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7405 Torin Drive Northeast

7405 Torin Drive Northeast, Albuquerque, NM 87122
Sold Jan 28, 2020
$475,000
$380,000 by Bokf Na
Mortgage Due Feb 01, 2050
Sold Oct 11, 2017
$445,000
$356,000 by First Choice Loan Services Inc
Mortgage Due Nov 01, 2032
Local assessors in Albuquerque, NM have categorized 7405 Torin Drive Northeast as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 8,407 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7405 Torin Drive Northeast has a total of 3,074 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. 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, 7405 Torin Drive Northeast sold most recently in Jan 23, 2020 for a total of $475,000. If you work out the math, that's approximately a cost of $154.52 per sqft. Before that, the property was also sold for $445,000 in Oct 9, 2017. 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 $7,786 in taxes each year. 7405 Torin Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $182,189. If we break it down further, the land itself was valued at $31,240. Improvements to the property, however, were assessed at a total of $150,949. 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. 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. 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

Brick Venner Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Fair
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,407
  • Total Building Area: 3,074
  • Gross Building Area: 3,074
  • Building Area: 3,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,074
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: QUINTESSENCE
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LT 16-P1 BLK 12 FINAL VACATION AND REPLAT FOR QUINTESSENCE UNIT 4 CONT .193 AC

Ownership

  • Current Owner : SIEVERS MICHAEL E
  • Previous Owner : GRABOWSKI MAREK
  • Previous Owner 2: SHAH NAMRATA
  • Owner Before Previous Owner: HASSAN MOHAMMED
  • Owner Before Previous Owner 2: HASSAN MONA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003730

Geography

  • Parcel: 1-021-063-115-185-3-03-17
  • Block: 12
  • Lot: 16-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1635
  • Longitude: -106.529

    Address

  • Full Address: 7405 Torin Dr Ne
  • Legal Unit: 16-P
  • Address - House Number: 7405
  • Street Segment Direction: NE
  • Address - Street Name: Torin
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C007
  • 4-Digit Zip Code: 3374
  • Zip Code: 87122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,786
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 703,893
  • High Value: 843,864
  • Low Value: 563,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: BOKF NA
  • First Open Lien Mortgage Recording Date: Jan 28, 2020
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $546,621
  • Market Land Value: $93,730
  • Market Improvement Value: $452,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,189
  • Assessed Land Value: $31,240
  • Assessed Improvements Value: $150,949

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Transaction ID: 11727070444
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020008467
  • Previous Sale Recording Date: Oct 11, 2017
  • Previous Sale Contract Date: Oct 09, 2017
  • Previous Sale Amount: $445,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BOKF NA
  • First Mortgage Transaction Date: Jan 28, 2020
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CHOICE LOAN SERVICES INC
  • Previous Mortgage Transaction Date: Oct 11, 2017
  • Previous Mortgage Loan Amount: $356,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2032

About Quintessence



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Frequently Asked Questions

What neighborhood is 7405 Torin Drive Northeast located in?
The 7405 Torin Drive Northeast is a house located in the neighborhood of Quintessence in Quintessence, Albuquerque.
What is the average sales price for listings in 7405 Torin Drive Northeast?
The average sales price for units in 7405 Torin Drive Northeast is $0 currently.

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