3 months on rocket

516 Ash St SE, Albuquerque, NM, 87106

$425,000

Home List Price

$5,047*

Closing Credit

2 Bedrooms
1 Bath
1,878 SqFt
$226/SqFt
Multi

Location

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516 Ash St SE, Albuquerque$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1935
HeatingFloor Furnace, Wall Furnace
CoolingEvaporative Cooling
MLS #1070716
Lot Size0.22 Acres
StatusActive

About 516 Ash St SE

Great Investment Property Location- just a couple blocks from CNM. There are two 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. The electric has been updated, and units are metered separately. The bathroom in unit 514 has been updated with new flooring, sink, toilet, and shower surround.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,878 SqFt

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Kathleen Atkin

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: From University, go west on Lead to Ash, South to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $226/SqFt

Tax Information:

  • Annual Amount: $2,254
  • 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

516 Ash St SE vs Albuquerque

90 DAYS ON ROCKET

+56 Days

$425,000

+$80.2K More

$226/SqFt

+$21 More

KEY TAKEAWAY

This property is $80.2K more than the Median Sold Price and $21/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: #1070716

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 883-9400
  • Listing Agent: Kathleen Atkin

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, 5:20:49 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$2,254$52,557
2019$2,110$51,026
2018$2,045$49,540
2017$2,045$48,098

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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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-1024752
3
/10

  • Eugene Field Elementary School

  • 700 Edith Blvd SE

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-1024753
6
/10

  • William W & Josephine Dorn Charter Community School

  • 1119 Edith Blvd SE

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-1024754
3
/10

  • Longfellow Dual Language Magnet Elementary School

  • 400 Edith Blvd NE

  • 0.91 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,339. Residents of Albuquerque, NM typically earn less than $35k each year. Typical family type 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›87106›516 Ash St SE

This home is located at 516 Ash St SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 1,878 square foot home, which was built in 1935, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $425,000.

Over 86 listings were sold over their listed price in November 2024 in Albuquerque, NM. In the same period over 225 listings were sold below the listed price and 127 listings were sold for the listed price. In November 2024 in Albuquerque, NM there were 14.7% less homes for sale than in October 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.

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