2 months on rocket

Sale Pending

524 Central Ave SW Unit 503, Albuquerque, NM, 87102

$240,000

Home List Price

$2,850*

Closing Credit

1 Bedroom
1 Full Bath
787 SqFt
$305/SqFt
Condo
Schools Nearby

Location

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524 Central Ave SW Unit 503, Albuquerque$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage
Attached Garage1 space
Year Built2015
HeatingCentral, Forced Air, Heat Pump
CoolingCentral Air, Heat Pump
MLS #1057801
StatusSale Pending
(Pending)

About 524 Central Ave SW Unit 503

Experience urban living at The Residences at Anasazi in Downtown Albuquerque, located at 6th and Central. This prime spot offers easy access to dining, nightlife, and attractions like the Kimo Theater and zoo, plus it's near hospitals and features rare secure attached garage parking. The upcoming Ex Novo Brewery and Downtown Rail Trail Project are just blocks away. The central-facing unit features modern amenities including quartz countertops, tile flooring and backsplash, and an in-unit washer/dryer, tasteful color scheme and updated lighting fixtures. HOA covers most utilities and maintenance of common areas like the 4th-floor patio. Priced to sell making it ideal for both living or investing, while combining convenience with style in a vibrant downtown setting. See The Virtual Tour!

Property Details

Property Features

Property Information:

  • Year Built: 2015
  • Stories: 1
  • Living Area: 787 SqFt

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Daniel L Paul

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Basement: No
  • Flooring Type: Tile
  • Interior: High Speed Internet, Main Level Primary, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump

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
  • Coronado Elementary School, Public District Grades KG-5
  • Lew Wallace Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From CanAm HwyHead east on Central Ave SE/U.S. Rt. 66 toward Oak St SEUse the left 2 lanes to turn left at the 1st cross street onto Oak St NETurn left onto Dr Martin Luther King Jr Ave NEContinue onto Marquette Ave NWTurn left onto 6th St NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $305/SqFt

HOA Fees:

  • Amount: $346
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,518
  • 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

524 Central Ave SW Unit 503 vs Albuquerque

61 DAYS ON ROCKET

+34 Days

$240,000

-$95.6K Less

$305/SqFt

+$105 More

KEY TAKEAWAY

This property is $95.6K less than the Median Sold Price and $105/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: #1057801

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Daniel L Paul

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: 4/28/2024, 7:25:14 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$2,518$54,495
2019$2,529$54,495
2018$2,607$55,061
2017$2,607$55,061

History based on county public records data.

Payment Calculator

$1,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-1998796
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-1998797
5
/10

  • Lew Wallace Elementary School

  • 513 6th St NW

  • 0.38 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1998798
4
/10

  • Washington Middle School

  • 1101 Park Ave SW

  • 0.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1998799
5
/10

  • Albuquerque High School

  • 800 Odelia Rd NE

  • 1.33 miles

  • Public District Grades 9-12

school-card-donut-1998800
8
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.17 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 $34,091. The majority of Albuquerque, NM residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 524 Central Ave SW Unit 503

What is the listing price of this property?

The listing price of 524 Central Ave SW Unit 503 property is $240,000.

What type of property is this?

The property 524 Central Ave SW Unit 503 is a condo located in Albuquerque, New Mexico, 87102.

Is this property for sale now?

Sale Pending: 524 Central Ave SW Unit 503 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 524 Central Ave SW Unit 503 are:
Coronado Elementary School: GreatSchools Rating 6/10
Lew Wallace Elementary School: GreatSchools Rating 5/10
Washington Middle School: GreatSchools Rating 4/10
Albuquerque High School: GreatSchools Rating 5/10
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 $2,518 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 524 Central Ave SW Unit 503 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 524 Central Ave SW Unit 503 is 787 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 524 Central Ave SW Unit 503 is 2015.

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87102›524 Central Ave SW Unit 503

This home is located at 524 Central Ave SW Unit 503 in Albuquerque, NM and zip code 87102 in the Southwest Albuquerque neighborhood. This 787 square foot home was built in 2015. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $240,000.

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. In March 2024 in Albuquerque, NM there were 8.3% less homes for sale than in February 2024. While the average time on the market in March 2024 was 27 days, the median list price was $335,689.

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

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