NOT LISTED FOR SALE

Estimated Value: $496,983 - $521,000

1 Bed
1 Bath
1,861 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 22, 2024

Current estimated payment $3,277/month

1 Day on Market

Highlights

  • Refrigerated Cooling System
  • Tile Flooring
  • Property has 1 Level
  • Monte Vista Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of May 2024

Rare and coveted find... Outstanding medium term 3 unit rental property that has strong rental history discovered in PRIME UNM LOCATION just blocks from the university! This property has been meticulously maintained, recently & beautifully updated, units are separately metered, all have W/D units, and it's even enhanced w/picturesque low-maintenance xeriscaping featuring rocks, shrubs & trees w/watering easily controlled via phone app. All units have new kitchens w/granite, new plumbing in main house, and cozy ref air which tenants & landlords prefer. Newer roofs, water heaters, furnaces, thermal windows, and stucco. To make this turn-key operation complete seller is including ALL furniture / fixtures / equipment w/a listed price cash sale or selling separately to financed buyers.

Last Agent to Sell the Property

Remington Properties LLC

Realty One of New Mexico License #46301 Listed on: 05/04/2024

Realty One of New Mexico

Last Buyer's Agent

Cynthia Slatton

Realty One of New Mexico License #48543

Realty One of New Mexico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,553

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Additional Parcels

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 1,861 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Net Metering or Smart Meter
  • Natural Gas Connected

Community Details

  • 3 Units
  • 1,861 Sq Ft Building
  • University Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101605708411631422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,553

Year Built

Built in 1941

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From Coal & Cornell: North on Cornell to address. Property is on the east side of the street.
  • Year Built: 1941
  • Lot Size Acres: 0.16
  • Subdivision Name: University Heights
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Refrigerator
  • Stories: 1
  • Basement: Interior Entry, Unfinished
  • Number Of Buildings: 3
  • Accessibility Features: None
  • Basement YN: Yes
  • Total Bedrooms: 1
  • Living Area: 1861.0
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Refrigerated
  • Electric: Net Meter
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: Yes
  • Parcel #: 101605708411631422
  • Zoning Description: R-ML*

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4553.48

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold -- -- --
05/08/2024 05/08/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $495,000 +37.5% $266 / Sq Ft
07/09/2020 07/09/20 Sold -- -- -- View Prior Sale
05/29/2020 05/29/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $359,900 +60.0% $192 / Sq Ft
11/08/2018 11/08/18 Sold -- -- -- View Prior Sale
09/17/2018 09/17/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $225,000 -- $125 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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 $6,909 $163,517 $23,664 $139,853
2024 $4,631 $109,753 $17,062 $92,691
2023 $4,553 $106,556 $16,565 $89,991
2022 $4,532 $106,556 $16,565 $89,991
2021 $4,514 $106,623 $16,565 $90,058
2020 $4,366 $101,790 $16,565 $85,225
2019 $4,366 $101,823 $16,565 $85,258
2018 $2,677 $101,823 $16,565 $85,258
2017 $2,594 $62,833 $18,643 $44,190
2016 $2,520 $59,228 $17,574 $41,654
2015 $57,503 $57,503 $17,062 $40,441
2014 $2,371 $55,828 $16,565 $39,263
2013 -- $54,300 $12,917 $41,383
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1062077

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-057-084116-3-14-22

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