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12408 Rainier Way; Albuquerque, NM Property Details

12408 Rainier Way, Albuquerque, NM is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 12408 Rainier Way has 3 bedrooms, and 2 bathrooms, and a total of 2,100 square feet. The lot size of 12408 Rainier Way is 4,966 square feet.

Off market
12408 Rainier Way NE Albuquerque, NM 87111
$370,000 Listing Price
3 Beds
2 Baths
2,100 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1998
  • Purchase Price: $393,680
  • Open Loans / Balance: 1 / $280,110
  • Est. Equity / %: $144,890 / 34.09%
  • Gross Yield: 7.601%
  • APN: 1-022-060-476-129-4-16-24
  • Situs County: Bernalillo
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 2
  • Building Condition: Fair
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,100/SqFt
  • Lot: 4,966/SqFt
  • Gross: 2,100/SqFt
  • Living: 2,100/SqFt
  • Building: 2,100/SqFt
  • Ground: 1,820/SqFt
  • Price Per Square Foot: $187.47

Legal Description

  • Description: LT 200 PLAT FOR TRAMWAY HIGHLANDS SUBDIVISION CONT 0.1136 AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.1197 / -106.49949
  • Subdivision: Plat For Tramway Highlands Subdivision
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7271
  • Bathroom Fixtures: 7
  • Heating: Forced air unit

HOA

  • H O A One: $60
  • H O A Two: $75
  • H O A Amount: $135
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Tramway Highpoint Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Cauwells & Associates
  • H O A Two Type: Home Owner Association

Ownership Info

12408 Rainier Way NE has no associated ownership info
12408 Rainier Way NE has no associated ownership info.

Taxes

12408 Rainier Way NE has 10 associated Taxes items

12408 Rainier Way, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $117,748. The APN we've located for 12408 Rainier Way is 1-022-060-476-129-4-16-24.

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Taxes
  • Assessed Value:  $117,748
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-022-060-476-129-4-16-24
  • Assessed Land Value:  14144
  • Market Land Value:  40000
  • Tax Amount:  4975.32
  • Tax Year:  2025
  • Market Value:  356100
  • Market Year:  2026

Tax History

12408 Rainier Way NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $118,688 Land Value $13,332 Improvement Value $105,356 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,975.32 Change Rate +0.031531% Assessed CR Tax Rate
Year 2024 Assessed Value $114,319 Land Value $13,732 Improvement Value $100,587 Tax Amount $4,823.24 Change Rate +0.016939% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $110,989 Land Value $13,332 Improvement Value $97,657 Tax Amount $4,742.9 Change Rate +0.608613% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $71,321 Land Value $14,144 Improvement Value $57,177 Tax Amount $2,948.44 Change Rate +0.035652% Assessed CR Tax Rate +0.04134%
Year 2021 Assessed Value $69,243 Land Value $13,732 Improvement Value $55,511 Tax Amount $2,846.94 Change Rate +0.017549% Assessed CR Tax Rate +0.041115%
Year 2020 Assessed Value $67,227 Land Value $13,332 Improvement Value $53,895 Tax Amount $2,797.84 Change Rate +0.007374% Assessed CR Tax Rate +0.041618%
Year 2019 Assessed Value $66,766 Land Value $15,455 Improvement Value $51,311 Tax Amount $2,777.36 Change Rate +0.054539% Assessed CR Tax Rate +0.041598%
Year 2018 Assessed Value $66,766 Land Value $15,455 Improvement Value $51,311 Tax Amount $2,633.72 Change Rate +0.047421% Assessed CR Tax Rate +0.039447%
Year 2017 Assessed Value $64,822 Land Value $15,005 Improvement Value $49,817 Tax Amount $2,514.48 Change Rate Assessed CR Tax Rate +0.038791%
Year 2016 Assessed Value $61,102 Land Value $14,144 Improvement Value $46,958 Tax Amount $2,514.48 Change Rate -0.957613% Assessed CR Tax Rate +0.041152%
Year 2015 Assessed Value $59,322 Land Value $13,732 Improvement Value $45,590 Tax Amount $59,322 Change Rate +24.128986% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $57,594 Land Value $13,332 Improvement Value $44,262 Tax Amount $2,360.7 Change Rate Assessed CR Tax Rate +0.040989%
Year 2013 Assessed Value $57,594 Land Value $13,332 Improvement Value $44,262 Tax Amount Change Rate Assessed CR Tax Rate