NOT LISTED FOR SALE

7425 Palm Ln SW Albuquerque, NM 87121

Southwest Heights Neighborhood

Estimated Value: $225,000 - $264,000

3 Beds
1.5 Baths
1,284 Sq Ft
$195/Sq Ft Est. Value

Last Sold December 31, 2020

Current estimated payment $1,516/month

47 Days on Market

Highlights

  • 1 Fireplace
  • Territorial Architecture
  • Separate Outdoor Workshop
  • Multiple Living Areas
  • Covered Patio or Porch
  • Evaporated cooling system

About This Home

As of December 2020

PRICE IMPROVEMENT! Move-In-Ready. Great home for growing family, 2+ living areas, 3 Bedrooms, 1.5 baths, large lot with great workshop, studio or just storage.New ROOF in the works. Freshly painted interior and exterior. New carpet in the living room & bedrooms! Wonderful shaded covered back patio. Also includes home warranty. Walking distance to Gym, Public Transit & Grocery Store. Stop by today at this price it will not last long.

Last Agent to Sell the Property

Tracy Highspencer

Integrity Real Estate License #41482 Listed on: 09/18/2020

Last Buyer's Agent

Sarah Hammack

Simply Real Estate License #REC20250080

Simply Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1976

Lot Details

  • 6,882 Sq Ft Lot
  • South Facing Home
  • Private Entrance
  • Wrought Iron Fence
  • Back Yard Fenced
  • Landscaped
  • Zoning described as R-1B*

Home Design

  • Territorial Architecture
  • Planned Development
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Single Hung Metal Windows
  • Casement Windows
  • Sliding Doors
  • Multiple Living Areas
  • Free-Standing Gas Range
  • Washer and Dryer Hookup

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Edward Gonzales Elementary School
  • Jimmy Carter Middle School
  • West Mesa High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Electricity Not Available
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • Skyview West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101005727806540206

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Turn Left onto 75th St SW, Left on Lucca Ln Sw, Right turn on Flip LN SW and Right onto Palm- Destination in on your Right.
  • Listing Contract Date: 2020-09-18
  • Year Built: 1976
  • Lot Size Acres: 0.16
  • Subdivision Name: SkyView West
  • Architectural Style: Territorial
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Free-Standing Gas Range
  • Interior Amenities: Ceiling Fan(s), Multiple Living Areas, Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Custom, Glass Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1284.0
  • Window Features: Casement Window(s), Metal

Exterior Features

  • Exterior Features: Fence, Private Entrance, Patio, Private Yard
  • Roof: Flat
  • Fencing: Back Yard, Wall, Wrought Iron
  • Lot Features: Landscaped
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Other Structures: Storage, Workshop
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Common Interest: Planned Development

Schools

  • Elementary School: Edward Gonzales
  • High School: West Mesa
  • Middle Or Junior School: Jimmy Carter

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6882.48
  • Parcel #: 101005727806540206
  • Zoning Description: R-1B*

Tax Info

  • Tax Annual Amount: 1300.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 30, 2020
Sold by
Site Karen J Delle and Estate Of Robert Salazar
Bought by
Church Monica
Seller's Agent
Tracy Highspencer
Integrity Real Estate
Buyer's Agent
Sarah Hammack
Simply Real Estate
List Price
$169,000
Current Estimated Value
$250,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$161,912
Outstanding Balance
$144,812
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$108,538

Purchase Details

Listed on
May 14, 2013
Closed on
Oct 17, 2013
Sold by
Romero Bonnie K
Bought by
Salazar Robert
Seller's Agent
Tracy Highspencer
CENTURY 21 Camco Realty
Buyer's Agent
Tracy Highspencer
CENTURY 21 Camco Realty
List Price
$99,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$86,406
Interest Rate
4.61%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2005
Sold by
Romero Bonnie K
Bought by
Romero Bonnie K and Bonnie K Romero Revocable Trust

Purchase Details

Closed on
Jan 18, 2005
Sold by
Romero Thomas M
Bought by
Romero Bonnie K

Purchase Details

Closed on
Sep 22, 1998
Sold by
Ullom Dora E and Ullom Bonnie K
Bought by
Romero Bonnie K

Purchase Details

Closed on
Sep 8, 1998
Sold by
Tapia Louis E
Bought by
The Estate Of Dora E Ullom
Source: Public Records

Range of Values:

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Average Value
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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
Church Monica -- Stewart
Salazar Robert -- Old Republic National Title
Romero Bonnie K -- --
Romero Bonnie K -- --
Romero Bonnie K -- --
The Estate Of Dora E Ullom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Monica $161,912
Closed Church Monica $4,857
Previous Owner Salazar Robert $86,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold -- -- --
11/04/2020 11/04/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $164,900 -2.4% $128 / Sq Ft
09/18/2020 09/18/20 For Sale $169,000 +70.7% $132 / Sq Ft
10/17/2013 10/17/13 Sold -- -- --
09/11/2013 09/11/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $99,000 -- $73 / 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 $1,822 $43,195 $9,232 $33,963
2023 $1,846 $43,195 $9,232 $33,963
2022 $2,104 $49,465 $9,232 $40,233
2021 $2,094 $49,465 $9,232 $40,233
2020 $1,343 $33,305 $10,702 $22,603
2019 $1,301 $32,335 $10,391 $21,944
2018 $1,252 $32,335 $10,391 $21,944
2017 $1,211 $31,394 $10,088 $21,306
2016 $1,259 $29,592 $9,509 $20,083
2015 $28,730 $28,730 $9,232 $19,498
2014 $1,230 $28,963 $9,232 $19,731
2013 -- $28,700 $7,479 $21,221
Source: Public Records

Agents Affiliated with this Home

  • Tracy Highspencer

    Seller's Agent in 2020

    Tracy Highspencer

    Integrity Real Estate

    (505) 934-1646

    3 in this area

    53 Total Sales

    Tracy Highspencer
    Section Image
  • Sarah Hammack

    Buyer's Agent in 2020

    Sarah Hammack

    Simply Real Estate

    (575) 517-0550

    2 in this area

    7 Total Sales

    Sarah Hammack
    Section Image
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Map

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

MLS Number: 977365

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-057-278065-4-02-06

New Mexico Bernalillo County Albuquerque 87121 Southwest Heights

7425 Palm Ln SW, Albuquerque, NM

This home is located at 7425 Palm Ln SW, Albuquerque, NM 87121 since 18 September 2020 and is currently estimated at $250,185, approximately $194 per square foot. This property was built in 1976. 7425 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.

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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