NOT LISTED FOR SALE

524 Central Ave SW Unit 708 Albuquerque, NM 87102

Downtown Albuquerque Neighborhood

Estimated Value: $307,000 - $326,000

2 Beds
2 Baths
1,545 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: September 16, 2021

Current estimated payment $7,095 / mo

5 Days on Market

Highlights

  • Contemporary Architecture
  • Loft
  • Multiple Living Areas
  • Albuquerque High School Rated A-
  • Corner Lot
  • 4-minute walk to Robinson Park

About This Home

As of September 2021

Have you been to the Downtown farmers' market? checked out the new food court on the corner of 5th and Central?This exclusive building, finished in 2015, has a unique architecture both in and out. This particular unit is on the higher levels and is a loft style on two levels. It has quality cabinetry and granite countertops with all stainless steel appliances. It has view of the mountains and downtown business center towards the Northeast.An exact same unit in exact same condition and exact same building appraised for $285K a few months ago.The price is set at $10K less than market value as there is a tenant in place until end of Dec 21. The HOA takes care of everything except the inside of the unit. The owner only has electrical bill, water is included.

Last Agent to Sell the Property

Robert Devine

Realty One of New Mexico Listed on: 07/25/2021

Last Buyer's Agent

Joan Wagner

Coldwell Banker Legacy License #29083

Coldwell Banker Legacy

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,108

Year Built

  • Built in 2015

Lot Details

  • 8,276

HOA Fees

  • $5,136 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Flat Roof Shape
  • Membrane Roofing
  • Rubber Roof
  • Metal Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,545 Sq Ft Home
  • Property has 2 Levels
  • Beamed Ceilings
  • Thermal Windows
  • Single Hung Metal Windows
  • Multiple Living Areas
  • Loft
  • Tile Flooring

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Lew Wallace Elementary School
  • Washington Middle School
  • Albuquerque High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Patio
  • Northeast Facing Home

Community Details

  • Association fees include common areas, insurance, ground maintenance, utilities
  • 45 Units

Listing and Financial Details

  • Total Actual Rent $1,515
  • Assessor Parcel Number 101405710342927401BN

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,108

Year Built

Built in 2015

Lot Details

8,276 Sq Ft Lot

HOA Fees

$5,136 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Directions: sw corner of central and 6th
  • Year Built: 2015
  • Lot Size Acres: 0.19
  • Road Frontage Type: Public Road
  • Architectural Style: Contemporary
  • Entry Level: 7
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Year Built Details: 4 - 6
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Beamed Ceilings, Loft, Multiple Living Areas
  • Stories: 2
  • Accessibility Features: Wheelchair Access
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1545.0
  • Stories: 12
  • Window Features: Clad, Metal, Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Flat, Membrane, Rubber
  • Lot Features: Corner Lot
  • Pool Private: No
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Metal Siding, Synthetic Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Refrigerated
  • Electric: None
  • Heating: Central, Forced Air, Heat Pump, Combination
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Community/Coop
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 5136.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Utilities

Schools

  • Elementary School: Lew Wallace
  • High School: Albuquerque
  • Middle Or Junior School: Washington

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8232.84
  • Parcel #: 101405710342927401BN
  • Zoning Description: MX-FB-UD*

Multi Family

  • Number Of Units Total: 45
  • Total Actual Rent: 1515.0

Tax Info

  • Tax Annual Amount: 3107.52

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Sep 15, 2021
Sold by
Bought by
Seller's Agent
Robert Devine
Realty One of New Mexico
Buyer's Agent
Joan Wagner
Coldwell Banker Legacy
List Price
$274,900
Current Estimated Value
$315,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$219,000
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title
-- Stewart Title
-- Accommodation
-- Accommodation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $219,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/16/2021 09/16/21 Sold -- -- --
07/30/2021 07/30/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $274,900 -- $178 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,426 $70,893 $0 $70,893
2024 $3,754 $77,792 $0 $77,792
2023 $3,686 $75,526 $0 $75,526
2022 $3,490 $73,326 $0 $73,326
2021 $3,164 $66,734 $0 $66,734
2020 $3,108 $64,790 $0 $64,790
2019 $3,016 $62,903 $0 $62,903
2018 $3,425 $78,425 $0 $78,425
2017 $3,752 $79,225 $0 $79,225
2016 $3,735 $79,225 $0 $79,225
2015 $78,392 $78,392 $0 $78,392
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Devine

    Realty One of New Mexico

  • Joan Wagner

    Buyer's Agent in 2021

    Joan Wagner

    Coldwell Banker Legacy

    (505) 220-0060

    1 in this area

    40 Total Sales

    Joan Wagner
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Map

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

MLS Number: 997421

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-057-103429-2-74-01-BN

New Mexico Bernalillo County Albuquerque 87102 Downtown Albuquerque

524 Central Ave SW Unit 708, Albuquerque, NM

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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