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516 Bright Way; Albuquerque, NM Property Details

516 Bright Way, Albuquerque, NM is a Residential General that was built in 2002. This property is currently a cash purchase and is not for sale. Our records show that 516 Bright Way has 3 bedrooms, and 2 bathrooms, and a total of 1,301 square feet. The lot size of 516 Bright Way is 11,195 square feet.

Off market
516 Bright Way NW Albuquerque, NM 87105
$44,252 Estimated Value
3 Beds
2 Baths
1,301 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2002
  • Est. Equity / %: $311,000 / 100%
  • Gross Yield: 7.088%
  • APN: 1-012-058-045-094-3-08-28
  • Situs County: Bernalillo
  • Length Of Ownership: 15 years, 8 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: 1,301/SqFt
  • Lot: 11,195/SqFt
  • Gross: 1,374/SqFt
  • Living: 1,301/SqFt
  • Building: 1,301/SqFt
  • Ground: 2,748/SqFt

Legal Description

  • Description: LOT 6-P1 PLAT OF LOTS 1-P1 THROUGH 6-P1 CONSTANCIA SUBDIVISION CONT .2574 AC
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.09001 / -106.69083
  • Subdivision: Constancia Subdivision
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3722
  • Bathroom Fixtures: 8
  • Heating: Forced air unit

Ownership Info

516 Bright Way NW has no associated ownership info
516 Bright Way NW has no associated ownership info.

Taxes

516 Bright Way NW has 10 associated Taxes items

516 Bright Way, 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 $44,252. The APN we've located for 516 Bright Way is 1-012-058-045-094-3-08-28.

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Taxes
  • Assessed Value:  $44,252
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-012-058-045-094-3-08-28
  • Assessed Land Value:  16975
  • Market Land Value:  52458
  • Tax Amount:  2138.4
  • Tax Year:  2025
  • Market Value:  136752
  • Market Year:  2026

Tax History

516 Bright Way NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $45,579 Land Value $17,484 Improvement Value $28,095 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,138.4 Change Rate +0.03132% Assessed CR Tax Rate
Year 2024 Assessed Value $42,964 Land Value $16,481 Improvement Value $26,483 Tax Amount $2,073.46 Change Rate +0.018579% Assessed CR Tax Rate +0.04826%
Year 2023 Assessed Value $41,712 Land Value $16,001 Improvement Value $25,711 Tax Amount $2,035.64 Change Rate +0.055939% Assessed CR Tax Rate +0.048802%
Year 2022 Assessed Value $40,498 Land Value $15,535 Improvement Value $24,963 Tax Amount $1,927.8 Change Rate +0.034227% Assessed CR Tax Rate +0.047602%
Year 2021 Assessed Value $39,319 Land Value $15,083 Improvement Value $24,236 Tax Amount $1,864 Change Rate +0.018056% Assessed CR Tax Rate +0.047407%
Year 2020 Assessed Value $38,174 Land Value $14,644 Improvement Value $23,530 Tax Amount $1,830.94 Change Rate +0.030239% Assessed CR Tax Rate +0.047963%
Year 2019 Assessed Value $37,062 Land Value $14,217 Improvement Value $22,845 Tax Amount $1,777.2 Change Rate +0.036135% Assessed CR Tax Rate +0.047952%
Year 2018 Assessed Value $37,062 Land Value $14,217 Improvement Value $22,845 Tax Amount $1,715.22 Change Rate +0.036788% Assessed CR Tax Rate +0.04628%
Year 2017 Assessed Value $35,983 Land Value $13,803 Improvement Value $22,180 Tax Amount $1,654.36 Change Rate +0.034609% Assessed CR Tax Rate +0.045976%
Year 2016 Assessed Value $33,918 Land Value $13,011 Improvement Value $20,907 Tax Amount $1,599.02 Change Rate -0.951442% Assessed CR Tax Rate +0.047144%
Year 2015 Assessed Value $32,930 Land Value $12,632 Improvement Value $20,298 Tax Amount $32,930 Change Rate Assessed CR Tax Rate +1%
Year 2014 Assessed Value $43,396 Land Value $12,632 Improvement Value $30,764 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,696 Land Value $12,632 Improvement Value $31,064 Tax Amount Change Rate Assessed CR Tax Rate