5 months on rocket

7605 Bell SE, Albuquerque, NM, 87108

$4,915,047

1 Bedroom
1 Bath
37,168 SqFt
$132/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
Year Built1980
HeatingCentral, Forced Air, Wall Furnace
CoolingEvaporative Cooling
MLS #1044022
Lot Size2.77 Acres
StatusActive

About 7605 Bell SE

A total of 53 units in 15 buildings in 9 concentration, all within 9 x 9 block area.Area amenities include Ta-Lin International market, Expo! NM, The NM State Fair, and the constructed International District Library.The portfolio straddles historic Route 66, home to the Albuquerque Rapid Transit corridor which offers quick connections to the Uptown retail district, Nob Hill, UNM/CNM Area as well as downtown, Kirtland Air Force Base and Sandia National Laboratories.The sellers are offering financing to qualified investors (*) with 21.5% down payment, 78.5% loan to value, 4.85% interest rate, 30 year amortization and a 6 year call. (*subject to sellers review of buyers credit report, financial statement, deal resume, and tax returns).Same owner has Single family portfolio FS

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 2
  • Living Area: 37,168 SqFt

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Tile, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 2.77 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Wall Furnace
  • 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
  • Wherry Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 and Louisiana south to Central east to San Pablo, south to property.Please review flyer for complete list of all addresses - 15 different properties.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,915,047
  • Price Per SqFt: $132/SqFt
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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

$200

Avg. Days On Market

27

# of Sold Homes

479

7605 Bell SE vs Albuquerque

177 DAYS ON ROCKET

+150 Days

$4,915,047

+$4.5M More

$132/SqFt

-$68 Less

KEY TAKEAWAY

This property is $4.5M more than the Median Sold Price and $68/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: #1044022

Listing Office:

  • Office Name: NM Apartment Advisors, Inc.
  • Office Phone: (505) 440-8633
  • Listing Agent: Todd D Clarke

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, 5:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$24.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.8K

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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-1038236
1
/10
  • Wherry Elementary School

  • Bldg 25000 Kafb

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-1038237
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 5.07 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1038238
3
/10
  • Van Buren Middle School

  • 700 Louisiana Blvd SE

  • 0.34 miles

  • Public District Grades 6-8

High School

school-card-donut-1038239
3
/10
  • Highland High School

  • 4700 Coal Ave SE

  • 1.55 miles

  • Public District Grades 9-12

school-card-donut-1038240
8
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.40 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,588. The most common annual income of people living in Albuquerque, NM is less than $35k. The most common type of family 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

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Rocket HomesNew MexicoBernalillo CountyAlbuquerque871087605 Bell SE

This home is located at 7605 Bell SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This 37,168 square foot home, which was built in 1980, sits on a 2.77 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 01, 2023 and is currently priced at $4,915,047.

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. 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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