$279,900
SOLD MAY 23, 2025
Last list price

505 Valplano Rd SE Albuquerque, NM 87105

3 Beds
2.5 Baths
1,810 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

47 Days on Market

Highlights

  • Corner Lot
  • Multiple Living Areas
  • 2 Car Detached Garage
  • Private Yard
  • Separate Outdoor Workshop
  • Double Pane Windows

About This Home

As of May 2025

BRAND NEW ROOF & SKYLIGHTS TO BE INSTALLED 4/8. APPRAISED AT $320K. Don't miss your rare opportunity to own this exclusive property with a unique multigenerational layout! This home has an amazing layout & has been separated into 2 units, but can easily be converted back. 1 unit features 2 beds, 1 full bath, oversized kitchen with a breakfast nook, and a generous sized living room. The other unit in the back has been converted into a separate living quarters that features an oversized master bedroom/bathroom suite, full kitchenette with granite countertops & custom cabinets, and a large living space with a fireplace.Property includes a large detached garage with workshop, motor lift, bathroom&w/d, perfect for any mechanics and car junkies!

Last Agent to Sell the Property

Steffan Walters

Jason Mitchell RE NM Listed on: 02/27/2025

Last Buyer's Agent

Joseph Maez

The Maez Group License #17921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1997

Lot Details

  • 9,148 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Private Yard
  • Zoning described as M-H

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Insulated Windows
  • Multiple Living Areas
  • CRI Green Label Plus Certified Carpet
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Garden Bath
  • Separate Shower

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Mountain View Elementary School
  • Polk Middle School
  • Rio Grande High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101405214041220801

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: I25 Way South to Rio Bravo Exit (Just past the Sunport). West off the exit on Rio Bravo to Broadway South on Broadway South on Broadway about 1mile to Prosperity. West on Prosperity to Kinney. South on Kinney to Valplano.
  • Listing Contract Date: 2025-02-27
  • Year Built: 1997
  • Lot Size Acres: 0.21
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Garden Tub/Roman Tub, Multiple Living Areas, Main Level Primary, Separate Shower
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1810.0
  • Window Features: Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fully Fenced, Fence, Privacy Wall, Private Yard
  • Roof: Pitched, Shingle
  • Fencing: Wrought Iron
  • Lot Features: Corner Lot, Landscaped
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Other Structures: Storage, Workshop
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: No
  • Parking Features: Detached, Garage, Garage Door Opener, Workshop in Garage

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Natural Gas
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Public
  • Laundry Features: Gas Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Mountain View
  • High School: Rio Grande
  • Middle Or Junior School: Polk

Green Features

  • Green Power: None

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 101405214041220801
  • Zoning Description: M-H

Tax Info

  • Tax Annual Amount: 1634.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
May 23, 2025
Sold by
Contreras Tomas and Garza Mindy
Bought by
Hernandez Dominic and Lucero Holly
Seller's Agent
Steffan Walters
Jason Mitchell RE NM
Buyer's Agent
Joseph Maez
The Maez Group
List Price
$279,900
Views
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
9.02%
Original Mortgage
$263,532
Outstanding Balance
$263,532
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$10,934

Purchase Details

Closed on
Jul 23, 2007
Sold by
Contreras Maria
Bought by
Contreras Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,299
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2001
Sold by
Contreras Tomas and Contreras Rosa
Bought by
Contreras Tomas and Contreras Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.71%

Purchase Details

Closed on
Mar 19, 2001
Sold by
Sanchez Juan F and Sanchez Jovita
Bought by
Sanchez Juan F
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Rio Grande Title Company Inc
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $263,532 FHA
Closed $10,000 FHA
Previous Owner $139,299 New Conventional
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold -- -- --
04/15/2025 04/15/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $279,900 0.0% $155 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $279,900 -- $155 / 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 $1,634 $52,647 $15,240 $37,407
2023 $1,609 $51,114 $14,797 $36,317
2022 $1,555 $49,626 $14,366 $35,260
2021 $1,502 $48,181 $13,948 $34,233
2020 $1,478 $46,778 $13,542 $33,236
2019 $1,435 $45,415 $13,147 $32,268
2018 $1,383 $45,415 $13,147 $32,268
2017 $1,340 $44,094 $12,765 $31,329
2016 $1,298 $41,562 $12,032 $29,530
2015 $41,596 $41,596 $12,032 $29,564
2014 $7,170 $41,929 $12,032 $29,897
2013 -- $41,962 $12,032 $29,930
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1079031

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-052-140412-2-08-01