221 Homeland Rd NW, Albuquerque, NM 87114
What's special
Extraordinary Opportunity for 4.12 acres of mostly clear land with VIEWS of mountains and hot air balloons!! Super Convenient location in the highly sought-after North Valley off 2nd St, between Alameda & Paseo del Norte! Over 180,000 square feet - huge potential, this property is a blank canvas just waiting for your creative touch. Currently zoned R-1 with public utilities already connected to the property via an existing 1700sqft home at the SW corner of the land. Imagine subdividing, building, or developing a lovely community. This location has convenient access and unbeatable flexibility- near shops, restaurants and freeway access. Developers will want to investigate feasibility. AS IS- in current condition/ no repairs. Call to schedule a showing!
- 311 days |
- 37 |
- 0 |
Travel times
Lot
Lot
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Dee Rasberry 505-269-1505,
Realty One of New Mexico 505-883-9400
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
Primary bedroom
- Level: Main
- Area: 161.46
- Dimensions: 13.8 x 11.7
Kitchen
- Level: Main
- Area: 141.45
- Dimensions: 11.5 x 12.3
Living room
- Level: Main
- Area: 434.07
- Dimensions: 27.3 x 15.9
Heating
- Central, Forced Air, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Laundry: Other
Features
- Main Level Primary
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Back Yard
- Has view: Yes
Lot
- Size: 4.12 Acres
- Features: Views
Details
- Parcel number: 101606414240920804
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $735/sqft
- Tax assessed value: $480,614
- Annual tax amount: $5,697
- Date on market: 11/14/2025
- Cumulative days on market: 213 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/21/2026 | Pending sale | $1,300,000$735/sqft |
Source:  SWMLS #1094500 Report a problem | ||
| 2/2/2026 | Price change | $1,300,000-18.8%$735/sqft |
Source: SWMLS #1094500 Report a problem | ||
| 12/12/2025 | Price change | $1,600,000-20%$905/sqft |
Source: SWMLS #1094500 Report a problem | ||
| 11/14/2025 | Listed for sale | $2,000,000$1,131/sqft |
Source: SWMLS #1094499 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,887 +3.3% | $160,189 +3% |
| 2024 | $5,698 +1.9% | $155,524 +3% |
| 2023 | $5,594 | $150,995 +3% |
| 2022 | -- | $146,597 +3% |
| 2021 | $5,087 +1.9% | $142,327 +3% |
| 2020 | $4,994 | $138,182 +3% |
| 2019 | -- | $134,158 |
| 2018 | $4,167 -10.8% | $134,158 +3% |
| 2017 | $4,673 +8% | $130,250 +6.1% |
| 2016 | $4,327 -96.4% | $122,774 +3% |
| 2015 | $119,198 +2880.7% | $119,198 +3% |
| 2014 | $3,999 | $115,727 +3% |
| 2013 | $3,999 | $112,357 +3% |
| 2012 | -- | $109,085 +3% |
| 2011 | -- | $105,907 +3% |
| 2010 | -- | $102,823 +3% |
| 2009 | -- | $99,829 +3% |
| 2008 | -- | $96,921 +3% |
| 2007 | -- | $94,098 +3% |
| 2006 | -- | $91,357 +2.4% |
| 2005 | -- | $89,191 +1.5% |
| 2004 | -- | $87,857 |
| 2003 | -- | $87,857 |
| 2002 | -- | $87,857 |
| 2001 | -- | $87,857 -1.2% |
| 2000 | -- | $88,891 |
Find assessor info on the county website
Monthly payment
Estimated market value
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Estimated sales range
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Climate risks
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