NOT LISTED FOR SALE

1101 Dr Martin Luther King jr Ave NE Unit 12 Albuquerque, NM 87106

Sycamore Neighborhood

Estimated Value: $192,000 - $224,000

1 Bed
1 Bath
700 Sq Ft
$293/Sq Ft Est. Value

Highlights

  • Gated Community
  • Deck
  • Walk-In Closet
  • Monte Vista Elementary School Rated A-
  • Wood Flooring
  • Home Security System

About This Home

As of April 2024

Can't beat this location, close to UNM, all major Hospitals & several other services and amenities with easy access to the Sunport International Airport. One of the few studio condos located in Mulberry Gardens. Upscale LOFT-studio. Gorgeous hardwood floors, natural light, beautiful full-size kitchen, appliances, full bath, garden tub, walk-in closet, washer/dryer, in unit. Private Patio-deck off living room, for indoor-outdoor living. A Wonderful secure gated community, All units open onto a private, secure, professionally landscaped courtyard. Unit conveys with a one-car garage w/remote and keypad opener. Perfect for student or professional wanting to live near UNM, hospitals, Downtown, Or as a retreat for an Albuquerque get-away. An awesome investment property with a 18-year rental

Last Agent to Rent the Property

April Ager

NM Real Estate Resources, Inc License #18376 Listed on: 02/09/2024

Last Renter's Agent

April Ager

NM Real Estate Resources, Inc License #18376 Listed on: 02/09/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,656

Year Built

  • 2006

Lot Details

  • 10,019

Parking

  • 1 Car Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • 700 Sq Ft Home

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Laundry in Garage
  • Deck

Listing and Financial Details

  • Security Deposit $1,450
  • Property Available on 4/19/24
  • Tenant pays for cable TV, electricity, gas, sewer, trash collection, water

Community Details

Overview

  • Property has a Home Owners Association
  • Mulberry Gardens Community

Pet Policy

  • Pet Deposit $300

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,656

Year Built

2006

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection, Water
  • Available Date: 2024-04-19
  • Security Deposit: 1450.0
  • Pet Deposit: 300.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Building Name: Mulberry Gardens
  • Garage Yn: Yes
  • Structure Type: Townhouse
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 700.0

Exterior Features

  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Guest, Off Street, On Street

Utilities

  • Cooling: Central Air
  • Laundry Features: In Unit
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association: Yes
  • Pets Allowed: Negotiable

Lot Info

  • Lot Size Sq Ft: 10236.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2006
Sold by
Mulberry Gardens Llc
Bought by
Ager April
Current Estimated Value
$205,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,736
Outstanding Balance
$55,204
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,030
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
Ager April -- Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ager April $92,736
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Rented $1,214 -16.3% --
02/09/2024 02/09/24 For Rent $1,450 +20.8% --
03/13/2022 03/13/22 Rented $1,200 0.0% --
03/13/2022 03/13/22 Off Market $1,200 -- --
03/11/2022 03/11/22 Under Contract -- -- --
01/14/2022 01/14/22 For Rent $1,200 0.0% --
12/01/2020 12/01/20 Rented $1,200 0.0% --
11/28/2020 11/28/20 Under Contract -- -- --
10/11/2020 10/11/20 For Rent $1,200 -- --
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 $1,656 $38,839 $0 $38,839
2023 $1,645 $37,708 $0 $37,708
2022 $1,557 $36,610 $0 $36,610
2021 $1,505 $35,543 $0 $35,543
2020 $1,480 $34,508 $0 $34,508
2019 $1,437 $33,503 $0 $33,503
2018 $1,386 $33,503 $0 $33,503
2017 $1,343 $32,528 $0 $32,528
2016 $1,304 $30,661 $0 $30,661
2015 $29,768 $29,768 $0 $29,768
2014 $1,227 $28,901 $0 $28,901
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • April Ager

    Landlord's Agent in 2024

    April Ager

    NM Real Estate Resources, Inc

    (505) 269-5771

    1 in this area

    12 Total Sales

    April Ager
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Map

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

MLS Number: 1056927

Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

New Mexico Bernalillo County Albuquerque 87106 Sycamore

1101 Dr Martin Luther King jr Ave NE Unit 12, Albuquerque, NM

This home is located at 1101 Dr Martin Luther King jr Ave NE Unit 12, Albuquerque, NM 87106 since 09 February 2024 and is currently priced at $205,234. This property was built in 2006. 1101 Dr Martin Luther King jr Ave NE Unit 12 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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