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8516 Mesa Real Avenue Southwest

8516 Mesa Real Avenue Southwest, Albuquerque, NM 87121
Property in Westgate Heights
Sold Apr 27, 2021
$352,500
$282,000 by Reverse Mortgage Funding Llc
Mortgage Due Dec 29, 2104
Sold Aug 26, 2004
$146,000
$116,837 by Suburban Mortgage Co Of New Me
Mortgage Due Sep 01, 2034
8516 Mesa Real Avenue Southwest 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 2004 and is 20 years old. The home has a total of 5 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, 8516 Mesa Real Avenue Southwest has 1,535 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 5,706 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. 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. Based on our sources, 8516 Mesa Real Avenue Southwest was last sold in Apr 22, 2021 for $352,500. According to our calculations, that's $229.64 per sqft. Prior to that sales transaction, the property was sold for $146,000 in Aug 24, 2004. Current property owners are expected to pay $2,049 in taxes per year. The property on 8516 Mesa Real Avenue Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $49,946. To break that down further, the land itself was valued at $12,919. While improvements to the property were assessed at a total of $37,027. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,706
  • Total Building Area: 1,535
  • Gross Building Area: 1,535
  • Building Area: 1,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,535
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PLAT OF LA MESILLA SUBDIVISION
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 36 P-1 PLAT OF LA MESILLA SUBDIVISION CONT .1306 AC

Ownership

  • Current Owner : RAMIREZ GEORGE
  • Current Owner 2: RAMIREZ VIDALITA L
  • Previous Owner : RAMIREZ GEORGE
  • Previous Owner 2: RAMIREZ VIDALITA L
  • Owner Before Previous Owner: ARTISTIC HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004762

Geography

  • Parcel: 1-009-055-506-513-1-24-01
  • Lot: 36
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0578
  • Longitude: -106.729

    Address

  • Full Address: 8516 Mesa Real Ave Sw
  • Legal Unit: 36
  • Address - House Number: 8516
  • Street Segment Direction: SW
  • Address - Street Name: Mesa Real
  • Address - Suffix Type: Ave
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C030
  • 4-Digit Zip Code: 7982
  • Zip Code: 87121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,049
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 275,059
  • High Value: 329,345
  • Low Value: 220,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,000
  • First Open Lien Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $282,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Dec 29, 2104

    Market Valuation

  • Market Total Value: $149,851
  • Market Land Value: $38,760
  • Market Improvement Value: $111,091

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,946
  • Assessed Land Value: $12,919
  • Assessed Improvements Value: $37,027

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11835370419
  • Current Sale Price: $352,500
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021049900
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Contract Date: Aug 24, 2004
  • Previous Sale Amount: $146,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REVERSE MORTGAGE FUNDING LLC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $282,000
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Mortgage Loan Due Date: Dec 29, 2104

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUBURBAN MORTGAGE CO OF NEW ME
  • Previous Mortgage Transaction Date: Aug 26, 2004
  • Previous Mortgage Loan Amount: $116,837
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2034

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Frequently Asked Questions

What neighborhood is 8516 Mesa Real Avenue Southwest located in?
The 8516 Mesa Real Avenue Southwest is a located in the neighborhood of Westgate Heights in Westgate Heights, Albuquerque.
What is the average sales price for listings in 8516 Mesa Real Avenue Southwest?
The average sales price for units in 8516 Mesa Real Avenue Southwest is $0 currently.

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