3208 Wellesley Ct NE, Albuquerque, NM 87107
FOR SALE

3208 Wellesley Ct NE
Albuquerque, NM 87107

Alta Monte
  • 3 Beds
  • 2 Baths
  • 2,430 sqft
  • 3 Beds
  • 2 Baths
  • 2,430 sqft

$485,000

Est. Mortgage $3,010/mo*

Local Information

map showing home location
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Commute Destination

Description

Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$200
Listed
82 days ago

Home Details for 3208 Wellesley Ct NE

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2430 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Free-Standing Gas Range, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: DuctlessHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Ductless
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Vinyl

Exterior Features

Exterior Home Features
Exterior: Lighting

Days on Market

Days on Market: 82

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 101606044908740307

Price & Status

Price
List Price: $485,000Price Per Sqft: $200

Active Status

MLS Status: Active

Location

Direction & Address
City: Albuquerque

Agent Information

Listing Agent
Listing ID: 1056741

Building

Building Area
Building Area: 2430 Square Feet

Community

Community Features: Storage Facilities

Lot Information

Lot Area: 9583.2 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

Mls Number: 1056741Living Area Range Units: Square Feet

Additional Information

Storage Facilities
Last check for updates: about 23 hours ago
Listing courtesy of Rory Jensen, (505) 250-3333
Duke City Real Estate Services, (505) 463-8018
Source: SWMLS, MLS#1056741

Price History for 3208 Wellesley Ct NE

DatePriceEventSource
02/07/2024$485,000Listed For SaleSWMLS #1056741
01/19/2024ListingRemovedSWMLS #1053815
12/21/2023$475,000PriceChange
SWMLS #1053815
12/04/2023$495,000Listed For SaleSWMLS #1053815
09/30/2020--Sold
SWMLS #976031
09/01/2020$220,000PendingAgent Provided
09/01/2020$220,000Listed For SaleAgent Provided
10/15/2018$229,500ListingRemovedAgent Provided
06/20/2018$229,500Listed For SaleAgent Provided
05/15/2014--Sold
SWMLS #809856
03/18/2014$175,000Listed For SaleAgent Provided
06/04/2011$195,000ListingRemovedAgent Provided
02/26/2011$195,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax$3,004
Assessment$211,900
Home facts updated by county records

Comparable Sales for 3208 Wellesley Ct NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Multi-Family Home
-
12/14/23
8
4
2,970
0.13
Multi-Family Home
-
05/27/23
2
1
8,410
0.34
Multi-Family Home
-
10/04/23
8
4
3,456
1.10
Multi-Family Home
-
06/29/23
2
2
2,274
0.87
Multi-Family Home
-
04/11/24
2
2
710
0.98
Multi-Family Home
-
11/08/23
6
4
2,523
1.07
Multi-Family Home
-
10/30/23
3
3
21,240
2.23
Multi-Family Home
-
03/25/24
3
2
1,899
1.40
Multi-Family Home
-
03/06/24
5
3
-
1.37
Multi-Family Home
-
10/16/23
2
5,392

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Alta Monte

  • Trulia User
    "The neighborhood just feels safe. you see kids playing out side riding bikes and just having fun being kids."
    0
    Flag
  • Trulia User
    "I live in Albuquerque and the area is quiet and price is right for my budget and it's not in a bad neighborhood it's great"
    0
    Flag
  • Austin.ebony17
    "It’s very quiet a lot of growing families in the area. So it’s not too many disturbances that disrupt during the night. "
    5
    Flag

LGBTQ Local Legal Protections

Rory Jensen, Duke City Real Estate Services
Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3208 Wellesley Ct NE, Albuquerque, NM 87107 is a 3 bedroom, 2 bathroom, 2,430 sqft multi-family built in 1973. 3208 Wellesley Ct NE is located in Alta Monte, Albuquerque. This property is currently available for sale and was listed by SWMLS on Feb 7, 2024. The MLS # for this home is MLS# 1056741.