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505 Ortiz Dr; Albuquerque, NM Property Details

505 Ortiz Dr, Albuquerque, NM is a Townhouse that was built in 1998. This property is currently Financed and is not for sale. Our records show that 505 Ortiz Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,303 square feet. The lot size of 505 Ortiz Dr is 3,441 square feet.

Off market
505 Ortiz Dr NE Albuquerque, NM 87108
$249,000 Listing Price
3 Beds
2 Baths
1,303 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $314,611
  • Open Loans / Balance: 1 / $227,482
  • Est. Equity / %: $56,518 / 19.9%
  • Gross Yield: 8.527%
  • APN: 1-018-057-020-333-2-17-03
  • Situs County: Bernalillo
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Building Condition: Fair
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,303/SqFt
  • Lot: 3,441/SqFt
  • Living: 1,303/SqFt
  • Building: 1,303/SqFt
  • Ground: 2,606/SqFt
  • Price Per Square Foot: $241.45

Legal Description

  • Description: LT 21-A BLK 7 PLAT OF LTS 20-A, 21-A, 22-A & 23-A BLK 7 TIJE RAS PLACE ADDN CONT 0.0792 AC M/L OR 3,450 SF M/L
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.082005 / -106.585556
  • Subdivision: Tije Ras Place Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1448
  • Bathroom Fixtures: 6
  • Heating: Forced air unit

Ownership Info

505 Ortiz Dr NE has no associated ownership info
505 Ortiz Dr NE has no associated ownership info.

Taxes

505 Ortiz Dr NE has 10 associated Taxes items

505 Ortiz 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 $72,059. The APN we've located for 505 Ortiz Dr is 1-018-057-020-333-2-17-03.

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Taxes
  • Assessed Value:  $72,059
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-018-057-020-333-2-17-03
  • Assessed Land Value:  9999
  • Market Land Value:  30000
  • Tax Amount:  3044.78
  • Tax Year:  2025
  • Market Value:  216200
  • Market Year:  2026

Tax History

505 Ortiz Dr NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $72,059 Land Value $9,999 Improvement Value $62,060 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,044.78 Change Rate -0.033826% Assessed CR Tax Rate
Year 2024 Assessed Value $74,693 Land Value $9,999 Improvement Value $64,694 Tax Amount $3,151.38 Change Rate +0.535147% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $48,038 Land Value $10,926 Improvement Value $37,112 Tax Amount $2,052.82 Change Rate +0.034844% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $46,639 Land Value $10,608 Improvement Value $36,031 Tax Amount $1,983.7 Change Rate +0.03474% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $45,281 Land Value $10,299 Improvement Value $34,982 Tax Amount $1,917.1 Change Rate +0.016641% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $43,962 Land Value $9,999 Improvement Value $33,963 Tax Amount $1,885.72 Change Rate -0.009518% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $44,396 Land Value $9,999 Improvement Value $34,397 Tax Amount $1,903.84 Change Rate +0.033067% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $44,396 Land Value $9,999 Improvement Value $34,397 Tax Amount $1,842.9 Change Rate -0.017675% Assessed CR Tax Rate +0.04151%
Year 2017 Assessed Value $43,262 Land Value $9,999 Improvement Value $33,263 Tax Amount $1,876.06 Change Rate Assessed CR Tax Rate +0.043365%
Year 2016 Assessed Value $44,096 Land Value $9,999 Improvement Value $34,097 Tax Amount $1,876.06 Change Rate -0.957869% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $44,529 Land Value $9,999 Improvement Value $34,530 Tax Amount $44,529 Change Rate +22.340252% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $44,929 Land Value $9,999 Improvement Value $34,930 Tax Amount $1,907.82 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $44,854 Land Value $8,197 Improvement Value $36,657 Tax Amount Change Rate Assessed CR Tax Rate