NOT LISTED FOR SALE

1031 Sunset Rd SW Albuquerque, NM 87105

1 Bed
1 Bath
5,235 Sq Ft
1.54 Acres

Last Sold December 19, 2019

162 Days on Market

Highlights

  • 1.54 Acre Lot
  • Wheelchair Access
  • Wall Furnace
  • Evaporated cooling system
  • Tile Flooring
  • Property has 1 Level

About This Home

As of December 2019

Well maintained 10 units in the near but still rural South Valley consisting of Casita type units in four different buildings on 1.5+ acres. These units are always occupied, and rent up in matter of days after turnover. Many long term tenants. Unit mix of hard to find studios, 1 bedrooms and 2 bedrooms. The property is zoned C-1 County Neighborhood Zone, and the vacant portion of the property west of the buildings can be developed. Newer well maintained evaporative coolers, newer roofs on several buildings, and above market rents on most units. Unit Mix: 3 Studios, 5 One Bedroom, 2 Two Bedroom units. Building one, south east corner of property has three units, Building two, west of building one has three units, Building Three, north east corner of property divided into two units

Last Agent to Sell the Property

Frederick Reed

ABQ Properties LLC License #18963 Listed on: 05/08/2019

Co-Listed By

Josh Sanchez

ABQ Properties LLC License #47670

Last Buyer's Agent

Non Member

DO NOT USE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1941

Lot Details

  • 1.54

Home Design

  • Frame Construction
  • Masonry

Interior Spaces

  • 5,235 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • 1.54 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 101205650725241412

Community Details

Overview

  • 10 Units
  • 5,235 Sq Ft Building
  • Middle Rio Grande Conservancy Subdivision

Building Details

  • Operating Expense $21,544
  • Gross Income $73,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,649

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Interstate 25 & Aveneida Cesar Chavez, west on Aveneida Cesar Chavez which will turn into Bridge Blvd. Continue west to intersection of Sunset and Bridge. South on Bridge approximately one block to the property. Located across the street from US Post Office on Sunset Rd SW
  • Listing Contract Date: 2019-05-07
  • Year Built: 1941
  • Lot Size Acres: 1.54
  • Co List Office Mls Id: ABQP02
  • Co List Office Phone: (505) 717-3002
  • Subdivision Name: Middle Rio Grande Conservancy
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Free-Standing Gas Range
  • Stories: 1
  • Number Of Buildings: 4
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 5235.0

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Masonry
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 67082.0
  • Parcel #: 101205650725241412
  • Zoning Description: C-1

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 73260.0
  • Annual Operating Expense: 21544.0

Tax Info

  • Tax Annual Amount: 3649.0

Range of Values:

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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 List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold -- -- --
10/17/2019 10/17/19 Pending -- -- --
08/28/2019 08/28/19 Price Changed $445,000 -3.8% $85 / Sq Ft
07/22/2019 07/22/19 Price Changed $462,500 -2.6% $88 / Sq Ft
05/08/2019 05/08/19 For Sale $475,000 -- $91 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Frederick Reed

    Seller's Agent in 2019

    Frederick Reed

    ABQ Properties LLC

    (505) 730-8934

    6 in this area

    63 Total Sales

    Frederick Reed
    Section Image
  • Josh Sanchez

    Seller Co-Listing Agent in 2019

    Josh Sanchez

    ABQ Properties LLC

    (505) 507-8092

    3 in this area

    31 Total Sales

    Josh Sanchez
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member

    DO NOT USE

See All Agents

Map

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

MLS Number: 943989

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-056-507-252-4-14-12

New Mexico Bernalillo County Albuquerque 87105

1031 Sunset Rd SW, Albuquerque, NM

This home is located at 1031 Sunset Rd SW, Albuquerque, NM 87105 since 08 May 2019. This property was built in 1941. 1031 Sunset Rd SW is a home located in Bernalillo County with nearby schools including Armijo Elementary School, Ernie Pyle Middle School, and Rio Grande 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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