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232 Cannon Road Southwest

232 Cannon Road Southwest, Albuquerque, NM 87105
Property in Fairhaven
Sold Mar 28, 2016
$94,500
$75,600 by Bokf Na
Mortgage Due Apr 01, 2046
Sold Jun 06, 2005
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Buyer
Seller
232 Cannon Road Southwest in Albuquerque, NM was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C-. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heating system and being fueled with gas. 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, 232 Cannon Road Southwest sold most recently in Mar 23, 2016 for a total of $94,500. If you work out the math, that's approximately a cost of $86.22 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 $1,536 in taxes each year. 232 Cannon Road Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $40,910. If we break it down further, the land itself was valued at $8,675. Improvements to the property, however, were assessed at a total of $32,235. 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. 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.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

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C-
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,096
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • 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: HARTLINE ADDITION
  • Land Acres: 0.18
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: MAP 41 TR 430 A1 A1 B

Ownership

  • Current Owner : LERMA HECTOR
  • Previous Owner : MOYA QUINTANA JESUS M
  • Owner Before Previous Owner: PAVIA JUANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 002303

Geography

  • Parcel: 1-013-056-140-437-2-14-11
  • Municipality: UNINCORPORATED
  • Latitude: 35.0704
  • Longitude: -106.67

    Address

  • Full Address: 232 Cannon Rd Sw
  • Address - House Number: 232
  • Street Segment Direction: SW
  • Address - Street Name: Cannon
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C007
  • 4-Digit Zip Code: 2972
  • Zip Code: 87105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,536
  • Tax Rate Code Area: X1AM

    Appraisal Valuation

  • Standard Deviation: 0.4292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 157,728
  • High Value: 225,434
  • Low Value: 90,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,600
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Mar 28, 2016
  • First Open Lien Mortgage Loan Amount: $75,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $122,742
  • Market Land Value: $26,028
  • Market Improvement Value: $96,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,910
  • Assessed Land Value: $8,675
  • Assessed Improvements Value: $32,235

    Sales

  • Current Sale Contract Date: Mar 23, 2016
  • Current Sale Recording Date: Mar 28, 2016
  • Current Sale Transaction ID: 1637688403
  • Current Sale Price: $94,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016027816
  • Previous Sale Recording Date: Jun 06, 2005
  • Previous Sale Contract Date: Oct 07, 2003
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Mar 28, 2016
  • First Mortgage Loan Amount: $75,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 232 Cannon Road Southwest located in?
The 232 Cannon Road Southwest is a located in the neighborhood of Fairhaven in Fairhaven, Albuquerque.
What is the average sales price for listings in 232 Cannon Road Southwest?
The average sales price for units in 232 Cannon Road Southwest is $0 currently.

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