9 months on rocket

213 63rd St NW, Albuquerque, NM, 87105

$329,900

Home List Price

$3,918*

Closing Credit

4 Bedrooms
4 Baths
2,160 SqFt
$153/SqFt
Multi

Location

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213 63rd St NW, Albuquerque$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1984
HeatingCentral, Forced Air
CoolingEvaporative Cooling, Ceiling Fan(s)
MLS #1056742
Lot Size0.16 Acres
StatusActive

About 213 63rd St NW

Introducing the Four-plex at 213 63rd St. These are 4 one bath one-bedroom units located close to shopping, restaurants, and freeway access, I40. The units have an open floor plan, renovated kitchens and bathrooms, in the recent past. Great starter property, the CAP rate based on current rents of $750 per unit is 5.46, market rents, or FMR are $1050 per unit. At $875 per unit yields a return of over a 7 CAP, without pushing rents to their maximum. And this leaves room to grow to a 9 CAP. This property is priced at $137.50 per sq ft, $82,475 per unit. Well below market, with construction costs running at $200 to $250 per ft, and units selling at $100,000 to $150,000 per door. This is a bargain, seller is leaving the state, and wants this sold.

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Stories: 1
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: T & C Management, LLC
  • Office Phone: (505) 268-1181
  • Listing Agent: Charles V Sheldon

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Range Hood, Self Cleaning Oven
  • Basement: No
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Evaporative Cooling, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Central west to 63rd St, right on 63rd to 213

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $1,960
  • 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

213 63rd St NW vs Albuquerque

288 DAYS ON ROCKET

+255 Days

$329,900

-$14.1K Less

$153/SqFt

-$52 Less

KEY TAKEAWAY

This property is $14.1K less than the Median Sold Price and $52/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: #1056742

Listing Office:

  • Office Name: T & C Management, LLC
  • Office Phone: (505) 268-1181
  • Listing Agent: Charles V Sheldon

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, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 2004Home Sold
$114,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,960$45,685
2019$1,834$44,354
2018$1,850$43,062
2017$1,850$43,495

History based on county public records data.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-353241
3
/10

  • Lavaland Elementary School

  • 501 57th St NW

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-353242
3
/10

  • Alamosa Elementary School

  • 6500 Sunset Gardens Rd SW

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-353243
2
/10

  • Valle Vista Elementary School

  • 1700 Mae Ave SW

  • 1.50 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 $32,283. Typical income of Albuquerque, NM residents is 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

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87105›213 63rd St NW

This home is located at 213 63rd St NW in Albuquerque, NM and zip code 87105 in the West Mesa neighborhood. This 2,160 square foot home, which was built in 1984, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $329,900.

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. 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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