8 months on rocket

1516 Summer Ave NW, Albuquerque, NM, 87104

$749,000

Home List Price

$8,894*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,380 SqFt
$315/SqFt
House

Location

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1516 Summer Ave NW, Albuquerque$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage, Oversized
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingDuctless, Multi Unit(s)
CoolingDuctless, Central Air
FireplaceWood Burning
MLS #1058231
Lot Size0.11 Acres
StatusActive

About 1516 Summer Ave NW

Dynamic architecture defines this incredible custom home by Paschich Design Group. The home is all-electric, built ready for the future and in support of the green energy grid. This one of a kind location offers a rare combination of privacy and walkability with direct access to Old Town, the Museums, Tiguex Park and the Sawmill District. The floor plan offers flexibility with a main floor primary suite, 2 bedrooms upstairs with a loft and a great view deck. Signature details include scored concrete floors, a statement floating steel staircase, architectural steel beams and multi colored stucco accents. Built to the LEED Platinum standard in the quality synonymous with PDG. Quality finishes include thermofoil cabinetry, Bosch appliances, and quartz countertops.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,380 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 319-1604
  • Listing Agent: Dominic Serna

Interior Features

Interior Information:

  • Appliances: Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Concrete, Vinyl
  • Interior: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Great Room, Home Office, Jack and Jill Bath, Kitchen Island, Loft, Living/Dining Room, Main Level Primary, Pantry, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Finished Garage, Garage, Oversized

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Multi Unit(s)
  • Cooling: Ductless, Central Air

Other

Directions Information:

  • Directions: From Mountain and 15th St, Hear North on 15th St, Turn Left on Summer to the home on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $315/SqFt

Tax Information:

  • Annual Amount: $14,423
  • 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

1516 Summer Ave NW vs Albuquerque

257 DAYS ON ROCKET

+224 Days

$749,000

+$404.9K More

$315/SqFt

+$110 More

KEY TAKEAWAY

This property is $404.9K more than the Median Sold Price and $110/SqFt more than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1058231

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 319-1604
  • Listing Agent: Dominic Serna

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, 8:20:47 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$14,423$31,495
2019$1,319$30,578
2018$1,270$29,687
2017$1,270$28,823

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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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-759560
5
/10

  • Lew Wallace Elementary School

  • 513 6th St NW

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-759561
2
/10

  • Reginald Chavez Elementary School

  • 2700 Mountain Rd NW

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-759562
3
/10

  • Duranes Elementary School

  • 2436 Zickert Rd NW

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,758. Most Albuquerque, NM residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Summer Ave NW

What is the listing price of this property?

The listing price of 1516 Summer Ave NW property is $749,000.

What type of property is this?

The property 1516 Summer Ave NW is a house located in Albuquerque, New Mexico, 87104.

Is this property for sale now?

Active Listing: 1516 Summer Ave 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 $14,423 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1516 Summer Ave NW has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 Summer Ave NW is 2,380 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Summer Ave NW is 2024.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87104›1516 Summer Ave NW

This home is located at 1516 Summer Ave NW in Albuquerque, NM and zip code 87104 in the Northwest Albuquerque neighborhood. This 2,380 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $749,000.

In October 2024, from all listings sold in Albuquerque, NM there were more than 94 sold above asking price, over 288 sold below and more than 148 were sold right at the asked price. The number of listings in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. Listings spent 33 days on the market in October 2024, and had a median list price of $344,019 during the same period.

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

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