Sold Nov 07, 2005
$130,100
Buyer
Seller
$128,380
by Wells Fargo Bank Na
Mortgage Due Nov 01, 2035
Local assessors in Albuquerque, NM have categorized 2348 Mares Road Southwest as a residential type of property.
The home was built in 1993 and is 31 years old.
The property's lot size has been calculated to be 10,934 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, 3 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 2348 Mares Road Southwest has a total of 1,864 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 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 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, 2348 Mares Road Southwest sold most recently in Oct 28, 2005 for a total of $130,100. If you work out the math, that's approximately a cost of $69.80 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 $1,789 in taxes each year. 2348 Mares Road Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,641. If we break it down further, the land itself was valued at $9,078. Improvements to the property, however, were assessed at a total of $38,563. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
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 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 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, 2348 Mares Road Southwest sold most recently in Oct 28, 2005 for a total of $130,100. If you work out the math, that's approximately a cost of $69.80 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 $1,789 in taxes each year. 2348 Mares Road Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,641. If we break it down further, the land itself was valued at $9,078. Improvements to the property, however, were assessed at a total of $38,563. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
2348 Mares Road Southwest, Albuquerque, NM 87105
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