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5605 Palomino Drive Northwest

5605 Palomino Drive Northwest, Albuquerque, NM 87120
Property in Taylor Ranch
Sold Sep 30, 2019
$340,000
Sold Dec 29, 2017
$93,800
$75,000 by Nusenda Fcu
Mortgage Due Dec 26, 2032
Local assessors in Albuquerque, NM have categorized 5605 Palomino Drive Northwest as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 13,068 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5605 Palomino Drive Northwest has a total of 2,416 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a roof that is made of shingle (not wood). While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home has been utilizing gas for fuel. 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, 5605 Palomino Drive Northwest sold most recently in Sep 30, 2019 for a total of $340,000. If you work out the math, that's approximately a cost of $140.73 per sqft. Before that, the property was also sold for $93,800 in Dec 21, 2017. 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 $3,841 in taxes each year. 5605 Palomino Drive Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,891. If we break it down further, the land itself was valued at $13,865. Improvements to the property, however, were assessed at a total of $78,026. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 2,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,416
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA MARIPO SA ADD
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *18 3 SADDLERIDGE AMENDED REPL OF PHASE II UNIT #1 LA MARIPO SA ADDN

Ownership

  • Current Owner : KULAGE ZACHARY ANDREW
  • Current Owner 2: KULAGE CHRISTINA LORAN
  • Previous Owner : MARTINEZ LIDIA
  • Owner Before Previous Owner: MARTINEZ LIDIA
  • Owner Before Previous Owner 2: MUNIZ LIDIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 1-011-062-140-143-3-08-34
  • Block: 3
  • Lot: 18
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1494
  • Longitude: -106.705

    Address

  • Full Address: 5605 Palomino Dr Nw
  • Legal Unit: 18
  • Address - House Number: 5605
  • Street Segment Direction: NW
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R003
  • 4-Digit Zip Code: 2237
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,841
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 426,089
  • High Value: 510,183
  • Low Value: 341,996

    Market Valuation

  • Market Total Value: $275,700
  • Market Land Value: $41,600
  • Market Improvement Value: $234,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,891
  • Assessed Land Value: $13,865
  • Assessed Improvements Value: $78,026

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • Current Sale Transaction ID: 11659669815
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019083609
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 21, 2017
  • Previous Sale Amount: $93,800
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 30, 2019
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: NUSENDA FCU
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 26, 2032

About Taylor Ranch



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Frequently Asked Questions

What neighborhood is 5605 Palomino Drive Northwest located in?
The 5605 Palomino Drive Northwest is a located in the neighborhood of Taylor Ranch in Taylor Ranch, Albuquerque.
What is the average sales price for listings in 5605 Palomino Drive Northwest?
The average sales price for units in 5605 Palomino Drive Northwest is $0 currently.

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