See Home Value
$324,499*
House - Off Market

701 Alvarado Drive NE

Albuquerque, NM 87108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1844 Sqft
$283,000 - $345,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Mar 23, 2023
$335,053
$251,920 by Primary Residential Mortgage I
Mortgage Due Apr 01, 2043
Sold Aug 31, 2010
$179,000
$176,621 by Primary Residential Mortgage I
Mortgage Due Sep 01, 2040

About This Property

Unique inviting, Mid-century home on a corner lot full of both updated and original charm, this open-concept floor plan has 2 living areas, one with high ceilings, wood beams, and a wood-burning fireplace, and the other located off of a minimalist Danish-style kitchen with solid surface countertops, stainless steel appliances, 3 skylights, and soft close cabinets. Additional features include Anderson windows along the East wall, clearstory windows, extra storage, a cedar-lined closet, refrigerated air, exterior storage and a tuff shed. Dog lovers and tennis enthusiasts will love this location right across from Marion Fox park. Centrally located minutes from shopping, Nob Hill, UNM, freeway access, or Kirtland Air Force Base.AHS Shield Essential Home Warranty included.

The manager has listed the unit size as 1844 square feet.
Unit Size
1,844Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1957

Price History

Date / Event Date Event Price
Mar 24, 2023 No longer available -
No longer available
Mar 23, 2023 Sold to Charles Walker, Richard Valdez $335,053
Sold to Charles Walker, Richard Valdez
Feb 11, 2023 In contract -
In contract
Feb 4, 2023 Price Decreased $314,900
↓ $15K (4.6%)
Price Decreased
Nov 17, 2022 Listed $330,000
Listed
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Fair
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,796
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PARK ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: * 016 015TIJERAS PARK ADD S7 1/2F L15 & ALL L16

Ownership

  • Current Owner : WALKER CHARLES
  • Current Owner 2: VALDEZ RICHARD
  • Previous Owner : BAILEY CHRISTOPHER
  • Previous Owner 2: BAILEY ANTOINETTE
  • Owner Before Previous Owner: VASQUEZ ADOLFO EFREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 000501

Geography

  • Parcel: 1-018-057-125-403-2-37-02
  • Block: 15
  • Lot: 16
  • Municipality: ALBUQUERQUE
  • Latitude: 35.0839
  • Longitude: -106.582

    Address

  • Full Address: 701 Alvarado Dr Ne
  • Legal Unit: 16
  • Address - House Number: 701
  • Street Segment Direction: NE
  • Address - Street Name: Alvarado
  • Address - Suffix Type: Dr
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: C024
  • 4-Digit Zip Code: 1647
  • Zip Code: 87108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,551
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 334,573
  • High Value: 405,911
  • Low Value: 263,234

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,920
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Mar 23, 2023
  • First Open Lien Mortgage Loan Amount: $251,920
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2043

    Market Valuation

  • Market Total Value: $179,097
  • Market Land Value: $22,291
  • Market Improvement Value: $156,806

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,693
  • Assessed Land Value: $7,430
  • Assessed Improvements Value: $52,263

    Sales

  • Current Sale Contract Date: Mar 22, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11904456484
  • Current Sale Price: $335,053
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17389
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Contract Date: Aug 30, 2010
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Mar 23, 2023
  • First Mortgage Loan Amount: $251,920
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Aug 31, 2010
  • Previous Mortgage Loan Amount: $176,621
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2040



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,682 ft²
$166/ft²
$280,000 Oct 13, 2022
-
$190/mo
House
3 Beds
2 Baths
1,556 ft²
$206/ft²
$319,900 Nov 5, 2022
-
$952/mo
House
3 Beds
2 Baths
1,374 ft²
$200/ft²
$275,000 Feb 13, 2023
-
$173/mo
House
3 Beds
2 Baths
1,547 ft²
$165/ft²
$255,000 Jan 31, 2023
-
$139/mo
House
3 Beds
1 Bath
1,212 ft²
$210/ft²
$255,000 Nov 1, 2022
-
$180/mo
House
4 Beds
2 Baths
1,733 ft²
$180/ft²
$312,500 Feb 1, 2023
-
$166/mo
House
2 Beds
1.5 Baths
1,228 ft²
$269/ft²
$330,000 Feb 3, 2023
-
$199/mo
Multifamily
1 Bed
-
-
$280,000 Feb 2, 2023
-
$154/mo

About Fair West


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Frequently Asked Questions

When was property at 701 Alvarado Drive Northeast built and last sold?
The property at 701 Alvarado Drive Northeast was built in 1957 and last sold on Mar 22, 2023 for $335,053.
How much is this home worth?
The estimated value of the home located at 701 Alvarado Drive Northeast is $337,631.
What are some comparable homes to 701 Alvarado Drive Northeast?
Homes that are comparable to 701 Alvarado Drive Northeast include a house property at 1509 Cardenas Drive Northeast, 441 Truman Street Northeast, 713 Palomas Drive Northeast.

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