14 days on rocket

508 Alcazar St SE, Albuquerque, NM, 87108

$399,950

Home List Price

$4,749*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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508 Alcazar St SE, Albuquerque$399,950

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1945
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #1061859
Lot Size0.15 Acres
StatusActive

About 508 Alcazar St SE

Albuquerque's thriving multifamily rental market and steady appreciation rates make this property a standout choice for savvy investors looking to capitalize on the city's growth. Each unit comprises of 2 bedrooms and one bath and one room with washer dryer hookups for a laundry facility onsite.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 1

Listing Office:

  • Office Name: Sperry Van Ness/WACB, Inc.
  • Office Phone: (505) 256-7573
  • Listing Agent: Angela Eneida Izquierdo-Larrazabal

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Range Hood
  • Basement: No
  • Flooring Type: Tile

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • 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
  • Emerson Elementary School, Public District Grades KG-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: On the corner of Bell Ave and Alcazar Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,950

Tax Information:

  • Annual Amount: $1,489
  • 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

508 Alcazar St SE vs Albuquerque

14 DAYS ON ROCKET

-12 Days

$399,950

+$64.3K More

KEY TAKEAWAY

This property is $64.3K more than the Median Sold Price in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1061859

Listing Office:

  • Office Name: Sperry Van Ness/WACB, Inc.
  • Office Phone: (505) 256-7573
  • Listing Agent: Angela Eneida Izquierdo-Larrazabal

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: 5/17/2024, 7:20:30 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$1,489$34,722
2019$1,394$33,712
2018$1,392$32,730
2017$1,392$32,730

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-2583143
2
/10

  • Emerson Elementary School

  • 620 Georgia St SE

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-2583144
6
/10

  • Coronado Elementary School

  • 601 4th St SW

  • 4.90 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2583145
4
/10

  • Van Buren Middle School

  • 700 Louisiana Blvd SE

  • 0.29 miles

  • Public District Grades 6-8

High School

school-card-donut-2583146
3
/10

  • Highland High School

  • 4700 Coal Ave SE

  • 1.39 miles

  • Public District Grades 9-12

school-card-donut-2583147
6
/10

  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 4.39 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 $37,857. Most Albuquerque, NM residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87108›508 Alcazar St SE

This home is located at 508 Alcazar St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This home, which was built in 1945, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $399,950.

While more than 170 listings in Albuquerque, NM in April 2024 were sold above asking price, there were more than 156 listings sold at asking price, and more than 230 were sold below. The inventory of homes for sale in Albuquerque, NM between March 2024 and April 2024 decreased by 4.2%. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $335,623.

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

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