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12531 Prospect Ave; Albuquerque, NM Property Details

12531 Prospect Ave, Albuquerque, NM is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 12531 Prospect Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,258 square feet. The lot size of 12531 Prospect Ave is 11,456 square feet.

Off market
12531 Prospect Ave NE Albuquerque, NM 87112
$81,284 Estimated Value
4 Beds
2 Baths
2,258 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $37,400
  • Open Loans / Balance: 3 / $253,666
  • Est. Equity / %: $181,334 / 41.69%
  • Gross Yield: 6.811%
  • APN: 1-022-059-482-188-4-12-16
  • Situs County: Bernalillo
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 2,258/SqFt
  • Lot: 11,456/SqFt
  • Gross: 2,258/SqFt
  • Living: 2,258/SqFt
  • Building: 2,258/SqFt
  • Ground: 4,136/SqFt
  • Price Per Square Foot: $16.56

Legal Description

  • Description: *16 5 REPLAT OF AMENDED & CORRECTED PANORAMA ESTATES UNIT 1
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: 35.105984 / -106.49996
  • Subdivision: Corrected Panorama Estates
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3602
  • Bathroom Fixtures: 7
  • Heating: Forced air unit

Ownership Info

12531 Prospect Ave NE has no associated ownership info
12531 Prospect Ave NE has no associated ownership info.

Taxes

12531 Prospect Ave NE has 10 associated Taxes items

12531 Prospect Ave, 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 $81,284. The APN we've located for 12531 Prospect Ave is 1-022-059-482-188-4-12-16.

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Taxes
  • Assessed Value:  $81,284
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-022-059-482-188-4-12-16
  • Assessed Land Value:  20115
  • Market Land Value:  62162
  • Tax Amount:  3350.08
  • Tax Year:  2025
  • Market Value:  251193
  • Market Year:  2026

Tax History

12531 Prospect Ave NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $83,723 Land Value $20,719 Improvement Value $63,004 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,350.08 Change Rate +0.032306% Assessed CR Tax Rate
Year 2024 Assessed Value $78,918 Land Value $19,530 Improvement Value $59,388 Tax Amount $3,245.24 Change Rate +0.017731% Assessed CR Tax Rate +0.041122%
Year 2023 Assessed Value $76,619 Land Value $18,961 Improvement Value $57,658 Tax Amount $3,188.7 Change Rate +0.035669% Assessed CR Tax Rate +0.041618%
Year 2022 Assessed Value $74,388 Land Value $18,409 Improvement Value $55,979 Tax Amount $3,078.88 Change Rate +0.0356% Assessed CR Tax Rate +0.041389%
Year 2021 Assessed Value $72,222 Land Value $17,873 Improvement Value $54,349 Tax Amount $2,973.04 Change Rate +0.017502% Assessed CR Tax Rate +0.041165%
Year 2020 Assessed Value $70,119 Land Value $17,353 Improvement Value $52,766 Tax Amount $2,921.9 Change Rate +0.031169% Assessed CR Tax Rate +0.041671%
Year 2019 Assessed Value $68,077 Land Value $16,848 Improvement Value $51,229 Tax Amount $2,833.58 Change Rate +0.05452% Assessed CR Tax Rate +0.041623%
Year 2018 Assessed Value $68,077 Land Value $16,848 Improvement Value $51,229 Tax Amount $2,687.08 Change Rate +0.04739% Assessed CR Tax Rate +0.039471%
Year 2017 Assessed Value $66,094 Land Value $16,357 Improvement Value $49,737 Tax Amount $2,565.5 Change Rate Assessed CR Tax Rate +0.038816%
Year 2016 Assessed Value $62,301 Land Value $15,418 Improvement Value $46,883 Tax Amount $2,565.5 Change Rate -0.957586% Assessed CR Tax Rate +0.041179%
Year 2015 Assessed Value $60,487 Land Value $14,970 Improvement Value $45,517 Tax Amount $60,487 Change Rate +24.111261% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $58,726 Land Value $14,534 Improvement Value $44,192 Tax Amount $2,408.76 Change Rate Assessed CR Tax Rate +0.041017%
Year 2013 Assessed Value $57,015 Land Value $14,110 Improvement Value $42,905 Tax Amount Change Rate Assessed CR Tax Rate