NOT LISTED FOR SALE

516 Madeira Dr SE Albuquerque, NM 87108

South San Pedro Neighborhood
1 Bed
1 Bath
3,688 Sq Ft
6,970 Sq Ft Lot

Last Sold March 21, 2016

267 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • CRI Green Label Plus Certified Carpet
  • Landscaped

About This Home

As of March 2016

This 4-plex has been lovingly cared for by the same owner for 17+ years. The units are all separately metered for gas and electric (the tenants pay their own usage) and at the end of the building there is a larger ''master's unit.'' It has been a great income producer and has potential for more! The tenants love it here (one just moved out after 17 years!) which you can understand by admiring the central courtyard, refrigerator in every unit and proximity to Walmart. The seller would like to sell this property together with 512 Madeira SE (MLS #839398), combining the prices for the two 4-plexes (8 units total). This is not a Short Sale or Foreclosure. Please don't disturb the tenants. Any showings subject to accepted offer.

Last Agent to Sell the Property

Sutter Sugar

Unica Real Estate LLC Listed on: 04/30/2015

Co-Listed By

Linda Sugar

Unica Real Estate LLC

Last Buyer's Agent

Jim Sutton

Unica Real Estate LLC License #13904

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1967

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,688 Sq Ft Home
  • Property has 2 Levels
  • Cooktop

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3,688 Sq Ft Building
  • H F Hollingberrys Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101805607650522717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,166

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: East on Zuni from San Mateo, South on Madeira (there is no sign)
  • Year Built: 1967
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: UREL01
  • Co List Office Phone: (505) 293-8400
  • Subdivision Name: H F Hollingberrys
  • Unit Levels: Two
  • Year Built Details: 41 - 50
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Cooktop, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3688.0

Exterior Features

  • Exterior Features: Landscaping
  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: unknown
  • Construction Type: Block, Frame

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101805607650522717
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2166.14

Range of Values:

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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
03/21/2016 03/21/16 Sold -- -- --
01/22/2016 01/22/16 Pending -- -- --
04/30/2015 04/30/15 For Sale $185,000 -- $50 / Sq Ft
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 2016

    Sutter Sugar

    Unica Real Estate LLC

  • L

    Seller Co-Listing Agent in 2016

    Linda Sugar

    Unica Real Estate LLC

  • Jim Sutton

    Buyer's Agent in 2016

    Jim Sutton

    Unica Real Estate LLC

    (505) 259-3564

    1 in this area

    72 Total Sales

    Jim Sutton
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Map

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

MLS Number: 839395

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-056-076-505-2-27-17

New Mexico Bernalillo County Albuquerque 87108 South San Pedro

516 Madeira Dr SE, Albuquerque, NM

This home is located at 516 Madeira Dr SE, Albuquerque, NM 87108 since 30 April 2015. This property was built in 1967. 516 Madeira Dr 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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