NOT LISTED FOR SALE

5605 Drake Ave NW Albuquerque, NM 87114

Paradise Hills Civic Neighborhood

Estimated Value: $219,000 - $337,000

3 Beds
2 Baths
1,584 Sq Ft
$184/Sq Ft Est. Value

Last Sold November 24, 2021

Current estimated payment $1,706/month

10 Days on Market

Highlights

  • 0.24 Acre Lot
  • Evaporated cooling system
  • 2 Car Garage
  • Private Yard
  • Forced Air Heating System
  • South Facing Home

About This Home

As of November 2021

Attention Investors! Selling As-Is. Roof was replaced several years ago. Home has Plumbing & Electrical issues.

Last Agent to Sell the Property

Aimee Romero

Coldwell Banker Legacy License #44382 Listed on: 09/28/2021

Coldwell Banker Legacy

Last Buyer's Agent

Nick Caffey

Cottonwood Realty License #19571

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1961

Lot Details

  • 10,629 Sq Ft Lot
  • South Facing Home
  • Private Yard
  • Zoning described as R-1A*

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • Property has 1 Level
  • Sliding Windows
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sierra Vista Elementary School
  • James Monroe Middle School
  • Cibola High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1-011-065-161-387-2-08-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: From Unser Blvd NW turn onto Essex Dr NW, make a Right onto Avenida Serena Dr NW, Left onto Drake Ave NW. 5605 will be on the right.
  • Listing Contract Date: 2020-03-16
  • Year Built: 1961
  • Lot Size Acres: 0.24
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Main Level Primary
  • Stories: 1
  • Accessibility Features: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1584.0
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Flat
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Property Condition: Fixer, Resale

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Sierra Vista
  • High School: Cibola
  • Middle Or Junior School: James Monroe

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10628.64
  • Parcel #: 1-011-065-161-387-2-08-04
  • Zoning Description: R-1A*

Tax Info

  • Tax Annual Amount: 1260.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Nelson Steven and Nelson Carol
Bought by
Kim Hongjoo and Carrethers Chris
Current Estimated Value
$290,773

Purchase Details

Closed on
Sep 1, 1998
Sold by
Campos Gloria J
Bought by
Campos Henry William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,837
Interest Rate
6.94%
Mortgage Type
FHA
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
Kim Hongjoo $365,000 None Listed On Document
Campos Henry William -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Campos Henry William $106,837
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold -- -- --
10/08/2021 10/08/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $190,000 -2.6% $120 / Sq Ft
10/05/2021 10/05/21 Price Changed $195,000 -2.5% $123 / Sq Ft
10/02/2021 10/02/21 Price Changed $200,000 -4.8% $126 / Sq Ft
09/28/2021 09/28/21 For Sale $210,000 -- $133 / 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 $1,889 $60,832 $9,509 $51,323
2023 $1,859 $59,060 $9,232 $49,828
2022 $1,809 $57,760 $9,232 $48,528
2021 $1,283 $43,139 $11,023 $32,116
2020 $1,260 $41,883 $10,702 $31,181
2019 $1,222 $40,664 $10,391 $30,273
2018 $1,176 $40,664 $10,391 $30,273
2017 $1,137 $39,479 $10,088 $29,391
2016 $1,100 $37,213 $9,509 $27,704
2015 $36,129 $36,129 $9,232 $26,897
2014 $1,058 $36,129 $9,232 $26,897
2013 -- $36,266 $10,653 $25,613
Source: Public Records

Agents Affiliated with this Home

  • Aimee Romero

    Seller's Agent in 2021

    Aimee Romero

    Coldwell Banker Legacy

    (505) 269-9878

    2 in this area

    138 Total Sales

    Aimee Romero
    Section Image
  • Nick Caffey

    Buyer's Agent in 2021

    Nick Caffey

    Cottonwood Realty

    (505) 302-1234

    3 in this area

    73 Total Sales

    Nick Caffey
    Section Image
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Map

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

MLS Number: 1001917

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-011-065-161387-2-08-04

New Mexico Bernalillo County Albuquerque 87114 Paradise Hills Civic

5605 Drake Ave NW, Albuquerque, NM

This home is located at 5605 Drake Ave NW, Albuquerque, NM 87114 since 28 September 2021 and is currently estimated at $290,773, approximately $183 per square foot. This property was built in 1961. 5605 Drake Ave NW is a home located in Bernalillo County with nearby schools including Sierra Vista Elementary School, James Monroe Middle School, and Cibola 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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