26 days on rocket

501-505 Mesilla St SE, Albuquerque, NM, 87108

$699,000

Home List Price

$8,301*

Closing Credit

1 Bedroom
1 Bath
Multi
Schools Nearby

Location

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501-505 Mesilla St SE, Albuquerque$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1960
HeatingCentral, Forced Air, Natural Gas
CoolingEvaporative Cooling
MLS #1060143
Lot Size0.16 Acres
StatusActive

About 501-505 Mesilla St SE

Welcome to your premier investment opportunity! 6-unit property that seamlessly blends modern upgrades with timeless appeal. Step into meticulously remodeled units where no detail has been overlooked. Stylish and durable tile flooring that sets the tone for sophistication throughout, recessed lighting that illuminates your spaces, enhanced security features, including sturdy steel doors, offering peace of mind for residents and property owners alike. Embrace sustainability with 80% energy-efficient furnaces and new windows in select units. Close to schools, shopping and eateries.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 898-2700
  • Listing Agent: Jeremiah D. Collins

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Tile, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Highland High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Van Buren Middle School, Public District Grades 6-8
  • Emerson Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: East on Zuni from Louisiana, south on Mesilla to address. Do not disturb tenants

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
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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

501-505 Mesilla St SE vs Albuquerque

26 DAYS ON ROCKET

-1 Day

$699,000

+$363.3K More

KEY TAKEAWAY

This property is $363.3K 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: #1060143

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 898-2700
  • Listing Agent: Jeremiah D. Collins

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, 7:20:14 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

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-4343962
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4343963
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 5.01 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4343964
3
/10

  • Van Buren Middle School

  • 700 Louisiana Blvd SE

  • 0.09 miles

  • Public District Grades 6-8

High School

school-card-donut-4343965
3
/10

  • Highland High School

  • 4700 Coal Ave SE

  • 1.52 miles

  • Public District Grades 9-12

school-card-donut-4343966
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.61 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 $30,000. Residents of Albuquerque, NM typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›501-505 Mesilla St SE

This home is located at 501-505 Mesilla St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This home, which was built in 1960, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $699,000.

Over 141 listings were sold over their listed price in March 2024 in Albuquerque, NM. In the same period over 217 listings were sold below the listed price and 121 listings were sold for the listed price. The inventory of homes for sale in Albuquerque, NM between February 2024 and March 2024 decreased by 8.3%. In March 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $335,689.

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

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