NOT LISTED FOR SALE

1101 Dr Martin Luther King jr Ave NE Unit 11 Albuquerque, NM 87106

Sycamore Neighborhood

Estimated Value: $194,000 - $245,000

1 Bed
1 Bath
580 Sq Ft
$1,800/mo HOA Fee

Last Sold November 10, 2022

Current estimated payment $3,122/month

16 Days on Market

Highlights

  • Gated Community
  • Deck
  • 1 Car Detached Garage
  • Monte Vista Elementary School Rated A-
  • Wood Flooring
  • Double Pane Windows

About This Home

As of November 2022

Modern upscale condo, central location! Walk to Presbyterian Hospital, Lovelace Medical Center, UNM, Downtown, and Nob Hill! This gated condo features a private garage with an automatic opener and a large (approx. 200 sq. ft.) private 2nd-floor patio with views to the west. All new high-end Samsung appliances (refrigerator, range, microwave, dishwasher, washer, and dryer) were installed in late 2021 and are included in the sale. HOA maintains the exterior of the building and all landscaping. This studio includes a full bath and walk-in closet. Perfect low-maintenance condo for rental opportunity, student, or medical professional!

Last Agent to Sell the Property

Jonas Courey

CENTURY 21 Camco Realty License #52902 Listed on: 08/26/2022

CENTURY 21 Camco Realty

Last Buyer's Agent

Jon Schaumburg

Legendre Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 2006

Lot Details

  • Northwest Facing Home
  • Land Lease

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 580 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows

Kitchen

  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Monte Vista Elementary School
  • Jefferson Middle School
  • Albuquerque High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101505716344425101AL

Community Details

Overview

  • Association fees include common areas, ground maintenance, utilities
  • 13 Units
  • Built by Sn Gilligan

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,742

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,800 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Directions: From University and Martin Luther King, go west four blocks to corner of Mulberry. Mulberry Gardens is located on corner of MLK and Mulberry. Unit #11 is on upper NW corner.
  • Listing Contract Date: 2022-08-09
  • Year Built: 2006
  • Lot Size Acres: 0.23
  • Road Frontage Type: Public Road
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built Details: 16 - 20
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 580.0
  • Stories: 2
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl

Exterior Features

  • Exterior Features: Deck
  • Roof: Tar/Gravel
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Sn Gilligan
  • Construction Type: Frame, Stucco
  • Direction Faces: Northwest
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: No
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 1800.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Utilities

Schools

  • Elementary School: Monte Vista
  • High School: Albuquerque
  • Middle Or Junior School: Jefferson

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 10236.6
  • Parcel #: 101505716344425101AL
  • Zoning Description: R-MH*

Multi Family

  • Number Of Units Total: 13

Tax Info

  • Tax Annual Amount: 1742.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 8, 2022
Sold by
Legg James
Bought by
Esparza Ben
Seller's Agent
Jonas Courey
CENTURY 21 Camco Realty
Buyer's Agent
Jon Schaumburg
Legendre Properties LLC
List Price
$197,500
Views
66
Current Estimated Value
$214,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$155,200
Outstanding Balance
$150,361
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$64,400

Purchase Details

Closed on
Feb 10, 2021
Sold by
Lee Samuel A and Lee Helene
Bought by
Legg James

Purchase Details

Closed on
Feb 5, 2021
Sold by
Legg James and Legg Nina
Bought by
Legg James and Legg Nina

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 30, 2014
Sold by
Welker Susan
Bought by
Lee Samuel A and Lee Helene
Seller's Agent
Susan Welker
Village Makers Realty, LLC
Buyer's Agent
Ray & Kathi Pirolo
CENTURY 21 Camco Realty
List Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Mulberry Gardens Llc
Bought by
Welker Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,328
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Esparza Ben -- Fidelity National Title
Legg James -- Fidelity National Title
Legg James -- Fidelity Natl Ttl Of Nm Inc
Lee Samuel A -- Fidelity Natl Title Of New M
Welker Susan -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esparza Ben $155,200
Previous Owner Welker Susan $100,328
Previous Owner Welker Susan $20,065
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold -- -- --
09/12/2022 09/12/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $197,500 +46.3% $341 / Sq Ft
06/30/2014 06/30/14 Sold -- -- -- View Prior Sale
05/30/2014 05/30/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $135,000 -- $233 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,182 $51,728 $0 $51,728
2023 $2,211 $51,728 $0 $51,728
2022 $2,200 $51,728 $0 $51,728
2021 $1,742 $41,155 $0 $41,155
2020 $1,714 $39,956 $0 $39,956
2019 $1,664 $38,793 $0 $38,793
2018 $1,653 $38,793 $0 $38,793
2017 $1,650 $38,793 $0 $38,793
2016 $1,650 $38,793 $0 $38,793
2015 $37,663 $37,663 $0 $37,663
2014 $1,227 $28,901 $0 $28,901
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonas Courey

    Seller's Agent in 2022

    Jonas Courey

    CENTURY 21 Camco Realty

    (888) 906-2121

    1 in this area

    54 Total Sales

    Jonas Courey
    Section Image

  • J

    Buyer's Agent in 2022

    Jon Schaumburg

    Legendre Properties LLC

  • S

    Seller's Agent in 2014

    Susan Welker

    Village Makers Realty, LLC

    Section Image
  • Ray & Kathi Pirolo

    Buyer's Agent in 2014

    Ray & Kathi Pirolo

    CENTURY 21 Camco Realty

    (505) 480-7002

    97 Total Sales

    Ray & Kathi Pirolo
    Section Image
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Map

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

MLS Number: 1021601

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-057-163444-2-51-01-AL

New Mexico Bernalillo County Albuquerque 87106 Sycamore

1101 Dr Martin Luther King jr Ave NE Unit 11, Albuquerque, NM

This home is located at 1101 Dr Martin Luther King jr Ave NE Unit 11, Albuquerque, NM 87106 since 26 August 2022 and is currently estimated at $214,761, approximately $370 per square foot. This property was built in 2006. 1101 Dr Martin Luther King jr Ave NE Unit 11 is a home located in Bernalillo County with nearby schools including Monte Vista Elementary School, Jefferson Middle School, and Albuquerque 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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