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1505 Princeton Drive Southeast

1505 Princeton Drive Southeast, Albuquerque, NM 87106
Property in Victory Hills
Sold Oct 03, 2011
$137,500
$110,000 by Carnegie Mortgage Llc
Mortgage Due Oct 01, 2041
1505 Princeton Drive Southeast 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 1950 and is 74 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, 1505 Princeton Drive Southeast has 1,866 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 12,689 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,011 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 plaster. 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. Based on our sources, 1505 Princeton Drive Southeast was last sold in Sep 30, 2011 for $137,500. According to our calculations, that's $73.69 per sqft. Current property owners are expected to pay $2,548 in taxes per year. The property on 1505 Princeton Drive Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,622. To break that down further, the land itself was valued at $15,186. While improvements to the property were assessed at a total of $46,436. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1950
  • Effective Year Built: 1950
  • 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
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 12,689
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,866
  • Gross Building Area: 982
  • Building Area: 1,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,866
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VICTORY ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *0165 VICTORY ADD NO 3

Ownership

  • Current Owner : SEGURA CYNTHIA L
  • Previous Owner : GENTRY FRANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 001201

Geography

  • Parcel: 1-016-056-153-288-2-03-04
  • Lot: 165
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0662
  • Longitude: -106.617

    Address

  • Full Address: 1505 Princeton Dr Se
  • Legal Unit: 165
  • Address - House Number: 1505
  • Street Segment Direction: SE
  • Address - Street Name: Princeton
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C018
  • 4-Digit Zip Code: 3024
  • Zip Code: 87106

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,548
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2232
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 349,470
  • High Value: 427,494
  • Low Value: 271,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: CARNEGIE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 03, 2011
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: Oct 01, 2041

    Market Valuation

  • Market Total Value: $184,885
  • Market Land Value: $45,564
  • Market Improvement Value: $139,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,622
  • Assessed Land Value: $15,186
  • Assessed Improvements Value: $46,436

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2011
  • Current Sale Recording Date: Oct 03, 2011
  • Current Sale Transaction ID: 1120397217
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011089265

    Last Sale Mortgage

  • First Mortgage Lender: CARNEGIE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 03, 2011
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2041

About Victory Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1505 Princeton Drive Southeast located in?
The 1505 Princeton Drive Southeast is a located in the neighborhood of Victory Hills in Victory Hills, Albuquerque.
What is the average sales price for listings in 1505 Princeton Drive Southeast?
The average sales price for units in 1505 Princeton Drive Southeast is $0 currently.

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