3 months on rocket

301 Graceland Dr SE, Albuquerque, NM, 87108

$599,900

Home List Price

$7,124*

Closing Credit

1 Bedroom
1 Bath
3,288 SqFt
$182/SqFt
Multi

Location

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301 Graceland Dr SE, Albuquerque$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1962
HeatingCentral, Forced Air
CoolingCentral Air
MLS #1065999
Lot Size0.19 Acres
StatusActive

About 301 Graceland Dr SE

6% REC or cash only!!! Nob Hill Value Add Opportunity! 5 unit multi family. Currently has three units that have been completely remodeled including: bathrooms, plumbing, refrigerated air, full kitchens, carpet, washer/dryer hookups etc. and need nothing. (1) one bed room and two (2) two bedrooms. All finished units are occupied and have leases in place. Units 4 and 5 are fully gutted and ready for your contractor to finish. SOLD ''as is'' Please do not disturb tenants. Management company will transfer all leases to new buyer. REC wrap welcome with 150K down, 6% APR, 7 year ballon!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 3,288 SqFt

Listing Office:

  • Office Name: Helix Real Estate Group
  • Office Phone: (505) 401-5424
  • Listing Agent: David Liotta

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Concrete
  • Interior: Skylights

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Highland High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Wilson Middle School, Public District Grades 6-8
  • Bandelier Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Central and Washington go south on Washington past Silver to Mesa Grande then west to Graceland. Property is on the NE corner of Mesa Grande and Graceland.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $2,482
  • 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

$339.8K

Med. Price/SqFt

$204

Avg. Days On Market

26

# of Sold Homes

469

301 Graceland Dr SE vs Albuquerque

110 DAYS ON ROCKET

+84 Days

$599,900

+$260K More

$182/SqFt

-$22 Less

KEY TAKEAWAY

This property is $260K more than the Median Sold Price and $22/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: #1065999

Listing Office:

  • Office Name: Helix Real Estate Group
  • Office Phone: (505) 401-5424
  • Listing Agent: David Liotta

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: 10/18/2024, 4:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2004Home Sold
$161,918

Tax History

YEARPROP. TAXASSESSMENT
2020$2,482$51,728
2019$2,482$51,728
2018$2,482$51,728
2017$2,482$51,728

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Elementary School

school-card-donut-630914
6
/10

  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-630915
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 3.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-630916
4
/10

  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 1.46 miles

  • Public District Grades 6-8

High School

school-card-donut-630917
3
/10

  • Highland High School

  • 4700 Coal Ave SE

  • 0.37 miles

  • Public District Grades 9-12

school-card-donut-630918
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 3.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,179. The majority of Albuquerque, NM residents have income less than $35k annually. Residents typically live in single, no kids family. 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›87108›301 Graceland Dr SE

This home is located at 301 Graceland Dr SE in Albuquerque, NM and zip code 87108 in the Southeast Heights neighborhood. This 3,288 square foot home, which was built in 1962, sits on a 0.19 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 29, 2024 and is currently priced at $599,900.

Over 114 listings were sold over their listed price in September 2024 in Albuquerque, NM. In the same period over 224 listings were sold below the listed price and 131 listings were sold for the listed price. In September 2024 in Albuquerque, NM there were 10.9% less homes for sale than in August 2024. While the average time on the market in September 2024 was 26 days, the median list price was $339,871.

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

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