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1405 Somerset Dr; Albuquerque, NM Property Details

1405 Somerset Dr, Albuquerque, NM is a Single Family that was built in 1994. This property is currently Financed,Intra-Family and is not for sale. Our records show that 1405 Somerset Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,567 square feet. The lot size of 1405 Somerset Dr is 6,490 square feet.

Off market
1405 Somerset Dr NW Albuquerque, NM 87120
$61,859 Estimated Value
3 Beds
2 Baths
1,567 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $116,700
  • Open Loans / Balance: 1 / $160,017
  • Est. Equity / %: $185,983 / 53.75%
  • Gross Yield: 7.11%
  • APN: 1-009-058-415-432-1-11-07
  • Situs County: Bernalillo
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 1,567/SqFt
  • Lot: 6,490/SqFt
  • Gross: 1,567/SqFt
  • Living: 1,567/SqFt
  • Building: 1,567/SqFt
  • Ground: 3,134/SqFt
  • Price Per Square Foot: $74.47

Legal Description

  • Description: LT 7-P1 BLK 11 SUBD PLAT FOR PARKWAY UNIT 4 CONT 0.1491 AC M /L OR 6,498 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: 35.09937 / -106.73121
  • Subdivision: Parkway
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5511
  • Bathroom Fixtures: 7

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

1405 Somerset Dr NW has no associated ownership info
1405 Somerset Dr NW has no associated ownership info.

Taxes

1405 Somerset Dr NW has 10 associated Taxes items

1405 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 $61,859. The APN we've located for 1405 Somerset Dr is 1-009-058-415-432-1-11-07.

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Taxes
  • Assessed Value:  $61,859
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-058-415-432-1-11-07
  • Assessed Land Value:  14489
  • Market Land Value:  44775
  • Tax Amount:  2106.76
  • Tax Year:  2025
  • Market Value:  191163
  • Market Year:  2026

Tax History

1405 Somerset Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $63,715 Land Value $14,924 Improvement Value $48,791 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,106.76 Change Rate -0.076298% Assessed CR Tax Rate
Year 2024 Assessed Value $60,058 Land Value $14,067 Improvement Value $45,991 Tax Amount $2,280.78 Change Rate +0.020355% Assessed CR Tax Rate +0.037976%
Year 2023 Assessed Value $58,308 Land Value $13,657 Improvement Value $44,651 Tax Amount $2,235.28 Change Rate +0.03838% Assessed CR Tax Rate +0.038336%
Year 2022 Assessed Value $56,611 Land Value $13,260 Improvement Value $43,351 Tax Amount $2,152.66 Change Rate +0.038447% Assessed CR Tax Rate +0.038025%
Year 2021 Assessed Value $54,962 Land Value $12,874 Improvement Value $42,088 Tax Amount $2,072.96 Change Rate +0.020388% Assessed CR Tax Rate +0.037716%
Year 2020 Assessed Value $53,362 Land Value $12,499 Improvement Value $40,863 Tax Amount $2,031.54 Change Rate +0.027525% Assessed CR Tax Rate +0.038071%
Year 2019 Assessed Value $52,105 Land Value $14,067 Improvement Value $38,038 Tax Amount $1,977.12 Change Rate +0.0593% Assessed CR Tax Rate +0.037945%
Year 2018 Assessed Value $52,105 Land Value $14,067 Improvement Value $38,038 Tax Amount $1,866.44 Change Rate +0.017932% Assessed CR Tax Rate +0.035821%
Year 2017 Assessed Value $50,587 Land Value $13,657 Improvement Value $36,930 Tax Amount $1,833.56 Change Rate +0.033865% Assessed CR Tax Rate +0.036246%
Year 2016 Assessed Value $47,685 Land Value $12,874 Improvement Value $34,811 Tax Amount $1,773.5 Change Rate -0.961692% Assessed CR Tax Rate +0.037192%
Year 2015 Assessed Value $46,296 Land Value $12,499 Improvement Value $33,797 Tax Amount $46,296 Change Rate +26.056597% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $46,296 Land Value $12,499 Improvement Value $33,797 Tax Amount $1,711.08 Change Rate Assessed CR Tax Rate +0.03696%
Year 2013 Assessed Value $46,296 Land Value $12,499 Improvement Value $33,797 Tax Amount Change Rate Assessed CR Tax Rate