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5401 Arabian Drive Northwest

5401 Arabian Drive Northwest, Albuquerque, NM 87120
Property in Taylor Ranch
Sold Jun 03, 2016
$280,300
$224,200 by Finance Of America Reverse Llc
Mortgage Due Jul 01, 2046
Sold Oct 28, 2010
$170,000
$136,000 by Citimortgage Inc
Mortgage Due Nov 01, 2025
5401 Arabian Drive Northwest 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 1989 and is 35 years old. The home has a total of 3 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, 5401 Arabian Drive Northwest has 2,063 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 12,981 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 concrete. 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, the home is utilizing gas. The property was last sold in Jun 3, 2016 for $280,300. That's $135.87 per sqft. Prior to that sales transaction, the property was also sold in Oct 22, 2010 for $170,000. 5401 Arabian Drive Northwest was last assessed in 2023. The total value of the property was assessed at $83,366. Specifically, the land the property is located on was valued at $15,114. While improvements on the property were assessed at a total of $68,252. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,562. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,981
  • Total Building Area: 2,063
  • Gross Building Area: 2,063
  • Building Area: 2,063
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,063
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA MARIPO SA ADD
  • Land Acres: 0.298
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: *32 3 SADDLERIDGE AMENDED REPL OF PHASE II UNIT #1 LA MARIPO SA ADDN

Ownership

  • Current Owner : JENKINS TYLER J
  • Previous Owner : SANDERSON STEVEN P
  • Previous Owner 2: SANDERSON MICHELLE
  • Owner Before Previous Owner: SANDERSON MICHELLE

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004727

Geography

  • Parcel: 1-011-062-137-068-3-08-20
  • Block: 3
  • Lot: 32
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1473
  • Longitude: -106.705

    Address

  • Full Address: 5401 Arabian Dr Nw
  • Legal Unit: 32
  • Address - House Number: 5401
  • Street Segment Direction: NW
  • Address - Street Name: Arabian
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R003
  • 4-Digit Zip Code: 2246
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,562
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 389,643
  • High Value: 469,852
  • Low Value: 309,433

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,200
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2016
  • First Open Lien Mortgage Loan Amount: $224,200
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $250,123
  • Market Land Value: $45,347
  • Market Improvement Value: $204,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,366
  • Assessed Land Value: $15,114
  • Assessed Improvements Value: $68,252

    Sales

  • Current Sale Contract Date: Jun 03, 2016
  • Current Sale Recording Date: Jun 03, 2016
  • Current Sale Transaction ID: 1972156528
  • Current Sale Price: $280,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016050955
  • Previous Sale Recording Date: Oct 28, 2010
  • Previous Sale Contract Date: Oct 22, 2010
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Agreement of Sale

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Mortgage Transaction Date: Jun 03, 2016
  • First Mortgage Loan Amount: $224,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Jul 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 28, 2010
  • Previous Mortgage Loan Amount: $136,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2025

About Taylor Ranch



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Frequently Asked Questions

What neighborhood is 5401 Arabian Drive Northwest located in?
The 5401 Arabian Drive Northwest is a located in the neighborhood of Taylor Ranch in Taylor Ranch, Albuquerque.
What is the average sales price for listings in 5401 Arabian Drive Northwest?
The average sales price for units in 5401 Arabian Drive Northwest is $0 currently.

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