1217 Lafayette Drive Northeast
1217 Lafayette Drive Northeast, Albuquerque, NM 87106
Property
in
Summit Park
Sold Jan 28, 2004
$164,000
Buyer
Seller
$131,200
by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2034
1217 Lafayette Drive Northeast 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 1949 and is 75 years old.
The home has a total of 2 bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 1217 Lafayette Drive Northeast has 936 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
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. The building has a flat style roof made of tar and gravel. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heating system and 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, 1217 Lafayette Drive Northeast sold most recently in Jan 26, 2004 for a total of $164,000. If you work out the math, that's approximately a cost of $175.21 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 $2,281 in taxes each year. 1217 Lafayette Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,378. If we break it down further, the land itself was valued at $20,396. Improvements to the property, however, were assessed at a total of $32,982. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a flat style roof made of tar and gravel. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heating system and 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, 1217 Lafayette Drive Northeast sold most recently in Jan 26, 2004 for a total of $164,000. If you work out the math, that's approximately a cost of $175.21 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 $2,281 in taxes each year. 1217 Lafayette Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,378. If we break it down further, the land itself was valued at $20,396. Improvements to the property, however, were assessed at a total of $32,982. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.
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