1 month on rocket

12715 Dunes Rd SE, Albuquerque, NM, 87123

$428,763

Home List Price

$5,092*

Closing Credit

2 Bedrooms
1 Bath
3,928 SqFt
$109/SqFt
Multi

Location

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12715 Dunes Rd SE, Albuquerque$428,763

Buyer Closing Credits

$5,092*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1980
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #1071142
Lot Size0.22 Acres
StatusActive

About 12715 Dunes Rd SE

Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 3,928 SqFt

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Central and Dorado, south to Dorado Place, west to Dunes Road, west to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $428,763
  • Price Per SqFt: $109/SqFt

Tax Information:

  • Annual Amount: $2,181
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

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Albuquerque, NM

City

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

12715 Dunes Rd SE vs Albuquerque

51 DAYS ON ROCKET

+18 Days

$428,763

+$84.7K More

$109/SqFt

-$96 Less

KEY TAKEAWAY

This property is $84.7K more than the Median Sold Price and $96/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1071142

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,181$50,847
2019$2,041$49,366
2018$1,987$47,928
2017$1,987$46,728

History based on county public records data.

Payment Calculator

$2,207

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,352

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-308525
3
/10

  • Apache Elementary School

  • 12800 Copper Ave NE

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-308526
5
/10

  • Manzano Mesa Elementary School

  • 801 Elizabeth St SE

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-308527
4
/10

  • Tomasita Elementary School

  • 701 Tomasita St NE

  • 1.51 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,339. The majority of Albuquerque, NM residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87123›12715 Dunes Rd SE

This home is located at 12715 Dunes Rd SE in Albuquerque, NM and zip code 87123 in the Southeast Albuquerque neighborhood. This 3,928 square foot home, which was built in 1980, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $428,763.

Albuquerque, NM housing market in October 2024 saw over 94 listings sold above listed price, more than 148 sold at listed price and over 288 sold below. Between September 2024 and October 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.2%. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $344,019.

From Rocket Homes Real Estate and based on county public records data.

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