6 months on rocket

1920 Lead Ave SE, Albuquerque, NM, 87106

$599,237

Home List Price

$7,116*

Closing Credit

1 Bedroom
1 Bath
2,050 SqFt
$292/SqFt
Multi

Location

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1920 Lead Ave SE, Albuquerque$599,237

Buyer Closing Credits

$7,116*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1935
HeatingCentral, Forced Air, Wall Furnace
CoolingEvaporative Cooling
BasementYes
MLS #1065373
Lot Size0.21 Acres
StatusActive

About 1920 Lead Ave SE

Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and upgraded, quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find awesome value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and lots of potential for additional units. Detached garage is separately metered for electric and could be converted into another unit or generate more income renting to a resident (owners currently retain the garage

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 2,050 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: Yes
  • Flooring Type: Tile, Vinyl, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-25 and Coal east to Yale, north to Lead, west to property. note 2 entrances - one on Lead, one on alley

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,237
  • Price Per SqFt: $292/SqFt

Tax Information:

  • Annual Amount: $3,367
  • 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

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

1920 Lead Ave SE vs Albuquerque

181 DAYS ON ROCKET

+147 Days

$599,237

+$254.4K More

$292/SqFt

+$87 More

KEY TAKEAWAY

This property is $254.4K more than the Median Sold Price and $87/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: #1065373

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: 12/18/2024, 9:20:49 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$3,367$78,492
2019$3,080$78,492
2018$2,983$74,313
2017$2,983$72,149

History based on county public records data.

Payment Calculator

$3,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,863

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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-4483710
6
/10

  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-4483711
3
/10

  • Eugene Field Elementary School

  • 700 Edith Blvd SE

  • 0.98 miles

  • Public District Grades PK-5

school-card-donut-4483712
3
/10

  • Lowell Elementary School

  • 1700 Sunshine Ter SE

  • 1.04 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 $22,339. The majority of Albuquerque, NM residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›1920 Lead Ave SE

This home is located at 1920 Lead Ave SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 2,050 square foot home, which was built in 1935, sits on a 0.21 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 19, 2024 and is currently priced at $599,237.

Albuquerque, NM housing market in November 2024 saw over 86 listings sold above listed price, more than 127 sold at listed price and over 225 sold below. The number of homes for sale in Albuquerque, NM decreased by 14.7% between October 2024 and November 2024. Listings spent 34 days on the market in November 2024, and had a median list price of $344,759 during the same period.

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

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