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7312 Desert Morning Road Southwest

7312 Desert Morning Road Southwest, Albuquerque, NM 87121
Property in Westgate Vecinos
Sold May 03, 2021
$191,100
$188,522 by Legacy Mortgage Llc
Mortgage Due May 01, 2051
Sold May 03, 2021
$10,000
$8,000 by Legacy Mortgage Llc
Mortgage Due May 01, 2051
Local assessors in Albuquerque, NM have categorized 7312 Desert Morning Road Southwest as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 5,009 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 7312 Desert Morning Road Southwest has a total of 1,540 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 gas. The property was last sold in Apr 30, 2021 for $191,100. That's $124.09 per sqft. Prior to that sales transaction, the property was also sold in Apr 30, 2021 for $10,000. 7312 Desert Morning Road Southwest was last assessed in 2023. The total value of the property was assessed at $60,764. Specifically, the land the property is located on was valued at $16,856. While improvements on the property were assessed at a total of $43,908. 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 $2,597. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,009
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,540
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLK I PLAT FOR DESERT SPRINGS SUBD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 21 BLK I PLAT FOR DESERT SPRINGS SUBD UNIT FIVE BEING A REPLAT OF TRACT A-1, DESERT SPRINGS SUBD & A POR OF PARCEL A-2-1,

Ownership

  • Current Owner : MONTANO MARTHA A
  • Previous Owner : RASCON LINDA D
  • Previous Owner 2: RASCON LINDA
  • Owner Before Previous Owner: RAMIREZ VICTOR M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004734

Geography

  • Subdivision Tract Number: A-1
  • Parcel: 1-010-055-328-319-1-23-21
  • Block: 1
  • Lot: 21
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0518
  • Longitude: -106.717

    Address

  • Full Address: 7312 Desert Morning Rd Sw
  • Legal Unit: 21
  • Address - House Number: 7312
  • Street Segment Direction: SW
  • Address - Street Name: Desert Morning
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C012
  • 4-Digit Zip Code: 8486
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,597
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2664
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 262,728
  • High Value: 332,745
  • Low Value: 192,711

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $196,522
  • First Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $188,522
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: LEGACY MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: May 03, 2021
  • Second Open Lien Mortgage Loan Amount: $8,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $182,310
  • Market Land Value: $50,573
  • Market Improvement Value: $131,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,764
  • Assessed Land Value: $16,856
  • Assessed Improvements Value: $43,908

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11835689607
  • Current Sale Price: $191,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021052165
  • Previous Sale Recording Date: May 03, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Agreement of Sale

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $188,522
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LEGACY MORTGAGE LLC
  • Previous Mortgage Transaction Date: May 03, 2021
  • Previous Mortgage Loan Amount: $8,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: May 01, 2051

About Westgate Vecinos



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Nearby Rentals

Unit for rent at 632 Pittard Sw, Albuquerque, NM, 87121

$1,075 /mo

  • 3 Beds
  • 1.5 Baths
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632 Pittard Sw, Albuquerque, NM, 87121 Listing by Mary Padilla

Frequently Asked Questions

What neighborhood is 7312 Desert Morning Road Southwest located in?
The 7312 Desert Morning Road Southwest is a located in the neighborhood of Westgate Vecinos in Westgate Vecinos, Albuquerque.
What is the average sales price for listings in 7312 Desert Morning Road Southwest?
The average sales price for units in 7312 Desert Morning Road Southwest is $0 currently.

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