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7616 Rainwater Road Southwest

7616 Rainwater Road Southwest, Albuquerque, NM 87121
Property in Westgate Vecinos
Sold Oct 30, 2017
$125,300
$123,677 by Plaza Home Mortgage Inc
Mortgage Due Nov 01, 2047
Sold May 26, 2000
Transfer
Local assessors in Albuquerque, NM have categorized 7616 Rainwater Road Southwest as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 4,487 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 7616 Rainwater Road Southwest has a total of 1,170 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 Oct 24, 2017 for $125,300. That's $107.09 per sqft. 7616 Rainwater Road Southwest was last assessed in 2023. The total value of the property was assessed at $36,393. Specifically, the land the property is located on was valued at $10,934. While improvements on the property were assessed at a total of $25,459. 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 $1,555. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,487
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,170
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DESERT SPRINGS SUBDIVISION
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 36 BLOCK D CORRECTED PLAT FOR DESERT SPRINGS SUBDIVISION UNIT THREE BEING A REPLAT OF TRACT C-1-A DESERT SPRINGS

Ownership

  • Current Owner : MORENO VICTORIANO CEBALLOS
  • Previous Owner : DECEBALLOS MARIA D AGUIRRE
  • Owner Before Previous Owner: ARTISTIC HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Subdivision Tract Number: C-1-A
  • Parcel: 1-010-055-255-220-3-30-39
  • Block: D
  • Lot: 36
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0494
  • Longitude: -106.72

    Address

  • Full Address: 7616 Rainwater Rd Sw
  • Legal Unit: 36
  • Address - House Number: 7616
  • Street Segment Direction: SW
  • Address - Street Name: Rainwater
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C012
  • 4-Digit Zip Code: 8471
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,555
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 243,006
  • High Value: 290,966
  • Low Value: 195,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,677
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 30, 2017
  • First Open Lien Mortgage Loan Amount: $123,677
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $109,190
  • Market Land Value: $32,806
  • Market Improvement Value: $76,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,393
  • Assessed Land Value: $10,934
  • Assessed Improvements Value: $25,459

    Sales

  • Current Sale Contract Date: Oct 24, 2017
  • Current Sale Recording Date: Oct 30, 2017
  • Current Sale Transaction ID: 11295871060
  • Current Sale Price: $125,300
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017103529
  • Previous Sale Recording Date: May 26, 2000
  • Previous Sale Contract Date: May 25, 2000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Oct 30, 2017
  • First Mortgage Loan Amount: $123,677
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047

About Westgate Vecinos



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Frequently Asked Questions

What neighborhood is 7616 Rainwater Road Southwest located in?
The 7616 Rainwater Road Southwest is a located in the neighborhood of Westgate Vecinos in Westgate Vecinos, Albuquerque.
What is the average sales price for listings in 7616 Rainwater Road Southwest?
The average sales price for units in 7616 Rainwater Road Southwest is $0 currently.

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