$50,000
SOLD DEC 14, 2012
Last list price

1509 7th St NW Albuquerque, NM 87102

Wells Park Neighborhood
0.13 Acre
$384,615 Price per Acre
5,663 Sq Ft Lot

Recently Sold

231 Days on Market

About This Lot

As of February 2025

Excellant property in revitalizing Old Town, Downtown area. Great investment property to build. Fenced and leveled.

Last Agent to Sell the Property

George Torres

Realty Assoc/George Torres RE License #12419 Listed on: 03/12/2012

Last Buyer's Agent

Marilyn Eifert

Coldwell Banker Legacy

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,236

Lot Details

  • 5,663 Sq Ft Lot
  • Wire Fence
  • Level Lot
  • Zoning described as S-R

Parking

  • Parking Pad

Utilities

  • Electricity Not Available
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 101405809644822508

Property Details

Property Type

Land

Est. Annual Taxes

$4,236

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Mountain R. NW and 7th St. go north on 7th, lot next door to physical address of 1509 7th property on westside of street, sign on property.
  • Lot Size Acres: 0.13
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Unimproved

Exterior Features

  • Fencing: Wire

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Lot Info

  • Topography: Level
  • Current Use: Residential
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 101405809644822508
  • Zoning Description: S-R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2024
Closed on
Feb 13, 2025
Sold by
Skyco Inc and Payson Russell D
Bought by
Ortiz Nick
Seller's Agent
Russell Payson
Coldwell Banker Legacy
Buyer's Agent
Jonathan Adame
Coldwell Banker Legacy
List Price
$369,000
Sold Price
$328,650
Premium/Discount to List
-$40,350
-10.93%
Views
701
Current Estimated Value
$354,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,407
Avg. Annual Appreciation
20.46%
Original Mortgage
$310,080
Outstanding Balance
$309,561
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$44,496

Purchase Details

Listed on
Dec 8, 2023
Closed on
Aug 22, 2024
Sold by
Rozenburg Leslie V and Cordova Rose M
Bought by
Skyco Inc and Payson
Seller's Agent
NM Home Deals
Keller Williams Realty
Buyer's Agent
NM Home Deals
Keller Williams Realty
List Price
$396,500
Sold Price
$232,500
Premium/Discount to List
-$164,000
-41.36%
Views
490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.84%
Original Mortgage
$262,000
Interest Rate
6.78%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 30, 2018
Sold by
Sisneros Helen
Bought by
Jameson Lauraine R
Seller's Agent
George Torres
Realty Assoc/George Torres RE
Buyer's Agent
George Torres
Realty Assoc/George Torres RE
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$125,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2012
Closed on
Nov 26, 2012
Sold by
Garcia Christine E and Garcia Evelyn C
Bought by
Sisneros Helen
Seller's Agent
George Torres
Realty Assoc/George Torres RE
Buyer's Agent
Marilyn Eifert
Coldwell Banker Legacy
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.97%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Nov 21, 2012
Sold by
Griego Margaret M
Bought by
Sisneros Helen
Seller's Agent
George Torres
Realty Assoc/George Torres RE
Buyer's Agent
Marilyn Eifert
Coldwell Banker Legacy
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Nov 15, 2012
Sold by
Sisneros David A
Bought by
Sisneros Helen
Seller's Agent
George Torres
Realty Assoc/George Torres RE
Buyer's Agent
Marilyn Eifert
Coldwell Banker Legacy
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Purchase Details

Closed on
Nov 14, 2007
Sold by
Sisneros Bernardo and Sisneros Helen M
Bought by
Sisneros Bernardo and Sisneros Helen M
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 -- First American Title Insurance
Warranty Deed -- First American Title Insurance
Warranty Deed -- Fidelity Natl Title Ins Co
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- Stewart Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,080 New Conventional
Previous Owner $262,000 Construction
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold -- -- --
01/05/2025 01/05/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $335,000 -1.2% $197 / Sq Ft
12/14/2024 12/14/24 Price Changed $339,000 -3.1% $199 / Sq Ft
11/22/2024 11/22/24 Price Changed $350,000 -4.1% $206 / Sq Ft
11/15/2024 11/15/24 Price Changed $365,000 -1.1% $214 / Sq Ft
11/02/2024 11/02/24 For Sale $369,000 +23.0% $217 / Sq Ft
08/26/2024 08/26/24 Sold -- -- --
08/06/2024 08/06/24 Pending -- -- --
06/14/2024 06/14/24 Price Changed $300,000 -9.1% $193 / Sq Ft
04/17/2024 04/17/24 Price Changed $330,000 -5.7% $212 / Sq Ft
02/14/2024 02/14/24 Price Changed $350,000 -4.1% $225 / Sq Ft
01/17/2024 01/17/24 Price Changed $365,000 -5.2% $234 / Sq Ft
12/19/2023 12/19/23 Price Changed $385,000 -2.9% $247 / Sq Ft
12/08/2023 12/08/23 For Sale $396,500 +30.0% $255 / Sq Ft
11/17/2021 11/17/21 Sold -- -- --
11/08/2021 11/08/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $305,000 +74.3% $183 / Sq Ft
07/30/2018 07/30/18 Sold -- -- --
06/21/2018 06/21/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $175,000 +250.0% $106 / Sq Ft
12/14/2012 12/14/12 Sold -- -- --
10/29/2012 10/29/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $50,000 -- --
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 $4,236 $89,772 $12,839 $76,933
2023 $4,156 $87,158 $12,465 $74,693
2022 $4,054 $87,158 $12,465 $74,693
2021 $2,755 $58,120 $12,839 $45,281
2020 $2,706 $56,427 $12,465 $43,962
2019 $2,730 $56,927 $12,465 $44,462
2018 $921 $56,927 $12,465 $44,462
2017 $915 $25,331 $5,466 $19,865
2016 $911 $25,331 $5,466 $19,865
2015 $25,331 $25,331 $5,466 $19,865
2014 $901 $25,331 $5,466 $19,865
2013 -- $25,331 $5,466 $19,865
Source: Public Records

Agents Affiliated with this Home

  • Russell Payson

    Seller's Agent in 2025

    Russell Payson

    Coldwell Banker Legacy

    (505) 379-6610

    1 in this area

    124 Total Sales

    Russell Payson
    Section Image

  • J

    Buyer's Agent in 2025

    Jonathan Adame

    Coldwell Banker Legacy

    (505) 515-6326

    1 in this area

    8 Total Sales

    Jonathan Adame
    Section Image
  • NM Home Deals

    Seller's Agent in 2024

    NM Home Deals

    Keller Williams Realty

    (505) 620-2549

    3 in this area

    525 Total Sales

    NM Home Deals
    Section Image

  • S

    Seller's Agent in 2021

    Sharla Parsons

    ERA Summit

    (505) 506-5579

    1 in this area

    53 Total Sales

    Sharla Parsons
    Section Image

  • S

    Buyer's Agent in 2021

    Santiago Aceves

    RE/MAX

  • G

    Seller's Agent in 2018

    George Torres

    Realty Assoc/George Torres RE

See All Agents

Map

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

MLS Number: 729561

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-096453-2-25-09

New Mexico Bernalillo County Albuquerque 87102 Wells Park

1509 7th St NW, Albuquerque, NM

This home is located at 1509 7th St NW, Albuquerque, NM 87102 and is currently estimated at $50,000. 1509 7th 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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