NOT LISTED FOR SALE

5121 12th St NW Unit 2 Albuquerque, NM 87107

Estimated Value: $341,000 - $428,000

1 Bed
1 Bath
1,196 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 17, 2022

Current estimated payment $2,515/month

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Property has 1 Level
  • Evaporated cooling system

About This Home

As of March 2022

RARE find! Charming DUPLEX in desirable North Valley! On a spacious corner with an authentic Adobe Wall plus additional fencing enclosing the yard spaces and parking for both units. The ancillary building could be used for a shop, storage or one could install a shared laundry area for the tenants or whatever else you desire! Both units have hard wood floors and are 1-bed, 1-bath. They are currently rented but will be vacant by Closing. Both units include a fridge and washer and dryer hookups. This property has lots of potential to be an excellent Duplex investment, live in one and rent the other, Short Term rental or one could turn it into a single family residence. Built as a Duplex originally. Excellent for a multi family situation. These opportunities don't come along often in Alb!

Last Agent to Sell the Property

Patricia Homburg

Realty One of New Mexico Listed on: 02/20/2022

Last Buyer's Agent

Rebecca Betzen

Thrive Real Estate License #51806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 1949

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected
  • Co-Op Water

Community Details

  • 1,196 Sq Ft Building
  • Complex Is Fenced

Listing and Financial Details

  • Assessor Parcel Number 101406116118431014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,028

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: From 2nd and Griegos, go West on Griegos, then Right (North) on 12th. The property is on the Left on the corner.
  • Listing Contract Date: 2022-02-19
  • Year Built: 1949
  • Lot Size Acres: 0.13
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 71 - 80
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 1196.0
  • Stories: 1

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unk
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Security: Complex Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 101406116118431014
  • Zoning Description: R-1C*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2027.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
5121 12Th Street Llc
Bought by
Smith-Stetson Chandler and Stetson Bonnie
Current Estimated Value
$380,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$355,134
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$33,254

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 17, 2022
Sold by
Vallejos Bernadetta J
Bought by
5121 12Th Street Nw Llc
Seller's Agent
Patricia Homburg
Realty One of New Mexico
Buyer's Agent
Rebecca Betzen
Thrive Real Estate
List Price
$178,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.88%

Purchase Details

Closed on
Apr 17, 2018
Sold by
Maldonado Pat B
Bought by
Vallejos Bernadette J and Lopez Lynette R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith-Stetson Chandler -- Fidelity National Title
5121 12Th Street Nw Llc -- Fidelity National Title
Vallejos Bernadette J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith-Stetson Chandler $363,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold -- -- --
03/02/2022 03/02/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $178,000 -- $149 / 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 $5,356 $110,989 $14,099 $96,890
2023 $2,855 $58,495 $8,033 $50,462
2022 $2,097 $44,057 $8,521 $35,536
2021 $2,028 $42,776 $8,274 $34,502
2020 $1,992 $41,530 $8,033 $33,497
2019 $1,995 $41,596 $8,033 $33,563
2018 $1,823 $41,596 $8,033 $33,563
2017 $1,758 $38,241 $8,777 $29,464
2016 $1,699 $36,047 $8,274 $27,773
2015 $34,997 $34,997 $8,033 $26,964
2014 $1,632 $34,997 $8,033 $26,964
2013 -- $34,997 $8,033 $26,964
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patricia Homburg

    Realty One of New Mexico

  • Rebecca Betzen

    Buyer's Agent in 2022

    Rebecca Betzen

    Thrive Real Estate

    (505) 550-0752

    7 in this area

    73 Total Sales

    Rebecca Betzen
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Map

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

MLS Number: 1009291

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-061-161184-3-10-14

New Mexico Bernalillo County Albuquerque 87107

5121 12th St NW Unit 2, Albuquerque, NM

This home is located at 5121 12th St NW Unit 2, Albuquerque, NM 87107 since 20 February 2022 and is currently estimated at $380,527, approximately $318 per square foot. This property was built in 1949. 5121 12th St NW Unit 2 is a home located in Bernalillo County with nearby schools including Douglas MacArthur Elementary School, Valley High School, and Mountain Mahogany Community 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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