$180,000
SOLD DEC 20, 2024
Last list price

1405 5th St NW Albuquerque, NM 87102

Wells Park Neighborhood
0.17 Acre
$1,058,824 Price per Acre
7,405 Sq Ft Lot

Recently Sold

39 Days on Market

Highlights

  • Gated Home
  • Level Lot
  • 5-minute walk to Wells Park
  • Albuquerque High School Rated A-

About This Lot

As of December 2024

The adjacent lot is ready for new development, with all utilities on-site or nearby. Ideal for building a townhome or duplex, it's close to museums, breweries, and restaurants with easy I-40 access. Together, this package offers immediate and future income opportunities, making it the ultimate value for investors seeking cash flow and long-term growth potential. Maximize your investment with this unbeatable value combo! Own a fully upgraded early 1900s farmhouse and an adjacent buildable lot in Downtown Albuquerque's vibrant Wells Park. The farmhouse delivers both charm and income, featuring two separate, consistently rented units with modern systems and finishes alongside historic character. Ample gated parking, including space for RVs, adds rental appeal. Don't miss out!

Last Agent to Sell the Property

Trung Doan

Equity New Mexico License #38917 Listed on: 10/26/2024

Last Buyer's Agent

Jeremy Navarro

Keller Williams Realty License #20043

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $795

Lot Details

  • 7,405 Sq Ft Lot
  • Gated Home
  • Wood Fence
  • Level Lot
  • Zoning described as MX-T*

Schools

  • Reginald Chavez Elementary School
  • Washington Middle School
  • Albuquerque High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Albright Moore Subdivision

Listing and Financial Details

  • Legal Lot and Block 9-A / 20
  • Assessor Parcel Number 101405819940422805

Property Details

Property Type

Land

Est. Annual Taxes

$795

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Directions: Take the 6th St exit from I-40, Go South on 6th St. Turn East on Kinley. Property is on corner of Kinley and 5th St.
  • Listing Contract Date: 2024-10-26
  • Lot Size Acres: 0.17
  • Subdivision Name: Albright-Moore
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Fencing: Gate, Wood
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer: Public Sewer

Schools

  • Elementary School: Reginald Chavez
  • High School: Albuquerque
  • Middle Or Junior School: Washington

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Other
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 101405819940422805
  • Zoning Description: MX-T*

Tax Info

  • Tax Annual Amount: 794.54
  • Tax Block: 20
  • Tax Lot: 9-A
  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Dec 20, 2024
Sold by
Watson Stefan
Bought by
Santistevan Ivan and Santistevan Tanya
Seller's Agent
Trung Doan
Equity New Mexico
Buyer's Agent
Jeremy Navarro
Keller Williams Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Views
22
Current Estimated Value
$172,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,206
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Mcclernon Cherie P and Mcclernon Patrick L
Bought by
Mcclernon Patrick L and Mcclernon Cherie W
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 Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold -- -- --
12/04/2024 12/04/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $180,000 -- --
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 $1,702 $14,365 $14,365 $0
2023 $795 $14,365 $14,365 $0
2022 $780 $14,365 $14,365 $0
2021 $780 $14,365 $14,365 $0
2020 $780 $14,365 $14,365 $0
2019 $780 $14,365 $14,365 $0
2018 $780 $14,365 $14,365 $0
2017 $776 $14,365 $14,365 $0
2016 $771 $14,365 $14,365 $0
2015 $14,365 $14,365 $14,365 $0
2014 $754 $14,365 $14,365 $0
2013 -- $14,365 $14,365 $0
Source: Public Records

Agents Affiliated with this Home

  • Trung Doan

    Seller's Agent in 2024

    Trung Doan

    Equity New Mexico

    (505) 239-6927

    3 in this area

    81 Total Sales

    Trung Doan
    Section Image
  • Jeremy Navarro

    Buyer's Agent in 2024

    Jeremy Navarro

    Keller Williams Realty

    (505) 377-4070

    2 in this area

    386 Total Sales

    Jeremy Navarro
    Section Image
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Map

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

MLS Number: 1073113

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-199404-2-28-05

New Mexico Bernalillo County Albuquerque 87102 Wells Park

1405 5th St NW, Albuquerque, NM

This home is located at 1405 5th St NW, Albuquerque, NM 87102 and is currently estimated at $180,000. 1405 5th St NW is a home located in Bernalillo County with nearby schools including Reginald Chavez Elementary, Washington 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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