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6397 Locust Street Northeast

6397 Locust Street Northeast, Albuquerque, NM 87113
Property in Vineyard
Sold Oct 29, 2021
$230,000
$184,000 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2051
Sold Feb 12, 1999
Transfer
6397 Locust Street Northeast 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 1956 and is 68 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6397 Locust Street Northeast has 1,364 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 28,880 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 tar and gravel. 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, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 6397 Locust Street Northeast sold most recently in Oct 29, 2021 for a total of $230,000. If you work out the math, that's approximately a cost of $168.62 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 $2,748 in taxes each year. 6397 Locust Street Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,325. If we break it down further, the land itself was valued at $14,699. Improvements to the property, however, were assessed at a total of $72,626. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 3
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,880
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,364
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VINEYARD ADD
  • Land Acres: 0.663
  • Standard Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT 27-B PLAT OF LOTS 27-A & 27-B VINEYARD ADD NO. #3 CONT 0 .6634 AC

Ownership

  • Current Owner : GARCIA DAVID G
  • Previous Owner : NIELSEN MARILYN J
  • Owner Before Previous Owner: JOHNSON BLANCHE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003745

Geography

  • Parcel: 1-016-062-078-077-3-04-22
  • Lot: 27
  • Municipality: UNINCORPORATED
  • Latitude: 35.1475
  • Longitude: -106.619

    Address

  • Full Address: 6397 Locust St Ne
  • Legal Unit: 27-B
  • Address - House Number: 6397
  • Street Segment Direction: NE
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R101
  • 4-Digit Zip Code: 2624
  • Zip Code: 87113

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,748
  • Tax Rate Code Area: X1A

    Appraisal Valuation

  • Standard Deviation: 0.4292
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 14
  • Final Value: 270,089
  • High Value: 386,028
  • Low Value: 154,149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $184,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $262,000
  • Market Land Value: $44,100
  • Market Improvement Value: $217,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,325
  • Assessed Land Value: $14,699
  • Assessed Improvements Value: $72,626

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11863567668
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021128714
  • Previous Sale Recording Date: Feb 12, 1999
  • Previous Sale Contract Date: Jan 03, 1986
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 6397 Locust Street Northeast located in?
The 6397 Locust Street Northeast is a located in the neighborhood of Vineyard in Vineyard, Albuquerque.
What is the average sales price for listings in 6397 Locust Street Northeast?
The average sales price for units in 6397 Locust Street Northeast is $0 currently.

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