NOT LISTED FOR SALE

503 Marble Ave NE Albuquerque, NM 87102

Estimated Value: $175,000 - $210,621

2 Beds
1 Bath
790 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 15, 2018

Current estimated payment $1,185/month

10 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Evaporated cooling system
  • Jefferson Middle School Rated A-
  • Covered Patio or Porch
  • Bungalow

About This Home

As of February 2018

Come see this clean, well-built Adobe cottage tucked away on quiet street. Freshly painted and no carpet, only tile & wood laminate. Inspections have been done, and the few repairs noted are complete! Property has partly fenced yard, and bonus workshop/storage building. Live in this very quaint and private neighborhood close to Downtown, UNM and Freeways. This property would also make a great rental for investor seeking rental income.

Last Agent to Sell the Property

Adrian Montgomery

Coldwell Banker Legacy License #REC20240914 Listed on: 01/02/2018

Coldwell Banker Legacy

Last Buyer's Agent

John Foster

Coldwell Banker Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $809

Year Built

  • Built in 1935

Lot Details

  • 3,049 Sq Ft Lot
  • South Facing Home
  • Private Entrance
  • Wrought Iron Fence
  • Fenced Front Yard
  • Corner Lot
  • Private Yard
  • Zoning described as SU-2

Home Design

  • Bungalow
  • Pitched Roof
  • Shingle Roof
  • Stucco
  • Adobe

Interior Spaces

  • 790 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Free-Standing Gas Range
  • Washer and Gas Dryer Hookup

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Longfellow Elementary School
  • Jefferson Middle School
  • Albuquerque High School

Utilities

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

Community Details

  • Ross Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101405850517243150

Home Details

Home Type

Single Family

Est. Annual Taxes

$809

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From I25 South, take Lomas exit and go West (right). Go North (right) at the Edith stoplight. Turn left (West) on Marble. House is on right at end of street.
  • Listing Contract Date: 2017-12-07
  • Year Built: 1935
  • Lot Size Acres: 0.07
  • Road Frontage Type: Public Road
  • Subdivision Name: Ross Add
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 790.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Fence, Private Entrance, Private Yard, Storage
  • Roof: Pitched, Shingle
  • Fencing: Front Yard, Wrought Iron
  • Lot Features: Corner Lot
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Longfellow
  • High School: Albuquerque
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 101405850517243150
  • Zoning Description: SU-2

Tax Info

  • Tax Annual Amount: 809.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Quinones Luis C and Quinones Cassandra M
Bought by
Gal Properties Llc
Current Estimated Value
$187,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Outstanding Balance
$5,993
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$180,629

Purchase Details

Closed on
Nov 28, 2021
Sold by
Austin Patrick S and Austin Sharon
Bought by
Fresquez Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500
Outstanding Balance
$5,993
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$180,629

Purchase Details

Closed on
Nov 8, 2019
Sold by
Austin Patrick S and Austin Sharon K
Bought by
Austin Patrick S and Austin Sharon

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 12, 2018
Sold by
Rosenblum Natalie and Berman Robert
Bought by
Austin Patrick S and Austin Sharon K
Seller's Agent
Adrian Montgomery
Coldwell Banker Legacy
Buyer's Agent
John Foster
Coldwell Banker Legacy
List Price
$92,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$66,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2007
Sold by
Bradley Paul H
Bought by
Rosenblum Natalie and Berman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2003
Sold by
Knutson Gary
Bought by
Montoya Mable L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 25, 2001
Sold by
The Bank Of New York
Bought by
Herd Randel E

Purchase Details

Closed on
May 30, 2000
Sold by
Hud
Bought by
Bradley Paul H

Purchase Details

Closed on
Aug 12, 1999
Sold by
Charter Bank
Bought by
Hud

Purchase Details

Closed on
May 29, 1998
Sold by
Charles Bombach & Co Realtors
Bought by
Knutson Gary

Purchase Details

Closed on
May 19, 1998
Sold by
Colmenero Ignacio and Colmenero Sandra
Bought by
Charles Bombach & Company Realtors
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gal Properties Llc -- None Available
Fresquez Andrew S -- Old Republic Natl Ttl Ins Co
Austin Patrick S -- None Available
Austin Patrick S -- Stewart Title
Berman Robert -- Stewart Title
Rosenblum Natalie -- First American Title Ins Co
Montoya Mable L $40,000 First American Title Ins Co
Herd Randel E -- Fidelity National Title Co
Bradley Paul H -- --
Hud -- --
Knutson Gary -- --
Charles Bombach & Company Realtors -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fresquez Andrew S $6,500
Open Fresquez Andrew S $117,826
Previous Owner Austin Patrick S $66,750
Previous Owner Rosenblum Natalie $80,000
Previous Owner Bradley Paul H $64,000
Previous Owner Montoya Mable L $38,000
Closed Colmenero Ignacio --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold -- -- --
01/12/2018 01/12/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $92,124 -- $117 / 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 $1,962 $40,646 $9,921 $30,725
2023 $1,926 $39,462 $9,632 $29,830
2022 $1,878 $39,462 $9,632 $29,830
2021 $1,450 $30,588 $6,454 $24,134
2020 $1,424 $29,697 $6,266 $23,431
2019 $1,424 $29,697 $6,266 $23,431
2018 $868 $29,697 $6,266 $23,431
2017 $837 $18,210 $6,647 $11,563
2016 $809 $17,165 $6,266 $10,899
2015 $20,846 $20,846 $5,478 $15,368
2014 $944 $20,240 $5,319 $14,921
2013 -- $19,650 $5,164 $14,486
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 908256

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-058-505172-4-31-50