Sold

Price Unknown

1720 Silver Ave SE, Albuquerque, NM 87106

4beds

3baths

2,250sqft

Triplex, Multi Family

Built in 1946

-- sqft lot

$-- Zestimate^®

$--/sqft

$2,609 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,609/mo

Zestimate^® history

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What's special

Nob hill

Originally a duplex, current Owner added a 3rd unit - since he acquired.Located just 1 block to UNM's main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. 87 Walk Score. 85 Bike Score. This pride of ownership property has been updated and customized to our city's growing demand for executive, furnished rentals. The current owner has fashioned the property into 2 distinct, very accommodating furnished 1 bedroom units w/ a detached 2 bedroom casita that makes for the perfect owner occupant house hack. All units have been refurbished and updated with an eye for quality contemporary design.Measures of investment performance at ask price of $590,594 and current average rent of $1,665 per unit are a GRM of 10.37, a 7.65% cap rate

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Central, Forced Air

Cooling

Central Air

Appliances

Included: Refrigerator

Features

Flooring: Wood
Has basement: No

Interior area

Total structure area: 2,250
Total interior livable area: 2,250 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 6,534 Square Feet

Details

Has additional parcels: Yes
Parcel number: 101505736222242008
Zoning description: R-T*

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Multi Family

Materials

Block, Frame, Stucco

Condition

Resale
New construction: No
Year built: 1946

Utilities & green energy

Electric: None
Utilities for property: Electricity Available, Natural Gas Connected, Sewer Available, Water Connected

Community & HOA

Community

Subdivision: Terrace Addition

Location

Region: Albuquerque

Financial & listing details

Tax assessed value: $555,300
Annual tax amount: $3,970
Date on market: 1/18/2023
Cumulative days on market: 166 days
Listing terms: Cash,FHA,VA Loan
Tenant pays: Other, See Remarks

Price history

Date	Event	Price
8/31/2023	Sold	--
Source: SWMLS #1028236 Report a problem
7/3/2023	Pending sale	$590,594$262/sqft
Source: SWMLS #1028236 Report a problem
1/18/2023	Listed for sale	$590,594+128%$262/sqft
Source: SWMLS #1028236 Report a problem
7/3/2019	Listing removed	$259,000$115/sqft
Source: Maddox & Co/REALTORS #942755 Report a problem
5/3/2019	Pending sale	$259,000$115/sqft
Source: Maddox & Co/REALTORS #942755 Report a problem
4/28/2019	Sold	--
Source: Agent Provided Report a problem
4/23/2019	Listed for sale	$259,000$115/sqft
Source: Maddox & Co/REALTORS #942755 Report a problem
7/20/2017	Listing removed	$695
Source: Maddox Management LLC Report a problem
7/20/2017	Price change	$695+6.9%
Source: Maddox Management LLC Report a problem
7/18/2017	Listed for rent	$650
Source: Maddox Management LLC Report a problem
7/1/2014	Listing removed	$650
Source: Maddox Management LLC Report a problem
6/17/2014	Listed for rent	$650-3.7%
Source: Maddox Management LLC Report a problem
7/11/2012	Listing removed	$675
Source: Maddox Management LLC Report a problem
7/10/2012	Price change	$675+3.8%
Source: Maddox Management LLC Report a problem
7/3/2012	Listed for rent	$650
Source: Maddox Management LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,820 +0.1%	$185,081
2024	$7,809 +83.7%	$185,081 +86%
2023	$4,252 +3.5%	$99,500 +3%
2022	$4,109 +3.5%	$96,603 +3%
2021	$3,971 +1.7%	$93,789 +3%
2020	$3,906	$91,057 +169.9%
2019	--	$33,737
2018	$2,029 +41.2%	$33,737
2017	$1,437 -31.1%	$33,737 -31.1%
2016	$2,084 -95.6%	$48,993 +3%
2015	$47,567 +2325.6%	$47,567 +3%
2014	$1,961	$46,182 +3%
2013	$1,961	$44,837
2012	--	$44,837
2011	--	$44,837 -37%
2010	--	$71,226 +46.3%
2009	--	$48,696 +3%
2008	--	$47,279 +3%
2007	--	$45,901 +3%
2006	--	$44,565 +3%
2005	--	$43,267 +3%
2004	--	$42,008 +3%
2003	--	$40,784 +3%
2002	--	$39,596
2001	--	$39,596 +39.4%
2000	--	$28,397