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1516 Summer Ave NW, Albuquerque, NM, 87104

$799,000

Home List Price

$9,488*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,380 SqFt
$336/SqFt
House
Schools Nearby

Location

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1516 Summer Ave NW, Albuquerque$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage, Oversized
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingDuctless, Multi Unit(s)
CoolingDuctless, Multi Unit(s), Central Air
FireplaceWood Burning
MLS #1058231
Lot Size0.11 Acres
StatusActive

About 1516 Summer Ave NW

Dynamic contemporary architecture defines this incredible custom home by Paschich Design Group. This one of a kind location offers a rare combination of privacy and walkability with direct access to Old Town, the Museums, Tiguex Park and the Sawmill District. Live the ultimate urban lifestyle from this great home! The floor plan offers flexibility with a main floor primary suite, 2 bedrooms upstairs with a loft and a great view deck. Signature details include scored concrete floors, a statement floating steel staircase, architectural steel beams, multi colored stucco accents, and unique architectural details. Built to the LEED Platinum standard in the quality synonymous with Paschich Design Group. Quality finishes include thermofoil cabinetry, Bosch appliances, and quartz countertops.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Custom
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,380 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Dominic Serna

Interior Features

Interior Information:

  • Appliances: Electric Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Concrete, Vinyl
  • Interior: Beamed Ceilings, Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Great Room, Home Office, Jack and Jill Bath, Kitchen Island, Loft, Living/Dining Room, Main Level Primary, Pantry, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Finished Garage, Garage, Oversized

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Multi Unit(s)
  • Cooling: Ductless, Multi Unit(s), Central Air

School Info

Assigned Schools Information:

  • Albuquerque High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Washington Middle School, Public District Grades 6-8
  • Reginald Chavez Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Mountain and 15th St, Hear North on 15th St, Turn Left on Summer to the home on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $336/SqFt

Tax Information:

  • Annual Amount: $14,423
  • 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

$335.6K

Med. Price/SqFt

$200

Avg. Days On Market

27

# of Sold Homes

479

1516 Summer Ave NW vs Albuquerque

53 DAYS ON ROCKET

+26 Days

$799,000

+$463.3K More

$336/SqFt

+$136 More

KEY TAKEAWAY

This property is $463.3K more than the Median Sold Price and $136/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: #1058231

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: Dominic Serna

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: 4/28/2024, 7:25:14 AM 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$14,423$31,495
2019$1,319$30,578
2018$1,270$29,687
2017$1,270$28,823

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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

school-card-donut-2025359
2
/10

  • Reginald Chavez Elementary School

  • 2700 Mountain Rd NW

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-2025360
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 1.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2025361
4
/10

  • Washington Middle School

  • 1101 Park Ave SW

  • 0.82 miles

  • Public District Grades 6-8

High School

school-card-donut-2025362
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.57 miles

  • Public District Grades 9-12

school-card-donut-2025363
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,758. The most common annual income of people living in Albuquerque, NM is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Summer Ave NW

What is the listing price of this property?

The listing price of 1516 Summer Ave NW property is $799,000.

What type of property is this?

The property 1516 Summer Ave NW is a house located in Albuquerque, New Mexico, 87104.

Is this property for sale now?

Active Listing: 1516 Summer Ave NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1516 Summer Ave NW are:
Reginald Chavez Elementary School: GreatSchools Rating 2/10
Coronado Elementary School: GreatSchools Rating 6/10
Washington Middle School: GreatSchools Rating 4/10
Albuquerque High School: GreatSchools Rating 5/10
Nex Gen Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,423 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1516 Summer Ave NW has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1516 Summer Ave NW is 2,380 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Summer Ave NW is 2024.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87104›1516 Summer Ave NW

This home is located at 1516 Summer Ave NW in Albuquerque, NM and zip code 87104 in the Northwest Albuquerque neighborhood. This 2,380 square foot home, which was built in 2024, sits on a 0.11 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $799,000.

In March 2024, from all listings sold in Albuquerque, NM there were more than 141 sold above asking price, over 217 sold below and more than 121 were sold right at the asked price. The inventory of homes for sale in Albuquerque, NM between February 2024 and March 2024 decreased by 8.3%. While the average time on the market in March 2024 was 27 days, the median list price was $335,689.

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

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