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8508 D Reed Court Northeast

8508 D Reed Court Northeast, Albuquerque, NM 87122
Property in Nor Este
Sold Dec 28, 2020
$365,000
$292,000 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2051
Sold Dec 13, 2016
$322,000
$257,600 by Pnc Mortgage Llc
Mortgage Due Jan 01, 2032
Local assessors in Albuquerque, NM have categorized 8508 D Reed Court Northeast as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 10,411 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 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 8508 D Reed Court Northeast has a total of 2,050 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 building has a roof that is made of concrete. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home has been utilizing gas for fuel. The property was last sold in Dec 28, 2020 for $365,000. That's $178.05 per sqft. Prior to that sales transaction, the property was also sold in Dec 8, 2016 for $322,000. 8508 D Reed Court Northeast was last assessed in 2023. The total value of the property was assessed at $126,435. Specifically, the land the property is located on was valued at $31,930. While improvements on the property were assessed at a total of $94,505. 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 $5,317. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,411
  • Total Building Area: 2,050
  • Gross Building Area: 2,050
  • Building Area: 2,050
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,050
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NOR ESTE MANOR
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 26 BLK C NOR ESTE MANOR BLKS A THRU E AND TRS A & B CONT 10,410 SQ FT

Ownership

  • Current Owner : BUSTER MILES
  • Current Owner 2: BUSTER JORDAN L
  • Previous Owner : SCHMITZ CHRISTOPHER J
  • Previous Owner 2: SCHMITZ SARAH
  • Owner Before Previous Owner: SCHMITZ CHRISTOPHER J
  • Owner Before Previous Owner 2: SCHMITZ LEO G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 1-019-064-434-258-4-09-24
  • Block: C,A
  • Lot: 26
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1813
  • Longitude: -106.554

    Address

  • Full Address: 8508 D Reed Ct Ne
  • Legal Unit: 26
  • Address - House Number: 8508
  • Street Segment Direction: NE
  • Address - Street Name: D Reed
  • Address - Suffix Type: Ct
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C010
  • 4-Digit Zip Code: 2829
  • Zip Code: 87122

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,317
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 486,010
  • High Value: 589,712
  • Low Value: 382,308

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $292,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $292,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $379,341
  • Market Land Value: $95,799
  • Market Improvement Value: $283,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,435
  • Assessed Land Value: $31,930
  • Assessed Improvements Value: $94,505

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 28, 2020
  • Current Sale Transaction ID: 11810405044
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020131771
  • Previous Sale Recording Date: Dec 13, 2016
  • Previous Sale Contract Date: Dec 08, 2016
  • Previous Sale Amount: $322,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 28, 2020
  • First Mortgage Loan Amount: $292,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 13, 2016
  • Previous Mortgage Loan Amount: $257,600
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2032

About Nor Este



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Frequently Asked Questions

What neighborhood is 8508 D Reed Court Northeast located in?
The 8508 D Reed Court Northeast is a located in the neighborhood of Nor Este in Nor Este, Albuquerque.
What is the average sales price for listings in 8508 D Reed Court Northeast?
The average sales price for units in 8508 D Reed Court Northeast is $0 currently.

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