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7024 Terrazas Rd; Albuquerque, NM Property Details

7024 Terrazas Rd, Albuquerque, NM is a Single Family that was built in 2003. This property is currently Financed and is not for sale. Our records show that 7024 Terrazas Rd has 4 bedrooms, and 2 bathrooms, and a total of 2,123 square feet. The lot size of 7024 Terrazas Rd is 6,621 square feet.

Off market
7024 Terrazas Rd NW Albuquerque, NM 87114
$83,253 Estimated Value
4 Beds
2 Baths
2,123 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2003
  • Purchase Price: $241,900
  • Open Loans / Balance: 1 / $160,398
  • Est. Equity / %: $284,602 / 63.96%
  • Gross Yield: 6.027%
  • APN: 1-009-065-265-314-1-03-53
  • Situs County: Bernalillo
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 4
  • 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: 2,123/SqFt
  • Lot: 6,621/SqFt
  • Gross: 2,123/SqFt
  • Living: 2,123/SqFt
  • Building: 2,123/SqFt
  • Ground: 4,246/SqFt
  • Price Per Square Foot: $113.94

Legal Description

  • Description: LOT 63 PLAT OF TERRAZAS SUBDIVISION AT VENTANA RANCH (A REPLAT OF TRACT 22A VENTANA RANCH) CONT .1517 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: 35.19734 / -106.73641
  • Subdivision: Plat Of Terrazas Subdivision
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4180
  • 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

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

Taxes

7024 Terrazas Rd NW has 10 associated Taxes items

7024 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 $83,253. The APN we've located for 7024 Terrazas Rd is 1-009-065-265-314-1-03-53.

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Taxes
  • Assessed Value:  $83,253
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-009-065-265-314-1-03-53
  • Assessed Land Value:  17438
  • Market Land Value:  53889
  • Tax Amount:  3433.24
  • Tax Year:  2025
  • Market Value:  257276
  • Market Year:  2026

Tax History

7024 Terrazas Rd NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $85,750 Land Value $17,961 Improvement Value $67,789 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $3,433.24 Change Rate +0.03228% Assessed CR Tax Rate
Year 2024 Assessed Value $80,829 Land Value $16,931 Improvement Value $63,898 Tax Amount $3,325.88 Change Rate +0.017705% Assessed CR Tax Rate +0.041147%
Year 2023 Assessed Value $78,475 Land Value $16,438 Improvement Value $62,037 Tax Amount $3,268.02 Change Rate +0.035658% Assessed CR Tax Rate +0.041644%
Year 2022 Assessed Value $76,189 Land Value $15,959 Improvement Value $60,230 Tax Amount $3,155.5 Change Rate +0.035588% Assessed CR Tax Rate +0.041417%
Year 2021 Assessed Value $73,970 Land Value $15,494 Improvement Value $58,476 Tax Amount $3,047.06 Change Rate +0.017491% Assessed CR Tax Rate +0.041193%
Year 2020 Assessed Value $71,816 Land Value $15,043 Improvement Value $56,773 Tax Amount $2,994.68 Change Rate +0.031162% Assessed CR Tax Rate +0.041699%
Year 2019 Assessed Value $69,724 Land Value $14,605 Improvement Value $55,119 Tax Amount $2,904.18 Change Rate +0.054459% Assessed CR Tax Rate +0.041653%
Year 2018 Assessed Value $69,724 Land Value $14,605 Improvement Value $55,119 Tax Amount $2,754.19 Change Rate +0.016321% Assessed CR Tax Rate +0.039501%
Year 2017 Assessed Value $67,694 Land Value $14,180 Improvement Value $53,514 Tax Amount $2,709.96 Change Rate +0.030536% Assessed CR Tax Rate +0.040032%
Year 2016 Assessed Value $63,809 Land Value $13,366 Improvement Value $50,443 Tax Amount $2,629.66 Change Rate -0.957552% Assessed CR Tax Rate +0.041211%
Year 2015 Assessed Value $61,950 Land Value $12,977 Improvement Value $48,973 Tax Amount $61,950 Change Rate +23.335344% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $61,950 Land Value $12,977 Improvement Value $48,973 Tax Amount $2,545.68 Change Rate Assessed CR Tax Rate +0.041092%
Year 2013 Assessed Value $60,146 Land Value $12,599 Improvement Value $47,547 Tax Amount Change Rate Assessed CR Tax Rate