$460,000

501 3rd St SW Albuquerque, NM 87102

Barelas Neighborhood

Estimated payment $3,010/month

Total Views 3,292
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Albuquerque High School Rated A-
  • Forced Air Heating System

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 1901

Kitchen

  • Free-Standing Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Additional Features

  • Property has 2 Levels
  • 3,920 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 101405717027120518

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,549

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • 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
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Flooring: Carpet Free, Tile, Wood
  • Appliances: Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 101405717027120518
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5549.0

Map

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

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
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

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See All Homes in Albuquerque

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

MLS Number: 1087214

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 $460,000. 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.

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