501 Simpier Ln SW, Albuquerque, NM 87102
SOLDFEB 2, 2024

501 Simpier Ln SW
Albuquerque, NM 87102

Barelas
  • 6 Beds
  • 3 Baths
  • 2,539 sqft
  • 6 Beds
  • 3 Baths
  • 2,539 sqft

Homes for Sale Near 501 Simpier Ln SW

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from February 05, 2024
Nestled in a prime location close to downtown ABQ, museums, library, theaters & north of the National Hispanic Cultural Center, this triplex presents an opportunity for seasoned investors and owner-occupants looking to make a smart real estate move. Each unit is 2 bed 1 bath with their own back yard. Units A & B have been updated with fresh paint, new flooring, new fixtures and restroom/kitchen upgrades. Unit A has W&D & new electric oven. Owner recently added security pedestrian gate, secured parking and sewer cleanouts. Unit A is currently owner-occupied. This arrangement can be a savvy way to offset your living expenses and simultaneously build wealth through real estate investment.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$158/sqft
Listed
168 days ago

Home Details for 501 Simpier Ln SW

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2539 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dryer, Free-Standing Electric Range, Refrigerator, WasherDryerLaundry: Washer Hookup,Dryer Hookup,In UnitRefrigeratorWasher
Heating & Cooling
Heating: Central,Forced AirHas CoolingAir Conditioning: Evaporative CoolingHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Carpet, Laminate, Vinyl
Security
Security: Security Gate

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi Family
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 101405603346021012

Price & Status

Price
List Price: $399,900Price Per Sqft: $158/sqft
Status Change & Dates
Off Market Date: Fri Feb 02 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Albuquerque

Building

Building Area
Building Area: 2539 Square Feet

Lot Information

Lot Area: 6098.4 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

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: 1044696Living Area Range Units: Square Feet
Last check for updates: about 13 hours ago
Listed by Alexandria D. Oberbeck, (505) 804-4903
Southwest Elite Real Estate
Jonathan M Ortiz, (505) 363-8451
Southwest Elite Real Estate
Bought with: Jose Luis Tinoco-Lopez, (505) 297-7771, Re/Max Exclusive
Source: SWMLS, MLS#1044696

Price History for 501 Simpier Ln SW

DatePriceEventSource
02/02/2024--Sold
SWMLS #1044696
12/13/2023$399,900PendingSWMLS #1044696
11/21/2023$399,900PendingToActiveSWMLS #1044696
11/16/2023$399,900PendingSWMLS #1044696
11/13/2023$399,900Listed For SaleSWMLS #1044696
11/04/2021--Sold
SWMLS #999499
09/17/2021$239,500PendingSWMLS #999499
08/23/2021$239,500Listed For SaleSWMLS #999499
10/31/2012--Sold
N/A
08/18/2005--Sold
N/A
03/05/2001--Sold
N/A

Property Taxes and Assessment

Year2022
Tax$3,611
Assessment$227,600
Home facts updated by county records

Comparable Sales for 501 Simpier Ln SW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Multi-Family Home
-
11/01/23
3
2
1,300
0.84
Multi-Family Home
-
09/29/23
7
5
3,505
0.93
Multi-Family Home
-
01/10/24
4
5
2,068
0.88
Multi-Family Home
-
08/31/23
5
6
3,806
0.64
Multi-Family Home
-
11/30/23
10
5
4,009
1.03
Multi-Family Home
-
07/28/23
3
4
1,978
0.92
Multi-Family Home
-
10/05/23
2
3
1,418
0.82
Multi-Family Home
-
08/22/23
4
3
-
1.00
Multi-Family Home
-
12/14/23
2
2
1,287

Assigned Schools

These are the assigned schools for 501 Simpier Ln SW.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

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

What Locals Say about Barelas

  • Trulia User
    "The neighborhood is great to live at and sometimes quiet, but noisy. The school is a good places to put your kids at. The park and community and the zoo is good also."
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  • Kevin C.
    "houses to be very close to neighbors so if a dog barks there's usually someone who complains. animal control also patrols through the neighborhood often and harasses people for the tiniest of things. "
    1
    Flag
  • Avery J. K.
    "Special, old school sweet roots neighborhood. Classic Albuquerque, right by the river and downtown. "
    0
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  • Lillian
    "I drive to work on the NE side. The public transport is lacking and the road culture/infrastructure is inhospitable to biking."
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  • Karisma A.
    "There’s a lot of community vibes, positive ones! the park is walking distance as to the zoo and down town and the aquarium and the Rio grande walking stream! so many beautiful and fun things to do but not somewhere to be late at night, the homeless shelter is on 3rd street there fore many walk around "
    3
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LGBTQ Local Legal Protections

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.

Homes for Rent Near 501 Simpier Ln SW

Off Market Homes Near 501 Simpier Ln SW

501 Simpier Ln SW, Albuquerque, NM 87102 is a 6 bedroom, 3 bathroom, 2,539 sqft multi-family built in 1980. 501 Simpier Ln SW is located in Barelas, Albuquerque. This property is not currently available for sale. 501 Simpier Ln SW was last sold on Feb 2, 2024 for $400,000 (0% higher than the asking price of $399,900). The current Trulia Estimate for 501 Simpier Ln SW is $389,400.