NOT LISTED FOR SALE

1616 Prospect Ave NW Albuquerque, NM 87104

Near North Valley Neighborhood

Estimated Value: $186,000 - $260,000

3 Beds
1.5 Baths
945 Sq Ft
$235/Sq Ft Est. Value

Last Sold October 25, 2023

Current estimated payment $1,415/month

1 Day on Market

Highlights

  • Wood Flooring
  • 1 Car Garage
  • Wall Furnace
  • Evaporated cooling system
  • North Facing Home
  • 3-minute walk to 4-H Park

About This Home

As of October 2023

Merge onto I-40 W, Use the right 2 lanes to take exit 158 for 6th St toward 12th St, Keep right at the fork, follow signs for 6th Street and merge onto 6th St NW, Continue on 6th St NW. Take Menaul Blvd NW to Prospect Ave NW, Merge onto 6th St NW, Turn left onto Menaul Blvd NW, At the traffic circle, take the 2nd exit and stay on Menaul Blvd NW, Continue onto Menaul Blvd NW Ext, Turn right onto Prospect Ave NW

Last Agent to Sell the Property

Lisa Hebenstreit

Lisa Hebenstreit Realty, LLC License #16752 Listed on: 09/09/2023

Last Buyer's Agent

Patty Culp

Coldwell Banker Legacy License #36271

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Zoning described as R-1B*

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 945 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Electric Dryer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cochiti Elementary School
  • Garfield Middle School
  • Valley High School

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101305936334510212

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,798

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Merge onto I-40 W, Use the right 2 lanes to take exit 158 for 6th St toward 12th St, Keep right at the fork, follow signs for 6th Street and merge onto 6th St NW, Continue on 6th St NW. Take Menaul Blvd NW to Prospect Ave NW, Merge onto 6th St NW, Turn left onto Menaul Blvd NW, At the traffic circle, take the 2nd exit and stay on Menaul Blvd NW, Continue onto Menaul Blvd NW Ext, Turn right onto Prospect Ave NW
  • Listing Contract Date: 2023-09-09
  • Year Built: 1965
  • Lot Size Acres: 0.16
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Laminate, Wood
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 945.0
  • Window Features: Metal
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Fencing: Back Yard
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Concrete
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Cochiti (y)
  • High School: Valley
  • Middle Or Junior School: Garfield

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101305936334510212
  • Zoning Description: R-1B*

Tax Info

  • Tax Annual Amount: 1797.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 25, 2023
Sold by
Zia Legacy Properties Llc
Bought by
Nichols San Juanita
Seller's Agent
Lisa Hebenstreit
Lisa Hebenstreit Realty, LLC
Buyer's Agent
Patty Culp
Coldwell Banker Legacy
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%
Total Days on Market
1
Views
28
Current Estimated Value
$222,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,372
Avg. Annual Appreciation
14.03%
Original Mortgage
$144,000
Outstanding Balance
$141,968
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$80,404

Purchase Details

Closed on
May 15, 2023
Sold by
Sanchez Alfred and Sanchez Dolores
Bought by
Zia Legacy Properties Llc
Source: Public Records

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Range of Values:

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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
Nichols San Juanita -- Centric Title
Zia Legacy Properties Llc -- Centric Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols San Juanita $144,000
Previous Owner Sanchez Alfred $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold -- -- --
09/11/2023 09/11/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $174,900 -- $185 / 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 $2,004 $43,529 $10,866 $32,663
2023 $1,843 $37,763 $8,599 $29,164
2022 $1,798 $37,763 $8,599 $29,164
2021 $1,758 $37,076 $8,857 $28,219
2020 $1,726 $35,996 $8,599 $27,397
2019 $1,730 $36,084 $11,318 $24,766
2018 $1,670 $36,084 $11,318 $24,766
2017 $1,611 $35,033 $10,988 $24,045
2016 $1,557 $33,022 $10,358 $22,664
2015 $32,060 $32,060 $10,056 $22,004
2014 $1,452 $31,127 $9,763 $21,364
2013 -- $30,221 $9,479 $20,742
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hebenstreit

    Seller's Agent in 2023

    Lisa Hebenstreit

    Lisa Hebenstreit Realty, LLC

    (505) 269-1258

    3 in this area

    268 Total Sales

    Lisa Hebenstreit
    Section Image
  • Patty Culp

    Buyer's Agent in 2023

    Patty Culp

    Coldwell Banker Legacy

    (505) 440-9895

    4 in this area

    107 Total Sales

    Patty Culp
    Section Image
See All Agents

Map

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

MLS Number: 1041245

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-059-363345-1-02-12

New Mexico Bernalillo County Albuquerque 87104 Near North Valley

1616 Prospect Ave NW, Albuquerque, NM

This home is located at 1616 Prospect Ave NW, Albuquerque, NM 87104 since 09 September 2023 and is currently estimated at $222,372, approximately $235 per square foot. This property was built in 1965. 1616 Prospect Ave NW is a home located in Bernalillo County with nearby schools including Cochiti Elementary School, Garfield Middle, and Valley 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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