2 months on rocket

311 Stanford Dr SE, Albuquerque, NM, 87106

$749,900

Home List Price

$8,905*

Closing Credit

1 Bedroom
1 Bath
2,265 SqFt
$331/SqFt
Multi
Schools Nearby

Location

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311 Stanford Dr SE, Albuquerque$749,900

Buyer Closing Credits

$8,905*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1936
HeatingDuctless
CoolingDuctless, Central Air, Ceiling Fan(s)
BasementYes
FireplaceOption
MLS #1056407
Lot Size0.16 Acres
StatusActive

About 311 Stanford Dr SE

This stunning fourplex nestled in the heart of UNM area. Just a stone's throw away from the university, restaurants, and exciting shopping destinations, this property offers the ideal blend of convenience and charm. Each unit is separately metered (electric & Gas) and has been meticulously remodeled, ensuring a harmonious fusion of practicality, comfort and style. The units come in a variety of layouts, with three of them offering spacious 1-bedroom, 1-bathroom configurations, while the fourth unit is a cozy studio. Parking is never a concern with the expansive driveway that accommodates all tenants/guests comfortably. For those with entrepreneurial aspirations, the property presents a golden opportunity, with all 4 units being rented, currently generating a monthly rent of $5250.

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 1
  • Living Area: 2,265 SqFt

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: Angelo M. Ferreira

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s)
  • Fireplace: Option

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Landscaping, Patio

Virtual/3D Tour

  • 3D Tour: 311 Stanford Dr SE

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless, Central Air, Ceiling Fan(s)

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 University and Central go East. Turn right (South) onto Stanford Dr SE. Take Stanford to property. West Side of Street. 311 Stanford.

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,900
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $3,038
  • 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

311 Stanford Dr SE vs Albuquerque

84 DAYS ON ROCKET

+57 Days

$749,900

+$414.2K More

$331/SqFt

+$131 More

KEY TAKEAWAY

This property is $414.2K more than the Median Sold Price and $131/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: #1056407

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 292-8900
  • Listing Agent: Angelo M. Ferreira

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: 4/27/2024, 1:25:14 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$3,038$70,823
2019$2,843$68,761
2018$2,756$66,758
2017$2,756$64,814

History based on county public records data.

Payment Calculator

$3,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-1285556
7
/10

  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-1285557
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 1.96 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1285558
4
/10

  • Jefferson Middle School

  • 712 Girard Blvd NE

  • 0.93 miles

  • Public District Grades 6-8

High School

school-card-donut-1285559
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.66 miles

  • Public District Grades 9-12

school-card-donut-1285560
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.35 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 $25,921. Typical income of Albuquerque, NM residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›311 Stanford Dr SE

This home is located at 311 Stanford Dr SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 2,265 square foot 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 February 03, 2024 and is currently priced at $749,900.

Albuquerque, NM housing market in March 2024 saw over 141 listings sold above listed price, more than 121 sold at listed price and over 217 sold below. In March 2024 in Albuquerque, NM there were 8.3% less homes for sale than in February 2024. The median list price of listings available in March 2024 was $335,689, while the average time on the real estate market was 27 days.

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

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