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506 Ortiz Dr; Albuquerque, NM Property Details

506 Ortiz Dr, Albuquerque, NM is a Townhouse that was built in 1979. This property is currently Financed and is for sale. Our records show that 506 Ortiz Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,412 square feet. The lot size of 506 Ortiz Dr is 3,485 square feet.

On Market for 18 days
506 Ortiz Dr NE Albuquerque, NM 87108
$278,000 Listing Price
2 Beds
2 Baths
1,412 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1979
  • Purchase Price: $263,793
  • Open Loans / Balance: 1 / $252,272
  • Est. Equity / %: $39,728 / 13.61%
  • Gross Yield: 8.642%
  • APN: 1-018-057-038-340-2-18-01
  • Situs County: Bernalillo
  • Length Of Ownership: 3 years, 2 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,412/SqFt
  • Lot: 3,485/SqFt
  • Living: 1,412/SqFt
  • Building: 1,412/SqFt
  • Ground: 2,824/SqFt
  • Price Per Square Foot: $186.82

Legal Description

  • Description: * D 8 REPLAT OF LOTS 7 THRU 12 BLK 8 TIJERAS PLACE ADDN
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.08217 / -106.58502
  • Subdivision: Tijeras Place Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1449
  • Bathroom Fixtures: 6
  • Heating: Forced air unit

Ownership Info

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

Taxes

506 Ortiz Dr NE has 10 associated Taxes items

506 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 $82,186. The APN we've located for 506 Ortiz Dr is 1-018-057-038-340-2-18-01.

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Taxes
  • Assessed Value:  $82,186
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-018-057-038-340-2-18-01
  • Assessed Land Value:  10299
  • Market Land Value:  31827
  • Tax Amount:  3472.7
  • Tax Year:  2025
  • Market Value:  253979
  • Market Year:  2026

Tax History

506 Ortiz Dr NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $84,651 Land Value $10,608 Improvement Value $74,043 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,472.7 Change Rate +0.031546% Assessed CR Tax Rate
Year 2024 Assessed Value $79,792 Land Value $9,999 Improvement Value $69,793 Tax Amount $3,366.5 Change Rate +0.435987% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $54,861 Land Value $9,999 Improvement Value $44,862 Tax Amount $2,344.38 Change Rate +0.378966% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $41,972 Land Value $10,608 Improvement Value $31,364 Tax Amount $1,700.1 Change Rate +0.036255% Assessed CR Tax Rate +0.040506%
Year 2021 Assessed Value $40,750 Land Value $10,299 Improvement Value $30,451 Tax Amount $1,640.62 Change Rate +0.018234% Assessed CR Tax Rate +0.040261%
Year 2020 Assessed Value $39,563 Land Value $9,999 Improvement Value $29,564 Tax Amount $1,611.24 Change Rate +0.000261% Assessed CR Tax Rate +0.040726%
Year 2019 Assessed Value $39,563 Land Value $9,999 Improvement Value $29,564 Tax Amount $1,610.82 Change Rate +0.037632% Assessed CR Tax Rate +0.040715%
Year 2018 Assessed Value $39,563 Land Value $9,999 Improvement Value $29,564 Tax Amount $1,552.4 Change Rate +0.036564% Assessed CR Tax Rate +0.039239%
Year 2017 Assessed Value $38,629 Land Value $9,999 Improvement Value $28,630 Tax Amount $1,497.64 Change Rate Assessed CR Tax Rate +0.03877%
Year 2016 Assessed Value $37,201 Land Value $10,214 Improvement Value $26,987 Tax Amount $1,497.64 Change Rate -0.958535% Assessed CR Tax Rate +0.040258%
Year 2015 Assessed Value $36,118 Land Value $9,917 Improvement Value $26,201 Tax Amount $36,118 Change Rate +24.72324% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $35,066 Land Value $9,628 Improvement Value $25,438 Tax Amount $1,404.1 Change Rate Assessed CR Tax Rate +0.040042%
Year 2013 Assessed Value $34,046 Land Value $9,348 Improvement Value $24,698 Tax Amount Change Rate Assessed CR Tax Rate