NOT LISTED FOR SALE

1008 Madeira Dr SE Albuquerque, NM 87108

South San Pedro Neighborhood
1 Bed
1 Bath
2,124 Sq Ft
8,276 Sq Ft Lot

Last Sold November 02, 2017

119 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Community Storage Space
  • Patio
  • Landscaped
  • Wall Furnace

About This Home

As of November 2017

UNDER CONTRACT BUT TAKING BACK UP OFFERS. 8.25% CAP Rate! Immaculately maintained 4-plex in high demand area. Pitched roof was replaced in 2016...still under warranty. 3 of 4 water heaters are NEW, HVAC is great condition (New units in 2011). Owner/Broker has opportunity to place equity in a different project and has priced to sell. Inspections upon accepted offer only. Property shows great pride of ownership. Impress your clients with this rare find.

Last Agent to Sell the Property

Steve Kraemer

R1 Commercial License #44314 Listed on: 06/02/2017

Last Buyer's Agent

Sean Hellmann

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,124 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 101805607524832214

Community Details

Overview

  • 2,124 Sq Ft Building
  • Virginia Place Add Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $14,615
  • Gross Income $32,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,682

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Gibson, North on San Mateo, East on Kathryn, south on Madeira. Property on the east side of Madeira.
  • Listing Contract Date: 2017-06-02
  • Year Built: 1957
  • Lot Size Acres: 0.19
  • Subdivision Name: Virginia Place Add
  • Unit Levels: One
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Free-Standing Electric Range, Disposal, Refrigerator, Range Hood
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 2124.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Landscaping, Lighting, Patio
  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed
  • Builder Name: Unknown
  • Construction Type: Frame
  • Patio And Porch Features: Patio

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 101805607524832214
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 32520.0
  • Annual Operating Expense: 14615.0

Tax Info

  • Tax Annual Amount: 1681.76

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold -- -- --
09/29/2017 09/29/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $210,880 -- $99 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Kraemer

    Seller's Agent in 2017

    Steve Kraemer

    R1 Commercial

    (505) 417-5214

    1 in this area

    10 Total Sales

    Steve Kraemer
    Section Image
  • Sean Hellmann

    Buyer's Agent in 2017

    Sean Hellmann

    Keller Williams Realty

    (505) 453-3002

    227 Total Sales

    Sean Hellmann
    Section Image
See All Agents

Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 893519

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-056-075-248-3-22-14

New Mexico Bernalillo County Albuquerque 87108 South San Pedro

1008 Madeira Dr SE, Albuquerque, NM

This home is located at 1008 Madeira Dr SE, Albuquerque, NM 87108 since 02 June 2017. This property was built in 1957. 1008 Madeira Dr SE is a home located in Bernalillo County with nearby schools including Whittier Elementary School, Wilson Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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