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1521 Wells Drive Northeast

1521 Wells Drive Northeast, Albuquerque, NM 87112
Property in Embudo Canyon
Sold Oct 01, 2004
$231,300
$185,000 by Accessbank
Mortgage Due Oct 01, 2024
Sold Feb 10, 1999
$300,000
$240,000 by First Security Bk
Mortgage Due Mar 01, 2014
1521 Wells Drive Northeast in Albuquerque, NM was first built in 1988 and is 36 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1521 Wells Drive Northeast has 5,157 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 31,200 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 9,365 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for 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, 1521 Wells Drive Northeast was last sold in Sep 30, 2004 for $231,300. According to our calculations, that's $44.85 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Feb 5, 1999. Current property owners are expected to pay $6,082 in taxes per year. The property on 1521 Wells Drive Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $144,330. To break that down further, the land itself was valued at $20,372. While improvements to the property were assessed at a total of $123,958. 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. 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.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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 31,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,365
  • Total Building Area: 5,157
  • Gross Building Area: 2,702
  • Building Area: 5,157
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,157
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REBONITO SUB
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: * 012 012REBONITO SUB

Ownership

  • Current Owner : SMITH ERIC A
  • Current Owner 2: SMITH ROSELYN N
  • Previous Owner : PATEL JAYANTILAL N
  • Previous Owner 2: PATEL MANJULA J
  • Owner Before Previous Owner: PATEL JAYANTILAL N
  • Owner Before Previous Owner 2: PATEL MANJULA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000125

Geography

  • Parcel: 1-023-058-240-354-2-05-05
  • Block: 12
  • Lot: 12
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0959
  • Longitude: -106.489

    Address

  • Full Address: 1521 Wells Dr Ne
  • Legal Unit: 12
  • Address - House Number: 1521
  • Street Segment Direction: NE
  • Address - Street Name: Wells
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C007
  • 4-Digit Zip Code: 6384
  • Zip Code: 87112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,082
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 533,066
  • High Value: 637,119
  • Low Value: 429,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,000
  • First Open Lien Mortgage Lender: ACCESSBANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2004
  • First Open Lien Mortgage Loan Amount: $185,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2024

    Market Valuation

  • Market Total Value: $433,033
  • Market Land Value: $61,122
  • Market Improvement Value: $371,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,330
  • Assessed Land Value: $20,372
  • Assessed Improvements Value: $123,958

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2004
  • Current Sale Recording Date: Oct 01, 2004
  • Current Sale Transaction ID: 1120176711
  • Current Sale Price: $231,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004139080
  • Previous Sale Recording Date: Feb 10, 1999
  • Previous Sale Contract Date: Feb 05, 1999
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: ACCESSBANK
  • First Mortgage Transaction Date: Oct 01, 2004
  • First Mortgage Loan Amount: $185,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SECURITY BK
  • Previous Mortgage Transaction Date: Feb 10, 1999
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: Mar 01, 2014

About Embudo Canyon



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Frequently Asked Questions

What neighborhood is 1521 Wells Drive Northeast located in?
The 1521 Wells Drive Northeast is a located in the neighborhood of Embudo Canyon in Embudo Canyon, Albuquerque.
What is the average sales price for listings in 1521 Wells Drive Northeast?
The average sales price for units in 1521 Wells Drive Northeast is $0 currently.

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