13 days on rocket

Sale Pending

402 Cornell Dr SE Unit 1-12, Albuquerque, NM, 87106

$1,300,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Bath
8,432 SqFt
$154/SqFt
Multi
Schools Nearby

Location

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402 Cornell Dr SE Unit 1-12, Albuquerque$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1971
HeatingWall Furnace
CoolingEvaporative Cooling
MLS #1060894
Lot Size0.33 Acres
StatusSale Pending
(Pending)

About 402 Cornell Dr SE Unit 1-12

Location! Location! Location! OpportunityKnocks! Calling all investors! UNM 12 plex on Cornell, near Frontier Restaurant and Saggios! All 2 Bedroom , 1 Bath units! Off Street parking! Do not disturb tenants, offers subject to inspection! Units are on 2 separate lots, 2 tax levy certificates are attached in documents.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2
  • Living Area: 8,432 SqFt

Listing Office:

  • Office Name: Brokerage of New Mexico
  • Office Phone: (505) 203-2700
  • Listing Agent: Joe S Davila

Interior Features

Interior Information:

  • Appliances: Electric Range, Disposal, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Carpet, Laminate, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: 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
  • Wilson Middle School, Public District Grades 6-8
  • Bandelier Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South on Cornell from Central (Frontier Restaurant) to Coal** Property located on the corner of Coal and Cornell***

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $154/SqFt
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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

402 Cornell Dr SE Unit 1-12 vs Albuquerque

13 DAYS ON ROCKET

-14 Days

$1,300,000

+$964.3K More

$154/SqFt

-$46 Less

KEY TAKEAWAY

This property is $964.3K more than the Median Sold Price and $46/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: #1060894

Listing Office:

  • Office Name: Brokerage of New Mexico
  • Office Phone: (505) 203-2700
  • Listing Agent: Joe S Davila

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: 5/1/2024, 6:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-4323261
6
/10

  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-4323262
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 1.94 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4323263
3
/10

  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 2.47 miles

  • Public District Grades 6-8

High School

school-card-donut-4323264
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.71 miles

  • Public District Grades 9-12

school-card-donut-4323265
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.44 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. Most Albuquerque, NM residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›402 Cornell Dr SE Unit 1-12

This home is located at 402 Cornell Dr SE Unit 1-12 in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 8,432 square foot home, which was built in 1971, sits on a 0.33 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $1,300,000.

In March 2024 more than 141 listings in Albuquerque, NM were sold above the asking price. During the same period more than 121 listings were sold at asking price, while more than 217 were sold below. The number of listings in Albuquerque, NM decreased by 8.3% between February 2024 and March 2024. In March 2024 median list price was $335,689 and the average listing age was 27 days.

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

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