This prime corner-lot home in the desirable Parkland Hills/Ridgecrest area is just minutes from top dining, shopping, entertainment, parks, and local breweries. This charming residence features a tasteful remodel with a bright and inviting living area, updated Bathroom, and kitchen space. Original hardwood floors in the living room and bedrooms add timeless character, while tile flooring enhances the kitchen and bathroom.Additional highlights include refrigerated air, new stucco, new windows, and a tankless water heater for added energy efficiency, along with newly installed, owned solar panels. The fully fenced and landscaped backyard offers convenient backyard access, a dog pen, and a storage shed--perfect for relaxing or entertaining.The TPO roof was replaced in 2020, providing peace of mind. An ideal starter home in a highly sought-after location! Some photos have been virtually staged.
For sale
Price cut: $5K (8/17)
$375,000
500 Valverde Dr SE, Albuquerque, NM 87108
3beds
1,020sqft
Single Family Residence
Built in 1950
6,534 Square Feet Lot
$372,600 Zestimate®
$368/sqft
$-- HOA
What's special
Dog penStorage shedConvenient backyard accessTasteful remodelNew stuccoPrime corner-lot homeUpdated bathroom
- 87 days |
- 201 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Lynette Salinas 505-554-9222,
Coldwell Banker Legacy 505-292-8900
Source: SWMLS,MLS#: 1104562
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 186.12
- Dimensions: 9.9 x 18.8
Bedroom 2
- Level: Main
- Area: 116.58
- Dimensions: 13.4 x 8.7
Bedroom 3
- Level: Main
- Area: 97.85
- Dimensions: 9.5 x 10.3
Dining room
- Level: Main
- Area: 91.35
- Dimensions: 10.5 x 8.7
Kitchen
- Level: Main
- Area: 127.2
- Dimensions: 12 x 10.6
Living room
- Level: Main
- Area: 153.36
- Dimensions: 14.2 x 10.8
Heating
- Combination
Cooling
- Has cooling: Yes
Appliances
- Included: Free-Standing Gas Range, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), High Speed Internet, Main Level Primary, Smart Camera(s)/Recording
- Flooring: Tile, Vinyl, Wood
- Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
- Fencing: Full,Gate,Wall
- Has view: Yes
Lot
- Size: 6,534 Square Feet
- Features: Corner Lot, Views, Xeriscape
- Residential vegetation: Grassed
Details
- Additional structures: Kennel/Dog Run, Shed(s), Storage
- Parcel number: 101705626342712420
- Zoning description: R-1C*
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Adobe
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Security: Security System, Security Gate, Smoke Detector(s)
- Subdivision: Parkland Hills/ Ridgecrest
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $368/sqft
- Tax assessed value: $195,311
- Annual tax amount: $2,536
- Date on market: 6/1/2026
- Cumulative days on market: 88 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$372,600
$354,000 - $391,000
$1,755/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $375,000-1.3%$368/sqft |
Source:  SWMLS #1104562 Report a problem | ||
| 8/11/2026 | Price change | $380,000+1.3%$373/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 7/30/2026 | Price change | $375,000-1.3%$368/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 6/28/2026 | Price change | $380,000-1.3%$373/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 6/18/2026 | Price change | $385,000-2.8%$377/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 6/16/2026 | Price change | $395,990-1%$388/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 6/1/2026 | Listed for sale | $400,000+27%$392/sqft |
Source: SWMLS #1104562 Report a problem | ||
| 7/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/25/2024 | Listed for rent | $1,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2023 | Listing removed | -- |
Source: SWMLS #1035092 Report a problem | ||
| 6/17/2023 | Price change | $315,000-1.5%$309/sqft |
Source: SWMLS #1035092 Report a problem | ||
| 6/8/2023 | Listed for sale | $319,900$314/sqft |
Source: SWMLS #1035092 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,666 +3.2% | $65,097 +3% |
| 2024 | $2,582 +1.8% | $63,202 +3% |
| 2023 | $2,537 -2.8% | $61,361 |
| 2022 | $2,610 +0.5% | $61,361 |
| 2021 | $2,598 +44.9% | $61,361 +40.1% |
| 2020 | $1,793 | $43,798 +3% |
| 2019 | -- | $42,522 |
| 2018 | $1,526 -8.8% | $42,522 +3% |
| 2017 | $1,673 +6.5% | $41,284 +6.1% |
| 2016 | $1,571 -95.8% | $38,915 +3% |
| 2015 | $37,782 +2465.6% | $37,782 +3% |
| 2014 | $1,473 | $36,681 +3% |
| 2013 | $1,473 | $35,613 +3% |
| 2012 | -- | $34,576 +3% |
| 2011 | -- | $33,570 +3% |
| 2010 | -- | $32,592 +3% |
| 2009 | -- | $31,644 +3% |
| 2008 | -- | $30,722 +3% |
| 2007 | -- | $29,828 +3% |
| 2006 | -- | $28,959 +3% |
| 2005 | -- | $28,117 +3% |
| 2004 | -- | $27,298 +3% |
| 2003 | -- | $26,503 +3% |
| 2002 | -- | $25,731 +2.9% |
| 2001 | -- | $24,997 +11.3% |
| 2000 | -- | $22,465 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Parkland Hills
Nearby schools
GreatSchools rating
- 4/10Whittier Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 2/10Highland High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Whittier
- Middle: Wilson
- High: Highland
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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