2 months on rocket

516 Marble Ave NE, Albuquerque, NM, 87102

$320,000

0.11 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1070608
Lot Size0.11 Acres
StatusActive

About 516 Marble Ave NE

Calling all investors!! Come see this amazing opportunity in the historic Martinez Town neighborhood! MX-L zoning! 3 adjoining properties just under 1/3 of an acre! In close proximity to Old Town, Downtown, hospitals, UNM and 1-40. The possibilities are endless.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 828-1000
  • Listing Agent: Bryan I Lopez

Lot Features

Lot Information:

  • Lot: Other, See Remarks
  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: Edith/Lomas,North to Marble, West to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000

Tax Information:

  • Annual Amount: $1,106
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

516 Marble Ave NE vs Albuquerque

82 DAYS ON ROCKET

+48 Days

$320,000

-$24.7K Less

KEY TAKEAWAY

This property is $24.7K 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: #1070608

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 828-1000
  • Listing Agent: Bryan I Lopez

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, 12:20:49 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$1,106$23,069
2019$1,036$22,398
2018$1,000$21,746
2017$1,000$21,113

History based on county public records data.

Payment Calculator

$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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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-962170
3
/10
  • Longfellow Dual Language Magnet Elementary School

  • 400 Edith Blvd NE

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-962171
5
/10
  • Lew Wallace Elementary School

  • 513 6th St NW

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-962172
3
/10
  • Eugene Field Elementary School

  • 700 Edith Blvd SE

  • 1.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,434. 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

Frequently Asked Questions About 516 Marble Ave NE

What is the listing price of this property?

The listing price of 516 Marble Ave NE property is $320,000.

What type of property is this?

The property 516 Marble Ave NE is land located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Active Listing: 516 Marble Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,106 (source: MLS/based on county public records data).

How much acreage is this property?

The property 516 Marble Ave NE is 0.11 acres.
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Rocket HomesNew MexicoBernalillo CountyAlbuquerque87102516 Marble Ave NE

This home is located at 516 Marble Ave NE in Albuquerque, NM and zip code 87102 in the Santa Barbara / Martineztown neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $320,000.

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. In November 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $344,759.

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

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