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506 Madison Pl; Albuquerque, NM Property Details

506 Madison Pl, Albuquerque, NM is a Apt House 5+ Units that was built in 1999. This property is currently Financed and is not for sale. Our records show that 506 Madison Pl has 5 bedrooms, and 3 bathrooms, and a total of 2,447 square feet. The lot size of 506 Madison Pl is 5,706 square feet.

Off market
506 Madison Pl SE Albuquerque, NM 87108
$490,000 Listing Price
5 Beds
3 Baths
2,447 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $488,775
  • Open Loans / Balance: 1 / $291,228
  • Est. Equity / %: $257,772 / 46.95%
  • APN: 1-017-056-370-517-1-25-14
  • Situs County: Bernalillo
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

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

Measurements

  • Total: 2,447/SqFt
  • Lot: 5,706/SqFt
  • Gross: 2,447/SqFt
  • Living: 2,447/SqFt
  • Building: 2,447/SqFt
  • Ground: 3,304/SqFt
  • Price Per Square Foot: $199.74

Legal Description

  • Description: * 007 048PARKLAND HILLS ADDN
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.072506 / -106.591995
  • Subdivision: Parkland Hills Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3474
  • Bathroom Fixtures: 9
  • Heating: Forced air unit

HOA

  • H O A One: $460
  • H O A Amount: $460
  • H O A One Frequency: Monthly
  • H O A One Name: Winrock Villas Condominium Association
  • H O A One Type: Condo  Owner Association

Ownership Info

506 Madison Pl SE has no associated ownership info
506 Madison Pl SE has no associated ownership info.

Taxes

506 Madison Pl SE has 10 associated Taxes items

506 Madison Pl, 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 $143,808. The APN we've located for 506 Madison Pl is 1-017-056-370-517-1-25-14.

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Taxes
  • Assessed Value:  $143,808
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-017-056-370-517-1-25-14
  • Assessed Land Value:  12552
  • Market Land Value:  38791
  • Tax Amount:  6076.46
  • Tax Year:  2025
  • Market Value:  444411
  • Market Year:  2026

Tax History

506 Madison Pl SE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $148,122 Land Value $12,929 Improvement Value $135,193 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $6,076.46 Change Rate +0.031534% Assessed CR Tax Rate
Year 2024 Assessed Value $139,620 Land Value $12,187 Improvement Value $127,433 Tax Amount $5,890.7 Change Rate +0.016939% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $135,553 Land Value $11,832 Improvement Value $123,721 Tax Amount $5,792.58 Change Rate +0.69572% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $80,314 Land Value $13,316 Improvement Value $66,998 Tax Amount $3,416 Change Rate +0.034725% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $77,976 Land Value $12,929 Improvement Value $65,047 Tax Amount $3,301.36 Change Rate +0.01666% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $75,704 Land Value $12,552 Improvement Value $63,152 Tax Amount $3,247.26 Change Rate +0.030248% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $73,500 Land Value $12,187 Improvement Value $61,313 Tax Amount $3,151.92 Change Rate +0.051257% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $73,500 Land Value $12,187 Improvement Value $61,313 Tax Amount $2,998.24 Change Rate +0.014036% Assessed CR Tax Rate +0.040792%
Year 2017 Assessed Value $71,359 Land Value $11,832 Improvement Value $59,527 Tax Amount $2,956.74 Change Rate -0.000426% Assessed CR Tax Rate +0.041435%
Year 2016 Assessed Value $69,526 Land Value $11,832 Improvement Value $57,694 Tax Amount $2,958 Change Rate -0.957455% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $69,526 Land Value $11,832 Improvement Value $57,694 Tax Amount $69,526 Change Rate +22.549934% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $69,526 Land Value $11,832 Improvement Value $57,694 Tax Amount $2,952.28 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $69,526 Land Value $11,832 Improvement Value $57,694 Tax Amount Change Rate Assessed CR Tax Rate