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1408 Somerset Dr; Albuquerque, NM Property Details

1408 Somerset Dr, Albuquerque, NM is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 1408 Somerset Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,742 square feet. The lot size of 1408 Somerset Dr is 6,403 square feet.

Off market
1408 Somerset Dr NW Albuquerque, NM 87120
$154,585 Listing Price
3 Beds
2 Baths
1,742 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1994
  • Purchase Price: $159,600
  • Open Loans / Balance: 1 / $119,419
  • Est. Equity / %: $203,581 / 63.03%
  • Gross Yield: 8.463%
  • APN: 1-009-058-420-448-1-10-07
  • Situs County: Bernalillo
  • Length Of Ownership: 7 months

Rooms

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

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: 6,403/SqFt
  • Gross: 1,742/SqFt
  • Living: 1,742/SqFt
  • Building: 1,742/SqFt
  • Ground: 1,742/SqFt
  • Price Per Square Foot: $91.62

Legal Description

  • Description: LT 7-P1 BLK 10 SUBD PLAT FOR PARKWAY UNIT 4 CONT 0.1470 AC M /L OR 6,406 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: 35.09977 / -106.73105
  • Subdivision: Parkway
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5510
  • 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

1408 Somerset Dr NW has no associated ownership info
1408 Somerset Dr NW has no associated ownership info.

Taxes

1408 Somerset Dr NW has 10 associated Taxes items

1408 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 $68,544. The APN we've located for 1408 Somerset Dr is 1-009-058-420-448-1-10-07.

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Taxes
  • Assessed Value:  $68,544
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-058-420-448-1-10-07
  • Assessed Land Value:  14373
  • Market Land Value:  44416
  • Tax Amount:  2896.24
  • Tax Year:  2025
  • Market Value:  211820
  • Market Year:  2026

Tax History

1408 Somerset Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $70,600 Land Value $14,804 Improvement Value $55,796 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,896.24 Change Rate +0.031535% Assessed CR Tax Rate
Year 2024 Assessed Value $66,547 Land Value $13,954 Improvement Value $52,593 Tax Amount $2,807.7 Change Rate +0.016922% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $64,610 Land Value $13,548 Improvement Value $51,062 Tax Amount $2,760.98 Change Rate +0.034842% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $62,728 Land Value $13,154 Improvement Value $49,574 Tax Amount $2,668.02 Change Rate +0.034734% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $60,902 Land Value $12,771 Improvement Value $48,131 Tax Amount $2,578.46 Change Rate +0.016647% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $59,128 Land Value $12,399 Improvement Value $46,729 Tax Amount $2,536.24 Change Rate -0.007568% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $59,594 Land Value $12,399 Improvement Value $47,195 Tax Amount $2,555.58 Change Rate +0.00753% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $59,594 Land Value $12,399 Improvement Value $47,195 Tax Amount $2,536.48 Change Rate +0.000837% Assessed CR Tax Rate +0.042563%
Year 2017 Assessed Value $59,594 Land Value $12,399 Improvement Value $47,195 Tax Amount $2,534.36 Change Rate -0.01313% Assessed CR Tax Rate +0.042527%
Year 2016 Assessed Value $60,361 Land Value $12,399 Improvement Value $47,962 Tax Amount $2,568.08 Change Rate -0.949376% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $50,729 Land Value $12,399 Improvement Value $38,330 Tax Amount $50,729 Change Rate +22.549974% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $50,729 Land Value $12,399 Improvement Value $38,330 Tax Amount $2,154.1 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $50,729 Land Value $12,399 Improvement Value $38,330 Tax Amount Change Rate Assessed CR Tax Rate