NOT LISTED FOR SALE

540 Ortiz Dr SE Albuquerque, NM 87108

South San Pedro Neighborhood
2 Beds
1 Bath
3,360 Sq Ft
6,970 Sq Ft Lot

Last Sold September 04, 2018

18 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Tile Flooring
  • Laundry Facilities

About This Home

As of September 2018

This 4-plex is current managed by a property management company. The units are all separately metered for gas and electric and the building has a common laundry room. The washer and dryer are excluded from the sale as they are owned by the laundry service provider. The units are very popular due to the close proximity to shopping. Each unit is 2 BR 1 BA and comes with a range, dishwasher, and refrigerator. The sellers would like to sell this property together with 538 Ortiz (MLS #921605) for the combined price of the listings since they share a common courtyard. This is not a Short Sale or Foreclosure. Please don't disturb the tenants. Any viewings subject to accepted offer.

Last Agent to Sell the Property

Wiley Billingsley

Cottonwood Realty License #18356 Listed on: 06/18/2018

Last Buyer's Agent

Erik Olson

NAI SunVista Commercial RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1983

Lot Details

  • 6,970

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,360 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

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

Additional Features

  • Exterior Lighting
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101805604247522622

Community Details

Overview

  • 3,360 Sq Ft Building
  • Mendelsbergs Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Operating Expense $3,127
  • Gross Income $17,130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,890

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: Take I-40 Eastbound; Exit San Mateo Heading South; Go East On Zuni; Go South On Ortiz Dr.
  • Listing Contract Date: 2018-06-17
  • Year Built: 1983
  • Lot Size Acres: 0.16
  • Subdivision Name: Mendelsbergs
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Free-Standing Electric Range, Refrigerator, Range Hood
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3360.0
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Deck/Porch, Laundry Facilities, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 101805604247522622
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 17130.0
  • Annual Operating Expense: 3127.0

Tax Info

  • Tax Annual Amount: 1890.0

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
09/04/2018 09/04/18 Sold -- -- --
07/06/2018 07/06/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $193,000 -- $57 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wiley Billingsley

    Seller's Agent in 2018

    Wiley Billingsley

    Cottonwood Realty

    (505) 918-9188

    49 Total Sales

    Section Image

  • E

    Buyer's Agent in 2018

    Erik Olson

    NAI SunVista Commercial RE

See All Agents

Map

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

MLS Number: 921607

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-056-042-475-2-26-22

New Mexico Bernalillo County Albuquerque 87108 South San Pedro

540 Ortiz Dr SE, Albuquerque, NM

This home is located at 540 Ortiz Dr SE, Albuquerque, NM 87108 since 18 June 2018. This property was built in 1983. 540 Ortiz 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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