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7024 Lorete Rd; Albuquerque, NM Property Details

7024 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 7024 Lorete Rd has 3 bedrooms, and 2.5 bathrooms, and a total of 1,728 square feet. The lot size of 7024 Lorete Rd is 8,494 square feet.

Off market
7024 Lorete Rd NW Albuquerque, NM 87114
$343,000 Listing Price
3 Beds
2.5 Baths
1,728 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Purchase Price: $387,761
  • Open Loans / Balance: 1 / $290,446
  • Est. Equity / %: $71,554 / 19.77%
  • Gross Yield: 7.147%
  • APN: 1-009-065-294-061-4-13-01
  • Situs County: Bernalillo
  • Length Of Ownership: 8 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: 1,728/SqFt
  • Lot: 8,494/SqFt
  • Gross: 1,728/SqFt
  • Living: 1,728/SqFt
  • Building: 1,728/SqFt
  • Ground: 3,456/SqFt
  • Price Per Square Foot: $224.40

Legal Description

  • Description: LT 57 PLAT OF SOMMERSET SUBD AT VENTANA RANCH (REPL OF TRACT 2 VENTANA RANCH) CONT 0.1950 AC M/L OR 8,498 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: 35.190563 / -106.735405
  • 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

7024 Lorete Rd NW has no associated ownership info
7024 Lorete Rd NW has no associated ownership info.

Taxes

7024 Lorete Rd NW has 10 associated Taxes items

7024 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 $71,665. The APN we've located for 7024 Lorete Rd is 1-009-065-294-061-4-13-01.

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Taxes
  • Assessed Value:  $71,665
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-294-061-4-13-01
  • Assessed Land Value:  19573
  • Market Land Value:  51100
  • Tax Amount:  2521.1
  • Tax Year:  2025
  • Market Value:  347700
  • Market Year:  2026

Tax History

7024 Lorete Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $115,889 Land Value $17,032 Improvement Value $98,857 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,521.1 Change Rate -0.06014% Assessed CR Tax Rate
Year 2024 Assessed Value $69,578 Land Value $19,003 Improvement Value $50,575 Tax Amount $2,682.42 Change Rate +0.019831% Assessed CR Tax Rate +0.038553%
Year 2023 Assessed Value $67,551 Land Value $18,449 Improvement Value $49,102 Tax Amount $2,630.26 Change Rate +0.037864% Assessed CR Tax Rate +0.038937%
Year 2022 Assessed Value $65,584 Land Value $17,912 Improvement Value $47,672 Tax Amount $2,534.3 Change Rate +0.037856% Assessed CR Tax Rate +0.038642%
Year 2021 Assessed Value $63,675 Land Value $17,391 Improvement Value $46,284 Tax Amount $2,441.86 Change Rate +0.019847% Assessed CR Tax Rate +0.038349%
Year 2020 Assessed Value $61,820 Land Value $16,884 Improvement Value $44,936 Tax Amount $2,394.34 Change Rate +0.033585% Assessed CR Tax Rate +0.038731%
Year 2019 Assessed Value $60,020 Land Value $16,393 Improvement Value $43,627 Tax Amount $2,316.54 Change Rate +0.040356% Assessed CR Tax Rate +0.038596%
Year 2018 Assessed Value $60,020 Land Value $16,393 Improvement Value $43,627 Tax Amount $2,226.68 Change Rate +1.139352% Assessed CR Tax Rate +0.037099%
Year 2017 Assessed Value $58,272 Land Value $15,915 Improvement Value $42,357 Tax Amount $1,040.82 Change Rate -0.5% Assessed CR Tax Rate +0.017861%
Year 2016 Assessed Value $54,928 Land Value $15,002 Improvement Value $39,926 Tax Amount $2,081.64 Change Rate -0.960965% Assessed CR Tax Rate +0.037898%
Year 2015 Assessed Value $53,328 Land Value $14,565 Improvement Value $38,763 Tax Amount $53,328 Change Rate +25.535303% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $53,328 Land Value $14,565 Improvement Value $38,763 Tax Amount $2,009.7 Change Rate Assessed CR Tax Rate +0.037686%
Year 2013 Assessed Value $53,328 Land Value $14,565 Improvement Value $38,763 Tax Amount Change Rate Assessed CR Tax Rate