18 days on rocket

222 Princeton Dr SE, Albuquerque, NM, 87106

$525,000

Home List Price

$6,234*

Closing Credit

1 Bedroom
1 Bath
Multi
Schools Nearby

Location

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222 Princeton Dr SE, Albuquerque$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1936
HeatingElectric, Wall Furnace
CoolingEvaporative Cooling
BasementYes
FireplaceOption
MLS #1060975
Lot Size0.16 Acres
StatusActive

About 222 Princeton Dr SE

Well-maintained, four-plex investment property situated two blocks from UNM. Upgraded plumbing and electrical. New fencing. Re-roofed last year with a transferable warranty. Nicely landscaped front and rear with off street parking. Unit 1 is a one bedroom with a large living room and original built-in shelves. The full sized kitchen has many cabinets and shelving. Rear atrium is for the refrigerator and 3/4 bath. Unit 2 has two rooms with a full bath and kitchen with a walk-in pantry. Freshly refinished wood flooring throughout. Units 1 and 2 each have a fireplace. Units 3 and 4 are smaller one bedrooms with 3/4 baths. Units 1, 2, and 3 share a centrally located courtyard. Unit 4 has a large fenced-in private courtyard. Property has consistently been rented the last 15 years of ownership

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 1

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 554-2213
  • Listing Agent: Rhonda S Protzen

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile, Wood
  • Fireplace: Option

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wall Furnace
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Albuquerque High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Jefferson Middle School, Public District Grades 6-8
  • Monte Vista Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Central go South on Princeton. Property is on the Eastside of the Princeton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $3,150
  • 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

$201

Avg. Days On Market

26

# of Sold Homes

556

222 Princeton Dr SE vs Albuquerque

18 DAYS ON ROCKET

-8 Days

$525,000

+$189.3K More

KEY TAKEAWAY

This property is $189.3K 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: #1060975

Listing Office:

  • Office Name: Realty One of New Mexico
  • Office Phone: (505) 554-2213
  • Listing Agent: Rhonda S Protzen

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: 5/9/2024, 12:55:31 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$3,150$73,426
2019$2,948$71,287
2018$2,858$69,210
2017$2,858$67,196

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-9049068
7
/10

  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-9049069
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 2.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-9049070
4
/10

  • Jefferson Middle School

  • 712 Girard Blvd NE

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-9049071
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.71 miles

  • Public District Grades 9-12

school-card-donut-9049072
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.20 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 $14,089. Most Albuquerque, NM residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›222 Princeton Dr SE

This home is located at 222 Princeton Dr SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This home, which was built in 1936, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $525,000.

Albuquerque, NM housing market in April 2024 saw over 170 listings sold above listed price, more than 156 sold at listed price and over 230 sold below. In April 2024 in Albuquerque, NM there were 4.2% less homes for sale than in March 2024. While the average time on the market in April 2024 was 26 days, the median list price was $335,623.

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

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