12 days on rocket

514 Wellesley Dr SE, Albuquerque, NM, 87106

$799,000

Home List Price

$9,488*

Closing Credit

4 Bedrooms
3 Baths
3,114 SqFt
$257/SqFt
House
Schools Nearby

Location

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514 Wellesley Dr SE, Albuquerque$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1940
HeatingCentral, Ductless, Forced Air
CoolingDuctless, Evaporative Cooling, Central Air
MLS #1061188
Lot Size0.19 Acres
StatusActive

About 514 Wellesley Dr SE

Renovated residence in established Nob Hill neighborhood offers modern finishes and a dynamic, flexible multi-family design. With four bedrooms, three bathrooms, study, second kitchen and laundry, plus multiple living spaces. It's 2 houses in 1. The side door works a a great entry into the back portion of the home. The primary kitchen's luxurious aesthetic features a large center island, engineered stone tops and custom cabinetry. Soft contemporary appeal is carried out in bathrooms too, using subway and marble hex tile. Oak hardwood floors, custom casework throughout, restored steel pivotal windows, fireplace with marble surround, new large capacity tankless water heater and new HVAC and TPO roof in rear of the property.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 3,114 SqFt

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (505) 265-5111
  • Listing Agent: Kim Jensen

Interior Features

Interior Information:

  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Tile, Vinyl, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Ductless, Forced Air
  • Cooling: Ductless, Evaporative Cooling, Central Air

School Info

Assigned Schools Information:

  • Highland 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: From Carlisle and Central go South. Make a right onto Garfield. Left on Wellesley and home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $257/SqFt

Tax Information:

  • Annual Amount: $3,150
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$335.6K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

556

514 Wellesley Dr SE vs Albuquerque

12 DAYS ON ROCKET

-14 Days

$799,000

+$463.3K More

$257/SqFt

+$56 More

KEY TAKEAWAY

This property is $463.3K more than the Median Sold Price and $56/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: #1061188

Listing Office:

  • Office Name: RE/MAX SELECT
  • Office Phone: (505) 265-5111
  • Listing Agent: Kim Jensen

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: 5/5/2024, 10:20:31 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$3,150$75,445
2019$2,944$73,247
2018$2,851$71,114
2017$2,851$69,044

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-6701104
6
/10
  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-6701105
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 2.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6701106
3
/10
  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 1.81 miles

  • Public District Grades 6-8

High School

school-card-donut-6701107
3
/10
  • Highland High School

  • 4700 Coal Ave SE

  • 0.96 miles

  • Public District Grades 9-12

school-card-donut-6701108
8
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,955. Residents of Albuquerque, NM typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Wellesley Dr SE

What is the listing price of this property?

The listing price of 514 Wellesley Dr SE property is $799,000.

What type of property is this?

The property 514 Wellesley Dr SE is a house located in Albuquerque, New Mexico, 87106.

Is this property for sale now?

Active Listing: 514 Wellesley Dr 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 514 Wellesley Dr SE are:
Bandelier Elementary School: GreatSchools Rating 6/10
Coronado Elementary School: GreatSchools Rating 6/10
Wilson Middle School: GreatSchools Rating 3/10
Highland High School: GreatSchools Rating 3/10
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 $3,150 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 514 Wellesley Dr SE has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 514 Wellesley Dr SE is 3,114 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Wellesley Dr SE is 1940.

Rocket HomesNew MexicoBernalillo CountyAlbuquerque87106514 Wellesley Dr SE

This home is located at 514 Wellesley Dr SE in Albuquerque, NM and zip code 87106 in the Southeast Heights neighborhood. This 3,114 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $799,000.

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%. 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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