NOT LISTED FOR SALE

Estimated Value: $1,258,000 - $1,475,000

1.07 Acres
$1,284,737 Price per Acre
46,609 Sq Ft Lot

Last Sold July 17, 2018

Current estimated payment $8,011/month

479 Days on Market

Highlights

  • 1.07 Acre Lot
  • Views
  • Level Lot
  • North Star Elementary School Rated A-
  • Gated Home

About This Lot

As of July 2018

AMAZING location in one of Albuquerque's most prestigious areas, offering some of the most STUNNING views in Albuquerque. Seller had plans to start the build a 5,000 sq. ft. home. Create you're very own DREAM HOME...Incredible city views and backs up to the Sandia Pueblo Reservation. Great proximity to to schools (North star Elementary, Desert Ridge Middle School and La Cueva High School), Shopping and access to freeways and main roadways! Unbelievable opportunity to build with little over one acre lot just off of Elena Drive in a gated community that only offers 4 lots for homes. Two already constructed! No power lines, all underground electric, cable, phone and natural gas at line and shared well. Septic is all you need. Call listing broker for appt.

Last Agent to Sell the Property

Barbara Wade

Realty One of New Mexico License #44410 Listed on: 03/09/2017

Realty One of New Mexico

Last Buyer's Agent

Barbara Wade

Realty One of New Mexico License #44410 Listed on: 03/09/2017

Realty One of New Mexico

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,360

Lot Details

  • 1.07 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot
  • Zoning described as A-1

Utilities

  • Shared Well
  • Cable TV Available

Additional Features

  • Property Views

Community Details

  • Subdivision Of Lands Of Paramount Estates

Listing and Financial Details

  • Assessor Parcel Number 102006524325220129

Property Details

Property Type

Land

Est. Annual Taxes

$1,360

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: I-25 and Paseo del Norte. East on Paseo del Norte to Ventura, North onto Ventura, to the end at Elena, left on Elena, turn right onto Paramount through the gates. Lot is on the southeast side of the gate.
  • Lot Size Acres: 1.07
  • Subdivision Name: SUBDIVISION OF LANDS OF PARAMOUNT ESTATES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Residential

Exterior Features

  • Fencing: Gate, Partial
  • Lot Features: Views, Stream/Creek
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Shared Well

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Agricultural
  • Lot Size Sq Ft: 46609.0
  • Parcel #: 102006524325220129
  • Zoning Description: A-1

Tax Info

  • Tax Annual Amount: 1360.0
  • Tax Block: na
  • Tax Lot: na
  • Tax Tract: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2018
Sold by
Stroud Revocable Trust
Bought by
King Teresa A
Current Estimated Value
$1,374,669

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jul 17, 2018
Sold by
Chung Christina K
Bought by
Stroud John M and Stroud Melissa J
Seller's Agent
Barbara Wade
Realty One of New Mexico
Buyer's Agent
Barbara Wade
Realty One of New Mexico
List Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.04%

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 16, 2015
Sold by
Mazzarella David L
Bought by
Chung Christina
Seller's Agent
Paul Chavez
Q Realty
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.33%
Original Mortgage
$350,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 15, 2015
Sold by
Mazzarella David L
Bought by
Chung Christina
Seller's Agent
Paul Chavez
Q Realty
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 29, 2006
Sold by
Chavez Paul and Denardis Anthony
Bought by
Mazzarella David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
King Teresa A -- None Listed On Document
Stroud John M -- First American Title Ins Co
Chung Chirstina K -- First American Title Ins Co
Chung Christina -- Fidelity Natl Title Ins Co
Chung Christina $380,000 None Available
Mazzarella David L -- Rio Grande Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Christina $350,000
Previous Owner Mazzarella David L $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2018 07/17/18 Sold -- -- --
07/01/2018 07/01/18 Pending -- -- --
03/09/2017 03/09/17 For Sale $389,000 -2.8% --
12/17/2015 12/17/15 Sold -- -- -- View Prior Sale
11/20/2015 11/20/15 Pending -- -- --
09/23/2014 09/23/14 For Sale $400,000 -- --
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 $9,795 $327,027 $46,277 $280,750
2024 $9,795 $317,502 $44,929 $272,573
2023 $9,930 $317,502 $44,929 $272,573
2022 $11,007 $353,392 $41,642 $311,750
2021 $11,019 $353,392 $41,642 $311,750
2020 $10,842 $343,099 $40,429 $302,670
2019 $1,361 $37,330 $37,330 $0
2018 $1,215 $37,330 $37,330 $0
2017 $1,215 $37,330 $37,330 $0
2016 $1,360 $37,330 $37,330 $0
2015 $37,330 $37,330 $37,330 $0
2014 $1,335 $37,330 $37,330 $0
2013 -- $37,330 $37,330 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 886273

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-020-065-243252-2-01-29