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694 Lovato Lane

694 Lovato Lane, Bernalillo, NM 87004
Property in Sandoval
Sold Sep 29, 1998
$26,600
$20,000 by First St Bk
Mortgage
694 Lovato Lane has been categorized by the local assessors in Bernalillo, NM as a residential type of property. In addition, 694 Lovato Lane has 662 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 11,051 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. 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, 694 Lovato Lane was last sold in Jan 1, 1970 for $26,600. According to our calculations, that's $40.18 per sqft. Current property owners are expected to pay $760 in taxes per year. The property on 694 Lovato Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $23,330. To break that down further, the land itself was valued at $5,341. While improvements to the property were assessed at a total of $17,989. 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

  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,051
  • Total Building Area: 662
  • Gross Building Area: 662
  • Building Area: 662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANDS OF C G GEAR
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGAL: S: 31 T: 13N R: 4E SUBD: LANDS OF C G GEAR LOT: B

Ownership

  • Current Owner : TORRES JACK S
  • Current Owner 2: TORRES ANNA M
  • Previous Owner : SELLER OF RECORD

Neighborhood

  • School District Name: Rio Rancho Public Schools
  • School Tax School District: 1I - BERNALILLO
  • Census Tract: 010503

Geography

  • Account Number: R129815
  • District: 1
  • Parcel: R129815
  • Lot: B
  • Meridian: SEC 31 TWN 13N RNG 04E
  • Municipality: BERNALILLO
  • Latitude: 35.3088
  • Longitude: -106.554

    Address

  • Full Address: 694 Lovato Ln
  • Address - House Number: 694
  • Address - Street Name: Lovato
  • Address - Suffix Type: Ln
  • State: NM
  • City Name: Bernalillo
  • Carrier Code: R002
  • 4-Digit Zip Code: 6258
  • Zip Code: 87004

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $760
  • Tax Rate Code Area: 101RHE_R

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 234,495
  • High Value: 272,301
  • Low Value: 196,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $20,000
  • First Open Lien Mortgage Lender: FIRST ST BK
  • First Open Lien Mortgage Recording Date: Sep 29, 1998
  • First Open Lien Mortgage Loan Amount: $20,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $69,990
  • Market Land Value: $16,024
  • Market Improvement Value: $53,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,330
  • Assessed Land Value: $5,341
  • Assessed Improvements Value: $17,989

    Sales

  • Current Sale Recording Date: Sep 29, 1998
  • Current Sale Transaction ID: 11710577089
  • Current Sale Price: $26,600
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ST BK
  • First Mortgage Transaction Date: Sep 29, 1998
  • First Mortgage Loan Amount: $20,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Bernalillo



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  • 2 Baths
  • 1,600 ft²
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Frequently Asked Questions

What neighborhood is 694 Lovato Lane located in?
The 694 Lovato Lane is a located in the neighborhood of Sandoval in Bernalillo, Bernalillo.
What is the average sales price for listings in 694 Lovato Lane?
The average sales price for units in 694 Lovato Lane is $0 currently.

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