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1008 Madeira Drive Southeast

1008 Madeira Drive Southeast, Albuquerque, NM 87108
Property in South San Pedro
Sold Nov 02, 2017
$193,600
$154,875 by Legacy Mortgage Llc
Mortgage Due Dec 01, 2047
Sold Nov 02, 2017
Transfer
1008 Madeira Drive Southeast has been categorized by the local assessors in Albuquerque, NM as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 16 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 8,102 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. The roof of the building is made of shingle (not wood). While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1008 Madeira Drive Southeast sold most recently in Oct 31, 2017 for a total of $193,600. If you work out the math, that's approximately a cost of $93.53 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 $2,115 in taxes each year. 1008 Madeira Drive Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,494. If we break it down further, the land itself was valued at $8,740. Improvements to the property, however, were assessed at a total of $40,754. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,102
  • Total Building Area: 2,070
  • Gross Building Area: 2,070
  • Building Area: 2,070
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PL ADD
  • Land Acres: 0.186
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: * 003 003VIRGINIA PL ADDN

Ownership

  • Current Owner : ADAMS JOSEPH P
  • Current Owner 2: CALLAN DANELLE C
  • Previous Owner : ADAMS JOSEPH P
  • Previous Owner 2: CALLAN DANELLE C
  • Owner Before Previous Owner: HK MADEIRA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000906

Geography

  • Parcel: 1-018-056-075-248-3-22-14
  • Block: 3
  • Lot: 3
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0651
  • Longitude: -106.584

    Address

  • Full Address: 1008 Madeira Dr Se
  • Legal Unit: 3
  • Address - House Number: 1008
  • Street Segment Direction: SE
  • Address - Street Name: Madeira
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C031
  • 4-Digit Zip Code: 4881
  • Zip Code: 87108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,115
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.4292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 177,400
  • High Value: 253,551
  • Low Value: 101,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $154,875
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 02, 2017
  • First Open Lien Mortgage Loan Amount: $154,875
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2047

    Market Valuation

  • Market Total Value: $148,499
  • Market Land Value: $26,224
  • Market Improvement Value: $122,275

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,494
  • Assessed Land Value: $8,740
  • Assessed Improvements Value: $40,754

    Sales

  • Current Sale Contract Date: Oct 31, 2017
  • Current Sale Recording Date: Nov 02, 2017
  • Current Sale Transaction ID: 11295910119
  • Current Sale Price: $193,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017105498
  • Previous Sale Recording Date: Nov 02, 2017
  • Previous Sale Contract Date: Nov 01, 2017
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 02, 2017
  • First Mortgage Loan Amount: $154,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

About South San Pedro



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Frequently Asked Questions

What neighborhood is 1008 Madeira Drive Southeast located in?
The 1008 Madeira Drive Southeast is a located in the neighborhood of South San Pedro in South San Pedro, Albuquerque.
What is the average sales price for listings in 1008 Madeira Drive Southeast?
The average sales price for units in 1008 Madeira Drive Southeast is $0 currently.

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