Seller's Agent in 2022
Bruce Golden
Berger Briggs RE & Prop Mgmt
(505) 670-3240
2 in this area
10 Total Sales
117 Mesa St SE Albuquerque, NM 87106
Silver Hill Neighborhood
1
Bed
1
Bath
1,785
Sq Ft
3,920
Sq Ft Lot
Highlights
- Wood Flooring
- Evaporated cooling system
- Ceiling Fan
- Monte Vista Elementary School Rated A-
- Landscaped
- Wall Furnace
About This Home
As of November 2022These large one bedroom/one bath units are in a great location less than one block from the UNM campus and the ART Transportation System, plus they are an easy walking distance to Nob Hill. Each unit is 893 SF in size and there is an enclosed backyard plus off-street parking. There is substantial upside potential to revenues and value. If rents are moved to market rates, the capitalization rate would improve to 6.01%, the total return on equity would improve to 9.05%. There is also an after-tax IRR of 13.52% based on a 5-year hold.
Last Agent to Sell the Property
Berger Briggs RE & Prop Mgmt License #46343 Listed on: 09/20/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,570
Year Built
- Built in 1940
Lot Details
- 3,920 Sq Ft Lot
- Landscaped
- Additional Parcels
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 1,785 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Unfinished Basement
- Interior Basement Entry
- Free-Standing Gas Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
- Low Flow Plumbing Fixtures
Outdoor Features
- Exterior Lighting
Utilities
- Evaporated cooling system
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Community Details
- 1,785 Sq Ft Building
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 101505740727810508
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 11/18/2022 11/18/22 | Sold | -- | -- | -- |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 10/02/2022 10/02/22 | For Sale | $269,500 | 0.0% | $151 / Sq Ft |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | For Sale | $269,500 | -- | $151 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
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 |
|---|---|---|---|---|
| 2025 | $3,250 | $76,907 | $13,330 | $63,577 |
| 2024 | $3,150 | $74,667 | $12,942 | $61,725 |
| 2023 | $3,098 | $72,492 | $12,565 | $59,927 |
| 2022 | $1,710 | $40,193 | $16,883 | $23,310 |
| 2021 | $1,652 | $39,022 | $16,391 | $22,631 |
| 2020 | $1,625 | $37,886 | $15,914 | $21,972 |
| 2019 | $1,577 | $36,783 | $15,451 | $21,332 |
| 2018 | $1,521 | $36,783 | $15,451 | $21,332 |
| 2017 | $1,474 | $35,712 | $15,001 | $20,711 |
| 2016 | $1,432 | $33,662 | $14,140 | $19,522 |
| 2015 | $32,683 | $32,683 | $13,729 | $18,954 |
| 2014 | $1,347 | $31,731 | $13,329 | $18,402 |
| 2013 | -- | $30,807 | $12,941 | $17,866 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Golden
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1023009
APN: 1-015-057-407-278-1-05-08
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