NOT LISTED FOR SALE

4416 Marble Ave NE Albuquerque, NM 87110

Pueblo Alto Neighborhood
-- Bed
1 Bath
2,810 Sq Ft
6,752 Sq Ft Lot

Last Sold June 12, 2020

95 Days on Market

About This Home

As of June 2020

4416 Marble NE - a fourplex and duplex on the same lot - located on the SW corner of Marble Avenue and Adams street., this property is embedded in an area of nicer single family residences and is biking distance to UNM, CNM, Nob Hill and the uptown retail experiences.The property has good walk (70), bike (87), and transit (42) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).At the ask price of $465,000 and an average rent of $585 the measure of investment performance include a GRM of 11.04, a CAP rate of 5.74%, a price per unit of $77,500, a price per square foot of $165 and an after-tax IRR of 12.70%.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 02/17/2020

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 1950

Lot Details

  • 6,752 Sq Ft Lot
  • Additional Parcels

Home Design

  • Frame Construction

Interior Spaces

  • 1 Bathroom
  • 2,810 Sq Ft Home
  • Property has 2 Levels

Utilities

  • Natural Gas Connected
  • Co-Op Water

Community Details

  • 6 Units
  • 2,810 Sq Ft Building
  • New Year Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101705828906440110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,133

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From I-40 and Carlisle, South to Lomas, east to Washington, north to Marble, east to property.
  • Listing Contract Date: 2020-02-17
  • Year Built: 1950
  • Lot Size Acres: 0.16
  • Subdivision Name: New Year Replat
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: 61 - 70
  • Special Features: None

Interior Features

  • Flooring: See Remarks
  • Appliances: Refrigerator
  • Stories: 2
  • Number Of Buildings: 2
  • Basement YN: No
  • Living Area: 2810.0
  • Stories: 2

Exterior Features

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

Utilities

  • Cooling: Other, See Remarks
  • Electric: None
  • Heating: Other, See Remarks
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Water Source: Community/Coop

Lot Info

  • Lot Size Sq Ft: 6751.8
  • Additional Parcels: Yes
  • Parcel #: 101705828906440110
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 2133.0

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
06/12/2020 06/12/20 Sold -- -- --
05/22/2020 05/22/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $465,000 -4.1% $165 / Sq Ft
02/17/2020 02/17/20 For Sale $485,000 -- $173 / 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 2020

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    2 in this area

    226 Total Sales

    Todd Clarke
    Section Image

  • K

    Buyer's Agent in 2020

    Kyle Deacon

    Deacon Property Services

    (505) 878-0100

    1 in this area

    167 Total Sales

    Kyle Deacon
    Section Image
See All Agents

Map

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

MLS Number: 962580

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-058-289-064-4-01-10

New Mexico Bernalillo County Albuquerque 87110 Pueblo Alto

4416 Marble Ave NE, Albuquerque, NM

This home is located at 4416 Marble Ave NE, Albuquerque, NM 87110 since 17 February 2020. This property was built in 1950. 4416 Marble Ave NE is a home located in Bernalillo County with nearby schools including Zia Elementary School, Jefferson 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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