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1517 Terrazas Court Northwest

1517 Terrazas Court Northwest, Los Lunas, NM 87031
Property in Valencia
Sold May 30, 2019
$268,000
$273,745 by Navy Fcu
Mortgage Due Jun 01, 2049
Sold Dec 30, 2016
Transfer
1517 Terrazas Court Northwest has been categorized by the local assessors in Los Lunas, NM as a residential type of property. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1517 Terrazas Court Northwest has 2,805 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 13,504 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. 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, 1517 Terrazas Court Northwest sold most recently in May 30, 2019 for a total of $268,000. If you work out the math, that's approximately a cost of $95.54 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 $2,613 in taxes each year. 1517 Terrazas Court Northwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $88,334. If we break it down further, the land itself was valued at $16,667. Improvements to the property, however, were assessed at a total of $71,667. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 2,805
  • Building Area: 2,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAS TERRAZAS AT FIESTA SUBDIVISION
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUBD LAS TERRAZAS AT FIESTA SUBDIVISION LOT 99 UNIT 1 0.31 ACRE

Ownership

  • Current Owner : MONTANO FRANCISCO S
  • Previous Owner : TWILIGHT HOMES OF NEW MEXICO LLC
  • Owner Before Previous Owner: SIVAGE COMMUNITY DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Lunas Public Schools
  • School Tax School District: LL01
  • Census Tract: 941400

Geography

  • Account Number: R301750
  • Parcel: 1 008 039 454 498 000000
  • Lot: 99
  • Municipality: LOS LUNAS SCHOOL DIST - CITY
  • Latitude: 34.8258
  • Longitude: -106.748

    Address

  • Full Address: 1517 Terrazas Ct
  • Legal Unit: 1
  • Address - House Number: 1517
  • Address - Street Name: Terrazas
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Los Lunas
  • Carrier Code: R022
  • 4-Digit Zip Code: 8927
  • Zip Code: 87031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,613
  • Tax Rate Code Area: LL01

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 76
  • Final Value: 370,723
  • High Value: 438,054
  • Low Value: 303,392

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $273,745
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: May 30, 2019
  • First Open Lien Mortgage Loan Amount: $273,745
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $265,000
  • Market Land Value: $50,000
  • Market Improvement Value: $215,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,334
  • Assessed Land Value: $16,667
  • Assessed Improvements Value: $71,667

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11613102417
  • Current Sale Price: $268,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201905414
  • Previous Sale Recording Date: Dec 30, 2016
  • Previous Sale Contract Date: Dec 28, 2016
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $273,745
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Los Lunas



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Frequently Asked Questions

What neighborhood is 1517 Terrazas Court Northwest located in?
The 1517 Terrazas Court Northwest is a located in the neighborhood of Valencia in Los Lunas, Los Lunas.
What is the average sales price for listings in 1517 Terrazas Court Northwest?
The average sales price for units in 1517 Terrazas Court Northwest is $0 currently.

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