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7040 Tempe Avenue Northwest

7040 Tempe Avenue Northwest, Albuquerque, NM 87114
Sold May 22, 2019
$313,600
$250,900 by United Wholesale Mortgage
Mortgage Due Jun 01, 2034
Sold Apr 11, 2017
$320,600
$256,500 by Cmg Mortgage Inc
Mortgage
7040 Tempe Avenue Northwest 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 2014 and is 10 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7040 Tempe Avenue Northwest has 2,729 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 4,792 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 roof of the building is made of concrete. 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 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. The property was last sold in May 17, 2019 for $313,600. That's $114.91 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2017 for $320,600. 7040 Tempe Avenue Northwest was last assessed in 2023. The total value of the property was assessed at $104,322. Specifically, the land the property is located on was valued at $17,850. While improvements on the property were assessed at a total of $86,472. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,954. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,729
  • Gross Building Area: 2,729
  • Building Area: 2,729
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,729
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIERRA VISTA
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 42-P1 PLAT OF TIERRA VISTA UNIT 1 AT THE TRAILS (BEING A REPL OF TR 9-A THE TRAILS UNIT 2) CONT .1102 AC

Ownership

  • Current Owner : MARSH MICHAEL
  • Current Owner 2: MARSH JESSICA
  • Previous Owner : MARSH MICHAEL
  • Previous Owner 2: BRAVO JESSICA L
  • Owner Before Previous Owner: WILLIAMS THOMAS
  • Owner Before Previous Owner 2: WILLIAMS BOBBIE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 940601

Geography

  • Parcel: 1-009-064-342-202-4-01-19
  • Lot: 42-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.18
  • Longitude: -106.734

    Address

  • Full Address: 7040 Tempe Ave Nw
  • Legal Unit: 42-P
  • Address - House Number: 7040
  • Street Segment Direction: NW
  • Address - Street Name: Tempe
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R116
  • 4-Digit Zip Code: 3425
  • Zip Code: 87114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,954
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 467,148
  • High Value: 557,600
  • Low Value: 376,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,900
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 22, 2019
  • First Open Lien Mortgage Loan Amount: $250,900
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Market Valuation

  • Market Total Value: $312,999
  • Market Land Value: $53,556
  • Market Improvement Value: $259,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,322
  • Assessed Land Value: $17,850
  • Assessed Improvements Value: $86,472

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Transaction ID: 11610585860
  • Current Sale Price: $313,600
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2019041786
  • Previous Sale Recording Date: Apr 11, 2017
  • Previous Sale Contract Date: Apr 10, 2017
  • Previous Sale Amount: $320,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 22, 2019
  • First Mortgage Loan Amount: $250,900
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 11, 2017
  • Previous Mortgage Loan Amount: $256,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Paradise Hills Civic



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Frequently Asked Questions

What neighborhood is 7040 Tempe Avenue Northwest located in?
The 7040 Tempe Avenue Northwest is a located in the neighborhood of Paradise Hills Civic in Paradise Hills Civic, Albuquerque.
What is the average sales price for listings in 7040 Tempe Avenue Northwest?
The average sales price for units in 7040 Tempe Avenue Northwest is $0 currently.

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