Large Location Icon

5508 Valle Alegre Rd; Albuquerque, NM Property Details

5508 Valle Alegre Rd, Albuquerque, NM is a Condominium that was built in 2005. This property is currently Financed and is not for sale. Our records show that 5508 Valle Alegre Rd has 2 bedrooms, and 2.5 bathrooms, and a total of 1,311 square feet. The lot size of 5508 Valle Alegre Rd is 585 square feet.

For Rent
5508 Valle Alegre Rd NW Albuquerque, NM 87120
$1,600 Listing Price
2 Beds
2.5 Baths
1,311 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2005
  • Purchase Price: $150,000
  • Open Loans / Balance: 1 / $105,350
  • Est. Equity / %: $165,650 / 61.13%
  • Gross Yield: 8.201%
  • APN: 1-011-061-191-028-3-15-01-BP
  • Situs County: Bernalillo
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Building Condition: Fair

Measurements

  • Total: 1,311/SqFt
  • Lot: 585/SqFt
  • Living: 1,311/SqFt
  • Building: 1,311/SqFt
  • Ground: 1,296/SqFt
  • Price Per Square Foot: $114.42

Legal Description

  • Description: UNIT B BLDG 13 RANCHO ENCANTADO CONDOMINIUMS TOGETHER WITH AN EQUAL UNDIVIDED INTEREST IN THE COMMON ELEMENTS
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.130714 / -106.70237
  • Subdivision: Rancho Encantado Condominiums
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1814
  • Bathroom Fixtures: 8
  • Heating: Forced air unit

HOA

  • H O A One: $40
  • H O A Two: $150
  • H O A Amount: $270
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Rancho Encantado Condominiums
  • H O A One Type: Condo  Owner Association
  • H O A Two Name: Carol Rickert And Associates
  • H O A Two Type: Condo  Owner Association

Ownership Info

5508 Valle Alegre Rd NW has no associated ownership info
5508 Valle Alegre Rd NW has no associated ownership info.

Taxes

5508 Valle Alegre Rd NW has 8 associated Taxes items

5508 Valle Alegre Rd, 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 $61,821. The APN we've located for 5508 Valle Alegre Rd is 1-011-061-191-028-3-15-01-BP.

Unlock the full report
Taxes
  • Assessed Value:  $61,821
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-011-061-191-028-3-15-01-BP
  • Tax Amount:  2612.18
  • Tax Year:  2025
  • Market Value:  191047
  • Market Year:  2026

Tax History

5508 Valle Alegre Rd NW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $63,676 Land Value Improvement Value $63,676 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,612.18 Change Rate +0.031528% Assessed CR Tax Rate
Year 2024 Assessed Value $60,021 Land Value Improvement Value $60,021 Tax Amount $2,532.34 Change Rate +0.016931% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $58,273 Land Value Improvement Value $58,273 Tax Amount $2,490.18 Change Rate +0.034841% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $56,576 Land Value Improvement Value $56,576 Tax Amount $2,406.34 Change Rate +0.034736% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $54,928 Land Value Improvement Value $54,928 Tax Amount $2,325.56 Change Rate +0.312882% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $41,296 Land Value Improvement Value $41,296 Tax Amount $1,771.34 Change Rate +0.006878% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $41,024 Land Value Improvement Value $41,024 Tax Amount $1,759.24 Change Rate +0.037765% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $41,024 Land Value Improvement Value $41,024 Tax Amount $1,695.22 Change Rate -0.081759% Assessed CR Tax Rate +0.041323%
Year 2017 Assessed Value $39,829 Land Value Improvement Value $39,829 Tax Amount $1,846.16 Change Rate Assessed CR Tax Rate +0.046352%
Year 2016 Assessed Value $43,393 Land Value Improvement Value $43,393 Tax Amount $1,846.16 Change Rate -0.956178% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $42,129 Land Value Improvement Value $42,129 Tax Amount $42,129 Change Rate +22.5497% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $42,129 Land Value Improvement Value $42,129 Tax Amount $1,788.94 Change Rate Assessed CR Tax Rate +0.042463%