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1508 Bowe Lane Southwest

1508 Bowe Lane Southwest, Albuquerque, NM 87105
Sold Jun 19, 2019
$188,100
$185,576 by Cmg Mortgage Inc
Mortgage Due Jul 01, 2049
Local assessors in Albuquerque, NM have categorized 1508 Bowe Lane Southwest as a residential type of property. The home was built in 1961 and is 63 years old. The property's lot size has been calculated to be 5,009 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1508 Bowe Lane Southwest has a total of 1,922 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 roof that is made of asphalt. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home has been utilizing gas for fuel. 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, 1508 Bowe Lane Southwest sold most recently in Jun 19, 2019 for a total of $188,100. If you work out the math, that's approximately a cost of $97.87 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 $2,044 in taxes each year. 1508 Bowe Lane Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $54,448. If we break it down further, the land itself was valued at $7,539. Improvements to the property, however, were assessed at a total of $46,909. 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

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,922
  • Gross Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,922
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOWE ADD A SUBD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: * 032 BOWE ADD A SUBD

Ownership

  • Current Owner : SANCHEZ MONICA
  • Previous Owner : DURAN MARY JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004300

Geography

  • Parcel: 1-012-056-477-055-4-05-14
  • Lot: 32
  • Municipality: UNINCORPORATED
  • Latitude: 35.0598
  • Longitude: -106.676

    Address

  • Full Address: 1508 Bowe Ln Sw
  • Legal Unit: 32
  • Address - House Number: 1508
  • Street Segment Direction: SW
  • Address - Street Name: Bowe
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C007
  • 4-Digit Zip Code: 3702
  • Zip Code: 87105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,044
  • Tax Rate Code Area: X1AM

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 321,159
  • High Value: 389,729
  • Low Value: 252,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,576
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 19, 2019
  • First Open Lien Mortgage Loan Amount: $185,576
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $163,360
  • Market Land Value: $22,618
  • Market Improvement Value: $140,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,448
  • Assessed Land Value: $7,539
  • Assessed Improvements Value: $46,909

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Transaction ID: 11618329208
  • Current Sale Price: $188,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019051031

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jun 19, 2019
  • First Mortgage Loan Amount: $185,576
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 1508 Bowe Lane Southwest located in?
The 1508 Bowe Lane Southwest is a house located in the neighborhood of Las Glorietas in Las Glorietas, Albuquerque.
What is the average sales price for listings in 1508 Bowe Lane Southwest?
The average sales price for units in 1508 Bowe Lane Southwest is $0 currently.

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