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508 62nd Street Southwest

508 62nd Street Southwest, Albuquerque, NM 87121
Property in Alamosa
Sold Nov 24, 2004
$113,900
$91,083 by Bank Of America Na
Mortgage Due Dec 01, 2034
508 62nd Street Southwest 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 1960 and is 64 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 508 62nd Street Southwest has 1,597 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 6,316 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 roof of the building is made of tar and gravel. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 508 62nd Street Southwest sold most recently in Nov 22, 2004 for a total of $113,900. If you work out the math, that's approximately a cost of $71.32 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 $1,431 in taxes each year. 508 62nd Street Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,498. If we break it down further, the land itself was valued at $8,158. Improvements to the property, however, were assessed at a total of $27,340. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Total Building Area: 1,597
  • Gross Building Area: 1,469
  • Building Area: 1,597
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,597
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FIELD ADD
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: * 018 FIELD ADD N60 FT

Ownership

  • Current Owner : SOLIS BERTHA A
  • Previous Owner : BACA BENNY B
  • Previous Owner 2: BACA LAURA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 002404

Geography

  • Parcel: 1-011-057-183-124-3-14-12
  • Lot: 18
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0762
  • Longitude: -106.704

    Address

  • Full Address: 508 62nd St Sw
  • Legal Unit: 18
  • Address - House Number: 508
  • Street Segment Direction: SW
  • Address - Street Name: 62nd
  • Address - Suffix Type: St
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C009
  • 4-Digit Zip Code: 2417
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,431
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 232,151
  • High Value: 277,968
  • Low Value: 186,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,083
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 24, 2004
  • First Open Lien Mortgage Loan Amount: $91,083
  • 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: Dec 01, 2034

    Market Valuation

  • Market Total Value: $106,505
  • Market Land Value: $24,476
  • Market Improvement Value: $82,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,498
  • Assessed Land Value: $8,158
  • Assessed Improvements Value: $27,340

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2004
  • Current Sale Recording Date: Nov 24, 2004
  • Current Sale Transaction ID: 1166496176
  • Current Sale Price: $113,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004163662

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 24, 2004
  • First Mortgage Loan Amount: $91,083
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2034

About Alamosa



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Nearby Rentals

Unit for rent at 632 Pittard Sw, Albuquerque, NM, 87121

$1,075 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,120 ft²
632 Pittard Sw, Albuquerque, NM, 87121 Listing by Mary Padilla

Frequently Asked Questions

What neighborhood is 508 62nd Street Southwest located in?
The 508 62nd Street Southwest is a located in the neighborhood of Alamosa in Alamosa, Albuquerque.
What is the average sales price for listings in 508 62nd Street Southwest?
The average sales price for units in 508 62nd Street Southwest is $0 currently.

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