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406 Cornell Dr; Albuquerque, NM Property Details

406 Cornell Dr, Albuquerque, NM is a Single Family that was built in 1930. This property is currently Financed,New Construction and is not for sale. Our records show that 406 Cornell Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,575 square feet. The lot size of 406 Cornell Dr is 7,100 square feet.

Off market
406 Cornell Dr SE Albuquerque, NM 87106
$315,000 Listing Price
2 Beds
2 Baths
1,575 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Purchase Price: $315,000
  • Open Loans / Balance: 1 / $222,926
  • Est. Equity / %: $232,074 / 51.01%
  • Gross Yield: 5.288%
  • APN: 1-016-057-083-084-3-07-15
  • Situs County: Bernalillo
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Building Condition: Poor
  • Building Quality: D
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,575/SqFt
  • Lot: 7,100/SqFt
  • Gross: 1,575/SqFt
  • Living: 1,575/SqFt
  • Basement: 9,731/SqFt
  • Building: 1,575/SqFt
  • Ground: 3,150/SqFt
  • Price Per Square Foot: $200.00

Legal Description

  • Description: * 003 012UNIVERSITY HTS ADD
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: 35.075066 / -106.61921
  • Subdivision: University Hts Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3595
  • Bathroom Fixtures: 6
  • Heating: Yes

HOA

  • H O A One Name: Sierra Norte
  • H O A One Type: Home Owner Association

Ownership Info

406 Cornell Dr SE has no associated ownership info
406 Cornell Dr SE has no associated ownership info.

Taxes

406 Cornell Dr SE has 10 associated Taxes items

406 Cornell 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 $122,380. The APN we've located for 406 Cornell Dr is 1-016-057-083-084-3-07-15.

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Taxes
  • Assessed Value:  $122,380
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-016-057-083-084-3-07-15
  • Assessed Land Value:  17574
  • Market Land Value:  54307
  • Tax Amount:  5171.06
  • Tax Year:  2025
  • Market Value:  378190
  • Market Year:  2026

Tax History

406 Cornell Dr SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $126,051 Land Value $18,101 Improvement Value $107,950 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,171.06 Change Rate +0.031538% Assessed CR Tax Rate
Year 2024 Assessed Value $118,816 Land Value $17,062 Improvement Value $101,754 Tax Amount $5,012.96 Change Rate +0.016939% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $115,355 Land Value $16,565 Improvement Value $98,790 Tax Amount $4,929.46 Change Rate +0.004704% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $115,355 Land Value $16,565 Improvement Value $98,790 Tax Amount $4,906.38 Change Rate +0.347026% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $86,031 Land Value $17,062 Improvement Value $68,969 Tax Amount $3,642.38 Change Rate +0.016652% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $83,525 Land Value $16,565 Improvement Value $66,960 Tax Amount $3,582.72 Change Rate +0.698261% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $51,195 Land Value $19,203 Improvement Value $31,992 Tax Amount $2,109.64 Change Rate +0.055005% Assessed CR Tax Rate +0.041208%
Year 2018 Assessed Value $51,195 Land Value $19,203 Improvement Value $31,992 Tax Amount $1,999.65 Change Rate +0.016506% Assessed CR Tax Rate +0.039059%
Year 2017 Assessed Value $49,704 Land Value $18,643 Improvement Value $31,061 Tax Amount $1,967.18 Change Rate +0.030898% Assessed CR Tax Rate +0.039578%
Year 2016 Assessed Value $46,852 Land Value $17,574 Improvement Value $29,278 Tax Amount $1,908.22 Change Rate -0.958049% Assessed CR Tax Rate +0.040729%
Year 2015 Assessed Value $45,487 Land Value $17,062 Improvement Value $28,425 Tax Amount $45,487 Change Rate +24.40719% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $44,162 Land Value $16,565 Improvement Value $27,597 Tax Amount $1,790.32 Change Rate Assessed CR Tax Rate +0.04054%
Year 2013 Assessed Value $44,162 Land Value $16,565 Improvement Value $27,597 Tax Amount Change Rate Assessed CR Tax Rate