17 days on rocket

407 Prospect Ave NW, Albuquerque, NM, 87102

$139,900

Home List Price

$1,661*

Closing Credit

3 Bedrooms
1 Full Bath
952 SqFt
$147/SqFt
House
Schools Nearby

Location

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407 Prospect Ave NW, Albuquerque$139,900

Buyer Closing Credits

$1,661*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1946
HeatingNatural Gas
CoolingEvaporative Cooling
MLS #1062479
Lot Size0.05 Acres
StatusActive

About 407 Prospect Ave NW

Discover this 3-bed, 1-bath home, brimming with potential. Awaiting a remodel, it's a canvas for your creativity. The listing includes conceptual photos, hinting at the home's potential post-renovation. Ideal for those seeking a project or investment. With vision and care, this could be an amazing home. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Stories: 1
  • Living Area: 952 SqFt

Listing Office:

  • Office Name: DM & BM Realty, Inc.
  • Office Phone: (505) 328-4409
  • Listing Agent: Michael J. Martinez

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fully Fenced

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Valley High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Garfield Middle School, Public District Grades 6-8
  • Cochiti Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From i40 take 6th ST north to prospect and prospect east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,900
  • Price Per SqFt: $147/SqFt

Tax Information:

  • Annual Amount: $1,241
  • 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

407 Prospect Ave NW vs Albuquerque

17 DAYS ON ROCKET

-9 Days

$139,900

-$195.7K Less

$147/SqFt

-$54 Less

KEY TAKEAWAY

This property is $195.7K less than the Median Sold Price and $54/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: #1062479

Listing Office:

  • Office Name: DM & BM Realty, Inc.
  • Office Phone: (505) 328-4409
  • Listing Agent: Michael J. Martinez

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: 5/28/2024, 8:20:31 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$1,241$25,881
2019$1,162$25,127
2018$1,122$24,396
2017$1,122$23,685

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-3956740
3
/10

  • Cochiti Elementary School

  • 3100 San Isidro St NW

  • 1.03 miles

  • Public District Grades KG-5

school-card-donut-3956741
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 2.11 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3956742
4
/10

  • Garfield Middle School

  • 3501 6th St NW

  • 0.61 miles

  • Public District Grades 6-8

High School

school-card-donut-3956743
4
/10

  • Valley High School

  • 1505 Candelaria Rd NW

  • 1.28 miles

  • Public District Grades 9-12

school-card-donut-3956744
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 3.97 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 $29,545. Residents of Albuquerque, NM typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 Prospect Ave NW

What is the listing price of this property?

The listing price of 407 Prospect Ave NW property is $139,900.

What type of property is this?

The property 407 Prospect Ave NW is a house located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Active Listing: 407 Prospect 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 407 Prospect Ave NW are:
Cochiti Elementary School: GreatSchools Rating 3/10
Coronado Elementary School: GreatSchools Rating 6/10
Garfield Middle School: GreatSchools Rating 4/10
Valley High School: GreatSchools Rating 4/10
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 $1,241 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 Prospect Ave NW has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 407 Prospect Ave NW is 952 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 Prospect Ave NW is 1946.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87102›407 Prospect Ave NW

This home is located at 407 Prospect Ave NW in Albuquerque, NM and zip code 87102 in the Near North Valley neighborhood. This 952 square foot home, which was built in 1946, sits on a 0.05 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $139,900.

In April 2024 more than 170 listings in Albuquerque, NM were sold above the asking price. During the same period more than 156 listings were sold at asking price, while more than 230 were sold below. The number of homes for sale in Albuquerque, NM decreased by 4.2% between March 2024 and April 2024. Listings spent 26 days on the market in April 2024, and had a median list price of $335,623 during the same period.

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

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