This property is $332.8K more than the Median Sold Price and $75/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: #1074870
Listing Office:
Office Name: Sperry Van Ness/WACB, Inc.
Office Phone: (505) 256-7573
Listing Agent: Timothy R Luten
The 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,450
Per Month
Principal & Interest
$3,383
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,098
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Emerson Elementary School
620 Georgia St SE
Distance between this listing and this school0.55 miles
Public District Grades PK-5
3
/10
La Mesa Elementary School
7500 Copper Ave NE
Distance between this listing and this school0.59 miles
Public District Grades PK-5
4
/10
Sandia Base Elementary School
21001 Wyoming SE Kafb East
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
4
/10
Van Buren Middle School
700 Louisiana Blvd SE
Distance between this listing and this school0.45 miles
Public District Grades 6-8
4
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school1.14 miles
Public District Grades 6-8
3
/10
Hayes Dual Language Magnet Middle School
1100 Texas St NE
Distance between this listing and this school1.37 miles
Public District Grades 6-8
Nearby Schools
1
/10
Cesar Chavez Community School
1325 Palomas Dr SE
Distance between this listing and this school1.44 miles
Public Charter Grades 9-12
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school1.71 miles
Public District Grades 9-12
6
/10
Media Arts Collaborative Charter
4401 Central Ave NE Bldg 2
Distance between this listing and this school1.92 miles
The neighbors living near this home have an average income of $14,588. Residents of Albuquerque, NM typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 345 Grove St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This 5,225 square foot home, which was built in 1956, sits on a 0.31 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $677,639.
In November 2024 more than 86 listings in Albuquerque, NM were sold above the asking price. During the same period more than 127 listings were sold at asking price, while more than 225 were 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.