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2508 Meadow Gate Trail Southwest

2508 Meadow Gate Trail Southwest, Albuquerque, NM 87121
Property in Westgate Heights
Sold Jul 01, 2021
$245,000
$196,000 by Homewise Inc
Mortgage Due Jul 01, 2051
Sold Jul 26, 2011
$150,000
$153,225 by Primary Residential Mortgage I
Mortgage Due Aug 01, 2041
Local assessors in Albuquerque, NM have categorized 2508 Meadow Gate Trail Southwest as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 5,271 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2508 Meadow Gate Trail Southwest has a total of 2,109 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 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 home's a forced air unit is the primary heating source and it is 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, 2508 Meadow Gate Trail Southwest sold most recently in Jun 30, 2021 for a total of $245,000. If you work out the math, that's approximately a cost of $116.17 per sqft. Before that, the property was also sold for $150,000 in Jul 25, 2011. 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 $3,593 in taxes each year. 2508 Meadow Gate Trail Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $84,074. If we break it down further, the land itself was valued at $10,848. Improvements to the property, however, were assessed at a total of $73,226. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Total Building Area: 2,109
  • Gross Building Area: 2,109
  • Building Area: 2,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,109
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAT FOR SUN GATE SUBDIVISION
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LT 47-P1 PLAT FOR SUN GATE SUBDIVISION CONT .1210 AC

Ownership

  • Current Owner : ALVARADO ABEL PEREZ
  • Current Owner 2: MARTEL RAQUEL GARCIA
  • Previous Owner : LANTZ ANTHONY M
  • Previous Owner 2: LANTZ DONNA L
  • Owner Before Previous Owner: SANDERS RYAN THOMAS
  • Owner Before Previous Owner 2: SANDERS SAMANTHA JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004737

Geography

  • Parcel: 1-009-054-078-377-2-17-26
  • Lot: 47-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0399
  • Longitude: -106.743

    Address

  • Full Address: 2508 Meadow Gate Trl Sw
  • Legal Unit: 47-P
  • Address - House Number: 2508
  • Street Segment Direction: SW
  • Address - Street Name: Meadow Gate
  • Address - Suffix Type: Trl
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C024
  • 4-Digit Zip Code: 4246
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,593
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2374
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 311,027
  • High Value: 384,884
  • Low Value: 237,170

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $289,000
  • First Open Lien Mortgage Lender: HOMEWISE INC
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $196,000
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: HOMEWISE, INC.
  • Second Open Lien Mortgage Recording Date: Jul 01, 2021
  • Second Open Lien Mortgage Loan Amount: $46,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Third Open Lien Mortgage Lender: HOMEWISE INC
  • Third Open Lien Mortgage Recording Date: Jul 01, 2021
  • Third Open Lien Mortgage Loan Amount: $46,500
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Third Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $252,247
  • Market Land Value: $32,548
  • Market Improvement Value: $219,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,074
  • Assessed Land Value: $10,848
  • Assessed Improvements Value: $73,226

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11842061594
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021078015
  • Previous Sale Recording Date: Jul 26, 2011
  • Previous Sale Contract Date: Jul 25, 2011
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEWISE INC
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051
  • Second Mortgage Lender: HOMEWISE, INC.
  • Second Mortgage Transaction Date: Jul 01, 2021
  • Second Mortgage Loan Amount: $46,500

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Jul 26, 2011
  • Previous Mortgage Loan Amount: $153,225
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Aug 01, 2041

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Frequently Asked Questions

What neighborhood is 2508 Meadow Gate Trail Southwest located in?
The 2508 Meadow Gate Trail Southwest is a located in the neighborhood of Westgate Heights in Westgate Heights, Albuquerque.
What is the average sales price for listings in 2508 Meadow Gate Trail Southwest?
The average sales price for units in 2508 Meadow Gate Trail Southwest is $0 currently.

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