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1002 Pacific Avenue Southwest

1002 Pacific Avenue Southwest, Albuquerque, NM 87102
House in Barelas
Sold Apr 22, 2020
$124,400
$122,735 by Legacy Mortgage Llc
Mortgage Due May 01, 2050
Local assessors in Albuquerque, NM have categorized 1002 Pacific Avenue Southwest as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 3,311 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1002 Pacific Avenue Southwest has a total of 525 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a flat style roof that was made of tar and gravel. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1002 Pacific Avenue Southwest sold most recently in Apr 22, 2020 for a total of $124,400. If you work out the math, that's approximately a cost of $236.95 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,420 in taxes each year. The initial year of tax delinquency occurred in 2019. 1002 Pacific Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,097. If we break it down further, the land itself was valued at $4,566. Improvements to the property, however, were assessed at a total of $24,531. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Total Building Area: 525
  • Gross Building Area: 525
  • Building Area: 525
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 525
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FE ADD
  • Land Acres: 0.076
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 012SANTA FE ADD W30 FT E55 FT BLK 12

Ownership

  • Current Owner : SANCHEZ EDUARDO
  • Current Owner 2: GARCIA ELISHA
  • Previous Owner : LANSON JASON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 001400

Geography

  • Parcel: 1-013-057-447-064-4-04-04
  • Block: 12
  • Lot: NULL
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0746
  • Longitude: -106.66

    Address

  • Full Address: 1002 Pacific Ave Sw
  • Address - House Number: 1002
  • Street Segment Direction: SW
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C003
  • 4-Digit Zip Code: 4058
  • Zip Code: 87102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,420
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: A1AM

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 221,502
  • High Value: 269,006
  • Low Value: 173,998

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $129,535
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $122,735
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050
  • Second Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Apr 22, 2020
  • Second Open Lien Mortgage Loan Amount: $6,800
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $87,300
  • Market Land Value: $13,700
  • Market Improvement Value: $73,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,097
  • Assessed Land Value: $4,566
  • Assessed Improvements Value: $24,531

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11756770512
  • Current Sale Price: $124,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020035838

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $122,735
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

About Barelas



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Frequently Asked Questions

What neighborhood is 1002 Pacific Avenue Southwest located in?
The 1002 Pacific Avenue Southwest is a house located in the neighborhood of Barelas in Barelas, Albuquerque.
What is the average sales price for listings in 1002 Pacific Avenue Southwest?
The average sales price for units in 1002 Pacific Avenue Southwest is $0 currently.

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