NOT LISTED FOR SALE
2 Beds
1 Bath
3,351 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: December 17, 2021

7 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of December 2021

Great Investment Opportunity on this 4 Plex that has a TON of upside and value add. Property was recently re-stuccoed. Actual current rents boast a 5.75% Cap Rate with all 4 units below market rent. Not to mention a laundry room that is not in operation currently. Before tax Annual Rate of Return of 12.33%, $3,921 Cash Flow and 5.14% Cash on Cash.

Last Agent to Sell the Property

PS Team

CENTURY 21 Camco Realty Listed on: 10/12/2021

CENTURY 21 Camco Realty

Co-Listed By

Guy Gemmer

CENTURY 21 Camco Realty License #17797

Last Buyer's Agent

Kay Azbill

Berkshire Hathaway NM Prop License #19704

Berkshire Hathaway NM Prop
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,351 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Co-Op Water

Community Details

  • 3,351 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 102205615838920112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1978

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: Apple or Google Maps from Tramway and Central to Western Skies, South to Hanosh Ct.
  • Year Built: 1978
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: PSCP01
  • Co List Office Phone: (505) 553-2640
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3351.0

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Sewer Connected, Water Available, Water Connected
  • Water Source: Community/Coop
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 102205615838920112
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2217.92

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 15, 2021
Sold by
Bought by
Seller's Agent
PS Team
CENTURY 21 Camco Realty
Buyer's Agent
Kay Azbill
Berkshire Hathaway NM Prop
List Price
$316,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,167
Outstanding Balance
$285,259
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,100
Interest Rate
11.45%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Centric Title And Escrow
-- None Available
-- None Available
-- Fidelity Natl Title Ins Co
-- Fidelity Natl Title Ins Co
-- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $316,167
Previous Owner $73,641
Previous Owner $150,000
Previous Owner $119,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold -- -- --
10/19/2021 10/19/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $316,000 -- $94 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,115 $97,388 $15,005 $82,383
2024 $3,989 $94,552 $14,568 $79,984
2023 $3,923 $91,798 $14,144 $77,654
2022 $3,791 $89,124 $13,732 $75,392
2021 $2,256 $53,282 $15,919 $37,363
2020 $2,219 $51,730 $15,455 $36,275
2019 $2,153 $50,223 $15,005 $35,218
2018 $2,077 $50,223 $15,005 $35,218
2017 $2,013 $48,761 $14,568 $34,193
2016 $1,955 $45,962 $13,732 $32,230
2015 $45,962 $45,962 $13,732 $32,230
2014 $1,967 $46,329 $13,732 $32,597
2013 -- $58,090 $15,005 $43,085
Source: Public Records

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Map

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

MLS Number: 1002759

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-056-158-389-2-01-12

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