22 days on rocket

1401 5th St NW, Albuquerque, NM, 87102

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
1 Full Bath
2,999 SqFt
$200/SqFt
House

Location

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1401 5th St NW, Albuquerque$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1906
HeatingOther, Ductless
CoolingDuctless, Central Air
BasementYes
MLS #1073087
Lot Size0.15 Acres
StatusActive

About 1401 5th St NW

Step into the charm of this early 1900s farmhouse on a large corner lot in Albuquerque's vibrant Wells Park neighborhood. Featuring historic double-hung windows, exposed brick, and cedar-shingled gables, this property blends timeless elegance with all-new systems--roof, HVAC, electrical, plumbing--plus modern finishes throughout. Currently configured with three rental-ready units (21 bed/1 bath upstairs, 1 bed/1 bath on the main level, 1 bed/1 bath on the basement level)), this MX-T zoned live/work space includes an office area and renovated basement, ideal for small businesses. Fully furnished apartments have provided consistent income for 4 years, and ample gated parking offers RV accessibility. This walkable location even includes an adjacent vacant lot available for sale, giving

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Stories: 2
  • Living Area: 2,999 SqFt

Listing Office:

  • Office Name: Equity New Mexico
  • Office Phone: (505) 271-2228
  • Listing Agent: Trung D Doan

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dryer, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Multiple Living Areas, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Yard

Virtual/3D Tour

  • 3D Tour: 1401 5th St NW
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Lot Features

Lot Information:

  • Lot: Corner Lot, Views
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Other, Ductless
  • Cooling: Ductless, Central Air

Other

Directions Information:

  • Directions: Take the 6th St exit from I-40, Go South on 6th St. Turn East on Kinley. Property is on corner of Kinley and 5th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $200/SqFt

Tax Information:

  • Annual Amount: $4,316
  • 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

1401 5th St NW vs Albuquerque

22 DAYS ON ROCKET

-11 Days

$599,000

+$254.9K More

$200/SqFt

-$5 Less

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price and $5/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: #1073087

Listing Office:

  • Office Name: Equity New Mexico
  • Office Phone: (505) 271-2228
  • Listing Agent: Trung D Doan

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: 11/18/2024, 6:20:47 AM 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$4,316$89,991
2019$2,244$48,509
2018$2,165$47,097
2017$2,165$45,725

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-733520
5
/10

  • Lew Wallace Elementary School

  • 513 6th St NW

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-733521
3
/10

  • Longfellow Dual Language Magnet Elementary School

  • 400 Edith Blvd NE

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-733522
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 1.33 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 $23,125. The majority of Albuquerque, NM residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1401 5th St NW

What is the listing price of this property?

The listing price of 1401 5th St NW property is $599,000.

What type of property is this?

The property 1401 5th St NW is a house located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Active Listing: 1401 5th St NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,316 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1401 5th St NW has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1401 5th St NW is 2,999 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1401 5th St NW is 1906.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87102›1401 5th St NW

This home is located at 1401 5th St NW in Albuquerque, NM and zip code 87102 in the Northwest Albuquerque neighborhood. This 2,999 square foot home, which was built in 1906, sits on a 0.15 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $599,000.

In October 2024 more than 94 listings in Albuquerque, NM were sold above the asking price. During the same period more than 148 listings were sold at asking price, while more than 288 were sold below. The number of homes for sale in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $344,019, while the average time on the real estate market was 33 days.

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

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