14 days on rocket

506 Santa Fe Ave SE, Albuquerque, NM, 87102

$300,000

Home List Price

$3,563*

Closing Credit

3 Bedrooms
1 Bath
1,386 SqFt
$216/SqFt
House
Schools Nearby

Location

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506 Santa Fe Ave SE, Albuquerque$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1931
HeatingWall Furnace
CoolingOther
MLS #1063391
Lot Size0.07 Acres
StatusActive

About 506 Santa Fe Ave SE

Investor Alert! This property presents a lucrative opportunity for savvy investors seeking a prime real estate asset. This versatile property boasts a 3 bedroom , 1 bathroom . But wait there is more, this property offers a unique advantage with an attached 1 bedroom, 1 bathroom studio, providing additional living space or rental income potential. The Property convenient location to schools and shops further enhance its desirability and investment appeal. The sale of this property also includes 800 Edith Street.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 1
  • Living Area: 1,386 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 897-1100
  • Listing Agent: Valerie Almanzar

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Tile
  • Interior: Main Level Primary

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Virtual/3D Tour

  • 3D Tour: 506 Santa Fe Ave SE

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Other

School Info

Assigned Schools Information:

  • Albuquerque High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Washington Middle School, Public District Grades 6-8
  • Eugene Field Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: W on Avenida Ceasar Chavez, N on 8th ST, W on Santa Fe to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $216/SqFt

Tax Information:

  • Annual Amount: $959
  • 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

506 Santa Fe Ave SE vs Albuquerque

14 DAYS ON ROCKET

-12 Days

$300,000

-$35.6K Less

$216/SqFt

+$15 More

KEY TAKEAWAY

This property is $35.6K less than the Median Sold Price and $15/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: #1063391

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 897-1100
  • Listing Agent: Valerie Almanzar

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: 6/1/2024, 11:20:31 AM 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$959$22,360
2019$897$21,709
2018$870$21,077
2017$870$20,463

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-6368180
3
/10

  • Eugene Field Elementary School

  • 700 Edith Blvd SE

  • 0.06 miles

  • Public District Grades PK-5

school-card-donut-6368181
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 0.64 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6368182
4
/10

  • Washington Middle School

  • 1101 Park Ave SW

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-6368183
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.50 miles

  • Public District Grades 9-12

school-card-donut-6368184
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.18 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 $27,872. The majority of Albuquerque, NM residents have income less than $35k annually. Typical family type 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 506 Santa Fe Ave SE

What is the listing price of this property?

The listing price of 506 Santa Fe Ave SE property is $300,000.

What type of property is this?

The property 506 Santa Fe Ave SE is a house located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Active Listing: 506 Santa Fe Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 506 Santa Fe Ave SE are:
Eugene Field Elementary School: GreatSchools Rating 3/10
Coronado Elementary School: GreatSchools Rating 6/10
Washington Middle School: GreatSchools Rating 4/10
Albuquerque High School: GreatSchools Rating 5/10
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 $959 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Santa Fe Ave SE has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 Santa Fe Ave SE is 1,386 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Santa Fe Ave SE is 1931.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87102›506 Santa Fe Ave SE

This home is located at 506 Santa Fe Ave SE in Albuquerque, NM and zip code 87102 in the South Broadway neighborhood. This 1,386 square foot home, which was built in 1931, sits on a 0.07 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $300,000.

Over 170 listings were sold over their listed price in April 2024 in Albuquerque, NM. In the same period over 230 listings were sold below the listed price and 156 listings were sold for the listed price. Between March 2024 and April 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 4.2%. While the average time on the market in April 2024 was 26 days, the median list price was $335,623.

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

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