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700 Laguayra Drive Northeast

700 Laguayra Drive Northeast, Albuquerque, NM 87108
House in Fair West
Sold Dec 08, 2020
$221,200
$218,275 by Mid-american Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Aug 17, 2005
$125,700
$124,000 by Citicorp Mortgage Inc
Mortgage Due Sep 01, 2020
700 Laguayra Drive 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 1954 and is 70 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 700 Laguayra Drive Northeast has 1,426 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 6,011 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. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a flat style roof made of tar and gravel. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit 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, 700 Laguayra Drive Northeast sold most recently in Dec 7, 2020 for a total of $221,200. If you work out the math, that's approximately a cost of $155.12 per sqft. Before that, the property was also sold for $125,700 in Aug 15, 2005. 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 $2,441 in taxes each year. 700 Laguayra Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $57,125. If we break it down further, the land itself was valued at $7,003. Improvements to the property, however, were assessed at a total of $50,122. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,426
  • Gross Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,426
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIJERAS PARK ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LT 1 & SOUTH 7 1/2 FT OF LT 2 BLK 19 TIJERAS PARK ADDITION CONT .1377 AC

Ownership

  • Current Owner : TALLBROTHER ANDREA
  • Previous Owner : CHEN ANDREW
  • Previous Owner 2: CHEN MARLAN
  • Owner Before Previous Owner: WAGNER PAUL J
  • Owner Before Previous Owner 2: WAGNER BARBARA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000501

Geography

  • Parcel: 1-018-057-220-404-2-41-01
  • Block: 19
  • Lot: 1-2
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0839
  • Longitude: -106.579

    Address

  • Full Address: 700 Laguayra Dr Ne
  • Legal Unit: 1
  • Address - House Number: 700
  • Street Segment Direction: NE
  • Address - Street Name: Laguayra
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C023
  • 4-Digit Zip Code: 1730
  • Zip Code: 87108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,441
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2182
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 302,905
  • High Value: 369,012
  • Low Value: 236,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $218,275
  • First Open Lien Mortgage Lender: MID-AMERICAN MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Loan Amount: $218,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $171,392
  • Market Land Value: $21,012
  • Market Improvement Value: $150,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,125
  • Assessed Land Value: $7,003
  • Assessed Improvements Value: $50,122

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11808251086
  • Current Sale Price: $221,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020123988
  • Previous Sale Recording Date: Aug 17, 2005
  • Previous Sale Contract Date: Aug 15, 2005
  • Previous Sale Amount: $125,700
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MID-AMERICAN MORTGAGE INC
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $218,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CITICORP MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 17, 2005
  • Previous Mortgage Loan Amount: $124,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2020

About Fair West



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Frequently Asked Questions

What neighborhood is 700 Laguayra Drive Northeast located in?
The 700 Laguayra Drive Northeast is a house located in the neighborhood of Fair West in Fair West, Albuquerque.
What is the average sales price for listings in 700 Laguayra Drive Northeast?
The average sales price for units in 700 Laguayra Drive Northeast is $0 currently.

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