NOT LISTED FOR SALE

1646 Ferris Ave SW Albuquerque, NM 87105

Estimated Value: $206,000 - $256,536

3 Beds
2 Baths
1,680 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 28, 2017

Current estimated payment $1,344/month

115 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Property has 1 Level
  • Evaporated cooling system

About This Home

As of August 2017

Very well maintained, and always rented, duplex in a quiet neighborhood. And yes...you can inspect the unites before writing a contract(with appointment). The unites have numerous updates (electrical, heating, gas lines and water lines upgraded in 2001. New refrigerators in 2016, New roof in 2010) Unit B has a totally new full bath and pergo flooring. These unites rent with in 48 hours by just putting a sign out on the corner! Unit A has off street parking for two cars and a cute front and side yard.Unit B has a large carport and nice side storage space. Individual gas and electric meters. Both unites have w/d hook ups.

Last Agent to Sell the Property

Mike Haley

Coldwell Banker Legacy License #4446 Listed on: 02/21/2017

Coldwell Banker Legacy

Last Buyer's Agent

Michael Coulson

Coldwell Banker Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1950

Lot Details

  • 5,227

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Free-Standing Gas Range

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Additional Features

  • Exterior Lighting
  • 5,227 Sq Ft Lot

Community Details

  • 1,680 Sq Ft Building
  • Middle Rio Grande Conservancy Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101205433353210820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,048

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: From I-25 take Rio Bravo exit west to Isleta. North on Isleta, past Blake to Ferris on the west side of Isleta (just one blk. south of Centro Familiar)
  • Year Built: 1950
  • Lot Size Acres: 0.12
  • Subdivision Name: Middle Rio Grande Conservancy
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: See Remarks, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Living Area: 1680.0
  • Stories: 1
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: unk
  • Construction Type: Frame

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Natural Gas Available, Municipal Utilities
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 101205433353210820
  • Zoning Description: R-1

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1048.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Aug 17, 2017
Sold by
Haley James M
Bought by
Romero Raymond D
Seller's Agent
Mike Haley
Coldwell Banker Legacy
Buyer's Agent
Michael Coulson
Coldwell Banker Legacy
List Price
$127,500
Current Estimated Value
$233,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$84,000
Outstanding Balance
$44,453
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$189,431

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 11, 2013
Sold by
Chavez Albert and Chavez Florence
Bought by
Haley James M
Seller's Agent
Leslie Schumann
Coldwell Banker Legacy
Buyer's Agent
Mike Haley
Coldwell Banker Legacy
List Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%

Purchase Details

Closed on
Nov 4, 1999
Sold by
Sisneros Marcia
Bought by
Chavez Albert and Chavez Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,225
Interest Rate
9.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Romero Raymond D -- Stewart Title
Haley James M -- None Available
Chavez Albert -- Albuquerque Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Raymond D $84,000
Previous Owner Chavez Albert $75,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold -- -- --
06/16/2017 06/16/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $127,500 +6.3% $76 / Sq Ft
09/12/2013 09/12/13 Sold -- -- -- View Prior Sale
09/05/2013 09/05/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $120,000 -- $71 / 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
2025 $1,445 $40,114 $9,988 $30,126
2024 $1,445 $38,946 $9,697 $29,249
2023 $1,420 $37,812 $9,415 $28,397
2022 $1,336 $36,711 $9,141 $27,570
2021 $1,292 $35,642 $8,875 $26,767
2020 $1,269 $34,605 $8,617 $25,988
2019 $1,269 $34,605 $8,617 $25,988
2018 $1,224 $34,605 $8,617 $25,988
2017 $1,058 $33,597 $8,366 $25,231
2016 $1,048 $29,264 $8,366 $20,898
2015 $29,264 $29,264 $8,366 $20,898
2014 $1,029 $29,264 $8,366 $20,898
2013 -- $25,003 $4,913 $20,090
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 884923

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-012-054-333532-1-08-20