2 months on rocket

502 57th St NW, Albuquerque, NM, 87105

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Full Bath
1,924 SqFt
$221/SqFt
House

Location

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502 57th St NW, Albuquerque$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1946
HeatingFloor Furnace
MLS #1069499
Lot Size0.16 Acres
StatusActive

About 502 57th St NW

Welcome to this charming property featuring two completely renovated homes on one expansive lot. The front house exudes timeless elegance with its Victorian style architecture, showcasing intricate details and character. Both homes have been thoughtfully updated to offer modern amenities while maintaining their original charm. Whether you choose to live in one and rent out the other, accommodate multi-generational living, or simply enjoy the extra space for guests or a home office, this property provides endless possibilities. Don't miss the opportunity to own this unique and beautifully restored dual-home property.

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Stories: 1
  • Living Area: 1,924 SqFt

Listing Office:

  • Office Name: R1 Property Management, LLC
  • Office Phone: (505) 883-9400
  • Listing Agent: Kimberly Trujillo

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood
  • Interior: Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Entrance

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace

School Info

Assigned Schools Information:

  • West Mesa High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • John Adams Middle School, Public District Grades 6-8
  • Lavaland Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 South On Coors, East On Fortuna, South On 57th To Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $1,496
  • 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

502 57th St NW vs Albuquerque

65 DAYS ON ROCKET

+39 Days

$425,000

+$85.1K More

$221/SqFt

+$17 More

KEY TAKEAWAY

This property is $85.1K more than the Median Sold Price and $17/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: #1069499

Listing Office:

  • Office Name: R1 Property Management, LLC
  • Office Phone: (505) 883-9400
  • Listing Agent: Kimberly Trujillo

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: 11/1/2024, 4:20:48 PM 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$1,496$34,869
2019$1,400$33,854
2018$1,357$32,868
2017$1,357$31,911

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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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-1187616
3
/10

  • Lavaland Elementary School

  • 501 75th St Nw

  • 0.06 miles

  • Public District Grades PK-5

school-card-donut-1187617
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 2.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1187618
5
/10

  • John Adams Middle School

  • 5401 Glenrio Rd NW

  • 0.51 miles

  • Public District Grades 6-8

High School

school-card-donut-1187619
3
/10

  • West Mesa High School

  • 6701 Fortuna Rd NW

  • 0.76 miles

  • Public District Grades 9-12

school-card-donut-1187620
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 7.35 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 $26,667. Typical income of Albuquerque, NM residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 57th St NW

What is the listing price of this property?

The listing price of 502 57th St NW property is $425,000.

What type of property is this?

The property 502 57th St NW is a house located in Albuquerque, New Mexico, 87105.

Is this property for sale now?

Active Listing: 502 57th St NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 502 57th St NW are:
Lavaland Elementary School: GreatSchools Rating 3/10
Coronado Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 5/10
West Mesa High School: GreatSchools Rating 3/10
Nex Gen Academy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,496 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 57th St NW has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 57th St NW is 1,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 57th St NW is 1946.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87105›502 57th St NW

This home is located at 502 57th St NW in Albuquerque, NM and zip code 87105 in the West Mesa neighborhood. This 1,924 square foot home, which was built in 1946, sits on a 0.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $425,000.

In September 2024 more than 114 listings in Albuquerque, NM were sold above the asking price. During the same period more than 131 listings were sold at asking price, while more than 224 were sold below. The number of listings in Albuquerque, NM decreased by 10.9% between August 2024 and September 2024. In September 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $339,871.

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

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