NOT LISTED FOR SALE

3417 Thaxton Ave SE Albuquerque, NM 87106

Southeast Heights Neighborhood
1 Bed
1 Bath
3,032 Sq Ft
7,013 Sq Ft Lot

Last Sold February 01, 2021

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Property has 1 Level
  • Albuquerque High School Rated A-
  • Wall Furnace
  • 3-minute walk to Puerto Del Sol

About This Home

As of February 2021

The property is located next to Puerto del Sol Golf Course and is near Hyder Park, Nob Hill, and UNM. A new pitched shingle roof was installed in 2019, and has newer evaporative coolers. The 4 occupied apartments consists of three two bedroom, one bathroom units with month to month residents. The fourth apartment is a really large three bedroom, one bathroom unit that recently nicely renovated with new light fixtures, kitchen cabinets with soft close doors and drawers, granite countertops, stainless steel appliances (including stackable washer and dryer), vinyl windows, and remodeled bathroom.At the Ask Price of $288,000, and with an average rent of $691, measures of investment performance include a GRM of 8.68, a before reserves cap rate of 6.92% and an after tax Internal Rate of Retu

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 11/05/2020

Co-Listed By

Clinton Morenus

Morenus Real Estate License #19897

Last Buyer's Agent

Holly Slade

Dave Slade & Associates LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1962

Lot Details

  • 7,013 Sq Ft Lot
  • Additional Parcels

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,032 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101605642017941205

Community Details

Overview

  • 3,032 Sq Ft Building
  • Yearouts Subdivision Of Knob Heights

Building Details

  • Operating Expense $12,500
  • Gross Income $31,521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,539

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From I-40 and Gibson east to Carlisle, North to Thaxton, west to property.
  • Listing Contract Date: 2020-11-05
  • Year Built: 1962
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: MORE01
  • Co List Office Phone: (505) 933-0379
  • Subdivision Name: Yearouts Subdivision of Knob Heights
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3032.0
  • Stories: 1

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7013.16
  • Additional Parcels: Yes
  • Parcel #: 101605642017941205
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31521.0
  • Annual Operating Expense: 12500.0

Tax Info

  • Tax Annual Amount: 2539.48

Range of Values:

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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
02/01/2021 02/01/21 Sold -- -- --
12/14/2020 12/14/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $288,000 +44.0% $95 / Sq Ft
06/29/2020 06/29/20 Sold -- -- -- View Prior Sale
03/26/2020 03/26/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $200,000 0.0% $63 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $200,000 -- $63 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2021

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    7 in this area

    227 Total Sales

    Todd Clarke
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Clinton Morenus

    Morenus Real Estate

    1 in this area

    5 Total Sales

    Clinton Morenus
    Section Image

  • H

    Buyer's Agent in 2021

    Holly Slade

    Dave Slade & Associates LLC

  • John Myers

    Seller's Agent in 2020

    John Myers

    Myers & Myers Real Estate, Inc

    (505) 401-7500

    1 in this area

    72 Total Sales

    John Myers
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Morenus

    Silver Leaf Real Estate

See All Agents

Map

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

MLS Number: 980538

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-056-420-179-4-12-05

New Mexico Bernalillo County Albuquerque 87106 Southeast Heights

3417 Thaxton Ave SE, Albuquerque, NM

This home is located at 3417 Thaxton Ave SE, Albuquerque, NM 87106 since 05 November 2020. This property was built in 1962. 3417 Thaxton Ave SE is a home located in Bernalillo County with nearby schools including Kirtland Elementary School, Wilson Middle School, and Albuquerque High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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