7708 Rainwater Rd SW Albuquerque, NM 87121
Southwest Heights NeighborhoodEstimated Value: $277,000 - $301,000
4
Beds
2
Baths
1,553
Sq Ft
$187/Sq Ft
Est. Value
About This Home
This home is located at 7708 Rainwater Rd SW, Albuquerque, NM 87121 and is currently estimated at $290,707, approximately $187 per square foot. 7708 Rainwater Rd SW is a home located in Bernalillo County with nearby schools including Maryann Binford Elementary School, Truman Middle School, and Rio Grande High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 30, 2008
Sold by
Federal National Mortgage Association
Bought by
Torres Leticia Alvarez
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$85,259
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,448
Purchase Details
Closed on
Nov 6, 2007
Sold by
Hackett Terry
Bought by
Indymac Bank Fsb
Purchase Details
Closed on
Oct 8, 2007
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 26, 2006
Sold by
Saavedra Ambrosia V
Bought by
Hackett Terry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2000
Sold by
Artistic Homes Inc
Bought by
Saavedra Ambrosia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,079
Interest Rate
8.19%
Purchase Details
Closed on
Apr 13, 2000
Sold by
Big Creek Ltd Partnership
Bought by
Artistic Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,079
Interest Rate
8.19%
Purchase Details
Closed on
Apr 11, 2000
Sold by
Curb Inc
Bought by
Big Creek Ltd Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,079
Interest Rate
8.19%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Leticia Alvarez | -- | Fidelity Natl Title Ins Co | |
| Indymac Bank Fsb | $133,530 | First American Title Ins Co | |
| Federal National Mortgage Association | -- | First American Title Ins Co | |
| Hackett Terry | -- | Landamerica Nm Title Co | |
| Saavedra Ambrosia | -- | 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 | Torres Leticia Alvarez | $130,000 | |
| Previous Owner | Hackett Terry | $119,600 | |
| Previous Owner | Saavedra Ambrosia | $95,079 | |
| Closed | Saavedra Ambrosia | $2,664 |
Source: Public Records
Tax History Compared to Growth
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 | $1,958 | $47,791 | $13,884 | $33,907 |
| 2024 | $1,958 | $46,399 | $13,480 | $32,919 |
| 2023 | $1,925 | $45,047 | $13,087 | $31,960 |
| 2022 | $1,860 | $43,736 | $12,706 | $31,030 |
| 2021 | $1,798 | $42,462 | $12,336 | $30,126 |
| 2020 | $1,768 | $41,226 | $11,977 | $29,249 |
| 2019 | $1,716 | $40,026 | $11,629 | $28,397 |
| 2018 | $1,655 | $40,026 | $11,629 | $28,397 |
| 2017 | $1,604 | $38,860 | $11,290 | $27,570 |
| 2016 | $1,558 | $36,630 | $10,642 | $25,988 |
| 2015 | $35,563 | $35,563 | $10,332 | $25,231 |
| 2014 | $1,523 | $35,863 | $10,332 | $25,531 |
| 2013 | -- | $36,196 | $10,332 | $25,864 |
Source: Public Records
Map
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