5537 Edwards Drive Northeast
5537 Edwards Drive Northeast, Albuquerque, NM 87111
Property
in
Academy Place
Sold Dec 02, 2021
$280,000
Buyer
Seller
$224,002
by First Guaranty Mortgage Corp
Mortgage Due Jul 01, 2046
Sold Feb 25, 2011
$208,400
Buyer
$166,725
by Peoples Bank
Mortgage Due Mar 01, 2041
5537 Edwards Drive Northeast in Albuquerque, NM was first built in 1982 and is 42 years old.
This has been categorized as a residential property type.
It is a single story home.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
5537 Edwards Drive Northeast has 1,650 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 10,977 square feet.
Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jun 24, 2021 for $280,000. That's $169.70 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2011 for $208,400. 5537 Edwards Drive Northeast was last assessed in 2023. The total value of the property was assessed at $78,959. Specifically, the land the property is located on was valued at $19,776. While improvements on the property were assessed at a total of $59,183. 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 $3,374. 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. 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.
Learn more about the property and building on this page. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jun 24, 2021 for $280,000. That's $169.70 per sqft. Prior to that sales transaction, the property was also sold in Feb 23, 2011 for $208,400. 5537 Edwards Drive Northeast was last assessed in 2023. The total value of the property was assessed at $78,959. Specifically, the land the property is located on was valued at $19,776. While improvements on the property were assessed at a total of $59,183. 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 $3,374. 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. 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.
5537 Edwards Drive Northeast, Albuquerque, NM 87111
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