NOT LISTED FOR SALE

925 Louisiana Blvd SE Albuquerque, NM 87108

South San Pedro Neighborhood
2 Beds
1 Bath
3,128 Sq Ft
7,405 Sq Ft Lot

Last Sold January 24, 2020

116 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • Property has 1 Level
  • Evaporated cooling system
  • Forced Air Heating System
  • 5-minute walk to Cesar Chavez Community Center

About This Home

As of January 2020

Brick Tri-plex, with pitched roof, Large 2 bedroom 1 bath units, all units have Hardwood floors no carpet. Each unit has private back courtyard and covered parking. Within the last year re-plumbed apartments. replaced hot water heaters, newer granite counter tops in kitchen, 2 Newer evaporator coolers, New central heaters. Apartment, A, replaced windows with double pane windows. All have small enclosed back patios, front unit has fireplace and good size yard. All units have washer and dryer hook ups. Current rents are 2 at $695 and other at $720. Great cash flow. Live in one rent the others to pay your mortgage. Good opportunity for Owner/Investor. Seller willing to trade equity for down payment on single family home. Please do not disturb tenants.

Last Agent to Sell the Property

Isidor Gallegos

Realty One of New Mexico License #31572 Listed on: 08/16/2019

Realty One of New Mexico

Last Buyer's Agent

Michael Matias

Three Sons Property Mgmt. License #48522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,965

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,128 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 101805651417042406

Community Details

Overview

  • 3,128 Sq Ft Building
  • Elder Homestead Add Rep Subdivision

Building Details

  • Operating Expense $2,150
  • Gross Income $25,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From Gibson and Louisiana go 2 blocks north parking carports in rear of property.
  • Lot Size Acres: 0.17
  • Subdivision Name: Elder Homestead Add Rep
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Flooring: Carpet Free, Tile, Wood
  • Appliances: Built-In Gas Oven, Built-In Gas Range, Cooktop, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace Features: Option
  • Living Area: 3128.0
  • Stories: 1

Exterior Features

  • Exterior Features: Landscaping
  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick, Brick Veneer, Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 101805651417042406
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25320.0
  • Annual Operating Expense: 2150.0

Tax Info

  • Tax Annual Amount: 1965.02

Range of Values:

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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2020 01/24/20 Sold -- -- --
12/10/2019 12/10/19 Pending -- -- --
11/27/2019 11/27/19 Price Changed $199,500 -4.1% $64 / Sq Ft
11/06/2019 11/06/19 Price Changed $208,000 -0.5% $66 / Sq Ft
10/17/2019 10/17/19 Price Changed $209,000 -2.3% $67 / Sq Ft
10/09/2019 10/09/19 Price Changed $214,000 -2.3% $68 / Sq Ft
09/20/2019 09/20/19 Price Changed $219,000 -2.2% $70 / Sq Ft
09/14/2019 09/14/19 Price Changed $224,000 -2.2% $72 / Sq Ft
08/16/2019 08/16/19 For Sale $229,000 +63.7% $73 / Sq Ft
03/22/2018 03/22/18 Sold -- -- -- View Prior Sale
03/22/2018 03/22/18 Pending -- -- --
01/27/2017 01/27/17 For Sale $139,900 -- $45 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Isidor Gallegos

    Seller's Agent in 2020

    Isidor Gallegos

    Realty One of New Mexico

    (505) 350-1572

    1 in this area

    66 Total Sales

    Isidor Gallegos
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Matias

    Three Sons Property Mgmt.

    (505) 302-0211

    16 Total Sales

    Michael Matias
    Section Image
  • Dan Cash

    Seller's Agent in 2018

    Dan Cash

    Pinnacle Real Estate Group

    (505) 480-4532

    45 Total Sales

    Dan Cash
    Section Image
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Map

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

MLS Number: 951951

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-056-514-170-4-24-06

New Mexico Bernalillo County Albuquerque 87108 South San Pedro

925 Louisiana Blvd SE, 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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