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7940 Independence Dr; Albuquerque, NM Property Details

7940 Independence Dr, Albuquerque, NM is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 7940 Independence Dr has 3 bedrooms, and 2 bathrooms, and a total of 2,036 square feet. The lot size of 7940 Independence Dr is 9,496 square feet.

Off market  •   Pre Probate ✓
7940 Independence Dr NW Albuquerque, NM 87120
$231,038 Listing Price
3 Beds
2 Baths
2,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Purchase Price: $251,800
  • Open Loans / Balance: 1 / $230,363
  • Est. Equity / %: $182,637 / 44.22%
  • Gross Yield: 6.18%
  • APN: 1-011-063-500-485-1-12-12
  • Situs County: Bernalillo
  • Length Of Ownership: 9 years, 9 months

Rooms

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

Structure

  • Floor Cover Type: Wood
  • Stories: 2
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 2,036/SqFt
  • Lot: 9,496/SqFt
  • Gross: 2,036/SqFt
  • Living: 2,036/SqFt
  • Building: 2,036/SqFt
  • Ground: 2,036/SqFt
  • Price Per Square Foot: $123.67

Legal Description

  • Description: * 182 HOMESTEAD HILLS NORTH ADD'N
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: 35.173325 / -106.693504
  • Subdivision: Homestead Hills North Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2865
  • Bathroom Fixtures: 6

Ownership Info

7940 Independence Dr NW has no associated ownership info
7940 Independence Dr NW has no associated ownership info.

Taxes

7940 Independence Dr NW has 10 associated Taxes items

7940 Independence Dr, 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 $77,972. The APN we've located for 7940 Independence Dr is 1-011-063-500-485-1-12-12.

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Taxes
  • Assessed Value:  $77,972
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-011-063-500-485-1-12-12
  • Assessed Land Value:  12905
  • Market Land Value:  39879
  • Tax Amount:  2365.04
  • Tax Year:  2025
  • Market Value:  240955
  • Market Year:  2026

Tax History

7940 Independence Dr NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $80,311 Land Value $13,292 Improvement Value $67,019 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,365.04 Change Rate -0.146811% Assessed CR Tax Rate
Year 2024 Assessed Value $75,701 Land Value $12,529 Improvement Value $63,172 Tax Amount $2,772 Change Rate -0.117394% Assessed CR Tax Rate +0.036618%
Year 2023 Assessed Value $73,496 Land Value $12,164 Improvement Value $61,332 Tax Amount $3,140.7 Change Rate +0.034834% Assessed CR Tax Rate +0.042733%
Year 2022 Assessed Value $71,356 Land Value $11,810 Improvement Value $59,546 Tax Amount $3,034.98 Change Rate +0.034728% Assessed CR Tax Rate +0.042533%
Year 2021 Assessed Value $69,278 Land Value $11,466 Improvement Value $57,812 Tax Amount $2,933.12 Change Rate +0.037406% Assessed CR Tax Rate +0.042338%
Year 2020 Assessed Value $67,260 Land Value $11,132 Improvement Value $56,128 Tax Amount $2,827.36 Change Rate -0.019735% Assessed CR Tax Rate +0.042036%
Year 2019 Assessed Value $67,260 Land Value $11,132 Improvement Value $56,128 Tax Amount $2,884.28 Change Rate +0.036262% Assessed CR Tax Rate +0.042883%
Year 2018 Assessed Value $67,260 Land Value $11,132 Improvement Value $56,128 Tax Amount $2,783.35 Change Rate +0.178177% Assessed CR Tax Rate +0.041382%
Year 2017 Assessed Value $66,360 Land Value $11,466 Improvement Value $54,894 Tax Amount $2,362.42 Change Rate Assessed CR Tax Rate +0.0356%
Year 2016 Assessed Value $57,527 Land Value $11,132 Improvement Value $46,395 Tax Amount $2,362.42 Change Rate -0.958453% Assessed CR Tax Rate +0.041066%
Year 2015 Assessed Value $56,861 Land Value $11,132 Improvement Value $45,729 Tax Amount $56,861 Change Rate +23.399046% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $56,882 Land Value $13,100 Improvement Value $43,782 Tax Amount $2,330.46 Change Rate Assessed CR Tax Rate +0.04097%
Year 2013 Assessed Value $55,226 Land Value $12,719 Improvement Value $42,507 Tax Amount Change Rate Assessed CR Tax Rate