Welcome to your next adventure! This spacious 4-bedroom, 2-bathroom home in the Northeast Heights is brimming with potential and just waiting for the right owner to bring it back to life. Whether you're an ambitious DIY enthusiast or a savvy investor, this property offers a fantastic opportunity to create a dream home or a profitable investment.Imagine the possibilities: a spacious layout, ample bedrooms, and bathrooms ready to be customized to your taste. The Northeast Heights location means you're close to schools, parks, shopping, and dining, making it a perfect spot. Don't miss out on this unique opportunity to transform a fixer-upper into a masterpiece. Roll up your sleeves, grab your toolkit, and let your imagination run wild!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1957
Stories: 1
Living Area: 1,703 SqFt
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Tracy L Morelock
Interior Features
Interior Information:
Appliances: Electric Range
Basement: No
Flooring Type: Vinyl
Interior: Main Level Primary
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Fence
Parking Information:
Garage Space: 1 space
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Multi Unit(s), Wall Furnace
Cooling: Evaporative Cooling
School Info
Assigned Schools Information:
Manzano High School, Public District Grades 9-12
Nex Gen Academy, Public District Grades 9-12
Kennedy Middle School, Public District Grades 6-8
Mc Collum Elementary School, Public District Grades PK-5
Coronado Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From Juan Tabo and Lomas, head North on Juan Tabo to Summer Ave then west on Summer Ave to home.
Price Information
Listing Price Info
Price Summary:
List Price: $249,900
Price Per SqFt: $147/SqFt
Tax Information:
Annual Amount: $2,067
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 $89.6K less 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: #1063436
Listing Office:
Office Name: Realty One of New Mexico
Office Phone: (505) 883-9400
Listing Agent: Tracy L Morelock
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.
$1,315
Per Month
Principal & Interest
$1,248
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
$816
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.
Elementary School
4
/10
Mc Collum Elementary School
10900 San Jacinto Ave NE
Distance between this listing and this school0.61 miles
Public District Grades PK-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school7.72 miles
Public District Grades KG-5
Middle School
3
/10
Kennedy Middle School
721 Tomasita St NE
Distance between this listing and this school0.74 miles
Public District Grades 6-8
High School
4
/10
Manzano High School
12200 Lomas Blvd NE
Distance between this listing and this school0.65 miles
Public District Grades 9-12
6
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.64 miles
Public District Grades 9-12
Assigned Schools
4
/10
Mc Collum Elementary School
10900 San Jacinto Ave NE
Distance between this listing and this school0.61 miles
Public District Grades PK-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school7.72 miles
Public District Grades KG-5
Nearby Schools
3
/10
Chelwood Elementary School
12701 Constitution Ave NE
Distance between this listing and this school0.75 miles
Public District Grades KG-5
Assigned Schools
3
/10
Kennedy Middle School
721 Tomasita St NE
Distance between this listing and this school0.74 miles
Public District Grades 6-8
Nearby Schools
4
/10
Jackson Middle School
10600 Indian School Rd NE
Distance between this listing and this school0.76 miles
Public District Grades 6-8
4
/10
Grant Middle School
1111 Easterday Dr NE
Distance between this listing and this school1.37 miles
Public District Grades 6-8
Assigned Schools
4
/10
Manzano High School
12200 Lomas Blvd NE
Distance between this listing and this school0.65 miles
Public District Grades 9-12
6
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.64 miles
Public District Grades 9-12
Nearby Schools
5
/10
Gilbert L Sena Charter High School
69 Hotel Cir NE
Distance between this listing and this school0.78 miles
The neighbors living near this home have an average income of $37,813. Residents of Albuquerque, NM typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11701 Summer Ave NE
What is the listing price of this property?
The listing price of 11701 Summer Ave NE property is $249,900.
What type of property is this?
The property 11701 Summer Ave NE is a house located in Albuquerque, New Mexico, 87112.
Is this property for sale now?
Active Listing: 11701 Summer Ave NE is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 11701 Summer Ave NE are: Mc Collum Elementary School: GreatSchools Rating 4/10Coronado Elementary School: GreatSchools Rating 6/10Kennedy Middle School: GreatSchools Rating 3/10Manzano High School: GreatSchools Rating 4/10Nex Gen Academy: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,067 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 11701 Summer Ave NE has 4 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 11701 Summer Ave NE is 1,703 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 11701 Summer Ave NE is 1957.
This home is located at 11701 Summer Ave NE in Albuquerque, NM and zip code 87112 in the Princess Jeanne neighborhood. This 1,703 square foot home, which was built in 1957, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $249,900.
In May 2024 more than 201 listings in Albuquerque, NM were sold above the asking price. During the same period more than 164 listings were sold at asking price, while more than 257 were sold below. The number of homes for sale in Albuquerque, NM decreased by 8.5% between April 2024 and May 2024. Listings spent 25 days on the market in May 2024, and had a median list price of $339,511 during the same period.
From Rocket Homes Real Estate and based on county public records data.