Pending

$400,000

720 Tramway Ln NE Unit 24, Albuquerque, NM 87122

3beds

1,747sqft

$2,714/mo

Get pre-qualified

Townhouse

Built in 1983

1,742 Square Feet Lot

$389,600 Zestimate^®

$229/sqft

$50/mo HOA

What's special

Modern finishesClean contemporary feel throughoutFresh interior paintNew flooringNew roofTwo private balconiesRemodeled kitchen

Beautifully updated townhome ideally located at the base of the Sandia Mountains near Tramway, offering a perfect blend of comfort, convenience, and scenic surroundings. This move-in-ready home features three generously sized bedrooms and a bright, open floor plan designed for everyday living and entertaining. The remodeled kitchen showcases new stainless steel appliances, granite countertops, and modern finishes. Fresh interior paint and new flooring enhance the clean, contemporary feel throughout. Enjoy stunning mountain views from two private balconies--perfect for relaxing mornings or peaceful evenings. Recent upgrades include a new roof, refrigerated air, water heater, and an upgraded electrical panel.

130 days
368
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: Lower
Area: 180
Dimensions: 15 x 12

Bedroom 2

Level: Lower
Area: 119.78
Dimensions: 10.6 x 11.3

Bedroom 3

Level: Lower
Area: 132
Dimensions: 12 x 11

Kitchen

Level: Upper
Area: 145.65
Dimensions: 13.11 x 11.11

Living room

Level: Upper
Area: 290.7
Dimensions: 17.1 x 17

Heating

Combination, Central, Forced Air

Cooling

Refrigerated

Appliances

Included: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
Laundry: Electric Dryer Hookup

Features

Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Shower Only, Separate Shower
Flooring: Carpet, Vinyl
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,747
Total interior livable area: 1,747 sqft

Property

Parking

Total spaces: 2
Parking features: Detached, Garage, Oversized
Garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony

Lot

Size: 1,742 Square Feet

Details

Parcel number: 102306512302730137
Zoning description: R-2

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse
Attached to another structure: Yes

Materials

Frame, Wood Siding
Roof: Flat

Condition

Resale
New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Chamisa Park

HOA

Has HOA: Yes
Services included: Common Areas, Road Maintenance, Security
HOA fee: $50 monthly

Location

Region: Albuquerque

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $207,768
Annual tax amount: $2,156
Date on market: 4/22/2026
Cumulative days on market: 195 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$389,600

$370,000 - $409,000

$2,405/mo

Price history

Date	Event	Price
8/15/2026	Pending sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
7/13/2026	Listed for sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
6/30/2026	Pending sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
6/9/2026	Listed for sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
5/28/2026	Pending sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
4/22/2026	Listed for sale	$400,000$229/sqft
Source: SWMLS #1102141 Report a problem
4/21/2026	Listing removed	$400,000$229/sqft
Source: SWMLS #1096968 Report a problem
4/16/2026	Price change	$400,000-5.9%$229/sqft
Source: SWMLS #1096968 Report a problem
2/10/2026	Price change	$425,000-3.4%$243/sqft
Source: SWMLS #1096968 Report a problem
1/19/2026	Listed for sale	$440,000+6%$252/sqft
Source: SWMLS #1096968 Report a problem
10/29/2025	Listing removed	$3,100$2/sqft
Source: Zillow Rentals Report a problem
10/28/2025	Listing removed	$415,000$238/sqft
Source: SWMLS #1089393 Report a problem
10/14/2025	Listed for rent	$3,100+158.3%$2/sqft
Source: Zillow Rentals Report a problem
10/6/2025	Price change	$415,000-2.4%$238/sqft
Source: SWMLS #1089393 Report a problem
9/10/2025	Price change	$425,000-2.3%$243/sqft
Source: SWMLS #1089393 Report a problem
9/5/2025	Price change	$435,000-2.2%$249/sqft
Source: SWMLS #1089393 Report a problem
8/25/2025	Price change	$445,000-1.1%$255/sqft
Source: SWMLS #1089393 Report a problem
8/9/2025	Listed for sale	$450,000$258/sqft
Source: SWMLS #1089393 Report a problem
7/2/2025	Listing removed	$450,000$258/sqft
Source: SWMLS #1085651 Report a problem
6/22/2025	Price change	$450,000-5.3%$258/sqft
Source: SWMLS #1085651 Report a problem
6/10/2025	Listed for sale	$475,000+53.2%$272/sqft
Source: SWMLS #1085651 Report a problem
3/25/2025	Sold	--
Source: SWMLS #1079052 Report a problem
3/9/2025	Pending sale	$310,000$177/sqft
Source: SWMLS #1079052 Report a problem
3/7/2025	Price change	$310,000-16.2%$177/sqft
Source: SWMLS #1079052 Report a problem
2/28/2025	Listed for sale	$370,000$212/sqft
Source: SWMLS #1079052 Report a problem
12/10/2014	Listing removed	$1,200$1/sqft
Source: Keller Williams Realty #827764 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,157 +3.3%	$69,249 +3%
2024	$2,087 +1.6%	$67,232 +3%
2023	$2,054	$65,274 +3%
2022	--	$63,373 +3%
2021	$1,919 +1.6%	$61,528 +3%
2020	$1,888	$59,736 +3%
2019	--	$57,996
2018	$1,607 -9%	$57,996 +3%
2017	$1,766 +6.6%	$56,308 +6.1%
2016	$1,658 -96.8%	$53,077 +3%
2015	$51,531 +3223.3%	$51,531 +3%
2014	$1,551	$50,031 +3%
2013	$1,551	$48,573 +3%
2012	--	$47,159 +3%
2011	--	$45,786 +3%
2010	--	$44,457 -26.4%
2009	--	$60,421 +3%
2008	--	$58,661 +3%
2007	--	$56,953 +3%
2006	--	$55,294 +44.2%
2005	--	$38,350 +3%
2004	--	$37,234 +3%
2003	--	$36,149 +3%
2002	--	$35,096
2001	--	$35,096 -3.1%
2000	--	$36,230