NOT LISTED FOR SALE

401 Placido Martinez Ct NE Albuquerque, NM 87102

Estimated Value: $158,000 - $255,224

2 Beds
2 Baths
920 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 02, 2017

Current estimated payment $1,323/month

Highlights

  • Private Yard
  • No HOA
  • Central Air
  • Jefferson Middle School Rated A-
  • Double Pane Windows
  • 1 Car Garage

About This Home

As of May 2024

Rare 2 Bedroom, 2 Bath Home w/ a Detached 1 Car Garage on Corner Lot in Downtown Albuquerque! Built in 2005, refrigerated air, central heat, covered porch, corner lot, available 5/15, $1450/mo, $1000 DD, + gas and electric. Sorry, no pets, poor credit, past evictions or criminal backgrounds accepted.

Last Agent to Rent the Property

Heidi Gray

H. Gray & Company Realtors License #14666 Listed on: 05/15/2024

Last Renter's Agent

Heidi Gray

H. Gray & Company Realtors License #14666 Listed on: 05/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,013

Year Built

  • 2005

Lot Details

  • Private Yard

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Interior Spaces

  • 920 Sq Ft Home
  • Double Pane Windows
  • Vinyl Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,000
  • Property Available on 5/15/24
  • Tenant pays for cable TV
  • The owner pays for sewer, water
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,013

Year Built

2005

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Other
  • Owner Pays: Sewer, Water
  • Lease Term: 12 Months
  • Available Date: 2024-05-15
  • Security Deposit: 1000.0

Listing Details

  • Property Type: Residential Lease
  • Garage Yn: Yes
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built (Public Record): 2005

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 920.0
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Private Yard

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
Nov 16, 2017
Sold by
Cronk William
Bought by
Placido Martinez Llc
Seller's Agent
Remington Properties LLC
Realty One of New Mexico
Buyer's Agent
Remington Properties LLC
Realty One of New Mexico
List Price
$153,500
Current Estimated Value
$212,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$80,000
Outstanding Balance
$67,828
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$135,888

Purchase Details

Closed on
May 3, 2016
Sold by
Doyle Robert A
Bought by
Bokf Na A Naional Baking Asso and Bank Of Oklahoma As

Purchase Details

Closed on
Jun 24, 2009
Sold by
Mares Raymond A
Bought by
Mares Raymond A and Mares Savannah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,418
Interest Rate
4.97%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2005
Sold by
Greater Albuquerque Housing Partnership
Bought by
Mares Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,900
Interest Rate
5.81%
Mortgage Type
Fannie Mae Freddie Mac
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
Placido Martinez Llc -- None Available
Bokf Na A Naional Baking Asso -- None Available
Mares Raymond A -- Accommodation
Mares Raymond A -- Landamerica Albuquerque Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placido Martinez Llc $80,000
Previous Owner Mares Raymond A $141,582
Previous Owner Mares Raymond A $146,418
Previous Owner Mares Raymond A $25,231
Previous Owner Mares Raymond A $3,754
Previous Owner Mares Raymond A $97,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Rented $1,450 0.0% --
05/15/2024 05/15/24 For Rent $1,450 +31.8% --
02/09/2018 02/09/18 Rented $1,100 0.0% --
01/10/2018 01/10/18 Under Contract -- -- --
12/15/2017 12/15/17 For Rent $1,100 0.0% --
10/02/2017 10/02/17 Sold -- -- --
09/05/2017 09/05/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $153,500 -- $167 / 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 $2,013 $41,702 $12,001 $29,701
2023 $1,976 $40,488 $11,652 $28,836
2022 $1,871 $39,310 $11,313 $27,997
2021 $1,809 $38,164 $10,983 $27,181
2020 $1,777 $37,054 $10,664 $26,390
2019 $1,725 $35,974 $10,353 $25,621
2018 $1,665 $35,974 $10,353 $25,621
2017 $1,606 $34,927 $10,052 $24,875
2016 $1,504 $33,910 $9,759 $24,151
2015 $33,910 $33,910 $9,759 $24,151
2014 $1,488 $33,910 $9,759 $24,151
2013 -- $32,922 $9,475 $23,447
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 10029537

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-461132-4-01-13