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7407 Central Ave; Albuquerque, NM Property Details

7407 Central Ave, Albuquerque, NM is a Hotel Or Motel that was built in 2003. This property is currently Financed and is not for sale. Our records show that 7407 Central Ave has a total of 18,836 square feet. The lot size of 7407 Central Ave is 40,859 square feet.

Off market
7407 Central Ave NE Albuquerque, NM 87108
$271,706 Estimated Value
18,836 SqFt
Property Type
Hotel Or Motel
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2003
  • Purchase Price: $2,300,000
  • Open Loans / Balance: 1 / $1,513,102
  • APN: 1-019-057-111-119-3-10-02
  • Situs County: Bernalillo
  • Length Of Ownership: 8 years, 9 months

Structure

  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 18,836/SqFt
  • Lot: 40,859/SqFt
  • Gross: 18,836/SqFt
  • Living: 18,836/SqFt
  • Building: 18,836/SqFt
  • Price Per Square Foot: $122.11

Legal Description

  • Description: LT 4-A-1 BLK 4 PLAT OF LOT 4-A-1 BLOCK 4 MESA SUBDIVISION CONT .9380 AC.
Building Insights

Land Information

  • Property Type: Hotel or Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.0761 / -106.56477
  • Subdivision: Mesa Subdivision
  • Property Class: Commercial
  • County Use Code: COMM

Amenities

  • Plus Four: 2141

Ownership Info

7407 Central Ave NE has no associated ownership info
7407 Central Ave NE has no associated ownership info.

Taxes

7407 Central Ave NE has 10 associated Taxes items

7407 Central Ave, 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 $271,706. The APN we've located for 7407 Central Ave is 1-019-057-111-119-3-10-02.

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Taxes
  • Assessed Value:  $271,706
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-019-057-111-119-3-10-02
  • Assessed Land Value:  88263
  • Market Land Value:  264816
  • Tax Amount:  12533.54
  • Tax Year:  2025
  • Market Value:  815199
  • Market Year:  2026

Tax History

7407 Central Ave NE has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $271,706 Land Value $88,263 Improvement Value $183,443 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $12,533.54 Change Rate -0.035119% Assessed CR Tax Rate
Year 2024 Assessed Value $271,706 Land Value $88,263 Improvement Value $183,443 Tax Amount $12,989.72 Change Rate -0.003501% Assessed CR Tax Rate +0.047808%
Year 2023 Assessed Value $271,706 Land Value $88,263 Improvement Value $183,443 Tax Amount $13,035.36 Change Rate +0.08% Assessed CR Tax Rate +0.047976%
Year 2022 Assessed Value $251,579 Land Value $81,725 Improvement Value $169,854 Tax Amount $12,069.78 Change Rate +0.219948% Assessed CR Tax Rate +0.047976%
Year 2021 Assessed Value $206,213 Land Value $81,725 Improvement Value $124,488 Tax Amount $9,893.68 Change Rate -0.309175% Assessed CR Tax Rate +0.047978%
Year 2020 Assessed Value $294,604 Land Value $81,725 Improvement Value $212,879 Tax Amount $14,321.54 Change Rate -0.234285% Assessed CR Tax Rate +0.048613%
Year 2019 Assessed Value $389,794 Land Value $81,725 Improvement Value $308,069 Tax Amount $18,703.48 Change Rate +0.594995% Assessed CR Tax Rate +0.047983%
Year 2018 Assessed Value $389,794 Land Value $81,725 Improvement Value $308,069 Tax Amount $11,726.36 Change Rate +0.000939% Assessed CR Tax Rate +0.030083%
Year 2017 Assessed Value $244,375 Land Value $81,725 Improvement Value $162,650 Tax Amount $11,715.36 Change Rate Assessed CR Tax Rate +0.04794%
Year 2016 Assessed Value $244,375 Land Value $81,725 Improvement Value $162,650 Tax Amount $11,715.36 Change Rate -0.95206% Assessed CR Tax Rate +0.04794%
Year 2015 Assessed Value $244,375 Land Value $81,725 Improvement Value $162,650 Tax Amount $244,375 Change Rate +17.770441% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $275,339 Land Value $81,725 Improvement Value $193,614 Tax Amount $13,019.14 Change Rate Assessed CR Tax Rate +0.047284%
Year 2013 Assessed Value $275,339 Land Value $81,725 Improvement Value $193,614 Tax Amount Change Rate Assessed CR Tax Rate
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