NOT LISTED FOR SALE
2 Beds
1 Bath
2,143 Sq Ft
6,970 Sq Ft Lot

Last Sold September 14, 2018

33 Days on Market

Highlights

  • Wood Flooring
  • Two cooling system units
  • 4-minute walk to UNM Johnson Field
  • Monte Vista Elementary School Rated A-
  • Property has 1 Level

About This Home

As of September 2018

Arts & Crafts style front house, retro 1970's adobe with brick floors and wood beams rear house.A very short walking distance to UNM.Front house built in 1926, hardwood floors, arts/crafts style has 957 sf in 2/1 jack & Jill bathroom floorplan. Currently rents for $975, lease is up in 2 weeks rents moving to $1,025Rear house, built in 1976, adobe/brick floors, wood beam ceilings, contains 1,186 including a 251 sf sleeping loft. Rents for $1,100 - rents moving to $1,175 when lease expires in August.Renovations and upgrades performed last year on the front house - see flyer for details - measure of investment performance at list price of $257,505 - 10.89 GRM, 6.09% Cap rate, 14.2% IRR before tax, 11.2% after tax IRR.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 06/22/2018

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1926

Lot Details

  • 6,970 Sq Ft Lot
  • Additional Parcels

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Adobe

Interior Spaces

  • 2,143 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • 2 Units
  • 2,143 Sq Ft Building
  • University Heights Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101605712118332219

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,925

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: From I-25 and Central - east on Central to Stanford, south to property.
  • Listing Contract Date: 2018-06-22
  • Year Built: 1926
  • Lot Size Acres: 0.16
  • Subdivision Name: University Heights Add
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Brick, Wood
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2143.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: 2 Units
  • Heating: Multiple Heating Units
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Additional Parcels: Yes
  • Parcel #: 101605712118332219
  • Zoning Description: SU-2

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2925.0

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold -- -- --
07/28/2018 07/28/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $235,000 -- $110 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 922059

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-057-121-183-3-22-19