located at 7418 Palm Ln SW, Albuquerque, NM 87121 and is currently estimated at $247,678, approximately $184 per square foot. 7418 Palm Ln SW is a home located in Bernalillo County with nearby schools including Helen Cordero Primary School, Edward Gonzales Elementary School, and Jimmy Carter Middle 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.

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