NOT LISTED FOR SALE

8720 Madre Ave NE Albuquerque, NM 87111

Academy Hills Park Neighborhood

Estimated Value: $614,000 - $712,000

5 Beds
3 Baths
3,043 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 11, 2023

Current estimated payment $4,144/month

14 Days on Market

Highlights

  • 1 Fireplace
  • Separate Formal Living Room
  • 3 Car Attached Garage
  • Osuna Elementary School Rated A-
  • Private Yard
  • 3-minute walk to La Paloma Park

About This Home

As of May 2023

Nestled in the highly sought-after Canyon Run Neighborhood, this stunning Inman Home is a true gem that will take your breath away. With over 3,000 square feet of living space, this magnificent two-story home offers five spacious bedrooms and three full baths. As you step inside, you'll be greeted by an open floor plan that flows seamlessly from room to room with ease. The first bedroom/bathroom can be found downstairs along with two separate living rooms. Step through the sliding glass door to find yourself in an easy-to-maintain backyard oasis. Upstairs, find four more bedrooms/bathrooms offering ample space and privacy for everyone in your household. This property has endless potential to become your dream home; Don't miss out on this rare opportunity! Come see why this home is truly

Last Agent to Sell the Property

Jason Fitak

Full House Real Estate,LLC License #15283 Listed on: 03/24/2023

Co-Listed By

Janet McDavid-Fitak

Full House Real Estate,LLC License #51176

Last Buyer's Agent

Venturi Realty Group

Real Broker

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Private Yard
  • Lawn
  • Zoning described as R-1B*

Parking

  • 3 Car Attached Garage
  • Dry Walled Garage

Home Design

  • Frame Construction
  • Pitched Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,043 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • 1 Fireplace
  • Single Hung Metal Windows
  • Separate Formal Living Room
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup

Kitchen

  • Built-In Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Garden Bath
  • Separate Shower

Schools

  • Osuna Elementary School
  • Madison Middle School
  • Sandia High School

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Multiple Heating Units
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Natural Gas Connected

Community Details

  • Built by Inman

Listing and Financial Details

  • Assessor Parcel Number 102006223402930629

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,528

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: East on Academy from Wyoming, South on Moon, East on Canyon Run, South on Canyon Creek, continue on Canyon Creek as it turns into Madre.
  • Listing Contract Date: 2023-03-20
  • Year Built: 1985
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: FCRE01
  • Co List Office Phone: (505) 244-1918
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Range Hood
  • Interior Amenities: Wet Bar, Bathtub, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Garden Tub/Roman Tub, Multiple Living Areas, Soaking Tub, Separate Shower, Sunken Living Room, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Pellet Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3043.0
  • Window Features: Metal
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched, Tile
  • Fencing: Wall
  • Lot Features: Lawn, Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Inman
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 3.0
  • Attached Garage: Yes
  • Parking Features: Attached, Finished Garage, Garage

Utilities

  • Cooling: Evaporative Cooling, 2 Units
  • Electric: None
  • Heating: Central, Forced Air, Multiple Heating Units
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Osuna
  • High School: Sandia
  • Middle Or Junior School: Madison

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 102006223402930629
  • Zoning Description: R-1B*

Tax Info

  • Tax Annual Amount: 4527.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 11, 2023
Sold by
Loescher Douglas H
Bought by
Royo Eric and Royo Juliana
Seller's Agent
Jason Fitak
Full House Real Estate,LLC
Buyer's Agent
Venturi Realty Group
Real Broker
List Price
$549,900
Views
51
Current Estimated Value
$670,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$330,000
Outstanding Balance
$320,706
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$349,740

Purchase Details

Closed on
Jan 28, 2003
Sold by
Rahal Leo James and Rahal Hashmiyeh E H
Bought by
Loescher Douglas H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.96%

Purchase Details

Closed on
Mar 23, 1999
Sold by
Rahal Leo and Rahal Hashmiyeh
Bought by
Rahal Leo James and Rahal Hashmiyeh E H
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
Royo Eric -- Centric Title
Loescher Douglas H -- First American Title Ins Co
Rahal Leo James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royo Eric $330,000
Previous Owner Loescher Douglas H $218,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold -- -- --
04/08/2023 04/08/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $549,900 -- $181 / 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 $7,068 $167,516 $37,196 $130,320
2023 $4,688 $111,708 $20,401 $91,307
2022 $4,528 $108,455 $19,807 $88,648
2021 $4,373 $105,296 $19,230 $86,066
2020 $4,299 $102,229 $18,670 $83,559
2019 $4,171 $99,253 $18,127 $81,126
2018 $4,020 $99,253 $18,127 $81,126
2017 $3,894 $96,362 $17,599 $78,763
2016 $3,779 $90,831 $16,589 $74,242
2015 $88,186 $88,186 $16,106 $72,080
2014 $3,551 $85,618 $15,637 $69,981
2013 -- $83,125 $15,182 $67,943
Source: Public Records

Agents Affiliated with this Home

  • Jason Fitak

    Seller's Agent in 2023

    Jason Fitak

    Full House Real Estate,LLC

    (505) 263-1971

    1 in this area

    59 Total Sales

    Jason Fitak
    Section Image
  • Janet McDavid-Fitak

    Seller Co-Listing Agent in 2023

    Janet McDavid-Fitak

    Full House Real Estate,LLC

    (505) 244-1918

    1 in this area

    50 Total Sales

    Janet McDavid-Fitak
    Section Image
  • Venturi Realty Group

    Buyer's Agent in 2023

    Venturi Realty Group

    Real Broker

    (505) 448-8888

    19 in this area

    1,103 Total Sales

    Venturi Realty Group
    Section Image
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Map

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

MLS Number: 1031537

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-020-062-234029-3-06-29

New Mexico Bernalillo County Albuquerque 87111 Academy Hills Park

8720 Madre Ave NE, Albuquerque, NM

This home is located at 8720 Madre Ave NE, Albuquerque, NM 87111 since 24 March 2023 and is currently estimated at $670,446, approximately $220 per square foot. This property was built in 1985. 8720 Madre Ave NE is a home located in Bernalillo County with nearby schools including Osuna Elementary School, Madison Middle School, and Sandia 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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