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8708 Cherry Hills Road Northeast

8708 Cherry Hills Road Northeast, Albuquerque, NM 87111
Sold Aug 04, 2022
Transfer
Sold Nov 09, 2021
$375,000
$300,000 by Waterstone Mortgage Corp
Mortgage Due Dec 01, 2036
8708 Cherry Hills Road Northeast has been categorized by the local assessors in Albuquerque, NM as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8708 Cherry Hills Road Northeast has 1,872 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,144 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. The building has a flat style roof made of tar and gravel. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $375,000 in Nov 5, 2021. Current property owners are expected to pay $4,855 in taxes per year. The property on 8708 Cherry Hills Road Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $113,622. To break that down further, the land itself was valued at $18,998. While improvements to the property were assessed at a total of $94,624. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,144
  • Total Building Area: 1,872
  • Gross Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,872
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHERRY HILLS ADDN
  • Land Acres: 0.164
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: * 007 013CHERRY HILLS UNIT # 2 ADDN

Ownership

  • Current Owner : GREAT ROADRUNNER LLC
  • Previous Owner : PETERSON
  • Previous Owner 2: STEPHANIE
  • Owner Before Previous Owner: SCARBERRY RANDALL EUGENE
  • Owner Before Previous Owner 2: SCARBERRY LARA JENNIFER
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003715

Geography

  • Parcel: 1-020-062-161-488-2-01-20
  • Block: 13
  • Lot: 7
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1587
  • Longitude: -106.546

    Address

  • Full Address: 8708 Cherry Hills Rd Ne
  • Legal Unit: 7
  • Address - House Number: 8708
  • Street Segment Direction: NE
  • Address - Street Name: Cherry Hills
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C030
  • 4-Digit Zip Code: 1033
  • Zip Code: 87111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,855
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 434,281
  • High Value: 525,604
  • Low Value: 342,957

    Market Valuation

  • Market Total Value: $340,900
  • Market Land Value: $57,000
  • Market Improvement Value: $283,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,622
  • Assessed Land Value: $18,998
  • Assessed Improvements Value: $94,624

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11894421643
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 71978
  • Previous Sale Recording Date: Nov 09, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WATERSTONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 09, 2021
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Cherry Hills



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Unit for rent at 7209 Boxwood Ave Ne, Albuquerque, NM, 87113

$2,250 /mo

  • 3 Beds
  • 2.5 Baths
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7209 Boxwood Ave Ne #7209 Boxwood Ave NE, Albuquerque, NM, 87113 Listing by Manager

Frequently Asked Questions

What neighborhood is 8708 Cherry Hills Road Northeast located in?
The 8708 Cherry Hills Road Northeast is a house located in the neighborhood of Cherry Hills in Cherry Hills, Albuquerque.
What is the average sales price for listings in 8708 Cherry Hills Road Northeast?
The average sales price for units in 8708 Cherry Hills Road Northeast is $375,000 , or $169/sqft. currently.

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