$450,000
$10K PRICE DROP

501 3rd St SW Albuquerque, NM 87102

Barelas Neighborhood

Estimated payment $2,839/month

Total Views 8,352
2 Beds
2 Baths
1,453 Sq Ft
$310 Price per Sq Ft

Highlights

  • Spa
  • Wood Flooring
  • High Ceiling
  • Albuquerque High School Rated A-
  • Victorian Architecture
  • Private Yard

About This Home

Stunning 2BR/2BA home in Downtown Albuquerque with rare MX-L zoning. An ideal property for living, vacation rental, or business. Designed by a local artist in a dramatic ''Moody Desert Victorian'' style with copper-painted ceilings, stained glass, and a hidden bookcase door to the primary suite. Brand new metal roof, private jacuzzi, secure gated parking, and privacy fencing. Walk to top dining, bars, and galleries. Can be sold fully furnished which makes this property ready to rent or move right in! One-of-a-kind charm with income potential!

Listing Agent

Julie Turner

Realty One Group Concierge License #20446 Listed on: 06/19/2025

Realty One Group Concierge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 1901

Lot Details

  • 3,877 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Xeriscape Landscape
  • Private Yard
  • Zoning described as MX-L*

Parking

  • 2 Carport Spaces

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,453 Sq Ft Home
  • Property has 2 Levels
  • Coffered Ceiling
  • High Ceiling
  • Decorative Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Entrance Foyer
  • Electric Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Outdoor Features

  • Spa
  • Pergola

Schools

  • Dolores Gonzales Elementary School
  • Washington Middle School
  • Albuquerque High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101405717027120518

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,549

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From 1-25 take Lead St. west to 3rd St., then turn South onto 3rd St. This updated historic home is located on the right corner of 3rd and Coal.
  • Listing Contract Date: 2025-06-17
  • Year Built: 1901
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Architectural Style: Victorian
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet Free, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator
  • Interior Amenities: Cove Ceiling, Entrance Foyer, High Ceilings, Hot Tub/Spa
  • Stories: 2
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1453.0
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Fully Fenced, Hot Tub/Spa, Private Yard
  • Roof: Pitched, Shingle
  • Lot Features: Landscaped, Xeriscape
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick, Vinyl Siding
  • Direction Faces: North
  • Foundation Details: Concrete Perimeter
  • Other Structures: Other, Pergola
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Dolores Gonzales
  • High School: Albuquerque
  • Middle Or Junior School: Washington

Green Features

  • Green Power: None
  • Green Water Conservation: Water-Smart Landscaping

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3877.0
  • Parcel #: 101405717027120518
  • Zoning Description: MX-L*

Tax Info

  • Tax Annual Amount: 5549.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 -- $44,752 $5,476 $39,276
2023 $0 $43,449 $5,317 $38,132
2022 $0 $42,184 $5,162 $37,022
2021 $0 $40,955 $5,012 $35,943
2020 $1,315 $39,763 $4,866 $34,897
2019 $1,924 $40,129 $4,866 $35,263
2018 $1,315 $40,129 $4,866 $35,263
2017 $993 $27,597 $4,866 $22,731
2016 $960 $20,357 $5,773 $14,584
2015 $19,764 $19,764 $5,605 $14,159
2014 $1,888 $19,189 $5,442 $13,747
2013 -- $18,631 $5,284 $13,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Price Changed $450,000 -2.2% $310 / Sq Ft
06/19/2025 06/19/25 For Sale $460,000 -- $317 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Vantage Point Title
Warranty Deed -- Fidelity National Title
Special Warranty Deed -- Stewart Title
Foreclosure Deed -- None Available
Foreclosure Deed -- None Available
Special Warranty Deed -- Commonwealth Lawyers
Warranty Deed -- First American Title Ins Co
Warranty Deed -- Stewart Title
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $242,400 Purchase Money Mortgage
Previous Owner $232,000 Purchase Money Mortgage
Source: Public Records

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

MLS Number: 1086270

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-057-170271-2-05-18

New Mexico Bernalillo County Albuquerque 87102 Barelas

501 3rd St SW, Albuquerque, NM

This home is located at 501 3rd St SW, Albuquerque, NM 87102 and is currently priced at $450,000, approximately $309 per square foot. This property was built in 1901. 501 3rd St SW is a home located in Bernalillo County with nearby schools including Dolores Gonzales Elementary School, Washington 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.

Nearby Homes
Julie Turner
Listing Agent
Julie Turner
Section Image
Realty One Group Concierge
(505) 560-9450