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4021 Lara Drive Northeast

4021 Lara Drive Northeast, Albuquerque, NM 87111
Property in Eldorado Heights
Sold Jan 17, 2013
$200,000
$160,000 by Farmers Bank & Trust Na
Mortgage Due Feb 01, 2028
Local assessors in Albuquerque, NM have categorized 4021 Lara Drive Northeast as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 8,756 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 4021 Lara Drive Northeast has a total of 2,219 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'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, 4021 Lara Drive Northeast sold most recently in Jan 16, 2013 for a total of $200,000. If you work out the math, that's approximately a cost of $90.13 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 $3,338 in taxes each year. 4021 Lara Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,124. If we break it down further, the land itself was valued at $16,425. Improvements to the property, however, were assessed at a total of $63,699. 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.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,756
  • Total Building Area: 2,219
  • Gross Building Area: 2,093
  • Building Area: 2,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,219
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIBOLA VILLAGE SUBDIVISION
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: * 006004 CIBOLA VILLAGE

Ownership

  • Current Owner : HUANG GARY C
  • Current Owner 2: RAMSEY JEAN L
  • Previous Owner : GUERRERO WILLARD CHARLES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000108

Geography

  • Parcel: 1-022-060-500-442-1-18-06
  • Block: 4
  • Lot: 6
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1285
  • Longitude: -106.499

    Address

  • Full Address: 4021 Lara Dr Ne
  • Legal Unit: 6004
  • Address - House Number: 4021
  • Street Segment Direction: NE
  • Address - Street Name: Lara
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C074
  • 4-Digit Zip Code: 4121
  • Zip Code: 87111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,338
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 416,572
  • High Value: 503,550
  • Low Value: 329,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: FARMERS BANK & TRUST NA
  • First Open Lien Mortgage Recording Date: Jan 17, 2013
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2028

    Market Valuation

  • Market Total Value: $240,398
  • Market Land Value: $49,281
  • Market Improvement Value: $191,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,124
  • Assessed Land Value: $16,425
  • Assessed Improvements Value: $63,699

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2013
  • Current Sale Recording Date: Jan 17, 2013
  • Current Sale Transaction ID: 1132451310
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013006427

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS BANK & TRUST NA
  • First Mortgage Transaction Date: Jan 17, 2013
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2028

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Frequently Asked Questions

What neighborhood is 4021 Lara Drive Northeast located in?
The 4021 Lara Drive Northeast is a located in the neighborhood of Eldorado Heights in Eldorado Heights, Albuquerque.
What is the average sales price for listings in 4021 Lara Drive Northeast?
The average sales price for units in 4021 Lara Drive Northeast is $0 currently.

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