$350,000
PENDING $100K PRICE DROP

144 40th St SW Albuquerque, NM 87105

Estimated payment $1,894/month

1.47 Acres
$238,095 Price per Acre
64,033 Sq Ft Lot

Highlights

  • 1.47 Acre Lot
  • Valle Vista Elementary School Rated 9+
  • Level Lot

About This Lot

Located right in the West Central shopping and commuter corridor, attractive zoning and ready for development. Includes drawings for 26 apartments. Prime location off Central Ave. Route 66, near Rio Grande, Old Town, El Vado, walking / biking trails, ART, retail shopping and dining. Cell tower rights do not convey.

Listing Agent

Gilbert Gallegos

Real Broker, LLC Listed on: 09/27/2022

Real Broker, LLC

Co-Listing Agent

Coralee Quintana

EXP Realty LLC License #48091

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $352

Lot Details

  • 1.47 Acre Lot
  • Level Lot
  • Zoning described as C-1

Schools

  • Valle Vista Elementary School
  • Ernie Pyle Middle School
  • Rio Grande High School

Utilities

  • Cable TV Available

Community Details

  • New Bridge Acres Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 101205728041910715

Property Details

Property Type

Land

Est. Annual Taxes

$352

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: CENTRAL AND ATRISCO SW
  • Listing Contract Date: 2022-09-27
  • Lot Size Acres: 1.47
  • Co List Office Mls Id: EXPR01
  • Co List Office Phone: (505) 554-3873
  • Subdivision Name: New Bridge Acres
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unimproved

Exterior Features

  • Lot Features: Other, See Remarks
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Other, See Remarks
  • Sewer: Other, See Remarks

Schools

  • Elementary School: Valle Vista
  • High School: Rio Grande
  • Middle Or Junior School: Ernie Pyle

Lot Info

  • Topography: Level
  • Number of Lots: 1
  • Current Use: Unimproved
  • Lot Size Sq Ft: 63902.52
  • Parcel #: 101205728041910715
  • Zoning Description: C-1

Tax Info

  • Tax Annual Amount: 352.32
  • Tax Block: NA
  • Tax Lot: 8
  • Tax Tract: NA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,217 $8,233 $8,233 $0
2023 $764 $8,233 $8,233 $0
2022 $352 $8,233 $8,233 $0
2021 $352 $8,233 $8,233 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Pending -- -- --
03/11/2023 03/11/23 Price Changed $350,000 -12.5% --
01/31/2023 01/31/23 Price Changed $400,000 -5.9% --
11/05/2022 11/05/22 Price Changed $425,000 -5.6% --
09/27/2022 09/27/22 For Sale $450,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Old Republic National Title In
Warranty Deed -- Old Republic National Title
Land Contract $160,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Construction
Previous Owner $4,161,344 New Conventional
Previous Owner $150,000 Land Contract Argmt. Of Sale
Source: Public Records

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

MLS Number: 1023411

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-057-280419-1-07-15