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7012 Lorete Rd; Albuquerque, NM Property Details

7012 Lorete Rd, Albuquerque, NM is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 7012 Lorete Rd has 4 bedrooms, and 3 bathrooms, and a total of 2,363 square feet. The lot size of 7012 Lorete Rd is 8,059 square feet.

Off market
7012 Lorete Rd NW Albuquerque, NM 87114
$83,177 Estimated Value
4 Beds
3 Baths
2,363 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $217,300
  • Open Loans / Balance: 1 / $163,551
  • Est. Equity / %: $301,449 / 64.83%
  • Gross Yield: 5.708%
  • APN: 1-009-065-314-053-4-13-04
  • Situs County: Bernalillo
  • Length Of Ownership: 15 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 2,363/SqFt
  • Lot: 8,059/SqFt
  • Gross: 2,363/SqFt
  • Living: 2,363/SqFt
  • Building: 2,363/SqFt
  • Ground: 2,363/SqFt
  • Price Per Square Foot: $91.96

Legal Description

  • Description: LT 60 PLAT OF SOMMERSET SUBD AT VENTANA RANCH (REPL OF TRACT 2 VENTANA RANCH) CONT 0.1845 AC M/L OR 8,039 SF M/L
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: 35.190365 / -106.73471
  • Subdivision: Plat Of Sommerset Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3458
  • Bathroom Fixtures: 10
  • Heating: Forced air unit

HOA

  • H O A One: $22
  • H O A Amount: $22
  • H O A One Frequency: Monthly
  • H O A One Name: Ventana Ranch Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7012 Lorete Rd NW has no associated ownership info
7012 Lorete Rd NW has no associated ownership info.

Taxes

7012 Lorete Rd NW has 10 associated Taxes items

7012 Lorete 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 $83,177. The APN we've located for 7012 Lorete Rd is 1-009-065-314-053-4-13-04.

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Taxes
  • Assessed Value:  $83,177
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-314-053-4-13-04
  • Assessed Land Value:  18946
  • Market Land Value:  58549
  • Tax Amount:  3514.56
  • Tax Year:  2025
  • Market Value:  257041
  • Market Year:  2026

Tax History

7012 Lorete Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $85,671 Land Value $19,514 Improvement Value $66,157 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,514.56 Change Rate +0.031546% Assessed CR Tax Rate
Year 2024 Assessed Value $80,754 Land Value $18,394 Improvement Value $62,360 Tax Amount $3,407.08 Change Rate +0.016917% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $78,403 Land Value $17,859 Improvement Value $60,544 Tax Amount $3,350.4 Change Rate +0.034834% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $76,120 Land Value $17,339 Improvement Value $58,781 Tax Amount $3,237.62 Change Rate +0.03474% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $73,903 Land Value $16,834 Improvement Value $57,069 Tax Amount $3,128.92 Change Rate +0.016649% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $71,751 Land Value $16,344 Improvement Value $55,407 Tax Amount $3,077.68 Change Rate +0.030269% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $69,661 Land Value $15,868 Improvement Value $53,793 Tax Amount $2,987.26 Change Rate +0.053065% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $69,661 Land Value $15,868 Improvement Value $53,793 Tax Amount $2,836.73 Change Rate +0.015861% Assessed CR Tax Rate +0.040722%
Year 2017 Assessed Value $67,633 Land Value $15,406 Improvement Value $52,227 Tax Amount $2,792.44 Change Rate +0.029547% Assessed CR Tax Rate +0.041288%
Year 2016 Assessed Value $63,751 Land Value $14,522 Improvement Value $49,229 Tax Amount $2,712.3 Change Rate -0.956178% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $61,894 Land Value $14,099 Improvement Value $47,795 Tax Amount $61,894 Change Rate +22.549957% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $61,894 Land Value $14,099 Improvement Value $47,795 Tax Amount $2,628.2 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $61,894 Land Value $14,099 Improvement Value $47,795 Tax Amount Change Rate Assessed CR Tax Rate