NOT LISTED FOR SALE

505 Dorado Place SE Albuquerque, NM 87123

Singing Arrow Neighborhood
2 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 30, 2018

244 Days on Market

Highlights

  • Fireplace
  • Tile Flooring
  • Satellite Dish
  • Evaporated cooling system
  • Forced Air Heating System

About This Home

As of April 2018

This 5300 sqft property features extra large Townhome style 2 bedroom units in this fully leased property. Each unit also has a backyard! NOI of $20,000.00 at an 8% cap puts this property right at $250,000.00. Leases made available upon request.

Last Agent to Sell the Property

Scott Clark

Double Eagle Real Estate License #8946 Listed on: 07/11/2017

Co-Listed By

Jillian Sabatini

Double Eagle Real Estate

Last Buyer's Agent

Sandra Hildebrand

Berkshire Hathaway NM Prop License #43653

Berkshire Hathaway NM Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Fireplace
  • Tile Flooring

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 102205628522341409

Community Details

Overview

  • 4 Units
  • Four Hills Add Subdivision

Building Details

  • Operating Expense $10,000
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,124

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: I-40 East to Tramway Blvd. SE exit 167. Right on Tramway, then Right on Central. Left onto Dorado Place to property on the right.
  • Listing Contract Date: 2017-07-11
  • Year Built: 1980
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: DERI01
  • Co List Office Phone: (505) 883-1414
  • Subdivision Name: Four Hills Add
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: 1 - 3
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Features: Satellite Dish
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 102205628522341409
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 2123.64

Range of Values:

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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
04/30/2018 04/30/18 Sold -- -- --
03/12/2018 03/12/18 Pending -- -- --
07/11/2017 07/11/17 For Sale $250,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Scott Clark

    Double Eagle Real Estate

    (505) 883-1414

    138 Total Sales

    Scott Clark
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jillian Sabatini

    Double Eagle Real Estate

  • Sandra Hildebrand

    Buyer's Agent in 2018

    Sandra Hildebrand

    Berkshire Hathaway NM Prop

    (505) 463-0309

    40 Total Sales

    Sandra Hildebrand
    Section Image
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Map

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

MLS Number: 896817

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-056-285-223-4-14-09

New Mexico Bernalillo County Albuquerque 87123 Singing Arrow

505 Dorado Place SE, Albuquerque, NM

This home is located at 505 Dorado Place SE, Albuquerque, NM 87123 since 11 July 2017. This property was built in 1980. 505 Dorado Place SE is a home located in Bernalillo County with nearby schools including Manzano Mesa Elementary School, Van Buren Middle School, and Highland 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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