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2318 Mares Rd; Albuquerque, NM Property Details

2318 Mares Rd, Albuquerque, NM is a Single Family that was built in 1960. This property is currently Financed,Intra-Family and is not for sale. Our records show that 2318 Mares Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,456 square feet. The lot size of 2318 Mares Rd is 21,344 square feet.

Off market
2318 Mares Rd SW Albuquerque, NM 87105
$39,564 Estimated Value
3 Beds
2 Baths
1,456 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $125,000
  • Open Loans / Balance: 1 / $75,284
  • Est. Equity / %: $204,716 / 73.11%
  • Gross Yield: 8.117%
  • APN: 1-011-055-509-354-1-02-10
  • Situs County: Bernalillo
  • Length Of Ownership: 11 years

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Cover Type: Shingle (Not Wood)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,456/SqFt
  • Lot: 21,344/SqFt
  • Gross: 1,456/SqFt
  • Living: 1,456/SqFt
  • Building: 1,456/SqFt
  • Ground: 2,912/SqFt
  • Price Per Square Foot: $85.85

Legal Description

  • Description: MAP 43 TR 48B1F
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: 35.053608 / -106.69294
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4142
  • Bathroom Fixtures: 6
  • Heating: Yes

Ownership Info

2318 Mares Rd SW has no associated ownership info
2318 Mares Rd SW has no associated ownership info.

Taxes

2318 Mares Rd SW has 10 associated Taxes items

2318 Mares Rd, 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 $39,564. The APN we've located for 2318 Mares Rd is 1-011-055-509-354-1-02-10.

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Taxes
  • Assessed Value:  $39,564
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-011-055-509-354-1-02-10
  • Assessed Land Value:  13909
  • Market Land Value:  42983
  • Tax Amount:  1472.42
  • Tax Year:  2025
  • Market Value:  122265
  • Market Year:  2026

Tax History

2318 Mares Rd SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $40,751 Land Value $14,326 Improvement Value $26,425 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,472.42 Change Rate +0.032828% Assessed CR Tax Rate
Year 2024 Assessed Value $38,412 Land Value $13,504 Improvement Value $24,908 Tax Amount $1,425.62 Change Rate +0.018227% Assessed CR Tax Rate +0.037114%
Year 2023 Assessed Value $37,294 Land Value $13,111 Improvement Value $24,183 Tax Amount $1,400.1 Change Rate +0.062485% Assessed CR Tax Rate +0.037542%
Year 2022 Assessed Value $36,208 Land Value $12,729 Improvement Value $23,479 Tax Amount $1,317.76 Change Rate +0.03404% Assessed CR Tax Rate +0.036394%
Year 2021 Assessed Value $35,154 Land Value $12,359 Improvement Value $22,795 Tax Amount $1,274.38 Change Rate +0.01825% Assessed CR Tax Rate +0.036251%
Year 2020 Assessed Value $34,130 Land Value $11,999 Improvement Value $22,131 Tax Amount $1,251.54 Change Rate +0.000192% Assessed CR Tax Rate +0.03667%
Year 2019 Assessed Value $34,130 Land Value $11,999 Improvement Value $22,131 Tax Amount $1,251.3 Change Rate +0.032494% Assessed CR Tax Rate +0.036663%
Year 2018 Assessed Value $34,130 Land Value $11,999 Improvement Value $22,131 Tax Amount $1,211.92 Change Rate +0.003827% Assessed CR Tax Rate +0.035509%
Year 2017 Assessed Value $33,397 Land Value $11,999 Improvement Value $21,398 Tax Amount $1,207.3 Change Rate Assessed CR Tax Rate +0.03615%
Year 2016 Assessed Value $33,697 Land Value $11,999 Improvement Value $21,698 Tax Amount $1,207.3 Change Rate -0.964172% Assessed CR Tax Rate +0.035828%
Year 2015 Assessed Value $33,697 Land Value $11,999 Improvement Value $21,698 Tax Amount $33,697 Change Rate +33.269993% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $33,963 Land Value $11,999 Improvement Value $21,964 Tax Amount $983.28 Change Rate Assessed CR Tax Rate +0.028952%
Year 2013 Assessed Value $33,465 Land Value $12,496 Improvement Value $20,969 Tax Amount Change Rate Assessed CR Tax Rate