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1512 3rd St NW, Albuquerque, NM, 87102

$450,000

Home List Price

$5,344*

Closing Credit

1 Bedroom
1 Bath
House

Location

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1512 3rd St NW, Albuquerque$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1920
HeatingWall Furnace
CoolingEvaporative Cooling, Window Unit(s)
MLS #1069191
Lot Size0.21 Acres
StatusActive

About 1512 3rd St NW

A unique opportunity to own two meticulously maintained homes on a single lot in a highly convenient location in Albuquerque. This property offers both charm and functionality, featuring two well-kept residences.The expansive lot provides ample room for storage and parking behind the homes, making it ideal for various uses. Whether you're an investor seeking rental income or someone with a vision for future development, this property offers versatile possibilities.Currently, both homes are occupied with tenants on a month-to-month basis, providing immediate rental income while you plan your next move.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1

Listing Office:

  • Office Name: R1 Commercial
  • Office Phone: (505) 883-9400
  • Listing Agent: Trey W. Whaley

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Tile, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling, Window Unit(s)

Other

Directions Information:

  • Directions: 3rd st between I-40 and Lomas in the east side of 3rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $1,570
  • 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

1512 3rd St NW vs Albuquerque

53 DAYS ON ROCKET

+20 Days

$450,000

+$105.9K More

KEY TAKEAWAY

This property is $105.9K more than the Median Sold Price in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1069191

Listing Office:

  • Office Name: R1 Commercial
  • Office Phone: (505) 883-9400
  • Listing Agent: Trey W. Whaley

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: 11/23/2024, 6:20:47 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$1,570$34,731
2019$1,465$33,720
2018$1,410$32,738
2017$1,410$31,785

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-947600
5
/10

  • Lew Wallace Elementary School

  • 513 6th St NW

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-947601
3
/10

  • Longfellow Dual Language Magnet Elementary School

  • 400 Edith Blvd NE

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-947602
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 1.45 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 $29,444. Residents of Albuquerque, NM typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1512 3rd St NW

What is the listing price of this property?

The listing price of 1512 3rd St NW property is $450,000.

What type of property is this?

The property 1512 3rd St NW is a house located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Active Listing: 1512 3rd 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 $1,570 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1512 3rd St NW has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 1512 3rd St NW is 1920.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87102›1512 3rd St NW

This home is located at 1512 3rd St NW in Albuquerque, NM and zip code 87102 in the Northwest Albuquerque neighborhood. This home, which was built in 1920, sits on a 0.21 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $450,000.

Over 94 listings were sold over their listed price in October 2024 in Albuquerque, NM. In the same period over 288 listings were sold below the listed price and 148 listings were sold for the listed price. The number of listings 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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