Welcome to your trifecta of luxury living! With 3 units, each offering 2 beds, 1 bath, and a cozy fireplace, this property promises comfort and style. Indulge in culinary adventures in your own kitchen, entertain in your dining area, and unwind in your private backyard oasis. Enjoy the convenience of a laundry room and a one-car garage in every unit. Investors, seize the opportunity! House hackers and owner-occupants, this gem is tailor-made for you!
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 1
Living Area: 2,976 SqFt
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Belen H Leal
Interior Features
Interior Information:
Appliances: Gas Oven, Gas Range, Dryer, Dishwasher, Disposal, Range Hood, Washer
Basement: No
Flooring Type: Carpet, Laminate
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Exterior: Landscaping, Patio
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Ceiling Fan(s)
Other
Directions Information:
Directions: From San Pedro Blvd go South. Turn right onto Kathryn Ave SE. Turn Left onto Alvarado Dr SE
Price Information
Listing Price Info
Price Summary:
List Price: $444,900
Price Per SqFt: $150/SqFt
Tax Information:
Annual Amount: $2,493
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $100.8K more than the Median Sold Price and $55/SqFt less than other homes in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1063235
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Belen H Leal
The 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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,288
Per Month
Principal & Interest
$2,221
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,400
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Whittier Elementary School
1110 Quincy St SE
Distance between this listing and this school0.36 miles
Public District Grades PK-5
2
/10
Emerson Elementary School
620 Georgia St SE
Distance between this listing and this school0.67 miles
Public District Grades PK-5
1
/10
Wherry Elementary School
Bldg 25000th Kafb East
Distance between this listing and this school1.19 miles
Public District Grades PK-5
Nearby Schools
4
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school0.26 miles
Public District Grades 6-8
4
/10
Van Buren Middle School
700 Louisiana Blvd SE
Distance between this listing and this school0.83 miles
Public District Grades 6-8
3
/10
Hayes Dual Language Magnet Middle School
1100 Texas St NE
Distance between this listing and this school2.37 miles
Public District Grades 6-8
Nearby Schools
1
/10
Cesar Chavez Community School
1325 Palomas Dr SE
Distance between this listing and this school0.31 miles
Public Charter Grades 9-12
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school0.95 miles
Public District Grades 9-12
6
/10
Media Arts Collaborative Charter
4401 Central Ave NE Bldg 2
Distance between this listing and this school1.31 miles
The neighbors living near this home have an average income of $15,818. Typical income of Albuquerque, NM residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 941 Alvarado Dr SE in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This 2,976 square foot home, which was built in 1964, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $444,900.
Albuquerque, NM housing market in October 2024 saw over 94 listings sold above listed price, more than 148 sold at listed price and over 288 sold below. The number of listings in Albuquerque, NM decreased by 8.2% between September 2024 and October 2024. 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.