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7220 Settlement Way; Albuquerque, NM Property Details

7220 Settlement Way, Albuquerque, NM is a Single Family that was built in 1979. This property is currently Financed and is not for sale. Our records show that 7220 Settlement Way has 3 bedrooms, and 2 bathrooms, and a total of 1,708 square feet. The lot size of 7220 Settlement Way is 11,238 square feet.

Off market  •   Pre Probate ✓
7220 Settlement Way NW Albuquerque, NM 87120
$65,011 Estimated Value
3 Beds
2 Baths
1,708 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $580,000
  • Est. Equity / %: $360,000 / 100%
  • Gross Yield: 6.853%
  • APN: 1-011-063-321-210-4-06-11
  • Situs County: Bernalillo
  • Length Of Ownership: 27 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 1,708/SqFt
  • Lot: 11,238/SqFt
  • Gross: 1,708/SqFt
  • Living: 1,708/SqFt
  • Building: 1,708/SqFt
  • Ground: 1,708/SqFt
  • Price Per Square Foot: $339.58

Legal Description

  • Description: *010 004 HOMESTEAD HILLS
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: 35.16572 / -106.69926
  • Subdivision: Belmont Place
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2934
  • Bathroom Fixtures: 6

Ownership Info

7220 Settlement Way NW has no associated ownership info
7220 Settlement Way NW has no associated ownership info.

Taxes

7220 Settlement Way NW has 10 associated Taxes items

7220 Settlement Way, 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 $65,011. The APN we've located for 7220 Settlement Way is 1-011-063-321-210-4-06-11.

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Taxes
  • Assessed Value:  $65,011
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-011-063-321-210-4-06-11
  • Assessed Land Value:  15914
  • Market Land Value:  49180
  • Tax Amount:  2746.96
  • Tax Year:  2025
  • Market Value:  200905
  • Market Year:  2026

Tax History

7220 Settlement Way NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $66,962 Land Value $16,392 Improvement Value $50,570 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,746.96 Change Rate +0.031513% Assessed CR Tax Rate
Year 2024 Assessed Value $63,118 Land Value $15,451 Improvement Value $47,667 Tax Amount $2,663.04 Change Rate +0.016948% Assessed CR Tax Rate +0.042191%
Year 2023 Assessed Value $61,280 Land Value $15,001 Improvement Value $46,279 Tax Amount $2,618.66 Change Rate +0.034823% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $59,496 Land Value $14,565 Improvement Value $44,931 Tax Amount $2,530.54 Change Rate +0.034732% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $57,764 Land Value $14,141 Improvement Value $43,623 Tax Amount $2,445.6 Change Rate +0.029791% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $56,081 Land Value $13,729 Improvement Value $42,352 Tax Amount $2,374.85 Change Rate +0.017101% Assessed CR Tax Rate +0.042347%
Year 2019 Assessed Value $54,448 Land Value $13,329 Improvement Value $41,119 Tax Amount $2,334.92 Change Rate +0.036894% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $54,448 Land Value $13,329 Improvement Value $41,119 Tax Amount $2,251.84 Change Rate +1.124377% Assessed CR Tax Rate +0.041358%
Year 2017 Assessed Value $52,862 Land Value $12,941 Improvement Value $39,921 Tax Amount $1,060 Change Rate -0.5% Assessed CR Tax Rate +0.020052%
Year 2016 Assessed Value $49,829 Land Value $12,199 Improvement Value $37,630 Tax Amount $2,120 Change Rate -0.956893% Assessed CR Tax Rate +0.042546%
Year 2015 Assessed Value $49,180 Land Value $10,880 Improvement Value $38,300 Tax Amount $49,180 Change Rate +23.256233% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $47,748 Land Value $10,564 Improvement Value $37,184 Tax Amount $2,027.52 Change Rate Assessed CR Tax Rate +0.042463%
Year 2013 Assessed Value $46,357 Land Value $10,256 Improvement Value $36,101 Tax Amount Change Rate Assessed CR Tax Rate