PENDING
$100K PRICE DROP
144 40th St SW Albuquerque, NM 87105
Near South Valley NeighborhoodEstimated payment $1,989/month
Total Views
8,399
1.47
Acres
$238,095
Price per Acre
64,033
Sq Ft 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.
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
Map
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Home Values in the Area
Average Home Value in this Area
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
Similar Properties in Albuquerque, NM
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1023411
APN: 1-012-057-280419-1-07-15
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