2 months on rocket

505 Los Arboles Ave NW, Albuquerque, NM, 87107

$280,000

Home List Price

$3,325*

Closing Credit

4 Bedrooms
2 Full Baths
1,979 SqFt
$141/SqFt
House
Schools Nearby

Location

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505 Los Arboles Ave NW, Albuquerque$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built1941
HeatingFloor Furnace, Multi Unit(s), Wall Furnace
CoolingEvaporative Cooling, Multi Unit(s)
FireplaceCustom, Wood Burning
MLS #1057556
Lot Size0.18 Acres
StatusActive

About 505 Los Arboles Ave NW

Welcome to 505 Los Arboles! This property offers a fantastic investment opportunity for those prepared to finish the remodel. Whether you're an owner-user, flipper, or short-term investor, the fully approved City of Albq. building plans conveys with the property. The plans include a 4-bedroom, 4.5-bathroom, 1928 sq.ft main house, and a 625 sq.ft casita, all situated on an oversized lot. The property has been demolished to the studs and is primed for the remodel to begin.Limited Opportunity! Have you been looking for a private lot in the highly sought-after North Valley?

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Ranch
  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,979 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (505) 554-3873
  • Listing Agent: Alex Cordova

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Wood
  • Interior: Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Home Office, Multiple Living Areas, Main Level Primary, Utility Room
  • Fireplace: Custom, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Private Yard, RV Parking/RV Hookup

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot: Lawn, Landscaped, Trees
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Multi Unit(s), Wall Furnace
  • Cooling: Evaporative Cooling, Multi Unit(s)

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 4th Street and Candelaria. South on 4th to Los Arboles, West to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $141/SqFt

Tax Information:

  • Annual Amount: $3,148
  • 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

505 Los Arboles Ave NW vs Albuquerque

65 DAYS ON ROCKET

+38 Days

$280,000

-$55.6K Less

$141/SqFt

-$59 Less

KEY TAKEAWAY

This property is $55.6K less than the Median Sold Price and $59/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: #1057556

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (505) 554-3873
  • Listing Agent: Alex Cordova

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, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$3,148$65,627
2019$2,963$64,027
2018$2,858$62,163
2017$2,858$60,352

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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NMLS#3030

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-1505087
3
/10

  • Cochiti Elementary School

  • 3100 San Isidro St NW

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-1505088
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 2.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1505089
3
/10

  • Garfield Middle School

  • 3501 6th St NW

  • 0.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1505090
4
/10

  • Valley High School

  • 1505 Candelaria Rd NW

  • 0.93 miles

  • Public District Grades 9-12

school-card-donut-1505091
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 3.76 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 $52,988. Residents of Albuquerque, NM typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Los Arboles Ave NW

What is the listing price of this property?

The listing price of 505 Los Arboles Ave NW property is $280,000.

What type of property is this?

The property 505 Los Arboles Ave NW is a house located in Albuquerque, New Mexico, 87107.

Is this property for sale now?

Active Listing: 505 Los Arboles 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 505 Los Arboles Ave NW are:
Cochiti Elementary School: GreatSchools Rating 3/10
Coronado Elementary School: GreatSchools Rating 6/10
Garfield Middle School: GreatSchools Rating 3/10
Valley High School: GreatSchools Rating 4/10
Nex Gen Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,148 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Los Arboles Ave NW has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Los Arboles Ave NW is 1,979 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Los Arboles Ave NW is 1941.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87107›505 Los Arboles Ave NW

This home is located at 505 Los Arboles Ave NW in Albuquerque, NM and zip code 87107 in the Near North Valley neighborhood. This 1,979 square foot home, which was built in 1941, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $280,000.

In March 2024, from all listings sold in Albuquerque, NM there were more than 141 sold above asking price, over 217 sold below and more than 121 were sold right at the asked price. The number of homes for sale in Albuquerque, NM decreased by 8.3% between February 2024 and March 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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