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507 Jefferson St NE, Albuquerque, NM, 87108

$450,000

Home List Price

$5,344*

Closing Credit

1 Bedroom
1 Bath
Multi

Location

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507 Jefferson St NE, Albuquerque$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1946
HeatingFloor Furnace
CoolingEvaporative Cooling
MLS #1074091
Lot Size0.16 Acres
StatusActive

About 507 Jefferson St NE

Time is of the Essence. Great investment opportunity in the sought-after UNM/Nob Hill area! Each unit in this 4-plex is approximately 500 square feet, with its own single-car garage. A prime location with excellent rental potential--perfect for savvy investors! Water heaters replaced 2021, Roof new in 2018, Coolers about 4 years new. Fully rented. Shown with accepted offer. DO NOT ENTER PROPERTY OR DISTURB TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1946

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Peace of the Planet Properties

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl, Wood

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: Floor Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From Lomas go South on Jefferson to destination.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000

Tax Information:

  • Annual Amount: $2,592
  • 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

507 Jefferson St NE vs Albuquerque

1 DAY ON ROCKET

-32 Days

$450,000

+$105.9K More

KEY TAKEAWAY

This property is $105.9K more 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: #1074091

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Peace of the Planet Properties

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: 11/17/2024, 10:20:47 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$2,592$60,429
2019$2,426$58,670
2018$2,450$56,961
2017$2,450$57,600

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-588255
6
/10

  • Zia Elementary School

  • 440 Jefferson St NE

  • 0.06 miles

  • Public District Grades KG-5

school-card-donut-588256
6
/10

  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-588257
4
/10

  • Mark Twain Elementary School

  • 6316 Constitution Ave NE

  • 1.24 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 $40,347. The majority of Albuquerque, NM residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›507 Jefferson St NE

This home is located at 507 Jefferson St NE in Albuquerque, NM and zip code 87108 in the Highland Business neighborhood. This home, which was built in 1946, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $450,000.

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%. Listings spent 33 days on the market in October 2024, and had a median list price of $344,019 during the same period.

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

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