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5508 Payson Ct; Albuquerque, NM Property Details

5508 Payson Ct, Albuquerque, NM is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 5508 Payson Ct has 3 bedrooms, and 2 bathrooms, and a total of 1,476 square feet. The lot size of 5508 Payson Ct is 4,487 square feet.

Off market
5508 Payson Ct NW Albuquerque, NM 87120
$167,156 Listing Price
3 Beds
2 Baths
1,476 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2005
  • Purchase Price: $130,000
  • Est. Equity / %: $348,000 / 100%
  • Gross Yield: 7.045%
  • APN: 1-011-061-221-185-2-25-10
  • Situs County: Bernalillo
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 1,476/SqFt
  • Lot: 4,487/SqFt
  • Gross: 1,476/SqFt
  • Living: 1,476/SqFt
  • Building: 1,476/SqFt
  • Ground: 2,952/SqFt
  • Price Per Square Foot: $88.08

Legal Description

  • Description: LT 114-P1 WESTERN TRAILS ESTATES (BEING A REPLAT OF TRACT 2 KINSCHERFF LANDS & UNPLATTED LANDS OF FRISCO JOINT VENTURE) CONT
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: 35.135777 / -106.70267
  • Subdivision: Western Trails Estates
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3220
  • Bathroom Fixtures: 8
  • Heating: Hot Water

HOA

  • H O A One: $275
  • H O A Two: $50
  • H O A Amount: $325
  • H O A One Frequency: Annual
  • H O A Two Frequency: Monthly
  • H O A One Name: Western Trails Estates Homeowners Association Inc
  • H O A One Type: Home Owner Association
  • H O A Two Name: Associa Canyon Gate
  • H O A Two Type: Home Owner Association

Ownership Info

5508 Payson Ct NW has no associated ownership info
5508 Payson Ct NW has no associated ownership info.

Taxes

5508 Payson Ct NW has 10 associated Taxes items

5508 Payson Ct, 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 $60,423. The APN we've located for 5508 Payson Ct is 1-011-061-221-185-2-25-10.

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Taxes
  • Assessed Value:  $60,423
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-011-061-221-185-2-25-10
  • Assessed Land Value:  17199
  • Market Land Value:  53149
  • Tax Amount:  2553.1
  • Tax Year:  2025
  • Market Value:  186723
  • Market Year:  2026

Tax History

5508 Payson Ct NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $62,235 Land Value $17,715 Improvement Value $44,520 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,553.1 Change Rate +0.031531% Assessed CR Tax Rate
Year 2024 Assessed Value $58,663 Land Value $16,698 Improvement Value $41,965 Tax Amount $2,475.06 Change Rate +0.016919% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $56,955 Land Value $16,212 Improvement Value $40,743 Tax Amount $2,433.88 Change Rate +0.034857% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $55,296 Land Value $15,740 Improvement Value $39,556 Tax Amount $2,351.9 Change Rate +0.034748% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $53,685 Land Value $15,281 Improvement Value $38,404 Tax Amount $2,272.92 Change Rate +0.016621% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $52,123 Land Value $14,837 Improvement Value $37,286 Tax Amount $2,235.76 Change Rate +0.030257% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $50,605 Land Value $14,405 Improvement Value $36,200 Tax Amount $2,170.1 Change Rate +0.053084% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $50,605 Land Value $14,405 Improvement Value $36,200 Tax Amount $2,060.71 Change Rate +0.045886% Assessed CR Tax Rate +0.040721%
Year 2017 Assessed Value $49,130 Land Value $13,985 Improvement Value $35,145 Tax Amount $1,970.3 Change Rate Assessed CR Tax Rate +0.040104%
Year 2016 Assessed Value $46,311 Land Value $13,183 Improvement Value $33,128 Tax Amount $1,970.3 Change Rate -0.956179% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $44,962 Land Value $12,799 Improvement Value $32,163 Tax Amount $44,962 Change Rate +22.376312% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $45,296 Land Value $12,799 Improvement Value $32,497 Tax Amount $1,923.4 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $50,717 Land Value $8,740 Improvement Value $41,977 Tax Amount Change Rate Assessed CR Tax Rate