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7023 Lorete Rd; Albuquerque, NM Property Details

7023 Lorete Rd, Albuquerque, NM is a Single Family that was built in 1998. This property is currently Financed and is not for sale. Our records show that 7023 Lorete Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,501 square feet. The lot size of 7023 Lorete Rd is 7,928 square feet.

Off market
7023 Lorete Rd NW Albuquerque, NM 87114
$62,885 Estimated Value
3 Beds
2.5 Baths
1,501 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1998
  • Purchase Price: $115,000
  • Open Loans: 2
  • Gross Yield: 7.124%
  • APN: 1-009-065-303-075-4-12-01
  • Situs County: Bernalillo
  • Length Of Ownership: 23 years, 1 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: Concrete

Measurements

  • Total: 1,501/SqFt
  • Lot: 7,928/SqFt
  • Gross: 1,501/SqFt
  • Living: 1,501/SqFt
  • Building: 1,501/SqFt
  • Ground: 3,002/SqFt
  • Price Per Square Foot: $76.62

Legal Description

  • Description: LT 56 PLAT OF SOMMERSET SUBD AT VENTANA RANCH (REPL OF TRACT 2 VENTANA RANCH) CONT 0.1819 AC M/L OR 7,924 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: 35.19095 / -106.73513
  • Subdivision: Plat Of Sommerset Subd
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3459
  • Bathroom Fixtures: 9
  • 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

7023 Lorete Rd NW has no associated ownership info
7023 Lorete Rd NW has no associated ownership info.

Taxes

7023 Lorete Rd NW has 10 associated Taxes items

7023 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 $62,885. The APN we've located for 7023 Lorete Rd is 1-009-065-303-075-4-12-01.

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Taxes
  • Assessed Value:  $62,885
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-303-075-4-12-01
  • Assessed Land Value:  18766
  • Market Land Value:  57993
  • Tax Amount:  2657.16
  • Tax Year:  2025
  • Market Value:  194334
  • Market Year:  2026

Tax History

7023 Lorete Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $64,771 Land Value $19,329 Improvement Value $45,442 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,657.16 Change Rate +0.031546% Assessed CR Tax Rate
Year 2024 Assessed Value $61,054 Land Value $18,220 Improvement Value $42,834 Tax Amount $2,575.9 Change Rate +0.016912% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $59,276 Land Value $17,689 Improvement Value $41,587 Tax Amount $2,533.06 Change Rate +0.034848% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $57,549 Land Value $17,174 Improvement Value $40,375 Tax Amount $2,447.76 Change Rate +0.034749% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $55,873 Land Value $16,674 Improvement Value $39,199 Tax Amount $2,365.56 Change Rate +0.016623% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $54,247 Land Value $16,189 Improvement Value $38,058 Tax Amount $2,326.88 Change Rate +0.030268% Assessed CR Tax Rate +0.042894%
Year 2019 Assessed Value $52,667 Land Value $15,717 Improvement Value $36,950 Tax Amount $2,258.52 Change Rate +0.036874% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $52,667 Land Value $15,717 Improvement Value $36,950 Tax Amount $2,178.2 Change Rate +1.12441% Assessed CR Tax Rate +0.041358%
Year 2017 Assessed Value $51,134 Land Value $15,260 Improvement Value $35,874 Tax Amount $1,025.32 Change Rate -0.5% Assessed CR Tax Rate +0.020052%
Year 2016 Assessed Value $48,199 Land Value $14,384 Improvement Value $33,815 Tax Amount $2,050.64 Change Rate -0.956178% Assessed CR Tax Rate +0.042545%
Year 2015 Assessed Value $46,795 Land Value $13,965 Improvement Value $32,830 Tax Amount $46,795 Change Rate +22.549868% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $46,795 Land Value $13,965 Improvement Value $32,830 Tax Amount $1,987.06 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $47,162 Land Value $13,965 Improvement Value $33,197 Tax Amount Change Rate Assessed CR Tax Rate