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2508 Summer Sage Drive Southwest

2508 Summer Sage Drive Southwest, Albuquerque, NM 87121
Property in Westgate Heights
Sold Aug 09, 2006
$158,800
$127,000 by Bank Of America Na
Mortgage Due Sep 01, 2036
Sold Dec 11, 2002
$85,400
$84,295 by Wells Fargo Home Mtg Inc
Mortgage Due Jan 01, 2033
2508 Summer Sage Drive Southwest has been categorized by the local assessors in Albuquerque, NM as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2508 Summer Sage Drive Southwest has 1,045 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,619 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 8, 2006 for $158,800. That's $151.96 per sqft. Prior to that sales transaction, the property was also sold in Dec 10, 2002 for $85,400. 2508 Summer Sage Drive Southwest was last assessed in 2023. The total value of the property was assessed at $36,223. Specifically, the land the property is located on was valued at $12,243. While improvements on the property were assessed at a total of $23,980. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,462. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,619
  • Total Building Area: 1,045
  • Gross Building Area: 1,045
  • Building Area: 1,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,045
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EL RANCHO GRANDE I
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 39-P1 BLK 13 PLAT FOR EL RANCHO GRANDE I UNIT 4B SUBDIVISION CONT .1287 AC

Ownership

  • Current Owner : CHAVEZ STEVEN
  • Current Owner 2: CHAVEZ VERONICA
  • Previous Owner : CASTILLO MARIA J
  • Previous Owner 2: CASTILLO SERGIO
  • Owner Before Previous Owner: ARTISTIC HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004733

Geography

  • Parcel: 1-009-054-527-365-1-04-05
  • Block: 13
  • Lot: 39-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0401
  • Longitude: -106.728

    Address

  • Full Address: 2508 Summer Sage Dr Sw
  • Legal Unit: 39-P
  • Address - House Number: 2508
  • Street Segment Direction: SW
  • Address - Street Name: Summer Sage
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C022
  • 4-Digit Zip Code: 8747
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,462
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 218,719
  • High Value: 261,886
  • Low Value: 175,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 09, 2006
  • First Open Lien Mortgage Loan Amount: $127,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $108,680
  • Market Land Value: $36,732
  • Market Improvement Value: $71,948

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,223
  • Assessed Land Value: $12,243
  • Assessed Improvements Value: $23,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 08, 2006
  • Current Sale Recording Date: Aug 09, 2006
  • Current Sale Transaction ID: 1193053058
  • Current Sale Price: $158,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006119899
  • Previous Sale Recording Date: Dec 11, 2002
  • Previous Sale Contract Date: Dec 10, 2002
  • Previous Sale Amount: $85,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 09, 2006
  • First Mortgage Loan Amount: $127,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Dec 11, 2002
  • Previous Mortgage Loan Amount: $84,295
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2033

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Frequently Asked Questions

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

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