Residents love the complex's private and secluded courtyard entry, the circular driveway and off-street parking options, the bonus exterior storage assigned to each apartment, and the large private yard spaces, almost as much as the quality and unique architectural finishes in each apartment. All units are separately metered for gas and electric and feature small slat oak floors, original custom tile, built-ins, and well-preserved vintage fixtures throughout. The residence at 309 Palomas NE has just been renovated to make the ideal owner occupancy apartment while also demonstrating where value-add renovation work will take the next investor with a market rent that is over 50% higher than the other 3 units.An owner occupant, w/ 3.5% down payment and a 30 yr amtz, could live here for $750
Sold
Price Unknown
311 Palomas Dr NE, Albuquerque, NM 87108
8beds
4baths
4,226sqft
Quadruplex, Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$--/sqft
$1,981 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,981/mo
Zestimate® history
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List your homeWhat's special
Well-preserved vintage fixturesBonus exterior storageUnique architectural finishesCircular drivewayOriginal custom tileOff-street parking optionsSmall slat oak floors
Zillow last checked:
Listing updated:
Listed by:
Todd D Clarke 505-440-8633,
NM Apartment Advisors, Inc.,
Kyle E Deacon 505-878-0100,
Deacon Property Services
Bought with:
Coralee H Quintana, 48091
EXP Realty LLC
Source: SWMLS,MLS#: 1073663
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Floor Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Refrigerator
Features
- Flooring: Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 4,226
- Total interior livable area: 4,226 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: One
- Stories: 1
- Exterior features: Landscaping
Lot
- Size: 9,583 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 101805710027020404
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick Veneer, Frame
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Tijeras Place Addition
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $114,411
- Annual tax amount: $2,969
- Date on market: 11/8/2024
- Cumulative days on market: 33 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: None
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | -- |
Source:  SWMLS #1073663 Report a problem | ||
| 12/11/2024 | Pending sale | $425,000$101/sqft |
Source: SWMLS #1073663 Report a problem | ||
| 11/8/2024 | Listed for sale | $425,000$101/sqft |
Source: SWMLS #1073663 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,611 +3.2% | $38,133 +3% |
| 2024 | $1,562 +1.7% | $37,023 +3% |
| 2023 | $1,536 +3.5% | $35,945 +3% |
| 2022 | $1,484 +3.5% | $34,898 +3% |
| 2021 | $1,435 +1.7% | $33,882 +3% |
| 2020 | $1,411 | $32,896 +3% |
| 2019 | -- | $31,938 |
| 2018 | $1,210 -8.4% | $31,938 +3% |
| 2017 | $1,321 +6.2% | $31,008 +6.1% |
| 2016 | $1,244 -95.6% | $29,228 +3% |
| 2015 | $28,378 +2325.7% | $28,378 +3% |
| 2014 | $1,170 | $27,551 +3% |
| 2013 | $1,170 | $26,749 |
| 2012 | -- | $26,749 |
| 2011 | -- | $26,749 |
| 2010 | -- | $26,749 -31.8% |
| 2009 | -- | $39,228 +3% |
| 2008 | -- | $38,085 +3% |
| 2007 | -- | $36,976 +3% |
| 2006 | -- | $35,900 +3% |
| 2005 | -- | $34,854 +3% |
| 2004 | -- | $33,839 +3% |
| 2003 | -- | $32,853 +3% |
| 2002 | -- | $31,896 -10.6% |
| 2001 | -- | $35,663 +52.6% |
| 2000 | -- | $23,364 |
Find assessor info on the county website
Neighborhood: Fair West
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Nearby schools
GreatSchools rating
- 6/10Zia Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.6 mi
- New Mexico
- Bernalillo County
- Albuquerque
- 87108
- Fair West
- 311 Palomas Dr NE
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