12 days on rocket

Sale Pending

2503 Tramway Terrace Ct NE, Albuquerque, NM, 87122

$399,500

Home List Price

$4,744*

Closing Credit

2 Bedrooms
1 Full Bath
1,240 SqFt
$322/SqFt
House
Schools Nearby

Location

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2503 Tramway Terrace Ct NE, Albuquerque$399,500

Buyer Closing Credits

$4,744*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Finished Garage, Garage
Attached Garage2 spaces
Year Built1985
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
FireplaceGas Log
MLS #1062441
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 2503 Tramway Terrace Ct NE

Experience the essence of comfortable living in this lovely 2-bedroom, 2-bathroom haven, located in a highly sought-after neighborhood known for its warmth, convenience and breath taking views. Recently updated throughout, this home offers a charming kitchen and bathrooms and is conveniently located near excellent local amenities and world class outdoor recreational opportunities. Enjoy serene views of the Sandia Mountains. Come make yourself at home in this inviting retreat.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 1
  • Living Area: 1,240 SqFt

Listing Office:

  • Office Name: HomeSmart Realty Pros
  • Office Phone: (505) 962-2121
  • Listing Agent: Ruben P Griego

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Laminate, Tile
  • Interior: Main Level Primary
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • La Cueva High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Desert Ridge Middle School, Public District Grades 6-8
  • Double Eagle Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Paseo and Tramway, head south to Tramway Terrace, turn right onto Tramway Terrace Court, home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,500
  • Price Per SqFt: $322/SqFt

HOA Fees:

  • Amount: $15
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,225
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$335.6K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

556

2503 Tramway Terrace Ct NE vs Albuquerque

12 DAYS ON ROCKET

-14 Days

$399,500

+$63.8K More

$322/SqFt

+$121 More

KEY TAKEAWAY

This property is $63.8K more than the Median Sold Price and $121/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: #1062441

Listing Office:

  • Office Name: HomeSmart Realty Pros
  • Office Phone: (505) 962-2121
  • Listing Agent: Ruben P Griego

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: 5/22/2024, 10:20:31 PM 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$2,225$70,410
2019$2,081$68,360
2018$2,018$66,369
2017$2,018$64,437

History based on county public records data.

Payment Calculator

$2,076

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,264

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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-395720
8
/10
  • Double Eagle Elementary School

  • 8901 Lowell Dr NE

  • 1.35 miles

  • Public District Grades PK-5

school-card-donut-395721
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 10.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-395722
8
/10
  • Desert Ridge Middle School

  • 8400 Barstow St NE

  • 3.11 miles

  • Public District Grades 6-8

High School

school-card-donut-395723
7
/10
  • La Cueva High School

  • 7801 Wilshire Ave NE

  • 3.45 miles

  • Public District Grades 9-12

school-card-donut-395724
6
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,500. The most common annual income of people living in Albuquerque, NM is between $100k-200k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2503 Tramway Terrace Ct NE

What is the listing price of this property?

The listing price of 2503 Tramway Terrace Ct NE property is $399,500.

What type of property is this?

The property 2503 Tramway Terrace Ct NE is a house located in Albuquerque, New Mexico, 87122.

Is this property for sale now?

Sale Pending: 2503 Tramway Terrace Ct NE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 2503 Tramway Terrace Ct NE are:
Double Eagle Elementary School: GreatSchools Rating 8/10
Coronado Elementary School: GreatSchools Rating 6/10
Desert Ridge Middle School: GreatSchools Rating 8/10
La Cueva High School: GreatSchools Rating 7/10
Nex 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 $2,225 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2503 Tramway Terrace Ct NE has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2503 Tramway Terrace Ct NE is 1,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2503 Tramway Terrace Ct NE is 1985.

Rocket HomesNew MexicoBernalillo CountyAlbuquerque871222503 Tramway Terrace Ct NE

This home is located at 2503 Tramway Terrace Ct NE in Albuquerque, NM and zip code 87122 in the Northeast Albuquerque neighborhood. This 1,240 square foot home, which was built in 1985, sits on a 0.14 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $399,500.

While more than 170 listings in Albuquerque, NM in April 2024 were sold above asking price, there were more than 156 listings sold at asking price, and more than 230 were sold below. The number of listings in Albuquerque, NM decreased by 4.2% between March 2024 and April 2024. The median list price of listings available in April 2024 was $335,623, while the average time on the real estate market was 26 days.

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

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