NOT LISTED FOR SALE

3208 Wellesley Ct NE Albuquerque, NM 87107

2 Beds
1 Bath
2,430 Sq Ft
9,583 Sq Ft Lot

Last Sold June 07, 2024

92 Days on Market

Highlights

  • Ductless Heating Or Cooling System
  • Vinyl Flooring
  • Property has 1 Level
  • Community Storage Space
  • Heating Available

About This Home

As of June 2024

Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.

Last Agent to Sell the Property

Rory Jensen

Duke City Real Estate Services License #17782 Listed on: 02/06/2024

Duke City Real Estate Services

Last Buyer's Agent

Erika Banuelos

The M Real Estate Group License #REC20220943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,004

Year Built

  • Built in 1973

Lot Details

  • 9,583

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • 9,583 Sq Ft Lot

Community Details

  • 2,430 Sq Ft Building
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101606044908740307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,004

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Carlisle between Candelaria and Comanche, West on Aztec. South on Wellesley Ct. to end of cul-de-sac. Property is back left corner.
  • Listing Contract Date: 2024-02-06
  • Year Built: 1973
  • Lot Size Acres: 0.22
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2430.0

Exterior Features

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

Utilities

  • Cooling: Ductless
  • Heating: Ductless
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 101606044908740307
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3003.92

Range of Values:

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Average Value
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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 Change Sq Ft Price
06/07/2024 06/07/24 Sold -- -- --
05/09/2024 05/09/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $485,000 +120.5% $200 / Sq Ft
09/30/2020 09/30/20 Sold -- -- --
09/01/2020 09/01/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $220,000 +25.7% $88 / Sq Ft
05/15/2014 05/15/14 Sold -- -- --
04/25/2014 04/25/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $175,000 -- $70 / 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: 1056741

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-060-449-087-4-03-07