NOT LISTED FOR SALE

515 Madison Place SE Albuquerque, NM 87108

Parkland Hills Neighborhood

Estimated Value: $160,441 - $202,000

2 Beds
1 Bath
805 Sq Ft
$1,980/mo HOA Fee

Last Sold April 29, 2021

Current estimated payment $3,020/month

116 Days on Market

Highlights

  • 1 Fireplace
  • Double Pane Windows
  • Patio
  • Private Yard
  • Refrigerated Cooling System
  • Tile Flooring

About This Home

As of April 2021

Own for less than you can rent! This smartly, detailed Two Bedroom condo, has a great Kitchen that features Butcher Box and Stone counter tops, pantry, skylight plus All appliances stay including the stackable washer and dryer. Enjoy the wood burning fireplace. Private Back patio with sunshade. New Roof. Insulated non-joining wall to neighbor. Don't miss out on an opportunity to own this adorable condo.

Last Agent to Sell the Property

Rhonda Protzen

Realty One of New Mexico License #39967 Listed on: 10/30/2020

Realty One of New Mexico

Last Buyer's Agent

Annette Heise

Red Door Real Estate NM, LLC License #REC20240324

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $432

Year Built

  • Built in 1978

Lot Details

  • South Facing Home
  • Private Yard

HOA Fees

  • $1,980 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 805 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Electric Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Whittier Elementary School
  • Wilson Middle School
  • Highland School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Electricity Not Available
  • Natural Gas Connected

Community Details

  • Association fees include common areas
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 101705635251012902AA

Property Details

Home Type

Condominium

Est. Annual Taxes

$432

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,980 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Directions: Nob Hill area, from Central go South on Washington to Zuni, turn left or east on Zuni. Turn right (South) on Madison go to the back of the caldesac. Second building on the right.
  • Listing Contract Date: 2020-10-28
  • Year Built: 1978
  • Lot Size Acres: 0.02
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 805.0
  • Stories: 1
  • Window Features: Double Pane Windows, Insulated Windows

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat
  • Fencing: Wall
  • Pool Private: No
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Electric, Forced Air
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1980.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Whittier
  • High School: Highland
  • Middle Or Junior School: Wilson

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 914.76
  • Parcel #: 101705635251012902AA
  • Zoning Description: R-ML*

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 431.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Apr 29, 2021
Sold by
Paxton Matthew
Bought by
Baca Moriah
Seller's Agent
Rhonda Protzen
Realty One of New Mexico
Buyer's Agent
Annette Heise
Red Door Real Estate NM, LLC
List Price
$130,000
Current Estimated Value
$182,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$119,310
Outstanding Balance
$109,113
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$58,491

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 21, 2016
Sold by
French Louis L
Bought by
Paxton Matthew
Seller's Agent
Tony Olmi
La Entrada Realty
Buyer's Agent
Jim Sutton
Unica Real Estate LLC
List Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 20, 2016
Sold by
French Louis L and Singleton Kerwin
Bought by
French Louis L
Seller's Agent
Tony Olmi
La Entrada Realty
Buyer's Agent
Jim Sutton
Unica Real Estate LLC
List Price
$100,000

Purchase Details

Closed on
Apr 16, 2007
Sold by
Madison Place Llc
Bought by
Singleton Kerwin C and French Louis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Evans Christopher A and Evans Cydney A
Bought by
Madison Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Baca Moriah -- Fidelity National Ttl Ins Co
Paxton Matthew -- Stewart Title
French Louis L -- Stewart Title
Singleton Kerwin C -- Stewart Title
Madison Place Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baca Moriah $119,310
Previous Owner Paxton Matthew $40,000
Previous Owner Singleton Kerwin C $195,500
Previous Owner Madison Place Llc $170,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold -- -- --
02/23/2021 02/23/21 Pending -- -- --
10/30/2020 10/30/20 For Sale $130,000 +30.0% $161 / Sq Ft
09/23/2016 09/23/16 Sold -- -- --
09/10/2016 09/10/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $100,000 -- $124 / 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 $800 $18,965 $0 $18,965
2023 $810 $18,965 $0 $18,965
2022 $807 $18,965 $0 $18,965
2021 $433 $12,221 $0 $12,221
2020 $423 $11,865 $0 $11,865
2019 $432 $12,065 $0 $12,065
2018 $429 $12,065 $0 $12,065
2017 $428 $12,065 $0 $12,065
2016 $522 $12,265 $0 $12,265
2015 $12,265 $12,265 $0 $12,265
2014 $529 $12,465 $0 $12,465
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Protzen

    Seller's Agent in 2021

    Rhonda Protzen

    Realty One of New Mexico

    (505) 710-5982

    2 in this area

    29 Total Sales

    Rhonda Protzen
    Section Image

  • A

    Buyer's Agent in 2021

    Annette Heise

    Red Door Real Estate NM, LLC

    (505) 306-1505

    1 in this area

    19 Total Sales

    Annette Heise
    Section Image

  • T

    Seller's Agent in 2016

    Tony Olmi

    La Entrada Realty

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jan Burton

    La Entrada Realty

  • Jim Sutton

    Buyer's Agent in 2016

    Jim Sutton

    Unica Real Estate LLC

    (505) 259-3564

    2 in this area

    72 Total Sales

    Jim Sutton
    Section Image
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Map

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

MLS Number: 980233

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-017-056-352510-1-29-02-AA

New Mexico Bernalillo County Albuquerque 87108 Parkland Hills

515 Madison Place SE, Albuquerque, NM

This home is located at 515 Madison Place SE, Albuquerque, NM 87108 since 30 October 2020 and is currently estimated at $182,610, approximately $226 per square foot. This property was built in 1978. 515 Madison Place SE is a home located in Bernalillo County with nearby schools including Whittier Elementary School, Wilson 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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