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7023 Terrazas Rd; Albuquerque, NM Property Details

7023 Terrazas Rd, Albuquerque, NM is a Single Family that was built in 2001. This property is currently Financed,New Construction and is not for sale. Our records show that 7023 Terrazas Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,734 square feet. The lot size of 7023 Terrazas Rd is 5,750 square feet.

Off market
7023 Terrazas Rd NW Albuquerque, NM 87114
$64,901 Estimated Value
3 Beds
2 Baths
1,734 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2001
  • Purchase Price: $182,300
  • Open Loans / Balance: 1 / $86,250
  • Est. Equity / %: $275,750 / 76.17%
  • Gross Yield: 7.087%
  • APN: 1-009-065-263-329-1-16-17
  • Situs County: Bernalillo
  • Length Of Ownership: 25 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Building Condition: Fair
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,734/SqFt
  • Lot: 5,750/SqFt
  • Gross: 1,734/SqFt
  • Living: 1,734/SqFt
  • Building: 1,734/SqFt
  • Ground: 3,468/SqFt
  • Price Per Square Foot: $105.13

Legal Description

  • Description: LOT 51 PLAT OF TERRAZAS SUBDIVISION AT VENTANA RANCH (A REPLAT OF TRACT 22A VENTANA RANCH) CONT .1317 AC
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: 35.19776 / -106.7365
  • Subdivision: Plat Of Terrazas Subdivision
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4181
  • 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

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

Taxes

7023 Terrazas Rd NW has 10 associated Taxes items

7023 Terrazas 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 $64,901. The APN we've located for 7023 Terrazas Rd is 1-009-065-263-329-1-16-17.

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Taxes
  • Assessed Value:  $64,901
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-263-329-1-16-17
  • Assessed Land Value:  15720
  • Market Land Value:  48580
  • Tax Amount:  2657.86
  • Tax Year:  2025
  • Market Value:  200563
  • Market Year:  2026

Tax History

7023 Terrazas Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $66,848 Land Value $16,192 Improvement Value $50,656 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,657.86 Change Rate +0.032515% Assessed CR Tax Rate
Year 2024 Assessed Value $63,012 Land Value $15,263 Improvement Value $47,749 Tax Amount $2,574.16 Change Rate +0.017937% Assessed CR Tax Rate +0.040852%
Year 2023 Assessed Value $61,177 Land Value $14,819 Improvement Value $46,358 Tax Amount $2,528.8 Change Rate +0.035884% Assessed CR Tax Rate +0.041336%
Year 2022 Assessed Value $59,395 Land Value $14,387 Improvement Value $45,008 Tax Amount $2,441.2 Change Rate +0.035829% Assessed CR Tax Rate +0.041101%
Year 2021 Assessed Value $57,665 Land Value $13,968 Improvement Value $43,697 Tax Amount $2,356.76 Change Rate +0.01774% Assessed CR Tax Rate +0.04087%
Year 2020 Assessed Value $55,986 Land Value $13,562 Improvement Value $42,424 Tax Amount $2,315.68 Change Rate +0.031401% Assessed CR Tax Rate +0.041362%
Year 2019 Assessed Value $54,356 Land Value $13,167 Improvement Value $41,189 Tax Amount $2,245.18 Change Rate +0.054902% Assessed CR Tax Rate +0.041305%
Year 2018 Assessed Value $54,356 Land Value $13,167 Improvement Value $41,189 Tax Amount $2,128.33 Change Rate +0.016453% Assessed CR Tax Rate +0.039155%
Year 2017 Assessed Value $52,772 Land Value $12,783 Improvement Value $39,989 Tax Amount $2,093.88 Change Rate +0.030818% Assessed CR Tax Rate +0.039678%
Year 2016 Assessed Value $49,744 Land Value $12,050 Improvement Value $37,694 Tax Amount $2,031.28 Change Rate -0.95794% Assessed CR Tax Rate +0.040835%
Year 2015 Assessed Value $48,295 Land Value $11,699 Improvement Value $36,596 Tax Amount $48,295 Change Rate +23.567356% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $48,295 Land Value $11,699 Improvement Value $36,596 Tax Amount $1,965.82 Change Rate Assessed CR Tax Rate +0.040704%
Year 2013 Assessed Value $48,662 Land Value $11,699 Improvement Value $36,963 Tax Amount Change Rate Assessed CR Tax Rate