7 months on rocket

Lorman Rd SE, Albuquerque, NM, 87123

$399,000

3.96 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1055398
Lot Size3.96 Acres
StatusActive

About Lorman Rd SE

Incredible view lot opportunity! Enjoy 3.96 Acres with incredible 360 degree views. Quick access to ABQ, Canyon Country club and so much more.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 898-2700
  • Listing Agent: Ainsley Denniston Sauder

Lot Features

Lot Information:

  • Lot: Views, Sloped
  • Lot Size: 3.96 Acres

Other

Directions Information:

  • Directions: From Tramway and I-40, head South on Tramway, East on Central, South on Four Hills Rd, East on Warm Sands. Follow Warm Sands to Lorman, head East on Lorman. Lot is behind the garage on the South side of Lorman.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
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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

Lorman Rd SE vs Albuquerque

229 DAYS ON ROCKET

+195 Days

$399,000

+$54.2K More

KEY TAKEAWAY

This property is $54.2K 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: #1055398

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 898-2700
  • Listing Agent: Ainsley Denniston Sauder

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: 12/18/2024, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-4453622
3
/10
  • Pajarito Elementary School

  • 2701 Don Felipe Rd SW

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-4453623
2
/10
  • Adobe Acres Elementary School

  • 1724 Camino Del Valle SW

  • 1.25 miles

  • Public District Grades PK-5

school-card-donut-4453624
3
/10
  • Barcelona Elementary School

  • 2311 Barcelona Rd SW

  • 1.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,912. Most Albuquerque, NM residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Lorman Rd SE

What is the listing price of this property?

The listing price of Lorman Rd SE property is $399,000.

What type of property is this?

The property Lorman Rd SE is land located in Albuquerque, New Mexico, 87123.

Is this property for sale now?

Active Listing: Lorman Rd SE is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Lorman Rd SE is 3.96 acres.
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Rocket HomesNew MexicoBernalillo CountyAlbuquerque87123Lorman Rd SE

This home is located at Lorman Rd SE in Albuquerque, NM and zip code 87123 in the Southwest Albuquerque neighborhood. This home sits on a 3.96 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $399,000.

While more than 86 listings in Albuquerque, NM in November 2024 were sold above asking price, there were more than 127 listings sold at asking price, and more than 225 were sold below. Between October 2024 and November 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 14.7%. 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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