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547 Prosperity Lane Southeast

547 Prosperity Lane Southeast, Albuquerque, NM 87105
Property in Mountain View
Sold Oct 31, 2012
$120,600
$96,500 by Bokf Na
Mortgage Due Nov 01, 2042
Sold Jul 14, 2006
$98,000
$96,729 by Eagle Home Mortgage Inc
Mortgage Due Aug 01, 2036
547 Prosperity Lane Southeast in Albuquerque, NM was first built in 2000 and is 24 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a prefab, modular style. It is a single story home. 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 2 partial bathrooms. 547 Prosperity Lane Southeast has 1,200 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 10,890 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. The property was last sold in Oct 30, 2012 for $120,600. That's $100.50 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2006 for $98,000. 547 Prosperity Lane Southeast was last assessed in 2023. The total value of the property was assessed at $37,439. Specifically, the land the property is located on was valued at $13,985. While improvements on the property were assessed at a total of $23,454. 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 $989. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Building Style: Prefab, Modular
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,200
  • Gross Building Area: 1,408
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW ADD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TRACT I-1 PLAT OF TRACT I OF LOT 1 OF THE REPLAT OF LOT 17-B AND 18 BLOCK 2 MOUNTAIN VIEW ADDITION CONT 0.2499 AC OR

Ownership

  • Current Owner : RUSSELL ARTHUR LEE
  • Current Owner 2: RUSSELL LOUELLA R
  • Previous Owner : RUSSELL MARY H
  • Owner Before Previous Owner: TOLBERT LORETTA
  • Owner Before Previous Owner 2: TOLBERT CURTIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004001

Geography

  • Subdivision Tract Number: 1
  • Parcel: 1-014-053-198-060-3-03-39
  • Block: 2
  • Lot: 1,17
  • Municipality: UNINCORPORATED
  • Latitude: 35.0166
  • Longitude: -106.651

    Address

  • Full Address: 547 Prosperity Ave Se
  • Address - House Number: 547
  • Street Segment Direction: SE
  • Address - Street Name: Prosperity
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R046
  • 4-Digit Zip Code: 0825
  • Zip Code: 87105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $989
  • Tax Rate Code Area: X1A

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 231,194
  • High Value: 280,556
  • Low Value: 181,833

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,500
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Oct 31, 2012
  • First Open Lien Mortgage Loan Amount: $96,500
  • 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: Nov 01, 2042

    Market Valuation

  • Market Total Value: $112,330
  • Market Land Value: $41,960
  • Market Improvement Value: $70,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,439
  • Assessed Land Value: $13,985
  • Assessed Improvements Value: $23,454

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2012
  • Current Sale Recording Date: Oct 31, 2012
  • Current Sale Transaction ID: 1121283194
  • Current Sale Price: $120,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012115257
  • Previous Sale Recording Date: Jul 14, 2006
  • Previous Sale Contract Date: Jul 07, 2006
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Oct 31, 2012
  • First Mortgage Loan Amount: $96,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 14, 2006
  • Previous Mortgage Loan Amount: $96,729
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Mountain View



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Frequently Asked Questions

What neighborhood is 547 Prosperity Lane Southeast located in?
The 547 Prosperity Lane Southeast is a located in the neighborhood of Mountain View in Mountain View, Albuquerque.
What is the average sales price for listings in 547 Prosperity Lane Southeast?
The average sales price for units in 547 Prosperity Lane Southeast is $0 currently.

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