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8309 La Caverna Avenue Northeast

8309 La Caverna Avenue Northeast, Albuquerque, NM 87122
Property in Nor Este
Sold Dec 01, 2022
Transfer
Buyer
Seller
Sold Oct 30, 2017
$262,500
$210,000 by Academy Mortgage Corp
Mortgage Due Nov 01, 2047
Local assessors in Albuquerque, NM have categorized 8309 La Caverna Avenue 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 10,280 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 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 8309 La Caverna Avenue Northeast has a total of 2,771 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. Before that, the property was also sold for $262,500 in Oct 27, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,177 in taxes each year. 8309 La Caverna Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,552. If we break it down further, the land itself was valued at $25,864. Improvements to the property, however, were assessed at a total of $118,688. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

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: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 10,280
  • Total Building Area: 2,771
  • Gross Building Area: 2,771
  • Building Area: 2,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,771
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LA CUEVA VILLAGE
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 8 SUBDIVISION PLAT OF LA CUEVA VILLAGE UNIT 2 CONT .2363 AC

Ownership

  • Current Owner : CHEN JINGYU
  • Previous Owner : FAN JUNYAN
  • Owner Before Previous Owner: SAWAYA JOE J
  • Owner Before Previous Owner 2: SAWAYA CAROLYN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003743

Geography

  • Parcel: 1-019-064-508-121-4-14-34
  • Lot: 8
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1769
  • Longitude: -106.551

    Address

  • Full Address: 8309 La Caverna Ave Ne
  • Legal Unit: 8
  • Address - House Number: 8309
  • Street Segment Direction: NE
  • Address - Street Name: La Caverna
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C010
  • 4-Digit Zip Code: 1380
  • Zip Code: 87122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,177
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 615,778
  • High Value: 747,169
  • Low Value: 484,387

    Market Valuation

  • Market Total Value: $433,700
  • Market Land Value: $77,600
  • Market Improvement Value: $356,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,552
  • Assessed Land Value: $25,864
  • Assessed Improvements Value: $118,688

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Transaction ID: 11899558023
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 103268
  • Previous Sale Recording Date: Oct 30, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 30, 2017
  • Previous Mortgage Loan Amount: $210,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Nor Este



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Frequently Asked Questions

What neighborhood is 8309 La Caverna Avenue Northeast located in?
The 8309 La Caverna Avenue Northeast is a located in the neighborhood of Nor Este in Nor Este, Albuquerque.
What is the average sales price for listings in 8309 La Caverna Avenue Northeast?
The average sales price for units in 8309 La Caverna Avenue Northeast is $0 currently.

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