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  • Price Unknown

    716 Old Coors Dr SW, Albuquerque, NM 87121

    5beds
    4baths
    2,121sqft
    Quadruplex, Multi Family
    Built in 1956
    -- sqft lot
    $442,400 Zestimate®
    $--/sqft
    $1,430 Estimated rent

    Home value

    $442,400

    $420,000 - $469,000

    $1,430/mo

    Zestimate® history
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    $1,430/mo

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    $1,430/mo

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    What's special

    Mechanic shopMarble floorsMarble counters
    What do you need? A work/live property, multi-generationl home, in-law suite,cash flow invest rentals, storage & parking, mechanic shop? This 5 bdr., home consists of an owner's suite plus 3 smaller aparts. Remodled w/new cabinets, marble counters & marble floors. One unit is an office/beauty salon-a sink, bath, bdr., but no stove. The 1700 sq ft., 22 ft tall, warehouse has 220 electrical, & pull through garage doors( F & B.) 1/2 acre lot offering plenty of parking-Zoned NRC (the old C-3.). Fantastic location only 3.4 miles to I-40, & 4 miles to I-25. Projected cap rate of 6% on multi-units. If you rent the warehouse for $2,000 a month, the cap rate for the property would increase to 9%. Owner financing (REC) is OK w/ $150K down. 7.5% interest, 5 year call. Wow!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jean A Chavez 505-620-5326,

    RE/MAX SELECT

    Bought with:

    The Chavez Team

    Keller Williams Realty

    Source: SWMLS,MLS#: 1038260MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Ductless
    Cooling
    • Ductless, Evaporative Cooling, Multi Units, Refrigerated, Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Electric Range, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: See Remarks, Tile
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,121
    • Total interior livable area: 2,121 sqft

    Property

    Parking
    • Total spaces: 12
    Accessibility
    • Accessibility features: Wheelchair Access
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    Lot
    • Size: 0.49 Acres
    • Dimensions: 116
    Details
    • Has additional parcels: Yes
    • Parcel number: 101105733701840203
    • Zoning description: NR-C*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Municipal Utilities, Phone Available, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Security: Security Gate
    Location
    • Region: Albuquerque

    Financial & listing details

    • Tax assessed value: $295,500
    • Annual tax amount: $2,691
    • Date on market: 7/19/2023
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
    • Tenant pays: None

    Price history

    DateEventPrice
    9/15/2023Sold--
    Source: SWMLS #1038260 Report a problem
    7/24/2023Pending sale$480,000$226/sqft
    Source: SWMLS #1038260 Report a problem
    7/21/2023Listed for sale$480,000+152.6%$226/sqft
    Source: SWMLS #1038260 Report a problem
    10/27/2016Sold--
    Source: SWMLS #219009_868616 Report a problem
    10/3/2015Listing removed$190,000$90/sqft
    Source: Berkshire Hathaway HomeServices Allstar, REALTORS(r) #836945 Report a problem
    8/20/2015Price change$190,000-9.5%$90/sqft
    Source: Berkshire Hathaway HomeServices Allstar, REALTORS(r) #836945 Report a problem
    5/28/2015Price change$210,000-4.5%$99/sqft
    Source: Berkshire Hathaway Home Services ALLSTAR #836945 Report a problem
    5/22/2015Price change$220,000-2.2%$104/sqft
    Source: Berkshire Hathaway Home Services ALLSTAR #836945 Report a problem
    4/2/2015Listed for sale$225,000$106/sqft
    Source: Berkshire Hathaway Home Services ALLSTAR #836945 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,162 -15.9%$98,491 -16.1%
    2024$4,950 +77.7%$117,322 +80%
    2023$2,785 +3.5%$65,182 +3%
    2022$2,692 +3.5%$63,284 +3%
    2021$2,601 +1.7%$61,441 +3%
    2020$2,559 $59,651 +30.3%
    2019-- $45,772
    2018$925 -33.8%$45,772 +39.5%
    2017$1,398 +292.4%$32,819 +2.5%
    2016$356 -99.1%$32,030 -22.3%
    2015$41,243 +5426.9%$41,243 +3%
    2014$746 $40,042 +3%
    2013$746 $38,876 +3%
    2012-- $37,745 +3%
    2011-- $36,645 +3%
    2010-- $35,579 +3%
    2009-- $34,543 +3%
    2008-- $33,537 +3%
    2007-- $32,560 +3%
    2006-- $31,612 +3%
    2005-- $30,691 +3%
    2004-- $29,799 +3%
    2003-- $28,931 +1.7%
    2002-- $28,460 +3%
    2001-- $27,631 -1.7%
    2000-- $28,098
    Find assessor info on the county website

    Neighborhood: Crestview Bluff

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $442,400
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    Estimated market value
    $442,400