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408 Prospect Ave; Albuquerque, NM Property Details

408 Prospect Ave, Albuquerque, NM is a Apt House 5+ Units that was built in 1932. This property is currently Financed and is not for sale. Our records show that 408 Prospect Ave has 2 bedrooms, and 2 bathrooms, and a total of 928 square feet. The lot size of 408 Prospect Ave is 4,269 square feet.

Off market
408 Prospect Ave NW Albuquerque, NM 87102
$105,500 Listing Price
2 Beds
2 Baths
928 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1932
  • Purchase Price: $127,680
  • Open Loans / Balance: 1 / $88,116
  • Est. Equity / %: $206,884 / 70.13%
  • APN: 1-014-059-275-261-3-28-28
  • Situs County: Bernalillo
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Floor Cover Type: Wood
  • Stories: 1
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 928/SqFt
  • Lot: 4,269/SqFt
  • Gross: 928/SqFt
  • Living: 928/SqFt
  • Building: 928/SqFt
  • Ground: 1,856/SqFt
  • Price Per Square Foot: $137.59

Legal Description

  • Description: LTS 2 & 3 BLK 2 APACHE TRAIL ADDN
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.10908 / -106.64781
  • Subdivision: Apache Trail Add
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1021
  • Bathroom Fixtures: 6
  • Heating: Yes

Ownership Info

408 Prospect Ave NW has no associated ownership info
408 Prospect Ave NW has no associated ownership info.

Taxes

408 Prospect Ave NW has 10 associated Taxes items

408 Prospect Ave, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $35,997. The APN we've located for 408 Prospect Ave is 1-014-059-275-261-3-28-28.

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Taxes
  • Assessed Value:  $35,997
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-014-059-275-261-3-28-28
  • Assessed Land Value:  9366
  • Market Land Value:  28943
  • Tax Amount:  1739.52
  • Tax Year:  2025
  • Market Value:  111240
  • Market Year:  2026

Tax History

408 Prospect Ave NW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $37,077 Land Value $9,647 Improvement Value $27,430 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $1,739.52 Change Rate -0.17131% Assessed CR Tax Rate
Year 2024 Assessed Value $43,496 Land Value $5,458 Improvement Value $38,038 Tax Amount $2,099.12 Change Rate +0.018565% Assessed CR Tax Rate +0.04826%
Year 2023 Assessed Value $42,229 Land Value $5,299 Improvement Value $36,930 Tax Amount $2,060.86 Change Rate +0.448922% Assessed CR Tax Rate +0.048802%
Year 2022 Assessed Value $29,879 Land Value $5,622 Improvement Value $24,257 Tax Amount $1,422.34 Change Rate +0.034279% Assessed CR Tax Rate +0.047603%
Year 2021 Assessed Value $29,008 Land Value $5,458 Improvement Value $23,550 Tax Amount $1,375.2 Change Rate -0.75853% Assessed CR Tax Rate +0.047408%
Year 2020 Assessed Value $28,163 Land Value $5,299 Improvement Value $22,864 Tax Amount $5,695.12 Change Rate +0.495548% Assessed CR Tax Rate +0.20222%
Year 2019 Assessed Value $28,163 Land Value $5,299 Improvement Value $22,864 Tax Amount $3,808.05 Change Rate +0.37688% Assessed CR Tax Rate +0.135215%
Year 2018 Assessed Value $28,163 Land Value $5,299 Improvement Value $22,864 Tax Amount $2,765.71 Change Rate +1.173104% Assessed CR Tax Rate +0.098204%
Year 2017 Assessed Value $27,807 Land Value $5,458 Improvement Value $22,349 Tax Amount $1,272.7 Change Rate Assessed CR Tax Rate +0.045769%
Year 2016 Assessed Value $26,997 Land Value $5,299 Improvement Value $21,698 Tax Amount $1,272.7 Change Rate -0.956109% Assessed CR Tax Rate +0.047142%
Year 2015 Assessed Value $28,997 Land Value $5,299 Improvement Value $23,698 Tax Amount $28,997 Change Rate +20.595074% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $28,794 Land Value $6,713 Improvement Value $22,081 Tax Amount $1,342.76 Change Rate Assessed CR Tax Rate +0.046633%
Year 2013 Assessed Value $27,956 Land Value $6,517 Improvement Value $21,439 Tax Amount Change Rate Assessed CR Tax Rate