NOT LISTED FOR SALE

503 Riverside Dr SW Albuquerque, NM 87105

Estimated Value: $334,000 - $481,000

5 Beds
3 Baths
2,606 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 08, 2021

Current estimated payment $2,278/month

50 Days on Market

Highlights

  • Private Yard
  • Covered Patio or Porch
  • Walk-In Closet
  • Multiple Living Areas
  • Covered Courtyard
  • Evaporated cooling system

About This Home

As of November 2021

Find exceptional value in this 5 Bedroom, 3 full bath home on a large fully fenced lot. With 2 large living areas and large bedrooms, this property offers ample living space. Upstairs, the 3 large bedrooms all have their own walk-in closets and a shared full bathroom. The downstairs Master bedroom has it's very own ensuite full bath. With its tastefully and artistically painted interior, this warm and inviting home offers under 2 year old appliances throughout, including the gas range, dishwasher, refrigerator, washer, dryer, wall heaters, water heater, and evaporative coolers which all equate to greater peace of mind and great value! Easy walking distance to the Bosque Outside, the private yard is a blank slate, ready for landscaping, pets, or even a little livestock! Come and see!

Last Agent to Sell the Property

Daniel Gross

R1 Commercial License #43824 Listed on: 07/30/2021

Last Buyer's Agent

Rosalia Collins

EXP Realty LLC License #38642

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot
  • Southeast Facing Home
  • Private Entrance
  • Gated Home
  • Property is Fully Fenced
  • Private Yard

Parking

  • 2 Carport Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,606 Sq Ft Home
  • Property has 2 Levels
  • Vinyl Clad Windows
  • Single Hung Metal Windows
  • Sliding Windows
  • Multiple Living Areas
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Covered Courtyard

Schools

  • Armijo Elementary School
  • Ernie Pyle Middle School
  • Rio Grande High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101305634309140311

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,936

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: Bridge to La Vega West of the Rio Grande, South on La Vega to Hardy Ave turn East toward the river to Riverside, turn right, property is the 2nd house on the right side.
  • Listing Contract Date: 2021-07-29
  • Year Built: 1946
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Living/Dining Room, Multiple Living Areas, Main Level Primary, Tub Shower, Cable TV, Walk-In Closet(s)
  • Stories: 2
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Living Area: 2606.0
  • Window Features: Metal, Sliding, Vinyl

Exterior Features

  • Exterior Features: Courtyard, Fully Fenced, Privacy Wall, Private Yard, Private Entrance
  • Roof: Shingle
  • Fencing: Gate
  • Lot Features: None
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: Southeast
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Armijo
  • High School: Rio Grande
  • Middle Or Junior School: Ernie Pyle

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 101305634309140311
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 1936.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Nov 8, 2021
Sold by
Sullivan Colleen
Bought by
Ponce Luis A and Ponce Theola S
Seller's Agent
Daniel Gross
R1 Commercial
Buyer's Agent
Rosalia Collins
EXP Realty LLC
List Price
$255,000
Current Estimated Value
$383,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$233,516
Outstanding Balance
$213,648
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$169,936

Purchase Details

Listed on
Jul 14, 2019
Closed on
Nov 5, 2019
Sold by
Simpson Mark S and Garcia Simpson Ernestine G
Bought by
Sullivan Colleen D
Seller's Agent
Preciliano Ortiz
RE/MAX SELECT
Buyer's Agent
Daniel Gross
Realty One of New Mexico
List Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%
Original Mortgage
$170,720
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Pottinger Dallas and Gebhart Ann M
Bought by
Simpson Mark S and Garcia Simpson Ernestine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2001
Sold by
Aranda Anita M
Bought by
Aranda Edward R and Aranda Anita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.75%

Purchase Details

Closed on
Apr 26, 1999
Sold by
G E Capital Mtg Services Inc
Bought by
Duran Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,089
Interest Rate
7.07%
Mortgage Type
FHA
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
Ponce Luis A -- Title Alliance Of Nm Llc
Sullivan Colleen D -- Title Alliance Of Nm Llc
Simpson Mark S -- First American Title Ins Co
Aranda Edward R -- Affiliated Title
Duran Anita -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Luis A $233,516
Previous Owner Sullivan Colleen D $170,720
Previous Owner Simpson Mark S $143,000
Previous Owner Aranda Edward R $112,000
Previous Owner Duran Anita $65,089
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2021 11/08/21 Sold -- -- --
09/18/2021 09/18/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $265,000 -3.6% $102 / Sq Ft
07/30/2021 07/30/21 Price Changed $275,000 +7.8% $106 / Sq Ft
07/30/2021 07/30/21 For Sale $255,000 +42.1% $98 / Sq Ft
11/05/2019 11/05/19 Sold -- -- -- View Prior Sale
09/30/2019 09/30/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $179,500 -5.0% $69 / Sq Ft
08/08/2019 08/08/19 For Sale $189,000 0.0% $73 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $189,000 +14.5% $73 / Sq Ft
07/14/2014 07/14/14 Sold -- -- -- View Prior Sale
06/30/2014 06/30/14 Pending -- -- --
06/14/2014 06/14/14 For Sale $165,000 -- $61 / 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 $2,843 $76,589 $13,401 $63,188
2023 $2,792 $74,359 $13,011 $61,348
2022 $2,627 $72,193 $12,632 $59,561
2021 $1,914 $52,795 $12,632 $40,163
2020 $1,936 $52,795 $12,632 $40,163
2019 $1,453 $39,625 $13,803 $25,822
2018 $0 $39,625 $13,803 $25,822
2017 $0 $38,471 $13,401 $25,070
2016 $0 $36,263 $12,632 $23,631
2015 $45,095 $45,095 $12,632 $32,463
2014 $1,528 $43,457 $8,172 $35,285
2013 -- $42,192 $7,934 $34,258
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 997809

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-056-343091-4-03-11