$1,750,000
SOLD MAY 7, 2025
Last list price
2 Beds
2 Baths
3,403 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$514 Per Sq Ft

Highlights

  • New Construction
  • Ductless Heating Or Cooling System
  • Tile Flooring
  • Albuquerque High School Rated A-
  • Patio
  • Landscaped

About This Home

As of May 2025

Less than 1 year - Incredible value add investment. 5 total units on 2 lots.

Last Agent to Sell the Property

Thomas Gallegos

Berkshire Hathaway NM Prop License #45240 Listed on: 03/15/2025

Berkshire Hathaway NM Prop

Co-Listed By

Max Maner

Berkshire Hathaway NM Prop License #REC20230682

Last Buyer's Agent

Jeremy Navarro

Keller Williams Realty License #20043

Keller Williams Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $237

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped
  • Additional Parcels

Parking

  • 5 Parking Spaces

Home Design

  • New Construction
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,403 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Assessor Parcel Number 101305731135515609

Community Details

Overview

  • 3,403 Sq Ft Building
  • Built by Sierra Hacienda Builders

Building Details

  • Gross Income $120,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$237

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Directions: From Lead Ave, head west to 14th street, turn south (left) on 14th street and the property is on the right.
  • Listing Contract Date: 2024-05-01
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: PGRE02
  • Co List Office Phone: (505) 798-6300
  • Unit Levels: Three Or More
  • New Construction: Yes
  • ResoBuildingAreaSource: Plans
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 3
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3403.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Landscaping, Patio
  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Sierra Hacienda Builders
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless, Refrigerated, Ceiling Fan(s)
  • Heating: Ductless
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Additional Parcels: Yes
  • Parcel #: 101305731135515609
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 120000.0

Tax Info

  • Tax Annual Amount: 237.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
May 7, 2025
Sold by
Alexander Holdings Llc
Bought by
Dhillon Ujagger Singh
Seller's Agent
Thomas Gallegos
Berkshire Hathaway NM Prop
Buyer's Agent
Jeremy Navarro
Keller Williams Realty
List Price
$1,750,000
Sold Price
$1,510,000
Premium/Discount to List
-$240,000
-13.71%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.07%
Original Mortgage
$680,000
Outstanding Balance
$680,000
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$147,000

Purchase Details

Closed on
Mar 9, 2023
Sold by
Mcwhit Construction Llc
Bought by
Nordquist Riana E and Nordquist Todd A

Purchase Details

Closed on
Mar 14, 2022
Sold by
Ur 14 Coal Llc
Bought by
Borror Tim
Source: Public Records

Similar Home in Albuquerque, NM

  • 615 Iron Ave SW, Albuquerque, NM 87102

    $1,600,000

    • 2 Beds
    • 2 Baths
    • 6,148 Sq Ft
    • 615 Iron Ave SW
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    NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings.

    Thomas Gallegos Berkshire Hathaway NM Prop

    Section Image

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Old Republic National Title In
Warranty Deed -- Fidelity National Title
Special Warranty Deed -- Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold -- -- --
03/15/2025 03/15/25 Pending -- -- --
03/15/2025 03/15/25 For Sale $1,750,000 -- $514 / 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 $237 $4,300 $4,300 $0
2023 $505 $4,300 $4,300 $0
2022 $234 $4,300 $4,300 $0
2021 $234 $4,300 $4,300 $0
2020 $234 $4,300 $4,300 $0
2019 $234 $4,300 $4,300 $0
2018 $234 $4,300 $4,300 $0
2017 $232 $4,300 $4,300 $0
2016 $231 $4,300 $4,300 $0
2015 $4,833 $4,833 $4,833 $0
2014 $254 $4,833 $4,833 $0
2013 -- $4,833 $4,833 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1080150

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-057-311355-1-56-09