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7020 Lorete Rd; Albuquerque, NM Property Details

7020 Lorete Rd, Albuquerque, NM is a Single Family that was built in 1997. This property is currently a cash purchase and is not for sale. Our records show that 7020 Lorete Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,782 square feet. The lot size of 7020 Lorete Rd is 7,797 square feet.

Off market
7020 Lorete Rd NW Albuquerque, NM 87114
$72,157 Estimated Value
3 Beds
2 Baths
1,782 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Est. Equity / %: $365,000 / 100%
  • Gross Yield: 7.003%
  • APN: 1-009-065-300-057-4-13-02
  • Situs County: Bernalillo
  • Length Of Ownership: 20 years, 3 months

Rooms

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

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Hip
  • Roof Cover Type: Shingle (Not Wood)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,782/SqFt
  • Lot: 7,797/SqFt
  • Gross: 1,782/SqFt
  • Living: 1,782/SqFt
  • Building: 1,782/SqFt
  • Ground: 3,564/SqFt

Legal Description

  • Description: LT 58 PLAT OF SOMMERSET SUBD AT VENTANA RANCH (REPL OF TRACT 2 VENTANA RANCH) CONT 0.1793 AC M/L OR 7,814 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: 35.19049 / -106.73517
  • Subdivision: Plat Of Sommerset Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3458
  • Bathroom Fixtures: 7
  • 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

7020 Lorete Rd NW has no associated ownership info
7020 Lorete Rd NW has no associated ownership info.

Taxes

7020 Lorete Rd NW has 10 associated Taxes items

7020 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 $72,157. The APN we've located for 7020 Lorete Rd is 1-009-065-300-057-4-13-02.

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Taxes
  • Assessed Value:  $72,157
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-300-057-4-13-02
  • Assessed Land Value:  18632
  • Market Land Value:  57578
  • Tax Amount:  2964.42
  • Tax Year:  2025
  • Market Value:  222987
  • Market Year:  2026

Tax History

7020 Lorete Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $74,322 Land Value $19,191 Improvement Value $55,131 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,964.42 Change Rate +0.032424% Assessed CR Tax Rate
Year 2024 Assessed Value $70,055 Land Value $18,089 Improvement Value $51,966 Tax Amount $2,871.32 Change Rate +0.017816% Assessed CR Tax Rate +0.040987%
Year 2023 Assessed Value $68,016 Land Value $17,563 Improvement Value $50,453 Tax Amount $2,821.06 Change Rate +0.035776% Assessed CR Tax Rate +0.041476%
Year 2022 Assessed Value $66,035 Land Value $17,051 Improvement Value $48,984 Tax Amount $2,723.62 Change Rate +0.035715% Assessed CR Tax Rate +0.041245%
Year 2021 Assessed Value $64,112 Land Value $16,555 Improvement Value $47,557 Tax Amount $2,629.7 Change Rate +0.017623% Assessed CR Tax Rate +0.041017%
Year 2020 Assessed Value $62,245 Land Value $16,073 Improvement Value $46,172 Tax Amount $2,584.16 Change Rate +0.031271% Assessed CR Tax Rate +0.041516%
Year 2019 Assessed Value $60,433 Land Value $15,605 Improvement Value $44,828 Tax Amount $2,505.8 Change Rate +0.054714% Assessed CR Tax Rate +0.041464%
Year 2018 Assessed Value $60,433 Land Value $15,605 Improvement Value $44,828 Tax Amount $2,375.81 Change Rate +0.047609% Assessed CR Tax Rate +0.039313%
Year 2017 Assessed Value $58,672 Land Value $15,150 Improvement Value $43,522 Tax Amount $2,267.84 Change Rate Assessed CR Tax Rate +0.038653%
Year 2016 Assessed Value $55,305 Land Value $14,281 Improvement Value $41,024 Tax Amount $2,267.84 Change Rate -0.957764% Assessed CR Tax Rate +0.041006%
Year 2015 Assessed Value $53,694 Land Value $13,865 Improvement Value $39,829 Tax Amount $53,694 Change Rate +23.461067% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $53,694 Land Value $13,865 Improvement Value $39,829 Tax Amount $2,195.08 Change Rate Assessed CR Tax Rate +0.040881%
Year 2013 Assessed Value $53,694 Land Value $13,865 Improvement Value $39,829 Tax Amount Change Rate Assessed CR Tax Rate