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7625 Redwood Drive Northwest

7625 Redwood Drive Northwest, Albuquerque, NM 87120
Property in Laurelwoods
Sold May 19, 2021
$125,900
$100,700 by Homeside Financial Llc
Mortgage Due Jun 01, 2051
Sold Jul 26, 2019
$181,100
$178,703 by Guild Mortgage Co
Mortgage Due Aug 01, 2049
7625 Redwood Drive Northwest 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 1987 and is 37 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7625 Redwood Drive Northwest has 2,149 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 4,051 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. 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. Based on our sources, 7625 Redwood Drive Northwest was last sold in May 7, 2021 for $125,900. According to our calculations, that's $58.59 per sqft. Prior to that sales transaction, the property was sold for $181,100 in Jul 25, 2019. Current property owners are expected to pay $2,476 in taxes per year. The property on 7625 Redwood Drive Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $57,945. To break that down further, the land itself was valued at $10,598. While improvements to the property were assessed at a total of $47,347. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,051
  • Total Building Area: 2,149
  • Gross Building Area: 2,149
  • Building Area: 2,149
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,149
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAURELWOOD SUBDIVISION
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: *11 8 AMENDED LAURELWOOD SUBN UNIT 1-B (A PORT OF TR 2 EL RA NCHO ATRISCO PHASE III)

Ownership

  • Current Owner : COLLINS MAXIMILIAN M
  • Previous Owner : COLLINS MAXIMILLIAN M
  • Previous Owner 2: COLLINS THERESA L
  • Owner Before Previous Owner: HERRINGTON RODNEY
  • Owner Before Previous Owner 2: HERRINGTON DENISE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004750

Geography

  • Subdivision Tract Number: 2
  • Parcel: 1-010-058-107-494-2-17-11
  • Block: 8
  • Lot: 11
  • Municipality: ALBUQUERQUE
  • Latitude: 35.1013
  • Longitude: -106.724

    Address

  • Full Address: 7625 Redwood Dr Nw
  • Legal Unit: 11
  • Address - House Number: 7625
  • Street Segment Direction: NW
  • Address - Street Name: Redwood
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R089
  • 4-Digit Zip Code: 4005
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,476
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2196
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 321,510
  • High Value: 392,142
  • Low Value: 250,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,700
  • First Open Lien Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $100,700
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $173,852
  • Market Land Value: $31,798
  • Market Improvement Value: $142,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,945
  • Assessed Land Value: $10,598
  • Assessed Improvements Value: $47,347

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836685654
  • Current Sale Price: $125,900
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2021059222
  • Previous Sale Recording Date: Jul 26, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $181,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESIDE FINANCIAL LLC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $100,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 26, 2019
  • Previous Mortgage Loan Amount: $178,703
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Laurelwoods



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Frequently Asked Questions

What neighborhood is 7625 Redwood Drive Northwest located in?
The 7625 Redwood Drive Northwest is a located in the neighborhood of Laurelwoods in Laurelwoods, Albuquerque.
What is the average sales price for listings in 7625 Redwood Drive Northwest?
The average sales price for units in 7625 Redwood Drive Northwest is $0 currently.

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