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219 Cornell Drive Southeast

219 Cornell Drive Southeast, Albuquerque, NM 87106
Sold Oct 01, 2012
$187,500
$150,000 by New Mexico Bank & Trust
Mortgage Due Oct 01, 2042
Sold Jul 18, 2005
$170,000
$136,000 by New Century Mortgage Corp
Mortgage Due Aug 01, 2035
Local assessors in Albuquerque, NM have categorized 219 Cornell Drive Southeast as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 7,100 square feet. 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.

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 home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The building has a roof that is made of shingle (not wood). While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source and it is being fueled with 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, 219 Cornell Drive Southeast was last sold in Sep 28, 2012 for $187,500. According to our calculations, that's $144.56 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Jul 12, 2005. Current property owners are expected to pay $4,119 in taxes per year. The property on 219 Cornell Drive Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $96,379. To break that down further, the land itself was valued at $22,260. While improvements to the property were assessed at a total of $74,119. 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: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Fair
  • Interior Walls Type: Plaster
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,297
  • Gross Building Area: 1,297
  • Building Area: 1,297
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HTS ADD
  • Land Acres: 0.163
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: * 015 007UNIVERSITY HTS ADD

Ownership

  • Current Owner : JACOBSEN JOEL K
  • Current Owner 2: BEAUCHMAN CARLA R
  • Previous Owner : ALARID MICHAEL
  • Owner Before Previous Owner: ALARID MICHAEL
  • Owner Before Previous Owner 2: ALARID BARBARA

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 001702

Geography

  • Parcel: 1-016-057-063-183-3-20-04
  • Block: 7
  • Lot: 15
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0778
  • Longitude: -106.62

    Address

  • Full Address: 219 Cornell Dr Se
  • Legal Unit: 15
  • Address - House Number: 219
  • Street Segment Direction: SE
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C023
  • 4-Digit Zip Code: 3510
  • Zip Code: 87106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,119
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.4292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 284,836
  • High Value: 407,105
  • Low Value: 162,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: NEW MEXICO BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 01, 2012
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $289,168
  • Market Land Value: $66,788
  • Market Improvement Value: $222,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,379
  • Assessed Land Value: $22,260
  • Assessed Improvements Value: $74,119

    Sales

  • Current Sale Contract Date: Sep 28, 2012
  • Current Sale Recording Date: Oct 01, 2012
  • Current Sale Transaction ID: 1192939155
  • Current Sale Price: $187,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012102328
  • Previous Sale Recording Date: Jul 18, 2005
  • Previous Sale Contract Date: Jul 12, 2005
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW MEXICO BANK & TRUST
  • First Mortgage Transaction Date: Oct 01, 2012
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 18, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $136,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About University Heights



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Frequently Asked Questions

What neighborhood is 219 Cornell Drive Southeast located in?
The 219 Cornell Drive Southeast is a located in the neighborhood of University Heights in University Heights, Albuquerque.
What is the average sales price for listings in 219 Cornell Drive Southeast?
The average sales price for units in 219 Cornell Drive Southeast is $0 currently.

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