Large Location Icon

7016 Lorete Rd; Albuquerque, NM Property Details

7016 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 7016 Lorete Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,965 square feet. The lot size of 7016 Lorete Rd is 8,059 square feet.

Off market
7016 Lorete Rd NW Albuquerque, NM 87114
$199,000 Listing Price
3 Beds
2.5 Baths
1,965 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $97,900
  • Open Loans / Balance: 1 / $75,924
  • Est. Equity / %: $342,076 / 81.84%
  • Gross Yield: 6.218%
  • APN: 1-009-065-307-055-4-13-03
  • Situs County: Bernalillo
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Hip
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 1,965/SqFt
  • Lot: 8,059/SqFt
  • Gross: 1,965/SqFt
  • Living: 1,965/SqFt
  • Building: 1,965/SqFt
  • Ground: 3,930/SqFt
  • Price Per Square Foot: $49.82

Legal Description

  • Description: LT 59 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: 35.190422 / -106.73494
  • Subdivision: Plat Of Sommerset Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3458
  • Bathroom Fixtures: 8

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

7016 Lorete Rd NW has no associated ownership info
7016 Lorete Rd NW has no associated ownership info.

Taxes

7016 Lorete Rd NW has 10 associated Taxes items

7016 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 $82,973. The APN we've located for 7016 Lorete Rd is 1-009-065-307-055-4-13-03.

Unlock the full report
Taxes
  • Assessed Value:  $82,973
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-307-055-4-13-03
  • Assessed Land Value:  18394
  • Market Land Value:  56844
  • Tax Amount:  2998.9
  • Tax Year:  2025
  • Market Value:  256412
  • Market Year:  2026

Tax History

7016 Lorete Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $85,462 Land Value $18,946 Improvement Value $66,516 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,998.9 Change Rate -0.046655% Assessed CR Tax Rate
Year 2024 Assessed Value $80,557 Land Value $17,859 Improvement Value $62,698 Tax Amount $3,145.66 Change Rate +0.019399% Assessed CR Tax Rate +0.039049%
Year 2023 Assessed Value $78,211 Land Value $17,339 Improvement Value $60,872 Tax Amount $3,085.8 Change Rate +0.037432% Assessed CR Tax Rate +0.039455%
Year 2022 Assessed Value $75,933 Land Value $16,834 Improvement Value $59,099 Tax Amount $2,974.46 Change Rate +0.037409% Assessed CR Tax Rate +0.039172%
Year 2021 Assessed Value $73,722 Land Value $16,344 Improvement Value $57,378 Tax Amount $2,867.2 Change Rate +0.019347% Assessed CR Tax Rate +0.038892%
Year 2020 Assessed Value $71,575 Land Value $15,868 Improvement Value $55,707 Tax Amount $2,812.78 Change Rate +0.033108% Assessed CR Tax Rate +0.039298%
Year 2019 Assessed Value $69,490 Land Value $15,406 Improvement Value $54,084 Tax Amount $2,722.64 Change Rate +0.057591% Assessed CR Tax Rate +0.03918%
Year 2018 Assessed Value $69,490 Land Value $15,406 Improvement Value $54,084 Tax Amount $2,574.38 Change Rate +0.017365% Assessed CR Tax Rate +0.037047%
Year 2017 Assessed Value $67,466 Land Value $14,957 Improvement Value $52,509 Tax Amount $2,530.44 Change Rate +0.032681% Assessed CR Tax Rate +0.037507%
Year 2016 Assessed Value $63,594 Land Value $14,099 Improvement Value $49,495 Tax Amount $2,450.36 Change Rate -0.961765% Assessed CR Tax Rate +0.038531%
Year 2015 Assessed Value $64,086 Land Value $14,522 Improvement Value $49,564 Tax Amount $64,086 Change Rate Assessed CR Tax Rate +1%
Year 2014 Assessed Value $64,086 Land Value $14,522 Improvement Value $49,564 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $62,219 Land Value $14,099 Improvement Value $48,120 Tax Amount Change Rate Assessed CR Tax Rate