NOT LISTED FOR SALE

408 Rainbow Ct SE Unit A,B,C,D Albuquerque, NM 87123

Singing Arrow Neighborhood
2 Beds
1 Bath
3,800 Sq Ft
0.26 Acres

Last Sold March 29, 2018

171 Days on Market

Highlights

  • Fireplace
  • Tile Flooring
  • Ceiling Fan
  • Evaporated cooling system
  • Forced Air Heating System
  • Community Storage Space

About This Home

As of March 2018

This extensively refurbished residential income property is ready for new owners. On a quiet cul de sac, this property is close to public transit, I-40,grocery stores, a movie theater, dining spots, etc. All 4 units feature 2 bdrms, 1 bath, balcony or large yard, fireplace, great storage, washer/dryer hook ups, spacious rooms & bright cheery kitchens. Updates include: tile, carpet, countertops, kitchen sinks & faucets, door hardware, rekeyable locks, front doors, ceiling fans & lighting, interior/exterior paint, new cedar fencing, newly planted trees & a refreshed parking lot. It's all under a brand new TPO roof. This exceptional property shows & rents above the rest. It is a luxury sized & appointed building for the area. At an 8% CAP rate, it would list at $298K.

Last Agent to Sell the Property

Patricia Spellman

Infinity Real Estate License #45262 Listed on: 09/14/2017

Last Buyer's Agent

Louis Martinez

Keller Williams Realty License #12192

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,567

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Additional Parcels

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Fireplace

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 102205626426320412

Community Details

Overview

  • 3,800 Sq Ft Building
  • Built by Ashcraft/Hanosh
  • Singing Arrow Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,567

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: East on Central from Juan Tabo. Turn south (right) onto Dorado. Turn west (right) onto Singing Arrow. Turn north (right) onto Rainbow Court. Property is the first on the right. Welcome Home!
  • Year Built: 1979
  • Lot Size Acres: 0.26
  • Subdivision Name: Singing Arrow
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Refrigerator, Range Hood
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 3800.0
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Ashcraft/Hanosh
  • Construction Type: Brick Veneer, Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Heating: Central, Forced Air, Gas
  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Additional Parcels: Yes
  • Parcel #: 102205626426320412
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2566.62

Range of Values:

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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
03/29/2018 03/29/18 Sold -- -- --
03/04/2018 03/04/18 Pending -- -- --
09/14/2017 09/14/17 For Sale $289,000 -- $76 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia Spellman

    Infinity Real Estate

    Section Image

  • L

    Buyer's Agent in 2018

    Louis Martinez

    Keller Williams Realty

    Section Image
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Map

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

MLS Number: 901854

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Bernalillo County Albuquerque 87123 Singing Arrow

408 Rainbow Ct SE Unit A,B,C,D, Albuquerque, NM

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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