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7201 Settlement Way Northwest

7201 Settlement Way Northwest, Albuquerque, NM 87120
Property in Taylor Ranch
Sold Oct 07, 2002
$135,700
$133,898 by First Home Mtg
Mortgage Due Oct 01, 2032
Sold Jun 27, 2001
$115,000
$117,500 by Washington Mutual Home Loans I
Mortgage Due Jul 01, 2031
7201 Settlement Way 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 1979 and is 45 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7201 Settlement Way Northwest has 1,708 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 10,062 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 shingle (not wood). 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, the home is utilizing gas. 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, 7201 Settlement Way Northwest was last sold in Sep 13, 2002 for $135,700. According to our calculations, that's $79.45 per sqft. Prior to that sales transaction, the property was sold for $115,000 in Jun 7, 2001. Current property owners are expected to pay $2,548 in taxes per year. The property on 7201 Settlement Way Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,617. To break that down further, the land itself was valued at $13,077. While improvements to the property were assessed at a total of $48,540. 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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,062
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,708
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMESTEAD HILLS SUBDIVISION
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *038 003 HOMESTEAD HILLS

Ownership

  • Current Owner : DESMOND SHAWN M
  • Current Owner 2: DESMOND PATRICIA L
  • Previous Owner : MULLINS DAVID M
  • Previous Owner 2: MULLINS KAREN R
  • Owner Before Previous Owner: VA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004724

Geography

  • Parcel: 1-011-063-284-214-3-01-38
  • Block: 3
  • Lot: 38
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1658
  • Longitude: -106.7

    Address

  • Full Address: 7201 Settlement Way Nw
  • Legal Unit: 38
  • Address - House Number: 7201
  • Street Segment Direction: NW
  • Address - Street Name: Settlement
  • Address - Suffix Type: Way
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R022
  • 4-Digit Zip Code: 2931
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,548
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 312,627
  • High Value: 386,693
  • Low Value: 238,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $133,898
  • First Open Lien Mortgage Lender: FIRST HOME MTG
  • First Open Lien Mortgage Recording Date: Oct 07, 2002
  • First Open Lien Mortgage Loan Amount: $133,898
  • 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: Oct 01, 2032

    Market Valuation

  • Market Total Value: $184,869
  • Market Land Value: $39,234
  • Market Improvement Value: $145,635

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,617
  • Assessed Land Value: $13,077
  • Assessed Improvements Value: $48,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2002
  • Current Sale Recording Date: Oct 07, 2002
  • Current Sale Transaction ID: 1120452161
  • Current Sale Price: $135,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2002129862
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Contract Date: Jun 07, 2001
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MTG
  • First Mortgage Transaction Date: Oct 07, 2002
  • First Mortgage Loan Amount: $133,898
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL HOME LOANS I
  • Previous Mortgage Transaction Date: Jun 27, 2001
  • Previous Mortgage Loan Amount: $117,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Taylor Ranch



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Frequently Asked Questions

What neighborhood is 7201 Settlement Way Northwest located in?
The 7201 Settlement Way Northwest is a located in the neighborhood of Taylor Ranch in Taylor Ranch, Albuquerque.
What is the average sales price for listings in 7201 Settlement Way Northwest?
The average sales price for units in 7201 Settlement Way Northwest is $0 currently.

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