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7 Derek Court

7 Derek Court, Sandia Park, NM 87047
Property in Sandia Knolls
Sold Dec 31, 2020
$216,900
$173,500 by Primary Residential Mortgage I
Mortgage Due Jan 01, 2051
Sold Oct 10, 2012
$190,000
$152,000 by Sterling National Bank
Mortgage Due Nov 01, 2042
Local assessors in Sandia Park, NM have categorized 7 Derek Court as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 35,371 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 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 7 Derek Court has a total of 1,548 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. 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 electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Derek Court was last sold in Dec 30, 2020 for $216,900. According to our calculations, that's $140.12 per sqft. Prior to that sales transaction, the property was sold for $190,000 in Oct 8, 2012. Current property owners are expected to pay $2,766 in taxes per year. The property on 7 Derek Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $90,324. To break that down further, the land itself was valued at $8,299. While improvements to the property were assessed at a total of $82,025. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 35,371
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,548
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SANDIA KNOLLS SUBD
  • Land Acres: 0.812
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: * 530 SANDIA KNOLLS SUBD

Ownership

  • Current Owner : FERRIDAY KAREN S
  • Current Owner 2: FERRIDAY JOHN C
  • Previous Owner : SANCHEZ LISA MARIE
  • Owner Before Previous Owner: SANCHES GEORGE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003803

Geography

  • Parcel: 1-033-063-243-182-3-06-14
  • Lot: 530
  • Municipality: UNINCORPORATED
  • Latitude: 35.1614
  • Longitude: -106.307

    Address

  • Full Address: 7 Derek Ct
  • Legal Unit: 530
  • Address - House Number: 7
  • Address - Street Name: Derek
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Sandia Park
  • Carrier Code: H087
  • 4-Digit Zip Code: 9384
  • Zip Code: 87047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,766
  • Tax Rate Code Area: X1

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 409,663
  • High Value: 497,234
  • Low Value: 322,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,500
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $173,500
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $271,000
  • Market Land Value: $24,900
  • Market Improvement Value: $246,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,324
  • Assessed Land Value: $8,299
  • Assessed Improvements Value: $82,025

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11810404034
  • Current Sale Price: $216,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020133690
  • Previous Sale Recording Date: Oct 10, 2012
  • Previous Sale Contract Date: Oct 08, 2012
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $173,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STERLING NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 10, 2012
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Sandia Knolls



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Frequently Asked Questions

What neighborhood is 7 Derek Court located in?
The 7 Derek Court is a located in the neighborhood of Sandia Knolls in Sandia Knolls, Sandia Park.
What is the average sales price for listings in 7 Derek Court?
The average sales price for units in 7 Derek Court is $0 currently.

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