Check Availability

3120 Valencia Drive Northeast

3120 Valencia Drive Northeast, Albuquerque, NM 87110
Property in Kiva
Sold Apr 08, 2021
$345,600
$276,450 by Legacy Mortgage Llc
Mortgage Due May 01, 2051
Sold Dec 29, 2020
$192,000
$192,000 by None Available
Mortgage
3120 Valencia Drive Northeast in Albuquerque, NM was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3120 Valencia Drive Northeast has 1,845 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of tar and gravel. 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 condition of the building has been evaluated as fair. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Apr 6, 2021 for $345,600. That's $187.32 per sqft. Prior to that sales transaction, the property was also sold in Dec 22, 2020 for $192,000. 3120 Valencia Drive Northeast was last assessed in 2023. The total value of the property was assessed at $82,906. Specifically, the land the property is located on was valued at $10,745. While improvements on the property were assessed at a total of $72,161. 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 $3,457. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,845
  • Gross Building Area: 1,845
  • Building Area: 1,845
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,845
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KIVA ADDITION
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: * 005 010KIVA ADDN

Ownership

  • Current Owner : ARMES HEATHER
  • Previous Owner : GREEN LEAF BUILDERS LLC
  • Owner Before Previous Owner: STRATEGIC CAPITAL PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000206

Geography

  • Parcel: 1-018-060-194-060-3-10-24
  • Block: 10
  • Lot: 5
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1181
  • Longitude: -106.58

    Address

  • Full Address: 3120 Valencia Dr Ne
  • Legal Unit: 5
  • Address - House Number: 3120
  • Street Segment Direction: NE
  • Address - Street Name: Valencia
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C012
  • 4-Digit Zip Code: 2551
  • Zip Code: 87110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,457
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2088
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 378,948
  • High Value: 458,105
  • Low Value: 299,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,450
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Loan Amount: $276,450
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $248,745
  • Market Land Value: $32,239
  • Market Improvement Value: $216,506

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,906
  • Assessed Land Value: $10,745
  • Assessed Improvements Value: $72,161

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 06, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Transaction ID: 11831511898
  • Current Sale Price: $345,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021041583
  • Previous Sale Recording Date: Dec 29, 2020
  • Previous Sale Contract Date: Dec 22, 2020
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Land Contract

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 08, 2021
  • First Mortgage Loan Amount: $276,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NONE AVAILABLE
  • Previous Mortgage Transaction Date: Dec 29, 2020
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $192,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Land Contract (Argmt. Of Sale)

About Kiva



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2338 Hoffman Drive Ne, Albuquerque, NM, 87110

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,922 ft²
2338 Hoffman Drive Ne, Albuquerque, NM, 87110 Listing by Damon Maddox
Unit for rent at 5609 Alta Monte Avenue Ne, Albuquerque, NM, 87110

$1,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
5609 Alta Monte Avenue Ne, Albuquerque, NM, 87110 Listing by LTREG Team

Frequently Asked Questions

What neighborhood is 3120 Valencia Drive Northeast located in?
The 3120 Valencia Drive Northeast is a located in the neighborhood of Kiva in Kiva, Albuquerque.
What is the average sales price for listings in 3120 Valencia Drive Northeast?
The average sales price for units in 3120 Valencia Drive Northeast is $0 currently.

Quantcast