NOT LISTED FOR SALE

12105 Sierra Grande Ave NE Albuquerque, NM 87112

Estimated Value: $512,000 - $625,000

1 Bed
1 Bath
3,412 Sq Ft
$163/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $3,591/month

2 Days on Market

Highlights

  • Wheelchair Access
  • Landscaped
  • Property has 1 Level
  • Ceramic Tile Flooring
  • No Heating

About This Home

As of April 2022

PERMITTED FOR 11 PERSON ASSISTED LIVING FACILITY. Ten bedrooms, 4 baths. Purpose-built for care providers, non-profits, large families, and multi-generational families. New pristine remodel 90% complete. Fixtures and finishes are buyer's to select and install. Great Income potential. Perfect NE Heights location is one-block walking distance to grocery, restaurants, bus line, clothing, hardware, parks, and more. Scenic residential area with views and sunsets. Parking on site. Xeriscape front yard.Owner financing available. Seller and architect will install the finishes it to your specs by separate agreement. Blueprints and construction permits are recently approved by the City. Licensed contractors used throughout and built to code.

Last Agent to Sell the Property

Steve Quintana

Berkshire Hathaway NM Prop License #18611 Listed on: 03/05/2022

Berkshire Hathaway NM Prop

Last Buyer's Agent

Dion Armijo

The Sanchez Group Realty License #50931

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1964

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Additional Parcels

Parking

  • 5 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,412 Sq Ft Home
  • Property has 1 Level
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Accessible Home Design

  • Wheelchair Access

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • 3,412 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 102205807108030429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,498

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Directions: One block east of Juan Tabo NE on Sierra Grande Ave. NE. Property on NE corner of Sierra Grande Ave NE and Casa Grande Ave. NE.Also: Juan Tabo NE just one block north of Lomas Blvd. NE.Also: East of Albertsons.
  • Listing Contract Date: 2022-03-03
  • Year Built: 1964
  • Lot Size Acres: 0.24
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Other
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3412.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Sprinkler/Irrigation, Landscaping
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Electric: None
  • Heating: None
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Additional Parcels: Yes
  • Parcel #: 102205807108030429
  • Zoning Description: R-1C*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 2497.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Trail House Llc
Bought by
Nakomis Dwellings Llc
Current Estimated Value
$555,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$416,883
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$110,755

Purchase Details

Closed on
May 15, 2023
Sold by
Trail House Llc
Bought by
Nakomis Dwellings Llc

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 29, 2022
Sold by
Rezlo Properties Llc
Bought by
Skinner Jack C
Seller's Agent
Steve Quintana
Berkshire Hathaway NM Prop
Buyer's Agent
Dion Armijo
The Sanchez Group Realty
List Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%

Purchase Details

Listed on
Mar 1, 2020
Closed on
Jul 6, 2020
Sold by
Dwyer Don
Bought by
Rezlo Properties Llc
Seller's Agent
Gary Bernier
Re/Max Exclusive
Buyer's Agent
Denise Jaimes
Realty One of New Mexico
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.94%
Original Mortgage
$195,000
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 20, 2018
Sold by
High Desert Assisted Living Llc
Bought by
Dwyer Don

Purchase Details

Listed on
Apr 16, 2015
Closed on
Dec 17, 2015
Sold by
Satterfield Shawn L and Satterfield Dixie A
Bought by
High Desert Assisted Living Llc
Seller's Agent
Sandia Homes Team
Keller Williams Realty
Buyer's Agent
Timothy Lopez
CENTURY 21 Camco Realty
List Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%
Original Mortgage
$171,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Mills Lois E
Bought by
Satterfield Shawn L and Satterfield Dixie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nakomis Dwellings Llc -- First American Title
Nakomis Dwellings Llc $239,700 None Listed On Document
Trail House Llc -- Fidelity National Title
Skinner Jack C -- Fidelity National Title
Rezlo Properties Llc $230,000 Fidelity National Ttl Ins Co
Dwyer Don -- None Available
High Desert Assisted Living Llc -- Old Republic Title Co
Satterfield Shawn L -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakomis Dwellings Llc $420,000
Previous Owner Rezlo Properties Llc $195,000
Previous Owner High Desert Assisted Living Llc $171,000
Previous Owner Satterfield Shawn L $175,000
Previous Owner Satterfield Shawn L $185,500
Previous Owner Mills Lois E $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold -- -- --
03/07/2022 03/07/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $545,000 +118.0% $160 / Sq Ft
07/06/2020 07/06/20 Sold -- -- --
04/25/2020 04/25/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $250,000 +4.2% $70 / Sq Ft
12/18/2015 12/18/15 Sold -- -- --
11/12/2015 11/12/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $240,000 -- $78 / 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 $6,779 $160,664 $14,796 $145,868
2023 $6,666 $155,984 $14,365 $141,619
2022 $2,584 $60,764 $13,114 $47,650
2021 $2,498 $58,994 $12,732 $46,262
2020 $2,190 $51,062 $12,732 $38,330
2019 $12,327 $90,291 $12,732 $77,559
2018 $3,537 $90,291 $12,732 $77,559
2017 $3,428 $83,024 $13,507 $69,517
2016 $3,330 $78,259 $12,732 $65,527
2015 $73,993 $73,993 $12,732 $61,261
2014 $3,140 $73,953 $11,348 $62,605
2013 -- $71,799 $11,017 $60,782
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1010128

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-058-071080-3-04-29