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465 Timothy Court

465 Timothy Court, Albuquerque, NM 87121
Property in Westgate Heights
Sold Nov 03, 2003
$167,900
$134,285 by Bank Of America Na
Mortgage Due Nov 01, 2033
Sold Aug 06, 2003
Transfer
465 Timothy Court in Albuquerque, NM was first built in 2003 and is 21 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 465 Timothy Court has 2,338 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 9,148 square feet.

Learn more about the property and building on this page. 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. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 465 Timothy Court was last sold in Oct 31, 2003 for $167,900. According to our calculations, that's $71.81 per sqft. Current property owners are expected to pay $2,392 in taxes per year. The property on 465 Timothy Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $57,967. To break that down further, the land itself was valued at $18,027. While improvements to the property were assessed at a total of $39,940. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,338
  • Gross Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,338
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOTS 1-46 & TRACTS A & B ELDORADO NORTHS
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 23-P1 PLAT OF LOTS 1-46 & TRACTS A & B ELDORADO NORTH SUBDIVISION CONT .2098 AC

Ownership

  • Current Owner : RAMIREZ ARLENE M
  • Previous Owner : FTS CONSTRUCTION INC
  • Owner Before Previous Owner: WILSON FRANKLIN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004739

Geography

  • Subdivision Tract Number: A
  • Parcel: 1-009-056-256-311-2-27-23
  • Lot: 23-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0673
  • Longitude: -106.737

    Address

  • Full Address: 465 Timothy Ct Sw
  • Legal Unit: 23-P
  • Address - House Number: 465
  • Street Segment Direction: SW
  • Address - Street Name: Timothy
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C007
  • 4-Digit Zip Code: 7769
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,392
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 316,418
  • High Value: 378,867
  • Low Value: 253,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $134,285
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2003
  • First Open Lien Mortgage Loan Amount: $134,285
  • 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: Nov 01, 2033

    Market Valuation

  • Market Total Value: $173,920
  • Market Land Value: $54,087
  • Market Improvement Value: $119,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,967
  • Assessed Land Value: $18,027
  • Assessed Improvements Value: $39,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2003
  • Current Sale Recording Date: Nov 03, 2003
  • Current Sale Transaction ID: 1063125697
  • Current Sale Price: $167,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003200368
  • Previous Sale Recording Date: Aug 06, 2003
  • Previous Sale Contract Date: Aug 01, 2003
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 03, 2003
  • First Mortgage Loan Amount: $134,285
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2033

About Westgate Heights



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Frequently Asked Questions

What neighborhood is 465 Timothy Court located in?
The 465 Timothy Court is a located in the neighborhood of Westgate Heights in Westgate Heights, Albuquerque.
What is the average sales price for listings in 465 Timothy Court?
The average sales price for units in 465 Timothy Court is $0 currently.

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