Large Location Icon

1401 Somerset Dr; Albuquerque, NM Property Details

1401 Somerset Dr, Albuquerque, NM is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 1401 Somerset Dr has 3 bedrooms, and 3 bathrooms, and a total of 1,742 square feet. The lot size of 1401 Somerset Dr is 9,235 square feet.

Off market
1401 Somerset Dr NW Albuquerque, NM 87120
$166,833 Listing Price
3 Beds
3 Baths
1,742 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1993
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $99,635
  • Est. Equity / %: $244,365 / 71.04%
  • Gross Yield: 7.545%
  • APN: 1-009-058-420-427-1-11-08
  • Situs County: Bernalillo
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

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

Measurements

  • Total: 1,742/SqFt
  • Lot: 9,235/SqFt
  • Gross: 1,742/SqFt
  • Living: 1,742/SqFt
  • Building: 1,742/SqFt
  • Ground: 1,742/SqFt
  • Price Per Square Foot: $91.85

Legal Description

  • Description: LT 8-P1 BLK 11 SUBD PLAT FOR PARKWAY UNIT 4 CONT 0.2121 AC M /L OR 9,242 SQ FT M/L
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: 35.099228 / -106.73101
  • Subdivision: Parkway
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5511
  • Bathroom Fixtures: 10

HOA

  • H O A One: $2
  • H O A Amount: $2
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

1401 Somerset Dr NW has no associated ownership info
1401 Somerset Dr NW has no associated ownership info.

Taxes

1401 Somerset Dr NW has 10 associated Taxes items

1401 Somerset Dr, 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 $72,137. The APN we've located for 1401 Somerset Dr is 1-009-058-420-427-1-11-08.

Unlock the full report
Taxes
  • Assessed Value:  $72,137
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-058-420-427-1-11-08
  • Assessed Land Value:  17812
  • Market Land Value:  55044
  • Tax Amount:  3048.08
  • Tax Year:  2025
  • Market Value:  222925
  • Market Year:  2026

Tax History

1401 Somerset Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $74,301 Land Value $18,346 Improvement Value $55,955 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,048.08 Change Rate +0.031534% Assessed CR Tax Rate
Year 2024 Assessed Value $70,036 Land Value $17,293 Improvement Value $52,743 Tax Amount $2,954.9 Change Rate +0.016925% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $67,997 Land Value $16,790 Improvement Value $51,207 Tax Amount $2,905.72 Change Rate +0.03483% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $66,017 Land Value $16,301 Improvement Value $49,716 Tax Amount $2,807.92 Change Rate +0.034751% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $64,094 Land Value $15,826 Improvement Value $48,268 Tax Amount $2,713.62 Change Rate +0.016649% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $62,227 Land Value $15,365 Improvement Value $46,862 Tax Amount $2,669.18 Change Rate +0.000262% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $62,227 Land Value $15,365 Improvement Value $46,862 Tax Amount $2,668.48 Change Rate +0.000026% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $62,227 Land Value $15,365 Improvement Value $46,862 Tax Amount $2,668.41 Change Rate +0.000836% Assessed CR Tax Rate +0.042882%
Year 2017 Assessed Value $62,694 Land Value $15,365 Improvement Value $47,329 Tax Amount $2,666.18 Change Rate +0.157739% Assessed CR Tax Rate +0.042527%
Year 2016 Assessed Value $56,129 Land Value $15,826 Improvement Value $40,303 Tax Amount $2,302.92 Change Rate -0.95774% Assessed CR Tax Rate +0.041029%
Year 2015 Assessed Value $54,494 Land Value $15,365 Improvement Value $39,129 Tax Amount $54,494 Change Rate +23.262472% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $54,894 Land Value $15,365 Improvement Value $39,529 Tax Amount $2,246.02 Change Rate Assessed CR Tax Rate +0.040916%
Year 2013 Assessed Value $54,894 Land Value $15,365 Improvement Value $39,529 Tax Amount Change Rate Assessed CR Tax Rate