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501 Kentucky St SE, Albuquerque, NM, 87108

$319,000

Home List Price

$3,788*

Closing Credit

1 Bedroom
1 Bath
Multi

Location

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501 Kentucky St SE, Albuquerque$319,000

Buyer Closing Credits

$3,788*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1961
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1073419
Lot Size0.18 Acres
StatusActive

About 501 Kentucky St SE

Cash Flowing property with a potential for Value Add. Leases in place for all units. Private Courtyards for each unit. Contact listing broker or your broker for details. Please do not enter property or disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1

Listing Office:

  • Office Name: Berkshire Hathaway NM Prop
  • Office Phone: (505) 798-6300
  • Listing Agent: Thomas Gallegos

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Patio

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Louisiana and Zuni, West to Kentucky, Right on Kentucky to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $319,000

Tax Information:

  • Annual Amount: $2,057
  • 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

501 Kentucky St SE vs Albuquerque

32 DAYS ON ROCKET

-2 Days

$319,000

-$25.7K Less

KEY TAKEAWAY

This property is $25.7K less than the Median Sold Price in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1073419

Listing Office:

  • Office Name: Berkshire Hathaway NM Prop
  • Office Phone: (505) 798-6300
  • Listing Agent: Thomas Gallegos

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: 12/22/2024, 7:20:50 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$2,057$47,962
2019$1,658$40,098
2018$1,610$38,930
2017$1,610$37,863

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,023

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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-909038
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-909039
3
/10

  • La Mesa Elementary School

  • 7500 Copper Ave NE

  • 0.74 miles

  • Public District Grades PK-5

school-card-donut-909040
1
/10

  • Wherry Elementary School

  • Bldg 25000th Kafb East

  • 1.01 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 $28,208. Typical income of Albuquerque, NM residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›501 Kentucky St SE

This home is located at 501 Kentucky St SE in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This home, which was built in 1961, sits on a 0.18 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $319,000.

In November 2024, from all listings sold in Albuquerque, NM there were more than 86 sold above asking price, over 225 sold below and more than 127 were sold right at the asked price. The number of homes for sale in Albuquerque, NM decreased by 14.7% between October 2024 and November 2024. In November 2024 median list price was $344,759 and the average listing age was 34 days.

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

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