NOT LISTED FOR SALE

7501 Rainwater Rd SW Albuquerque, NM 87121

Southwest Heights Neighborhood

Estimated Value: $251,000 - $281,000

3 Beds
2 Baths
1,190 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 17, 2019

Current estimated payment $1,566/month

11 Days on Market

Highlights

  • Private Yard
  • 2 Car Attached Garage
  • Refrigerated Cooling System
  • Thermal Windows
  • Walk-In Closet
  • Bathtub with Shower

About This Home

As of October 2019

Beautiful Albuquerque Southwest home features:Refrigerated Air, Synthetic Stucco, New Kitchen cabinets with granite counter tops, New Flooring,SS Appliances and many more updates through out the house. Walled Lot for privacy, Wrought Iron for extra security.

Last Agent to Sell the Property

Georgina Gaspar Grajeda

Eyes of the Southwest Realty License #REC20230134 Listed on: 09/02/2019

Last Buyer's Agent

Tiffany Fanelli

Berkshire Hathaway Home Svc NM License #50360

Berkshire Hathaway Home Svc NM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Fenced Front Yard
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,190 Sq Ft Home
  • Property has 1 Level
  • Thermal Windows
  • Electric Dryer Hookup

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Schools

  • Mary Ann Binford Elementary School
  • Truman Middle School
  • Rio Grande High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Natural Gas Connected

Community Details

  • Built by ARTISTIC
  • Desert Spgs Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101005529323043210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,465

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From UNSER Head east on Arenal Rd toward Desert Springs Dr, Right at the 1st cross street onto Desert Springs Dr, Left onto Rainwater Rd.Home is in the North side of street.
  • Year Built: 1999
  • Lot Size Acres: 0.1
  • Subdivision Name: Desert Spgs Sub
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 16 - 20
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Free-Standing Gas Range, Disposal, Refrigerator, Range Hood
  • Interior Amenities: Main Level Master, Tub Shower, Walk-In Closet(s)
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1190.0
  • Window Features: Thermal Windows

Exterior Features

  • Exterior Features: Fence, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Front Yard, Wall, Wrought Iron
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: ARTISTIC
  • Construction Type: Frame, Synthetic Stucco
  • Direction Faces: South
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Refrigerated
  • Heating: Combination
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Mary Ann Binford
  • High School: Rio Grande
  • Middle Or Junior School: Truman

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 101005529323043210
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1465.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2019
Closed on
Oct 16, 2019
Sold by
Gili Investments Llc
Bought by
Gavina Jamie M
Seller's Agent
Georgina Gaspar Grajeda
Eyes of the Southwest Realty
Buyer's Agent
Tiffany Fanelli
Berkshire Hathaway Home Svc NM
List Price
$159,900
Current Estimated Value
$270,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$159,900
Outstanding Balance
$139,479
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$131,017

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 10, 2019
Sold by
Wells Fargo Bank Na
Bought by
Gili Investments Llc
Seller's Agent
Donna Zamora
Home Experts Real Estate
Buyer's Agent
Georgina Gaspar Grajeda
Eyes of the Southwest Realty
List Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
371.71%

Purchase Details

Closed on
Aug 3, 2017
Sold by
Garva Leticia and Garva Leticia B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 18, 2007
Sold by
Vigil Jennifer M
Bought by
Garza Leticia B and Garza Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2000
Sold by
Artistic Homes Inc
Bought by
Vigil Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,499
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2000
Sold by
Big Creek Ltd Partnership
Bought by
Artistic Homes Inc

Purchase Details

Closed on
Apr 11, 2000
Sold by
Curb Inc
Bought by
Big Creek Ltd Partnership
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
Gavina Jamie M -- Fidelity National Ttl Ins Co
Gili Investments Llc -- None Available
Wells Fargo Bank Na -- None Available
Garza Leticia B -- Landamerica Albuquerque Titl
Vigil Jennifer M -- First American Title Co
Artistic Homes Inc -- First American Title Co
Big Creek Ltd Partnership -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavina Jamie M $159,900
Previous Owner Garza Leticia B $106,400
Previous Owner Vigil Jennifer M $83,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold -- -- --
09/13/2019 09/13/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $159,900 +45.5% $134 / Sq Ft
07/17/2019 07/17/19 Sold -- -- -- View Prior Sale
07/01/2019 07/01/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $109,900 -- $96 / 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
2025 $1,796 $43,853 $9,716 $34,137
2024 $1,796 $42,575 $9,433 $33,142
2023 $1,766 $41,335 $9,158 $32,177
2022 $1,707 $40,131 $8,891 $31,240
2021 $1,650 $38,962 $8,632 $30,330
2020 $1,624 $37,862 $8,632 $29,230
2019 $1,505 $35,096 $8,632 $26,464
2018 $1,465 $35,096 $8,632 $26,464
2017 $1,299 $34,396 $8,632 $25,764
2016 $1,262 $29,661 $8,891 $20,770
2015 $28,797 $28,797 $8,632 $20,165
2014 $1,233 $29,030 $8,632 $20,398
2013 -- $29,297 $8,632 $20,665
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Georgina Gaspar Grajeda

    Eyes of the Southwest Realty

    (505) 730-1817

    24 in this area

    75 Total Sales

    Georgina Gaspar Grajeda
    Section Image

  • D

    Seller's Agent in 2019

    Donna Zamora

    Home Experts Real Estate

    (505) 379-2111

    9 in this area

    68 Total Sales

    Donna Zamora
    Section Image

  • T

    Buyer's Agent in 2019

    Tiffany Fanelli

    Berkshire Hathaway Home Svc NM

    (505) 264-5185

    1 in this area

    18 Total Sales

    Tiffany Fanelli
    Section Image
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Map

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

MLS Number: 953104

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-010-055-293230-4-32-10

New Mexico Bernalillo County Albuquerque 87121 Southwest Heights

7501 Rainwater Rd SW, Albuquerque, NM

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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