Price Undisclosed
SOLD JAN 31, 2025
1 Bed
1 Bath
5,500 Sq Ft
0.3 Acres

Recently Sold

$168 Per Sq Ft

166 Days on Market

Highlights

  • 0.3 Acre Lot
  • Evaporated cooling system
  • Wall Furnace
  • Wood Flooring
  • Landscaped
  • Property has 1 Level

About This Home

As of January 2025

On behalf of the owner, NM Apartment Advisors and Deacon Property Services are thrilled to bring to market this mid-century modern gem of a 10 unit apartment complex. Excellent Ridgecrest location: pride of ownership block right off Ridgecrest Ave. and Kathryn Ave. Close to UNM, CNM, Kirtland Air Force Base, the Sunport, and Nob Hill. This property is positioned to reap the benefits of one Albuquerque's largest and most concentrated revitalizations and in

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 06/23/2024

Co-Listed By

Kyle Deacon

Deacon Property Services License #15579

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Additional Parcels

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 5,500 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101705649929010704

Community Details

Overview

  • 5,500 Sq Ft Building
  • Sanmateo Heights Subdivision

Building Details

  • Operating Expense $31,335
  • Gross Income $87,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,584

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From I-40 and Gibson, east on Gibson, past the new Max-Q development to San Mateo, north to Kathryn, west to Truman, south to property.
  • Listing Contract Date: 2001-06-01
  • Year Built: 1955
  • Lot Size Acres: 0.3
  • Co List Office Mls Id: DEAC01
  • Co List Office Phone: (505) 878-0100
  • Subdivision Name: SanMateo Heights
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 5500.0
  • Stories: 1

Exterior Features

  • Exterior Features: Landscaping
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Block, Frame, Stucco
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Additional Parcels: Yes
  • Parcel #: 101705649929010704
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 87609.0
  • Annual Operating Expense: 31335.0

Tax Info

  • Tax Annual Amount: 3583.96

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
01/31/2025 01/31/25 Sold -- -- --
12/07/2024 12/07/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $923,759 0.0% $168 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
06/23/2024 06/23/24 For Sale $923,759 +86.6% $168 / Sq Ft
03/05/2020 03/05/20 Sold -- -- --
01/09/2020 01/09/20 For Sale $495,000 0.0% $89 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
12/31/2019 12/31/19 Off Market -- -- --
12/07/2019 12/07/19 For Sale $495,000 0.0% $89 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $495,000 +116.2% $89 / Sq Ft
06/17/2016 06/17/16 Sold -- -- --
04/25/2016 04/25/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $229,000 -- $41 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1065668

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-056-499-290-1-07-04