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5 Madrid Heights Trail

5 Madrid Heights Trail, Cerrillos, NM 87010
Property in Santa Fe
Sold Dec 22, 2017
$329,400
$263,500 by Das Acquisition
Mortgage Due Jan 01, 2048
Sold Jul 02, 2015
$368,100
$294,500 by Nusenda Fcu
Mortgage Due Aug 01, 2035
5 Madrid Heights Trail has been categorized by the local assessors in Cerrillos, NM as a residential type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5 Madrid Heights Trail has 1,294 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 901,692 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 352 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with adobe control joints. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5 Madrid Heights Trail was last sold in Dec 22, 2017 for $329,400. According to our calculations, that's $254.56 per sqft. Prior to that sales transaction, the property was sold for $368,100 in Jul 1, 2015. Current property owners are expected to pay $1,750 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2014. The property on 5 Madrid Heights Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $242,625. To break that down further, the land itself was valued at $58,031. While improvements to the property were assessed at a total of $184,594. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1981
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Adobe
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 901,692
  • Total Building Area: 1,294
  • Gross Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,294
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANA BEN DOV & TIMOTHY K ONE
  • Land Acres: 20.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T14N R 7E S25 20.700AC

Ownership

  • Current Owner : ALBOR CASEY JUDE D
  • Current Owner 2: SANCHEZ JEREMY
  • Previous Owner : RIXE OLIVIER
  • Owner Before Previous Owner: NEIL TIMOTHY K O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Fe Public Schools
  • Census Tract: 010309

Geography

  • Parcel: 076008908
  • Meridian: SEC 25 TWN 14N RNG 07E
  • Municipality: SANTA FE OUT CITY LIMITS
  • Latitude: 35.414
  • Longitude: -106.159

    Address

  • Full Address: 5 Madrid Hts
  • Address - House Number: 5
  • Address - Street Name: Madrid
  • Address - Suffix Type: Hts
  • State: NM
  • City Name: Cerrillos
  • Carrier Code: H037
  • 4-Digit Zip Code: 8023
  • Zip Code: 87010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,750
  • Intital Tax Deliquent Year: 2014
  • Tax Rate Code Area: CO-R

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 507,127
  • High Value: 632,542
  • Low Value: 381,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $263,500
  • First Open Lien Mortgage Lender: DAS ACQUISITION
  • First Open Lien Mortgage Recording Date: Dec 22, 2017
  • First Open Lien Mortgage Loan Amount: $263,500
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $330,968
  • Market Land Value: $58,700
  • Market Improvement Value: $272,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,625
  • Assessed Land Value: $58,031
  • Assessed Improvements Value: $184,594

    Sales

  • Current Sale Contract Date: Dec 22, 2017
  • Current Sale Recording Date: Dec 22, 2017
  • Current Sale Transaction ID: 11347079154
  • Current Sale Price: $329,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1844570
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Contract Date: Jul 01, 2015
  • Previous Sale Amount: $368,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION
  • First Mortgage Transaction Date: Dec 22, 2017
  • First Mortgage Loan Amount: $263,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: NUSENDA FCU
  • Previous Mortgage Transaction Date: Jul 02, 2015
  • Previous Mortgage Loan Amount: $294,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Santa Fe



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Frequently Asked Questions

What neighborhood is 5 Madrid Heights Trail located in?
The 5 Madrid Heights Trail is a located in the neighborhood of Santa Fe in Santa Fe, Cerrillos.
What is the average sales price for listings in 5 Madrid Heights Trail?
The average sales price for units in 5 Madrid Heights Trail is $0 currently.

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