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13315 Rachel Road Southeast

13315 Rachel Road Southeast, Albuquerque, NM 87123
Property in Singing Arrow
Sold Jun 08, 2017
$185,500
Buyer
Seller
$148,400 by Lakeview Loan Servicing Llc
Mortgage Due Jun 01, 2032
Sold May 04, 2015
$189,800
$151,875 by Plaza Home Mortgage Inc
Mortgage Due Jun 01, 2045
13315 Rachel Road 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 1996 and is 28 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 13315 Rachel Road Southeast has 1,401 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 7,231 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 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, the home is utilizing gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 13315 Rachel Road Southeast was last sold in May 22, 2017 for $185,500. According to our calculations, that's $132.41 per sqft. Prior to that sales transaction, the property was sold for $189,800 in May 1, 2015. Current property owners are expected to pay $3,228 in taxes per year. The property on 13315 Rachel Road Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,545. To break that down further, the land itself was valued at $20,330. While improvements to the property were assessed at a total of $55,215. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,231
  • Total Building Area: 1,401
  • Gross Building Area: 1,401
  • Building Area: 1,401
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,401
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOS CABALLEROS ESTATES
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 5 OF LTS 1 - 36 LOS CABALLEROS ESTATES (BEING A REPL OF LTS 1- 6 BLK 5 & LTS 1- 15 BLK 6 CANADA VILLAGE SECOND UNIT & VAC

Ownership

  • Current Owner : PATEL NITA
  • Previous Owner : KUMAR ARUN
  • Owner Before Previous Owner: SCOTT SHAREE
  • Owner Before Previous Owner 2: SCOTT ROBERT W

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000713

Geography

  • Parcel: 1-023-056-007-258-2-01-01
  • Block: 5-6
  • Lot: 1-36
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0645
  • Longitude: -106.497

    Address

  • Full Address: 13315 Rachel Rd Se
  • Legal Unit: 5
  • Address - House Number: 13315
  • Street Segment Direction: SE
  • Address - Street Name: Rachel
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R015
  • 4-Digit Zip Code: 5632
  • Zip Code: 87123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,228
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 334,331
  • High Value: 403,420
  • Low Value: 265,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,400
  • First Open Lien Mortgage Lender: LAKEVIEW LOAN SERVICING LLC
  • First Open Lien Mortgage Recording Date: Jun 08, 2017
  • First Open Lien Mortgage Loan Amount: $148,400
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2032

    Market Valuation

  • Market Total Value: $226,659
  • Market Land Value: $60,997
  • Market Improvement Value: $165,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,545
  • Assessed Land Value: $20,330
  • Assessed Improvements Value: $55,215

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: Jun 08, 2017
  • Current Sale Transaction ID: 1588790642
  • Current Sale Price: $185,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017055560
  • Previous Sale Recording Date: May 04, 2015
  • Previous Sale Contract Date: May 01, 2015
  • Previous Sale Amount: $189,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKEVIEW LOAN SERVICING LLC
  • First Mortgage Transaction Date: Jun 08, 2017
  • First Mortgage Loan Amount: $148,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: May 04, 2015
  • Previous Mortgage Loan Amount: $151,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Singing Arrow



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Frequently Asked Questions

What neighborhood is 13315 Rachel Road Southeast located in?
The 13315 Rachel Road Southeast is a located in the neighborhood of Singing Arrow in Singing Arrow, Albuquerque.
What is the average sales price for listings in 13315 Rachel Road Southeast?
The average sales price for units in 13315 Rachel Road Southeast is $0 currently.

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