NOT LISTED FOR SALE

700 Iron Ave SW Albuquerque, NM 87102

Barelas Neighborhood

Estimated Value: $220,000 - $298,000

3 Beds
2 Baths
1,073 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 17, 2021

Current estimated payment $1,610/month

Highlights

  • Private Yard
  • Evaporated cooling system
  • North Facing Home
  • Albuquerque High School Rated A-
  • Tile Flooring
  • 3-minute walk to Barelas Community Center Park

About This Home

As of December 2021

Downtown investment opportunity. As is sale. Cash only, cannot be financed.

Last Agent to Sell the Property

Corey Ghelfi

Yellowstone Realty Group License #20843 Listed on: 12/04/2021

Last Buyer's Agent

Nonmls Nonmls

Non Member of SWMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $869

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • North Facing Home
  • Private Yard
  • Zoning described as R-1A*

Home Design

  • Frame Construction
  • Pitched Roof
  • Stucco
  • Adobe

Interior Spaces

  • 1,073 Sq Ft Home
  • Property has 1 Level
  • Single Hung Metal Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Dolores Gonzales Elementary School
  • Washington Middle School
  • Albuquerque High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101405702726033003

Home Details

Home Type

Single Family

Est. Annual Taxes

$869

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Directions: South on 8th St. from Central, East on Iron to property.
  • Listing Contract Date: 2021-12-04
  • Year Built: 1930
  • Lot Size Acres: 0.07
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Year Built Details: 81 - 99
  • Property Sub Type Additional: Detached
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Interior Amenities: Main Level Master
  • Stories: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1073.0
  • Window Features: Metal

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Pitched
  • Pool Private: No
  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Adobe, Block, Frame, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Electric
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Elementary School: Dolores Gonzales
  • High School: Albuquerque
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 101405702726033003
  • Zoning Description: R-1A*

Tax Info

  • Tax Annual Amount: 869.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Carrillo Roberta Susan
Bought by
Ramirez Raul A and Ramirez Elizabeth
Current Estimated Value
$259,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$103,811
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$155,244

Purchase Details

Closed on
Jun 6, 2022
Sold by
Sandia Real Estate Investments Lc
Bought by
Jorgensen Investments Llc

Purchase Details

Listed on
Dec 4, 2021
Closed on
Dec 30, 2021
Sold by
Ghelfi Corey James
Bought by
Willingham Jackie
Seller's Agent
Corey Ghelfi
Yellowstone Realty Group
Buyer's Agent
Nonmls Nonmls
Non Member of SWMLS
List Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
May 26, 2021
Sold by
Jones Robert K and Mann Nikki J
Bought by
Ghelfi Corey James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 20, 2003
Sold by
Corbett Leslie D
Bought by
Apodaca Maice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 1983
Sold by
Bernauer Wanda
Bought by
Corbett Leslie D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ramirez Raul A -- Centric Title And Escrow, Llc
Jorgensen Investments Llc -- None Listed On Document
Willingham Jackie -- None Listed On Document
Ghelfi Corey James $140,000 None Available
Jones Robert K -- None Available
Yellowstone Investments Llc -- None Listed On Document
Ghelfi Corey James -- None Listed On Document
Apodaca Maice -- Albuquerque Title
Corbett Leslie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Investments Llc $161,000
Previous Owner Ghelfi Corey James $140,000
Previous Owner Apodaca Maice $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold -- -- --
12/04/2021 12/04/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $175,000 -- $163 / 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 $2,376 $49,229 $4,669 $44,560
2023 $2,333 $47,795 $4,533 $43,262
2022 $2,137 $44,896 $4,533 $40,363
2021 $859 $20,122 $4,480 $15,642
2020 $869 $20,122 $4,480 $15,642
2019 $869 $20,122 $4,480 $15,642
2018 $864 $20,122 $4,480 $15,642
2017 $858 $20,122 $4,480 $15,642
2016 $854 $20,122 $4,480 $15,642
2015 $20,122 $20,122 $4,480 $15,642
2014 $845 $20,122 $4,480 $15,642
2013 -- $20,122 $4,480 $15,642
Source: Public Records

Agents Affiliated with this Home

  • Corey Ghelfi

    Seller's Agent in 2021

    Corey Ghelfi

    Yellowstone Realty Group

    (505) 850-0742

    1 in this area

    73 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Nonmls Nonmls

    Non Member of SWMLS

See All Agents

Map

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

MLS Number: 1005610

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-057-027260-3-30-03

New Mexico Bernalillo County Albuquerque 87102 Barelas

700 Iron Ave SW, Albuquerque, NM

This home is located at 700 Iron Ave SW, Albuquerque, NM 87102 since 04 December 2021 and is currently estimated at $259,055, approximately $241 per square foot. This property was built in 1930. 700 Iron Ave SW is a home located in Bernalillo County with nearby schools including Washington Middle School, Albuquerque High School, and Siembra Leadership 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.

Nearby Homes