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5931 Los Ritos Court Northwest

5931 Los Ritos Court Northwest, Albuquerque, NM 87120
Sold Oct 29, 2020
$337,300
$269,800 by Hometrust Mortgage Co
Mortgage Due Nov 01, 2050
Sold Mar 18, 2020
Transfer
Local assessors in Albuquerque, NM have categorized 5931 Los Ritos Court Northwest as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 6,621 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 5931 Los Ritos Court Northwest has a total of 2,216 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 home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 5931 Los Ritos Court Northwest sold most recently in Oct 26, 2020 for a total of $337,300. If you work out the math, that's approximately a cost of $152.21 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 $4,017 in taxes each year. 5931 Los Ritos Court Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $93,991. If we break it down further, the land itself was valued at $16,732. Improvements to the property, however, were assessed at a total of $77,259. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Total Building Area: 2,216
  • Gross Building Area: 2,216
  • Building Area: 2,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,216
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAT OF RANCHO ENCANTADO DEL NORTE
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LT 60 PLAT OF RANCHO ENCANTADO DEL NORTE A REPLAT OF TRACT 1 COORS VILLAGE CONT .1515 AC

Ownership

  • Current Owner : PHUTHONG VIVAT
  • Current Owner 2: COOK AMANDA
  • Previous Owner : NRZ REO V 2 LLC
  • Owner Before Previous Owner: NEWKIRK DONNA SULLIVAN
  • Owner Before Previous Owner 2: SULLIVAN NEWKIRK DONNA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004728

Geography

  • Subdivision Tract Number: 1
  • Parcel: 1-011-061-102-114-3-18-23
  • Lot: 60
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1338
  • Longitude: -106.707

    Address

  • Full Address: 5931 Los Ritos Ct Nw
  • Legal Unit: 60
  • Address - House Number: 5931
  • Street Segment Direction: NW
  • Address - Street Name: Los Ritos
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R034
  • 4-Digit Zip Code: 1723
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,017
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 458,807
  • High Value: 547,058
  • Low Value: 370,557

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,800
  • First Open Lien Mortgage Lender: HOMETRUST MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Loan Amount: $269,800
  • 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, 2050

    Market Valuation

  • Market Total Value: $282,000
  • Market Land Value: $50,200
  • Market Improvement Value: $231,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,991
  • Assessed Land Value: $16,732
  • Assessed Improvements Value: $77,259

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11804722036
  • Current Sale Price: $337,300
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020108445
  • Previous Sale Recording Date: Mar 18, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Document Type: Special Master Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST MORTGAGE CO
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $269,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 5931 Los Ritos Court Northwest located in?
The 5931 Los Ritos Court Northwest is a house located in the neighborhood of Rancho Encantado Del Norte in Rancho Encantado Del Norte, Albuquerque.
What is the average sales price for listings in 5931 Los Ritos Court Northwest?
The average sales price for units in 5931 Los Ritos Court Northwest is $0 currently.

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