$930,000
$80K PRICE INCREASE

Estimated payment $5,410/month

Total Views 22,109
-- Bed
1 Bath
7,500 Sq Ft
$124 Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • Evaporated cooling system
  • Property has 1 Level
  • Wood Flooring
  • Forced Air Heating System

About This Home

Back on the market after multiiple offers.This property has recent appraisal with a today value of $930,000 and a future value of $1,070,000 and is approved for a loan from the Ventana Fund with a term sheet that includes 80% loan to value, 5.35% interest rates. Lender would require approval of the Buyer(s).

Listing Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 11/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1946

Lot Details

  • 0.46 Acre Lot
  • Additional Parcels

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 7,500 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Carpet

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101905712325632311

Community Details

Overview

  • 12 Units
  • 7,500 Sq Ft Building
  • La Mesa Addition Subdivision

Building Details

  • Operating Expense $43,315
  • Gross Income $96,216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,576

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From I-40 and Louisiana south to Copper east to Espanola, south to property.
  • Listing Contract Date: 2023-11-07
  • Year Built: 1946
  • Lot Size Acres: 0.46
  • Subdivision Name: La Mesa Addition
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 3
  • Accessibility Features: None
  • Basement YN: No
  • Living Area: 7500.0
  • Stories: 1

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Floor Furnace, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Additional Parcels: Yes
  • Parcel #: 101905712325632311
  • Zoning Description: R-T*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 96216.0
  • Annual Operating Expense: 43315.0

Tax Info

  • Tax Annual Amount: 4576.12

Map

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
05/29/2025 05/29/25 Price Changed $930,000 0.0% $124 / Sq Ft
05/29/2025 05/29/25 For Sale $930,000 +33.7% $124 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/20/2025 04/20/25 Price Changed $695,845 -25.2% $93 / Sq Ft
08/03/2024 08/03/24 For Sale $930,000 0.0% $124 / Sq Ft
08/03/2024 08/03/24 Price Changed $930,000 +6.2% $124 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $875,997 0.0% $117 / Sq Ft
03/08/2024 03/08/24 Price Changed $875,997 +3.1% $117 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $850,000 +52.1% $113 / Sq Ft
03/07/2018 03/07/18 Sold -- -- --
12/30/2017 12/30/17 Pending -- -- --
12/27/2017 12/27/17 For Sale $559,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1044432

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-123-256-3-23-11