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5728 Teakwood Trail Northeast

5728 Teakwood Trail Northeast, Albuquerque, NM 87111
Sold Aug 09, 2021
$440,000
$352,000 by First National Bank
Mortgage Due Sep 01, 2051
Sold Aug 30, 2005
$269,600
$266,000 by First Community Mortgage
Mortgage Due Sep 01, 2035
5728 Teakwood Trail 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 1986 and is 38 years old. The home has a total of 4 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, 5728 Teakwood Trail Northeast has 2,226 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 9,757 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. 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, the home is utilizing gas. 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, 5728 Teakwood Trail Northeast was last sold in Aug 6, 2021 for $440,000. According to our calculations, that's $197.66 per sqft. Prior to that sales transaction, the property was sold for $269,600 in Aug 26, 2005. Current property owners are expected to pay $6,075 in taxes per year. The property on 5728 Teakwood Trail Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $142,152. To break that down further, the land itself was valued at $23,031. While improvements to the property were assessed at a total of $119,121. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • 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: 9,757
  • Total Building Area: 2,226
  • Gross Building Area: 2,226
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,226
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEPPERTREE SUBD
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: * 9 2 PEPPERTREE SUBD UNIT #1

Ownership

  • Current Owner : HARNICK KARI S
  • Current Owner 2: GRAEBER JARON F
  • Previous Owner : ALBERT HAROLD B
  • Previous Owner 2: ALBERT CAROLE M
  • Owner Before Previous Owner: MCLAIN LYNN R
  • Owner Before Previous Owner 2: MCLAIN MARGARET ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 003737

Geography

  • Parcel: 1-022-062-437-067-4-03-03
  • Block: 2
  • Lot: 9
  • Municipality: ALBUQUERQUE
  • Latitude: 35.147
  • Longitude: -106.501

    Address

  • Full Address: 5728 Teakwood Trl Ne
  • Legal Unit: 9
  • Address - House Number: 5728
  • Street Segment Direction: NE
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Trl
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C039
  • 4-Digit Zip Code: 6225
  • Zip Code: 87111

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,075
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 562,091
  • High Value: 681,418
  • Low Value: 442,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $352,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $352,000
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $426,500
  • Market Land Value: $69,100
  • Market Improvement Value: $357,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,152
  • Assessed Land Value: $23,031
  • Assessed Improvements Value: $119,121

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11850303845
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021093524
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Contract Date: Aug 26, 2005
  • Previous Sale Amount: $269,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COMMUNITY MORTGAGE
  • Previous Mortgage Transaction Date: Aug 30, 2005
  • Previous Mortgage Loan Amount: $266,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Peppertree-Royal Oak



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Frequently Asked Questions

What neighborhood is 5728 Teakwood Trail Northeast located in?
The 5728 Teakwood Trail Northeast is a located in the neighborhood of Peppertree-Royal Oak in Peppertree-Royal Oak, Albuquerque.
What is the average sales price for listings in 5728 Teakwood Trail Northeast?
The average sales price for units in 5728 Teakwood Trail Northeast is $0 currently.

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