Rare and coveted find... Outstanding medium term 3 unit rental property that has strong rental history discovered in PRIME UNM LOCATION just blocks from the university! This property has been meticulously maintained, recently & beautifully updated, units are separately metered, all have W/D units, and it's even enhanced w/picturesque low-maintenance xeriscaping featuring rocks, shrubs & trees w/watering easily controlled via phone app. All units have new kitchens w/granite, new plumbing in main house, and cozy ref air which tenants & landlords prefer. Newer roofs, water heaters, furnaces, thermal windows, and stucco. To make this turn-key operation complete seller is including ALL furniture / fixtures / equipment w/a listed price cash sale or selling separately to financed buyers.
Sold
Price Unknown
320 Cornell Dr SE, Albuquerque, NM 87106
3beds
3baths
1,861sqft
Triplex, Multi Family
Built in 1941
-- sqft lot
$537,600 Zestimate®
$--/sqft
$1,739 Estimated rent
Home value
$537,600
$511,000 - $570,000
$1,739/mo
Zestimate® history
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List your homeWhat's special
New kitchensNew plumbingNewer roofsCozy ref airThermal windows
Zillow last checked:
Listing updated:
Listed by:
Remington Properties LLC 505-977-2004,
Realty One of New Mexico
Bought with:
Cynthia M Slatton, 48543
Realty One of New Mexico
Source: SWMLS,MLS#: 1062077
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Refrigerator
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Tile, Vinyl
- Basement: Interior Entry,Unfinished
Interior area
- Total structure area: 1,861
- Total interior livable area: 1,861 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,969 Square Feet
Details
- Has additional parcels: Yes
- Parcel number: 101605708411631422
- Zoning description: R-ML*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Adobe, Block, Stucco
Condition
- Resale
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: Net Meter
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: University Heights
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $490,600
- Annual tax amount: $4,553
- Date on market: 5/4/2024
- Cumulative days on market: 1 day
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2024 | Sold | -- |
Source:  SWMLS #1062077 Report a problem | ||
| 5/8/2024 | Pending sale | $495,000$266/sqft |
Source: SWMLS #1062077 Report a problem | ||
| 5/7/2024 | Listed for sale | $495,000+37.5%$266/sqft |
Source: SWMLS #1062077 Report a problem | ||
| 7/9/2020 | Sold | -- |
Source: SWMLS #969054 Report a problem | ||
| 5/29/2020 | Pending sale | $359,900$193/sqft |
Source: Keller Williams Realty #969054 Report a problem | ||
| 5/28/2020 | Listed for sale | $359,900-9.1%$193/sqft |
Source: Keller Williams Realty #969054 Report a problem | ||
| 4/20/2020 | Listing removed | $396,000$213/sqft |
Source: Owner Report a problem | ||
| 3/27/2020 | Listed for sale | $396,000+76%$213/sqft |
Source: Owner Report a problem | ||
| 10/4/2019 | Listing removed | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 9/3/2019 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 11/8/2018 | Sold | -- |
Source: eXp Realty #88912107 Report a problem | ||
| 9/19/2018 | Pending sale | $225,000$121/sqft |
Source: EXP Realty LLC #927672 Report a problem | ||
| 9/14/2018 | Listed for sale | $225,000$121/sqft |
Source: EXP Realty LLC #927672 Report a problem | ||
| 9/3/2018 | Pending sale | $225,000$121/sqft |
Source: EXP Realty LLC #927672 Report a problem | ||
| 9/3/2018 | Listed for sale | $225,000$121/sqft |
Source: EXP Realty LLC #927672 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,909 +49.2% | $163,517 +49% |
| 2024 | $4,631 +1.7% | $109,753 +3% |
| 2023 | $4,553 +0.5% | $106,556 |
| 2022 | $4,532 +0.4% | $106,556 -0.1% |
| 2021 | $4,514 +3.4% | $106,623 +4.7% |
| 2020 | $4,366 | $101,790 0% |
| 2019 | -- | $101,823 |
| 2018 | $2,452 -8.4% | $101,823 +62.1% |
| 2017 | $2,677 +6.2% | $62,833 +6.1% |
| 2016 | $2,520 -95.6% | $59,228 +3% |
| 2015 | $57,503 +2325.6% | $57,503 +3% |
| 2014 | $2,371 | $55,828 +2.8% |
| 2013 | $2,371 | $54,300 -33.4% |
| 2012 | -- | $81,492 |
| 2011 | -- | $81,492 |
| 2010 | -- | $81,492 +68.9% |
| 2009 | -- | $48,246 +3% |
| 2008 | -- | $46,841 +3% |
| 2007 | -- | $45,476 +3% |
| 2006 | -- | $44,152 +3% |
| 2005 | -- | $42,867 +3% |
| 2004 | -- | $41,619 +3% |
| 2003 | -- | $40,406 +3% |
| 2002 | -- | $39,229 +2.8% |
| 2001 | -- | $38,163 -2.1% |
| 2000 | -- | $38,996 |
Find assessor info on the county website
Neighborhood: University Hts
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Nearby schools
GreatSchools rating
- 7/10Monte Vista Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Jefferson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$537,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$537,600
- New Mexico
- Bernalillo County
- Albuquerque
- 87106
- University Hts
- 320 Cornell Dr SE
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