NOT LISTED FOR SALE

2520 Chelwood Park Blvd NE Unit 1-4 Albuquerque, NM 87112

Estimated Value: $395,000 - $493,000

8 Beds
4 Baths
3,400 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 13, 2014

Current estimated payment $2,752/month

116 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • CRI Green Label Plus Certified Carpet
  • Eldorado High School Rated A

About This Home

As of July 2014

Owner financing considered on this fully rented 4-plex in great condition, in convenient Northeast Heights location. Professionally managed, two bedroom, one bath units. Each unit has a washer/drier hook-up, dishwasher and disposal. Top units have balconies. Tenants share the backyard. Tenants pay Gas and electric - individually metered.

Last Agent to Sell the Property

Jean Chavez

RE/MAX SELECT License #15602 Listed on: 03/18/2014

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1977

Lot Details

  • 8,000

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,400 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Exterior Lighting
  • 8,000 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 102205928839911211

Community Details

Overview

  • 3,400 Sq Ft Building

Building Details

  • Operating Expense $11,790
  • Gross Income $2,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,731

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Chelwood Park and Menaul, head north on Chelwood Park to property on east side of street.
  • Year Built: 1977
  • Lot Size Acres: 0.18
  • Unit Levels: Two
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Refrigerator, Range Hood
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 8
  • Living Area: 3400.0
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Deck/Porch

Lot Info

  • Lot Size Sq Ft: 8000.0
  • Parcel #: 102205928839911211
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2325.0
  • Annual Operating Expense: 11790.0

Tax Info

  • Tax Annual Amount: 2731.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2022
Sold by
Lvp Llc
Bought by
Beals Patricia Irene
Current Estimated Value
$446,547

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 11, 2014
Sold by
Gilles Todd and Gilles Jill
Bought by
Lvp Llc
Seller's Agent
Jean Chavez
RE/MAX SELECT
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$234,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 10, 2014
Sold by
Giles Tom M and Giles Jill M
Bought by
Lvp Llc
Seller's Agent
Jean Chavez
RE/MAX SELECT
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$234,900

Purchase Details

Closed on
Apr 13, 2007
Sold by
Turner Michael J and Turner Andrea L
Bought by
Giles Todd M and Giles Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2001
Sold by
Turner Michael J and Turner Andrea L
Bought by
Turner Michael J and Turner Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
6.41%
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 Buyer Sale Price Title Company
Beals Patricia Irene -- Fidelity National Title
Lvp Llc -- Fidelity National Title Inc
Lvp Llc -- None Available
Giles Todd M -- Stewart Title
Turner Michael J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lvp Llc $432,000
Previous Owner Giles Todd M $217,549
Previous Owner Giles Todd M $222,000
Previous Owner Turner Michael J $99,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2014 07/13/14 Sold -- -- --
07/12/2014 07/12/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $234,900 -- $69 / 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 $3,688 $87,405 $16,468 $70,937
2023 $3,626 $84,859 $15,988 $68,871
2022 $3,504 $82,388 $15,523 $66,865
2021 $3,387 $79,989 $15,071 $64,918
2020 $3,331 $77,659 $14,632 $63,027
2019 $3,613 $84,258 $14,632 $69,626
2018 $3,602 $84,258 $14,632 $69,626
2017 $3,492 $84,568 $15,988 $68,580
2016 $3,391 $79,714 $15,071 $64,643
2015 $77,392 $77,392 $14,632 $62,760
2014 $2,805 $66,058 $11,901 $54,157
2013 -- $64,135 $11,555 $52,580
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 810009

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-059-288399-1-12-11