Large Location Icon

516 Martinez Ln; Albuquerque, NM Property Details

516 Martinez Ln, Albuquerque, NM is a Single Family that was built in 1942. This property is currently a cash purchase and is not for sale. Our records show that 516 Martinez Ln has 1 bedroom, and 1 bathroom, and a total of 864 square feet. The lot size of 516 Martinez Ln is 4,792 square feet.

Off market
516 Martinez Ln NE Albuquerque, NM 87107
$26,057 Estimated Value
1 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1942
  • Est. Equity / %: $224,000 / 100%
  • Gross Yield: 4.125%
  • APN: 1-015-060-247-046-4-03-16
  • Situs County: Bernalillo
  • Length Of Ownership: 18 years, 8 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Interior Wall Type: Plaster
  • Building Condition: Poor
  • Roof Cover Type: Asphalt

Measurements

  • Total: 864/SqFt
  • Lot: 4,792/SqFt
  • Gross: 864/SqFt
  • Living: 864/SqFt
  • Building: 864/SqFt
  • Ground: 1,728/SqFt

Legal Description

  • Description: MRGCD MAP 33 TRACT 76A2 CONT 0.110 ACRES
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: 35.117847 / -106.63118
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2234
  • Bathroom Fixtures: 3
  • Heating: Yes

Ownership Info

516 Martinez Ln NE has no associated ownership info
516 Martinez Ln NE has no associated ownership info.

Taxes

516 Martinez Ln NE has 10 associated Taxes items

516 Martinez Ln, 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 $26,057. The APN we've located for 516 Martinez Ln is 1-015-060-247-046-4-03-16.

Unlock the full report
Taxes
  • Assessed Value:  $26,057
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-015-060-247-046-4-03-16
  • Assessed Land Value:  4331
  • Market Land Value:  13382
  • Tax Amount:  811.62
  • Tax Year:  2025
  • Market Value:  80522
  • Market Year:  2026

Tax History

516 Martinez Ln NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $26,838 Land Value $4,460 Improvement Value $22,378 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $811.62 Change Rate +0.033358% Assessed CR Tax Rate
Year 2024 Assessed Value $25,299 Land Value $4,205 Improvement Value $21,094 Tax Amount $785.42 Change Rate +0.016041% Assessed CR Tax Rate +0.031045%
Year 2023 Assessed Value $24,561 Land Value $4,082 Improvement Value $20,479 Tax Amount $773.02 Change Rate +0.034833% Assessed CR Tax Rate +0.031473%
Year 2022 Assessed Value $23,847 Land Value $3,964 Improvement Value $19,883 Tax Amount $747 Change Rate +0.034712% Assessed CR Tax Rate +0.031325%
Year 2021 Assessed Value $23,152 Land Value $3,848 Improvement Value $19,304 Tax Amount $721.94 Change Rate +0.01633% Assessed CR Tax Rate +0.031183%
Year 2020 Assessed Value $22,478 Land Value $3,736 Improvement Value $18,742 Tax Amount $710.34 Change Rate +0.030135% Assessed CR Tax Rate +0.031602%
Year 2019 Assessed Value $21,825 Land Value $3,628 Improvement Value $18,197 Tax Amount $689.56 Change Rate +0.037432% Assessed CR Tax Rate +0.031595%
Year 2018 Assessed Value $21,825 Land Value $3,628 Improvement Value $18,197 Tax Amount $664.68 Change Rate +1.131204% Assessed CR Tax Rate +0.030455%
Year 2017 Assessed Value $21,189 Land Value $3,522 Improvement Value $17,667 Tax Amount $311.88 Change Rate -0.5% Assessed CR Tax Rate +0.014719%
Year 2016 Assessed Value $19,973 Land Value $3,320 Improvement Value $16,653 Tax Amount $623.76 Change Rate -0.967834% Assessed CR Tax Rate +0.03123%
Year 2015 Assessed Value $19,392 Land Value $3,224 Improvement Value $16,168 Tax Amount $19,392 Change Rate +32.233932% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $18,827 Land Value $3,130 Improvement Value $15,697 Tax Amount $583.5 Change Rate Assessed CR Tax Rate +0.030993%
Year 2013 Assessed Value $18,279 Land Value $3,039 Improvement Value $15,240 Tax Amount Change Rate Assessed CR Tax Rate