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405 Vassar Drive Northeast

405 Vassar Drive Northeast, Albuquerque, NM 87106
Property in Central Campus
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405 Vassar Drive Northeast 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 1954 and is 70 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, 405 Vassar Drive Northeast has 2,280 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 10,441 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,233 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. The building has a flat style roof made of tar and gravel. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and 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. Tax-wise, the current owner is expected to pay close to $2,114 in taxes each year. 405 Vassar Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $109,311. If we break it down further, the land itself was valued at $26,706. Improvements to the property, however, were assessed at a total of $82,605. 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: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 10,441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 2,280
  • Gross Building Area: 1,728
  • Building Area: 2,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,280
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: * 021 B UNM CAMPUS IMP NE

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 001800

Geography

  • Parcel: 1-016-057-216-487-2-10-22
  • Block: B
  • Lot: 21
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0859
  • Longitude: -106.615

    Address

  • Full Address: 405 Vassar Dr Ne
  • Legal Unit: 21
  • Address - House Number: 405
  • Street Segment Direction: NE
  • Address - Street Name: Vassar
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C060
  • 4-Digit Zip Code: 2711
  • Zip Code: 87106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,114
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 503,289
  • High Value: 602,619
  • Low Value: 403,959

    Market Valuation

  • Market Total Value: $327,966
  • Market Land Value: $80,125
  • Market Improvement Value: $247,841

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,311
  • Assessed Land Value: $26,706
  • Assessed Improvements Value: $82,605

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 405 Vassar Drive Northeast located in?
The 405 Vassar Drive Northeast is a located in the neighborhood of Central Campus in Central Campus, Albuquerque.
What is the average sales price for listings in 405 Vassar Drive Northeast?
The average sales price for units in 405 Vassar Drive Northeast is $0 currently.

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