PENDING

420 Columbia Dr SE
Albuquerque, NM 87106

University Hts

Local Information

  • Map View
    Explore the area around 420 Columbia Dr SE.
  • Street View
    Take a virtual walk around the neighborhood.
  • Schools
    1 Elementary School
    1 Middle School
    1 High School
  • Crime
    High crime relative to the rest of Bernalillo county.
  • Commute
    83% of residents commute by car.
  • Shop & Eat
    111 Restaurants
    7 Groceries
    31 Nightlife

Description

The property is walking distance to UNM and CNM, and has good walk (75), bike (93), and transit (46) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents). The front houses have hardwood floors and speak to the quality workmanship of an 80 year old residence. The rear triplex are of newer construction, and contain two story townhouse style one bedroom units with decks that overlook the Sandia mountains. At the ask price of $500,000 and an average rent of $837 (up from $777 in 2018) the measure of investment performance include a GRM of 9.96, a CAP rate of 6.26%, a price per unit of $100,000, a price per square foot of $132.80 and an after-tax IRR of 14.30%.

Home Details for 420 Columbia Dr SE

Year Built
1940
Parking
No Info
Price/Sqft
$136
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
No Info
Interior Features
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1
Dimensions and Layout
Living Area: 3765 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer ConnectedAppliances: RefrigeratorRefrigerator
Heating & Cooling
Heating: NoneNo CoolingAir Conditioning: NoneNo Heating
Gas & Electric
Electric: None
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Wood
Days on Market
Days on Market: 180+
Property Information
Year Built
Year Built: 1940
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 101605715804830923
Price & Status
Price
Price Per Sqft: $136
Active Status
MLS Status: Pending
Media
Virtual Tour (branded): Virtual Tour (branded)See Virtual Tour: http://www.nmapartment.com420columbia3d2
Location
Direction & Address
Community: University Heights
Agent Information
Listing Agent
MLS/Source ID: 983152
Building
Building Area
Building Area: 3765
Lot Information
Lot Area: 7100 Square Feet
Offer
Listing Terms: Cash, Conventional
Tax Information
Tax Legal Description: Lot 10, Block 20, University Heights
Business
Expense
Tenant Pays: None
Miscellaneous
Living Area Range Units: Square Feet
Last check for updates: about 15 hours ago
Listing courtesy of Todd D Clarke
NM Apartment Advisors, Inc., (505) 440-8633
Kyle E Deacon
Deacon Property Services, (505) 878-0100
Source: SWMLS, MLS#983152

Price History for 420 Columbia Dr SE

Event DetailsPrice
07/23/2021
Pending
SWMLS #983152
$513K

06/01/2021
PendingToActive
SWMLS #983152
$513K

05/01/2021
Pending
SWMLS #983152
$493K

05/01/2021
Listed For Sale
SWMLS #983152
$493K

02/12/2021
ListingRemoved
SWMLS #983152
$493K

11/13/2020
PriceChange
Agent Provided
$493K

10/13/2020
PendingToActive
Agent Provided
$500K

08/11/2020
Pending
Agent Provided
$500K

12/20/2019
Listed For Sale
Agent Provided
$500K

12/03/2018
ListingRemoved
Agent Provided
$370K

09/20/2018
Pending
Agent Provided
$370K

07/31/2018
Listed For Sale
Agent Provided
$370K

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Property Taxes and Assessment

Year2020
Tax$5,228
Assessment$365,650
Home facts updated by county records

Price Trends

For homes in 87106
$295,958
Typical home value
This home: $512,500 42% above
$212
Typical Home Value by sqft
This home: $136 56% below
Price trends provided by third party data sources.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Hts

At least 15 Trulia users voted on each feature.
  • 100%
    It's dog friendly
  • 94%
    There are sidewalks
  • 90%
    It's walkable to grocery stores
  • 88%
    It's walkable to restaurants
  • 64%
    Parking is easy
  • 53%
    There's holiday spirit
  • 47%
    Yards are well-kept
  • 47%
    Streets are well-lit
  • 44%
    Car is needed
  • 38%
    Neighbors are friendly
  • 36%
    People would walk alone at night
  • 31%
    It's quiet
  • 25%
    They plan to stay for at least 5 years
  • 22%
    There's wildlife
  • 19%
    Kids play outside
  • 10%
    There are community events
Learn more about our methodology.
  • Trulia User
    "It’s dog friendly neighborhood that seems to be maintained as far as doggie clean up... some owners do walk pets without leashes tho"
    0
    Flag
  • Trulia User
    "Lot of college students live in the area so don’t know if it’s a great neighborhood to have children. "
    1
    Flag
  • Trulia User
    "Stop and Shop is an annual event where a part of Central Ave is closed off for people to walk and shop the local stores and restaurants. Also, Summerfest is a similar event and the Twinkle Light Parade happens during the holidays."
    1
    Flag
  • Trulia User
    "Food, shopping, parks, and still not very child friendly. Also parking by permit in some areas. Close to downtown or uptown."
    0
    Flag
  • Trulia User
    "Student neighborhood, good food and bars with some shopping. It has its ups and downs. Not really family friendly."
    0
    Flag
  • Trulia User
    "Lots of dogs in the neighborhood, friendly place to walk your dog. If you have grass in your yard people will let their dog stop. They don’t always clean up after."
    0
    Flag
  • Trulia User
    "Tuesday evenings in summer there is group of food trucks and some music. I'm sure it's called something but I cannot remember off the top of my head. "
    2
    Flag
  • Trulia User
    "Not many close dog parks but lots of great places to walk around the neighborhood like the university. "
    0
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
420 Columbia Dr SE, Albuquerque, NM 87106 is a 2 bedroom, 1 bathroom, 3,765 sqft multi-family built in 1940. 420 Columbia Dr SE is located in University Hts, Albuquerque. This property is currently available for sale and was listed by SWMLS on Dec 31, 2020. The asking price for 420 Columbia Dr SE is $512,500. The MLS # for this home is MLS# 983152.