A rare, fully reimagined property near UNM, CNM, UNM Hospital, and Presbyterian! This beautifully renovated home offers exceptional flexibility with a fully updated main residence plus a newly finished casita/ADU -- perfect for multi-generational living, guest quarters, rental income, or investment potential. The main home features new flooring, updated windows, renovated bathrooms, a stylish kitchen with new porcelain countertops, an added 3/4 bath, and a completely finished basement with laundry -- ideal for a home office, game room, studio, workout area, or flex space. Plumbing and electrical have been extensively upgraded to current code standards, and a newer HVAC system was installed for the main home approximately two years ago. Click More . . .
For sale
Price cut: $14K (8/24)
$585,000
322 Princeton Dr SE, Albuquerque, NM 87106
4beds
1,831sqft
Single Family Residence
Built in 1935
6,969 Square Feet Lot
$565,500 Zestimate®
$319/sqft
$-- HOA
What's special
Stylish kitchenFully updated main residenceNew flooringUpdated windowsNew porcelain countertopsRenovated bathrooms
- 73 days
- 515
- 22
Zillow last checked:
Listing updated:
Listed by:
Cassandra D Morrison 505-480-8035,
Real Broker, LLC 505-557-4976
Source: SWMLS,MLS#: 1105991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Primary bedroom
- Level: Main
- Area: 111.32
- Dimensions: 11.83 x 9.41
Bedroom 2
- Level: Main
- Area: 11367.28
- Dimensions: 12.08 x 941
Bedroom 3
- Level: Main
- Area: 103.51
- Dimensions: 11 x 9.41
Dining room
- Level: Main
- Area: 111.43
- Dimensions: 13.25 x 8.41
Family room
- Level: Basement
- Area: 237.47
- Dimensions: 15.41 x 15.41
Kitchen
- Level: Main
- Area: 89.98
- Dimensions: 9.91 x 9.08
Living room
- Level: Main
- Area: 160.06
- Dimensions: 13.25 x 12.08
Heating
- Central, Forced Air, Natural Gas
Cooling
- Ductless, Refrigerated
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary, Pantry, Shower Only, Separate Shower
- Flooring: Carpet Free, Vinyl
- Windows: Thermal Windows
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 1,831
- Total interior livable area: 1,831 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio, Private Yard, Private Entrance
Lot
- Size: 6,969 Square Feet
- Features: Landscaped, Planned Unit Development
Details
- Additional structures: None
- Parcel number: 101605719410831724
- Zoning description: R-ML*
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Block, Combination, Slab
- Roof: Pitched,Rolled/Hot Mop
Condition
- Resale
- New construction: No
- Year built: 1935
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: UNIVERSITY HEIGHTS SUBDIVISION
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $319/sqft
- Tax assessed value: $276,600
- Annual tax amount: $4,252
- Date on market: 6/22/2026
- Cumulative days on market: 74 days
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Asphalt
Estimated market value
$565,500
$537,000 - $594,000
$2,519/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $585,000-2.3%$319/sqft |
Source: | ||
| 6/22/2026 | Listed for sale | $599,000+90.2%$327/sqft |
Source: | ||
| 8/20/2025 | Sold | -- |
Source: | ||
| 7/25/2025 | Pending sale | $315,000$172/sqft |
Source: | ||
| 7/17/2025 | Listed for sale | $315,000+46.5%$172/sqft |
Source: | ||
| 7/17/2025 | Listing removed | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/5/2025 | Price change | $2,200-8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2022 | Price change | $2,400-11.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/18/2022 | Listed for rent | $2,700$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/4/2021 | Sold | -- |
Source: | ||
| 4/11/2021 | Pending sale | $215,000$117/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,253 +62.2% | $92,190 +48.4% |
| 2024 | $2,622 +1.7% | $62,137 +3% |
| 2023 | $2,578 +1.5% | $60,327 +1% |
| 2022 | $2,540 +33.2% | $59,727 +32.6% |
| 2021 | $1,907 +1.7% | $45,051 +3% |
| 2020 | $1,876 | $43,740 +3% |
| 2019 | -- | $42,466 |
| 2018 | $1,609 -8.4% | $42,466 +3% |
| 2017 | $1,756 +6.2% | $41,229 +6.1% |
| 2016 | $1,653 -95.6% | $38,863 +3% |
| 2015 | $37,732 +2325.6% | $37,732 +3% |
| 2014 | $1,556 | $36,633 +3% |
| 2013 | $1,556 | $35,567 +3% |
| 2012 | -- | $34,531 +3% |
| 2011 | -- | $33,526 +3% |
| 2010 | -- | $32,549 +3% |
| 2009 | -- | $31,603 +3% |
| 2008 | -- | $30,683 +3% |
| 2007 | -- | $29,789 +3% |
| 2006 | -- | $28,921 +3% |
| 2005 | -- | $28,080 +3% |
| 2004 | -- | $27,263 +3% |
| 2003 | -- | $26,468 +3% |
| 2002 | -- | $25,697 +2.8% |
| 2001 | -- | $24,998 -1.6% |
| 2000 | -- | $25,398 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University Hts
Nearby schools
Schools provided by the listing agent
- Elementary: Monte Vista
- Middle: Jefferson
- High: Albuquerque
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





