3 months on rocket

412 Tennessee St NE, Albuquerque, NM, 87108

$300,000

Home List Price

$3,563*

Closing Credit

1 Bedroom
1 Bath
1,367 SqFt
$219/SqFt
Multi

Location

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412 Tennessee St NE, Albuquerque$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1958
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1067288
Lot Size0.16 Acres
StatusActive

About 412 Tennessee St NE

Tired of the corporate grind? Are you ready to take control of your financial future?Introducing: A prime real estate investment opportunity! This three-unit triplex offers a stable income stream and the potential for significant returns.Key features:* Three rentable one-bedroom units* Modern amenities and comfortable living spaces* Insulated storage unit* Secured gated property* Ample parking for your future tenants* Estimated 9% Cap Rate for a lucrative investment* Washer/Dryer hookupsDon't miss out on this chance to become your own boss. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,367 SqFt

Listing Office:

  • Office Name: Realty One Group Concierge
  • Office Phone: (505) 318-1111
  • Listing Agent: Valentino Realty Group

Interior Features

Interior Information:

  • Appliances: Cooktop, Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: I-40 E to Wyoming Blvd NE to Tennessee St NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $1,169
  • 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

412 Tennessee St NE vs Albuquerque

118 DAYS ON ROCKET

+85 Days

$300,000

-$44K Less

$219/SqFt

+$14 More

KEY TAKEAWAY

This property is $44K less than the Median Sold Price and $14/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: #1067288

Listing Office:

  • Office Name: Realty One Group Concierge
  • Office Phone: (505) 318-1111
  • Listing Agent: Valentino Realty Group

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, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 17, 2003Home Sold
$84,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,169$29,247
2019$1,089$28,396
2018$1,053$27,570
2017$1,053$26,767

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-641243
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-641244
4
/10

  • Hawthorne Elementary School

  • 420 General Somervell St NE

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-641245
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 1.21 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 $27,588. Most Albuquerque, NM residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›412 Tennessee St NE

This home is located at 412 Tennessee St NE in Albuquerque, NM and zip code 87108 in the La Mesa neighborhood. This 1,367 square foot home, which was built in 1958, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $300,000.

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. Between September 2024 and October 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.2%. The median list price of listings available in October 2024 was $344,019, while the average time on the real estate market was 33 days.

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

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