1516 Spence Avenue SE
Albuquerque, NM 87106
- 2 beds
- 1 bath
- 806 sqft
- 5,998 sqft lot
- $260 per sqft
- 1950 build
- – on site
Fixer-Upper Opportunity with Possible Owner Financing!Looking for a long-term investment in a thriving area? This property, located just south of UNM, could be your next project. The neighborhood has seen significant development in recent years, including major businesses like Chick-fil-A, Starbucks, Subway, Dion's, and Chili's, all within half a mile.According to the owner, the property features a newer roof (installed within the last five years) and an updated sewer line. It's being sold as-is, where-is, with no repairs provided. Inspections are for buyer's information only.Don't miss this chance to invest in an up-and-coming area!
Last checked:
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Last updated Jan 11, 2025
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MLS# 1076313 —
The Building
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Year Built:1950
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Builder Name:Unknown
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New Construction:false
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Construction Materials:Block,Stucco
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Stories:1
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Levels:One
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Direction Faces:North
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Roof:Flat,RolledHotMop
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Basement:false
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Window Features:CasementWindows
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Exterior Features:Fence,PrivateYard
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Accessibility Features:None
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Building Area Total:806.0
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Building Area Source:ListingAgent
Interior
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Interior Features:MainLevelPrimary
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Fireplace:false
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Laundry Features:None
Room Dimensions
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Living Area:806.0
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Living Area Source:ListingAgent
Location
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Directions:I-25 and Gibson to University. South on University to Spence. West on Spence to property.
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Latitude:35.056033
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Longitude:-106.632004
The Property
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Parcel Number:101505521942420726
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Property Type:Residential
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Property Subtype:Detached
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Property Attached:false
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Property Subtype Additional:Detached
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Property Condition:Resale
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Zoning Description:R-1B*
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Lot Size Acres:0.14
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:5998.0
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Lot Size Source:PublicRecords
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Fencing:BackYard
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (505) 350-8184
- Office phone:
- (505) 897-1100
Taxes
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Tax Annual Amount:914.86
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Full Baths:1
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:EvaporativeCooling
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Cooling:true
Utilities
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Utilities:NaturalGasConnected
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Sewer:PublicSewer
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Water Source:Public
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Green Energy Generation:None
Schools
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Elementary School:Lowell
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Middle Or Junior School:Wilson
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High School:Albuquerque
The Community
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Pool Private:false
Parking
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Garage:false
Monthly cost estimate
Asking price
$210,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,124
|
| Taxes | $76 |
| Insurance | $57 |
| Utilities | $113 See report |
| Total | $1,370/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
|
Listed / Active | SWMLS | $210,000 |
