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338 Lopez Road Southeast

338 Lopez Road Southeast, Los Lunas, NM 87031
Property in Valencia
Sold Jul 08, 2014
$86,000
$87,805 by American Financing Corp
Mortgage Due Jul 01, 2029
338 Lopez Road Southeast has been categorized by the local assessors in Los Lunas, NM as a residential type of property. The building on the property was first built in 1999 and is 25 years old. In addition, 338 Lopez Road Southeast has 1,400 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 18,295 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. 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, 338 Lopez Road Southeast sold most recently in Jul 7, 2014 for a total of $86,000. If you work out the math, that's approximately a cost of $61.43 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 $1,018 in taxes each year. 338 Lopez Road Southeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $26,522. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $16,522. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.42
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TRACT 7B2A S 33 T 7N R 2E 0.42 ACRE MAP 75 1999 REV

Ownership

  • Current Owner : DEHERRERA DENNIS P
  • Previous Owner : SHERER JONATHAN L
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Los Lunas Public Schools
  • School Tax School District: LL01
  • Census Tract: 970401

Geography

  • Account Number: R063708
  • Subdivision Tract Number: 7B2A
  • Parcel: 1 009 037 311 308 000000
  • Meridian: SEC 33 TWN 07N RNG 02E
  • Municipality: LOS LUNAS SCHOOL DIST - CITY
  • Latitude: 34.7917
  • Longitude: -106.736

    Address

  • Full Address: 338 Lopez Rd Se
  • Address - House Number: 338
  • Street Segment Direction: SE
  • Address - Street Name: Lopez
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Los Lunas
  • Carrier Code: R015
  • 4-Digit Zip Code: 6830
  • Zip Code: 87031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,018
  • Tax Rate Code Area: LL01

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Jan 11, 2023
  • Confidence Score: 73
  • Final Value: 199,325
  • High Value: 226,117
  • Low Value: 172,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,805
  • First Open Lien Mortgage Lender: AMERICAN FINANCING CORP
  • First Open Lien Mortgage Recording Date: Jul 08, 2014
  • First Open Lien Mortgage Loan Amount: $87,805
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2029

    Market Valuation

  • Market Total Value: $79,567
  • Market Land Value: $30,000
  • Market Improvement Value: $49,567

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,522
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $16,522

    Sales

  • Current Sale Contract Date: Jul 07, 2014
  • Current Sale Recording Date: Jul 08, 2014
  • Current Sale Transaction ID: 1193384862
  • Current Sale Price: $86,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014006254

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCING CORP
  • First Mortgage Transaction Date: Jul 08, 2014
  • First Mortgage Loan Amount: $87,805
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2029

About Los Lunas



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Frequently Asked Questions

What neighborhood is 338 Lopez Road Southeast located in?
The 338 Lopez Road Southeast is a located in the neighborhood of Valencia in Los Lunas, Los Lunas.
What is the average sales price for listings in 338 Lopez Road Southeast?
The average sales price for units in 338 Lopez Road Southeast is $0 currently.

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