1104 Palomas Dr SE Albuquerque, NM 87108
South San Pedro NeighborhoodEstimated payment $5,994/month
Highlights
- 0.56 Acre Lot
- Forced Air Heating System
- Community Storage Space
- Patio
- Evaporated cooling system
- Property has 1 Level
About This Home
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market this opportunity to purchase this 10-plex with two bedroom, one bathroom units. The property includes two fourplexes and one duplex.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.This 10-plex is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Face-book, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,065
Year Built
- Built in 1955
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 7,720 Sq Ft Home
- Property has 1 Level
- Free-Standing Gas Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Patio
- 24,306 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 101805610818831610
Community Details
Overview
- 10 Units
- 7,720 Sq Ft Building
- Virginia Place Subdivision
Amenities
- Community Storage Space
Building Details
- Operating Expense $33,788
- Gross Income $116,460
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,065 | $147,839 | $50,155 | $97,684 |
| 2025 | $6,065 | $143,533 | $48,694 | $94,839 |
| 2024 | $5,879 | $139,353 | $47,276 | $92,077 |
| 2023 | $5,782 | $135,294 | $45,899 | $89,395 |
| 2022 | $5,587 | $131,353 | $44,562 | $86,791 |
| 2021 | $5,561 | $131,353 | $44,562 | $86,791 |
| 2020 | $5,634 | $131,353 | $44,562 | $86,791 |
| 2019 | $4,794 | $111,790 | $35,777 | $76,013 |
| 2018 | $4,623 | $111,790 | $35,777 | $76,013 |
| 2017 | $4,481 | $108,535 | $34,736 | $73,799 |
| 2016 | $4,353 | $102,305 | $32,742 | $69,563 |
| 2015 | $99,325 | $99,325 | $31,788 | $67,537 |
| 2014 | $4,095 | $96,433 | $30,863 | $65,570 |
| 2013 | -- | $93,624 | $29,964 | $63,660 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/19/2026 08/19/26 | For Sale | $999,565 | +135.2% | $129 / Sq Ft | |
| 06/20/2019 06/20/19 | Sold | -- | -- | -- | View Prior Sale |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- | |
| 04/19/2018 04/19/18 | For Sale | $425,000 | -- | $55 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Contract | $830,000 | Fidelity National Ttl Ins Co | |
| Warranty Deed | -- | Old Republic Natl Ttl Ins Co | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | U S Title | |
| Warranty Deed | -- | First American Title Ins Co | |
| Contract Of Sale | $350,000 | Albuquerque Title Co Inc | |
| Warranty Deed | -- | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $442,000 | Commercial | |
| Previous Owner | $404,000 | Commercial | |
| Previous Owner | -- | Unknown | |
| Previous Owner | $80,000 | Seller Take Back |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1109470
APN: 1-018-056-108-188-3-16-10
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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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